Intuit

INTU Q3 2025 Earnings

Reported May 22, 2025 at 4:02 PM ET · SEC Source

Q3 25 EPS

$11.65

BEAT +6.77%

Est. $10.91

Q3 25 Revenue

$7.75B

BEAT +2.54%

Est. $7.56B

vs S&P Since Q3 25

-68.7%

TRAILING MARKET

INTU -44.3% vs S&P +24.4%

Market Reaction

Did INTU Beat Earnings? Q3 2025 Results

Intuit delivered a standout fiscal Q3 2025, beating Wall Street expectations on both top and bottom lines as an exceptional tax season and broad business momentum drove results well ahead of forecasts. The financial technology giant posted revenue of… Read more Intuit delivered a standout fiscal Q3 2025, beating Wall Street expectations on both top and bottom lines as an exceptional tax season and broad business momentum drove results well ahead of forecasts. The financial technology giant posted revenue of $7.75 billion, up 15.1% year-over-year and ahead of the $7.56 billion consensus, while non-GAAP diluted EPS of $11.65 cleared the $10.91 estimate by 6.77%, sending shares up roughly 8% in the aftermath. The single biggest story behind the beat was TurboTax Live, with revenue tracking toward 47% full-year growth to approximately $2 billion, now representing about 40% of Consumer Group revenue, illustrating how Intuit's AI-powered assisted tax model is reshaping the category. Credit Karma added further fuel, surging 31% to $579 million, prompting the company to dramatically lift full-year Credit Karma guidance to approximately 28% growth from a prior 5-8% range. Intuit also raised its full-year revenue outlook to $18.72 billion to $18.76 billion and non-GAAP EPS guidance to $20.07 to $20.12, reflecting confidence in durable, accelerating growth across all four business segments.

Key Takeaways

  • Outstanding tax season with TurboTax Live revenue growth accelerating significantly
  • QuickBooks Online Accounting revenue grew 21% driven by higher effective prices, customer growth, and mix-shift
  • Online Services revenue grew 18% driven by money and payroll offerings
  • Credit Karma strength in credit cards, personal loans, and auto insurance drove 31% revenue growth
  • TurboTax Online paying units growth of approximately 6% on share gains from higher ARPR filers
  • ARPR increase of approximately 13% as more customers chose assisted offerings and faster refund access
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INTU YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

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INTU Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q2 26

“We have exceptional momentum with outstanding performance across our platform. We're redefining what's possible with AI by becoming a one-stop shop of AI-agents and AI-enabled human experts to fuel the success of consumers and small and mid-market businesses.”

— Sasan Goodarzi, Q3 2025 Earnings Press Release