NASDAQ$INTU

Intuit Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Intuit reported strong second-quarter fiscal 2026 results with double-digit revenue growth and significant operating leverage.

Revenue increased 17% year over year to 4651000000, driven by strength in Global Business Solutions and Consumer segments. Operating income rose 44% to 855000000, while diluted EPS grew 49% to 2.48, reflecting strong margin expansion.

  • Total revenue grew 17% year over year to 4651000000.
  • Operating income increased 44% year over year to 855000000.
  • GAAP diluted EPS rose 49% year over year to 2.48.
  • Online Ecosystem revenue grew 21% and Credit Karma revenue grew 23%.

Headline financials

Total Revenue

$4.65B

Previous: $3.96B+17.4%
EPS

$2.48

Previous: $3.32-25.3%
Total Debt

$6.2B

No prior period
Dividends Declared

$1.20

No prior period
Share Repurchases

$961M

No prior period
Capital Expenditures

-$84M

Previous: -$64M-31.3%
Free Cash Flow

$609M

No prior period
Net Income

$693M

Previous: $471M+47.1%
Operating Income

$855M

Previous: $593M+44.2%
Gross Profit

$4.5B

Previous: $2.91B+54.9%
Cash & Equivalents

$2.94B

No prior period
Total Assets

$34.3B

No prior period

Revenue & EPS history

Intuit · Revenue · Quarterly

$4.65B

Q2 2026+17.4%vs Q2 2025
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Intuit · $8.56B total across 2 segments · Q3 2026

  • Consumer
    $5.27B
  • Global Business Solutions
    $3.29B

Forward guidance

For fiscal year 2026, Intuit expects revenue between 20997000000 and 21186000000, GAAP operating income between 5782000000 and 5859000000, and GAAP diluted EPS between 15.49 and 15.69. For Q3 FY26, revenue is expected between 8520000000 and 8553000000.

Tailwinds

  • Full-year revenue expected to grow approximately 12% to 13%.
  • GAAP operating income expected to grow approximately 17% to 19%.
  • Non-GAAP diluted EPS expected between 22.98 and 23.18 for the full year.
  • Q3 revenue expected around 8520000000 to 8553000000.
  • Consumer segment expected to grow 8% to 9% for full year.

Headwinds

  • Mailchimp expected to return to double-digit growth beyond fiscal 2026.
  • ProTax expected to grow only 2% to 3% for full year.
  • Credit Karma growth expected to moderate to 10% to 13% for full year.
  • Debt balance remains at 6200000000.
  • Share repurchase reduced cash balances during the quarter.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+0.8%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+1.4%

Avg return

30 days after

61%

44 / 72 earnings

Positive

+12.6%

Q2 2025

Best reaction

-16.0%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-8.9%
Q2 2026+7.5%+11.6%+5.6%
Q1 2026-0.4%-1.3%+5.3%
Q4 2025-5.1%-5.0%-1.4%
Q3 2025+8.2%+13.3%+14.3%
Q2 2025+12.6%+8.2%+7.8%
Q1 2025-1.6%-1.8%-1.1%
Q4 2024-7.6%-6.6%-3.8%
Q3 2024-9.4%-10.5%-5.7%
Q2 2024+3.4%+4.9%+0.9%
Q1 2024+2.9%+2.3%+11.9%
Q4 2023+3.6%+7.1%+1.5%
Q3 2023-8.4%-7.9%-0.7%
Q2 2023+3.3%+0.2%+5.7%
Q1 2023+5.7%+5.8%+1.4%
Q4 2022+4.4%+0.5%-11.1%
Q3 2022+4.6%+13.8%+7.9%
Q2 2022+4.3%+0.3%-1.6%
Q1 2022+9.0%+5.6%-2.3%
Q4 2021+0.6%+2.4%+4.5%
Q3 2021+0.5%-0.3%+9.6%
Q2 2021+2.9%-2.8%-7.3%
Q1 2021-2.0%-2.7%+7.2%
Q4 2020+2.8%+3.9%-7.4%
Q3 2020-1.0%-2.9%-1.4%
Q2 2020-4.3%-10.7%-21.8%
Q1 2020-5.0%-2.8%-2.3%
Q4 2019+0.9%+2.5%-2.6%
Q3 2019+4.0%+3.3%+5.6%
Q2 2019+6.3%+5.5%+7.1%
Q1 2019-7.7%-6.8%-7.5%
Q4 2018+3.3%+3.0%+5.1%
Q3 2018+2.4%+2.8%+9.4%
Q2 2018-0.9%-1.7%-2.0%
Q1 2018-3.0%-1.7%+1.8%
Q4 2017-0.3%+1.1%+6.3%
Q3 2017+8.4%+9.0%+10.1%
Q2 2017+7.2%+5.0%+0.2%
Q1 2017+4.6%+5.0%+5.8%
Q4 2016-2.4%-2.0%-1.6%
Q3 2016+0.4%+3.1%+4.1%
Q2 2016-3.1%
Q1 2016+6.8%
Q4 2015-16.0%
Q3 2015+3.3%
Q2 2015+7.8%
Q1 2015+0.3%
Q4 2014-2.0%
Q3 2014+0.5%
Q2 2014+5.2%
Q1 2014-1.5%
Q4 2013-0.6%
Q3 2013-1.8%
Q2 2013+2.2%
Q1 2013+1.4%
Q4 2012+0.5%
Q3 2012-1.1%
Q2 2012+6.2%
Q1 2012-2.6%
Q4 2011+4.2%
Q3 2011-2.8%
Q2 2011-1.5%
Q1 2011+0.4%
Q4 2010+1.8%
Q4 2008+1.8%
Q3 2009-1.2%
Q3 2010-1.2%
Q2 2010+2.4%
Q2 2009+1.0%
Q1 2009+1.0%
Q1 2010+1.0%
Q4 2009+1.0%

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