Intuit (NASDAQ:INTU) Posts Earnings Results

Intuit (NASDAQ:INTU) posted its quarterly earnings data on Tuesday. The software maker reported $4.03 EPS for the quarter, topping the consensus estimate of $3.58 by $0.45, FiscalAI reports. The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. Intuit’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.75 earnings per share. 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 Up 0.4%

NASDAQ INTU traded up $1.45 during trading hours on Monday, reaching $359.51. 1,842,109 shares of the company’s stock were exchanged, compared to its average volume of 4,382,581. The company has a market capitalization of $98.34 billion, a price-to-earnings ratio of 21.79, a price-to-earnings-growth ratio of 0.92 and a beta of 0.97. The company’s 50-day moving average is $307.36 and its two-hundred day moving average is $356.13. Intuit has a one year low of $252.84 and a one year high of $705.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. Intuit’s dividend payout ratio (DPR) is presently 33.45%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on INTU. Citigroup decreased their target price on Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a report on Thursday, August 13th. KeyCorp set a $400.00 price target on shares of Intuit in a research note on Wednesday, August 26th. JPMorgan Chase & Co. lowered shares of Intuit from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $605.00 to $331.00 in a research note on Wednesday, August 26th. Bank of America lowered shares of Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price objective for the company. in a research note on Wednesday, August 26th. Finally, Truist Financial lowered their target price on Intuit from $350.00 to $300.00 and set a “hold” rating on the stock in a research note on Wednesday, August 26th. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $434.68.

Insider Activity at Intuit

In related news, CAO Lauren D. Hotz sold 907 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 338 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the completion of the transaction, the director owned 12,326 shares in the company, valued at approximately $3,449,554.36. This trade represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,146 shares of company stock valued at $662,666 over the last three months. Insiders own 2.49% of the company’s stock.

Institutional Trading of Intuit

Several institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after acquiring an additional 1,350 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the period. United Bank bought a new position in Intuit in the 2nd quarter worth $734,000. Sivia Capital Partners LLC lifted its holdings in Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after buying an additional 166 shares during the period. Finally, Schnieders Capital Management LLC. increased its stake in shares of Intuit by 44.0% during the second quarter. Schnieders Capital Management LLC. now owns 537 shares of the software maker’s stock valued at $423,000 after purchasing an additional 164 shares in the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Intuit Company Profile

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.