Intuit Reports Fourth Quarter and Full Year Fiscal 2026 Results; Sets Fiscal 2027 Guidance
Article excerpt
Fourth-quarter revenue grew 14 percent, full year fiscal 2026 revenue grew 14 percent MOUNTAIN VIEW, Calif., August 25, 2026 --( BUSINESS WIRE )-- Intuit Inc. (Nasdaq: INTU) the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, Mailchimp, and Intuit Enterprise Suite, announced financial results for the fourth quarter and full fiscal year 2026, which ended July 31, 2026. "We surpassed $20 billion in revenue for the full year with growth fueled by our Big Bets which collectively grew 34 percent and represented 30 percent of full-year revenue," said Sasan Goodarzi, Intuit's chairman and chief executive officer. "Our strategy is to win as an AI-driven expert platform by creating a financial system of intelligence that increasingly does the work for consumers, businesses, and accountants and helps them accomplish the outcomes that matter most. Looking ahead, we're focused on scaling our Big Bets, accelerating customer growth, and making deliberate choices to create a stronger foundation for durable long-term growth." Financial Highlights For the full year: Total revenue increased 14 percent to $21.4 billion. Global Business Solutions revenue increased 16 percent to $12.9 billion, and Online Ecosystem revenue increased 19 percent to $9.9 billion. Consumer revenue increased 11 percent to $8.6 billion. GAAP operating income increased 20...
Keep reading with a free account
The rest of this article, and every signal for Intuit, is in your free account.
Extracted from this sentence
GAAP operating income increased 20 percent to $5.9 billion, and non-GAAP operating income increased 18 percent to $8.9 billion.
