NASDAQ$INTU

Intuit Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Intuit posted strong third-quarter results with double-digit revenue and earnings growth.

Intuit delivered robust Q3 FY25 results, driven by strength in its Consumer and Global Business Solutions segments, with Credit Karma rebounding significantly. The company raised full-year guidance across all major metrics.

  • Revenue grew 15% YoY to $7.754 billion, led by strong performance in TurboTax and Credit Karma.
  • GAAP EPS rose to $10.02, while non-GAAP EPS reached $11.65.
  • Net income hit $2.82 billion, up from $2.39 billion in Q3 FY24.
  • Intuit raised full-year guidance across revenue, operating income, and EPS.

Headline financials

Total Revenue

$7.75B

Previous: $6.74B+15.1%
EPS (adj)

$11.65

Previous: $8.42+38.4%
Total Debt

$6.4B

No prior period
Dividends Declared

$1.04

No prior period
Share Repurchases

$754M

No prior period
Capital Expenditures

-$99M

Previous: -$208M+52.4%
Net Income

$2.82B

Previous: $2.39B+18.0%
Operating Income

$3.72B

Previous: $3.11B+19.8%
Gross Profit

$6.44B

Previous: -$33M+19615.2%
R&D Expense

$707M

Previous: $671M+5.4%

Revenue & EPS history

Intuit · Revenue · Quarterly

$7.75B

Q3 2025+15.1%vs Q3 2024
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

Intuit raised its full-year guidance, expecting stronger revenue, earnings, and segment growth than previously forecast.

Tailwinds

  • Revenue guidance raised to $18.723B–$18.760B, up ~15%.
  • GAAP operating income projected to grow ~35% to $4.898B–$4.918B.
  • Non-GAAP EPS raised to $20.07–$20.12.
  • Credit Karma FY growth revised upward to 28%.
  • Consumer Group FY growth raised to 10% from 7–8%.

Headwinds

  • TurboTax Online units expected to decline ~1%.
  • TurboTax share of IRS returns to drop ~1 point.
  • Ongoing reduction in pay-nothing filers may impact total user base.
  • Slightly higher ARPR concentration may reduce lower-tier user acquisition.
  • Guidance includes cautious macroeconomic and regulatory assumptions.

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 Q3 2025

Historical avgQ3 2025

+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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