Intuit (NASDAQ:INTU) Announces Quarterly Earnings Results

Intuit (NASDAQ:INTU) posted its earnings results on Tuesday. The software maker reported $4.03 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.45, FiscalAI reports. Intuit had a net margin of 21.29% and a return on equity of 25.75%. The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period in the previous year, the business posted $2.75 EPS. Intuit’s revenue was up 13.7% on a year-over-year basis. Intuit updated its Q1 2027 guidance to 2.440-2.480 EPS and its FY 2027 guidance to 22.880-23.120 EPS.

Here are the key takeaways from Intuit’s conference call:

• Positive Sentiment: Intuit finished fiscal 2026 with revenue growth of 14% and GAAP and non-GAAP EPS growth of 20%. Its major growth bets—Assisted Tax, Money, and Mid-Market—grew 34% collectively and accounted for 30% of revenue.
• Negative Sentiment: Management acknowledged slower customer acquisition, with total online paying customers increasing only 3%, and said Intuit lost quality DIY tax customers to lower-cost competitors. The company expects fiscal 2027 revenue growth to decelerate to 9%-10%, including TurboTax growth of 2%-3% and Consumer segment growth of 4%-6%.
• Neutral Sentiment: Intuit is shifting fiscal 2027 investments toward new-customer acquisition and market-share gains, including QuickBooks Free and Lite, direct mid-market sales, industry-specific products, and expanded distribution for TurboTax. Management said this may reduce initial tax ARPC but is intended to increase customer lifetime value through broader platform adoption.
• Positive Sentiment: The business platform continued to show strong momentum: mid-market revenue grew 39%, online payment volume rose 30% for the year to more than $225 billion, and Intuit Enterprise Suite annualized revenue exceeded $145 million in the fourth quarter. AI adoption was also strong, with more than 75% of Enterprise Suite customers using AI agents monthly.
• Positive Sentiment: Intuit repurchased $5.5 billion of stock in fiscal 2026, up 96% year over year, reducing diluted shares outstanding by 2%, while the board approved a 15% dividend increase. Management also reiterated its goal of returning to durable double-digit companywide revenue growth over the longer term.

Intuit Stock Performance

Shares of Intuit stock opened at $345.88 on Thursday. The business has a 50-day moving average of $303.91 and a 200 day moving average of $357.37. Intuit has a 12 month low of $252.84 and a 12 month high of $705.08. The stock has a market capitalization of $94.61 billion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 1.12 and a beta of 0.97. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be paid a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio is currently 29.07%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on INTU. Royal Bank Of Canada decreased their price objective on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Piper Sandler lifted their target price on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research report on Wednesday. Oppenheimer decreased their price target on Intuit from $406.00 to $380.00 and set an “outperform” rating on the stock in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut their price objective on Intuit from $530.00 to $425.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th. Finally, Evercore reaffirmed an “outperform” rating on shares of Intuit in a research report on Tuesday, August 18th. Seventeen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $434.35.

Insider Transactions at Intuit

In other news, Director Richard L. Dalzell sold 284 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the sale, the director owned 11,758 shares of the company’s stock, valued at approximately $3,084,358.56. This represents a 2.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,239 shares of company stock worth $348,354 in the last 90 days. 2.49% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Intuit

Hedge funds have recently added to or reduced their stakes in the business. Betterment LLC increased its holdings in shares of Intuit by 2.1% in the third quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after purchasing an additional 16 shares during the last quarter. One Capital Management LLC boosted its holdings in shares of Intuit by 2.7% during the third quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock worth $465,000 after acquiring an additional 18 shares during the period. Quadcap Wealth Management LLC boosted its holdings in shares of Intuit by 1.0% during the third quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock worth $1,230,000 after acquiring an additional 18 shares during the period. Sepio Capital LP grew its position in shares of Intuit by 6.6% in the fourth quarter. Sepio Capital LP now owns 451 shares of the software maker’s stock valued at $299,000 after purchasing an additional 28 shares during the last quarter. Finally, CYBER HORNET ETFs LLC lifted its holdings in shares of Intuit by 4.1% during the third quarter. CYBER HORNET ETFs LLC now owns 753 shares of the software maker’s stock worth $514,000 after buying an additional 30 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit reported fiscal Q4 revenue of $4.35 billion, up 13.7% year over year and above the $4.27 billion consensus estimate. Adjusted earnings of $4.03 per share also exceeded expectations near $3.58. Intuit Beats Fiscal Q4 Targets But Misses With Outlook
• Positive Sentiment: The board raised Intuit’s quarterly dividend 15% to $1.38 per share, while the company repurchased approximately $5.5 billion of stock during fiscal 2026. Intuit Board Declares New Quarterly Cash Dividend
• Neutral Sentiment: Intuit plans to make Mailchimp a separate reportable segment in fiscal 2027, providing greater visibility into the unit’s performance. However, reports indicate the company expects little or no growth from Mailchimp in the coming year. Mailchimp Goes Missing
• Negative Sentiment: Fiscal 2027 revenue guidance of approximately $23.28 billion to $23.51 billion implies 9%–10% growth, below analyst expectations and down from fiscal 2026’s 14% growth. First-quarter guidance also trailed consensus, intensifying concerns about slowing momentum. Intuit’s Annual Forecast Falls Short
• Negative Sentiment: Management is considering lower prices and increased customer-acquisition spending to win TurboTax users and expand market share. Investors are concerned that pricing pressure, competition and potential AI disruption could weigh on revenue and profitability before the strategy produces results. Customers Are Fleeing TurboTax Over Price
• Negative Sentiment: Several analysts lowered their ratings or price targets after the outlook, including JPMorgan, Bank of America, Wolfe Research and Truist, reinforcing the market’s concerns about Intuit’s growth trajectory. JPMorgan Downgrades Intuit
• Negative Sentiment: Multiple law firms publicized securities class actions alleging that Intuit failed to adequately disclose TurboTax competitive and pricing risks. The September 8 lead-plaintiff deadline adds legal overhang, although the allegations have not been proven. Pomerantz Class Action Announcement

About Intuit

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.