Intuit

INTU Q1 2026 Earnings

Reported Nov 20, 2025 at 4:01 PM ET · SEC Source

Q1 26 EPS

$3.34

BEAT +7.99%

Est. $3.09

Q1 26 Revenue

$3.89B

BEAT +3.36%

Est. $3.76B

vs S&P Since Q1 26

-48.6%

TRAILING MARKET

INTU -39.2% vs S&P +9.4%

Market Reaction

Did INTU Beat Earnings? Q1 2026 Results

Intuit kicked off fiscal 2026 with a standout quarter, posting non-GAAP EPS of $3.34 against a consensus estimate of $3.09, a beat of roughly 7.99%, while revenue climbed 18.3% year-over-year to $3.88 billion, clearing the $3.76 billion estimate by 3… Read more Intuit kicked off fiscal 2026 with a standout quarter, posting non-GAAP EPS of $3.34 against a consensus estimate of $3.09, a beat of roughly 7.99%, while revenue climbed 18.3% year-over-year to $3.88 billion, clearing the $3.76 billion estimate by 3.36%. The engine behind the results was the Global Business Solutions segment, where QuickBooks Online Accounting revenue surged 25% on higher effective prices, customer growth, and favorable mix-shift, lifting Online Ecosystem revenue to $2.40 billion. Credit Karma delivered its own breakout performance, jumping 27% to $651 million on strength in personal loans, credit cards, and auto insurance. Following the results closely, analysts at multiple firms maintained bullish ratings, pointing to the company's AI-driven platform strategy as a durable competitive edge. Management reiterated full-year fiscal 2026 guidance, projecting revenue of $21.00 billion to $21.19 billion and non-GAAP EPS of $22.98 to $23.18, representing 12-13% and 14-15% growth, respectively.

Key Takeaways

  • QuickBooks Online Accounting revenue grew 25% driven by higher effective prices, customer growth, and mix-shift
  • Online Services revenue grew 17% driven by growth in money and payroll offerings
  • Credit Karma revenue grew 27% driven by strength in personal loans, credit cards, and auto insurance
  • Global Business Solutions Online Ecosystem revenue grew 21%
  • Consumer revenue grew 21%
24/7 Wall St

INTU YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

24/7 Wall St

INTU Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q2 26

“We delivered an exceptional first quarter as we continue to execute on our AI-driven expert platform strategy. Intuit is creating a system of intelligence, leveraging data, data services, AI, and human intelligence to fuel the success of consumers, small and mid-market businesses, and accountants.”

— Sasan Goodarzi, Q1 2026 Earnings Press Release