INTU Stock Recent News

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Alex Balazs, executive vice president and chief technology officer will present at the Citi Global TMT Conference on Wednesday, September 3 in New York. The fireside chat will begin at 5:50 a.m. Pacific Time (8:50 a.m. Eastern Time) and will be available live via audio webcast on Intuit's investor r.

Live Updates Live Coverage Has Ended Final Reaction 4:25 pm Metric Prior FY26 Consensus Post-Guide FY26 Shift Revenue $20.99B $21.0–$21.2B Higher EPS $22.9 $22.98–$23.18 Higher Bullish: Clean beat, raised FY26, Credit Karma momentum intact, AI monetization visible. Balanced: Guidance sets a high bar into FY26 — execution on mid-market and AI agents is now priced in. Bearish: Consumer unit still saw flat TurboTax unit growth (-2% total units), meaning reliance on upsell and ARPR remains high My take on earnings 4:17 pm The stock is still down 5.5% after-hours and here are my three takeaways from the report: Strong beat & raise across the board, but TurboTax unit decline and peak comps overshadowed AI upside. Credit Karma’s rebound was solid, yet investors see FY25 as a high-water mark. With shares at ~30x forward EPS, expectations were too high, leading to “sell the news.” Management Commentary 4:12 pm “Our virtual team of AI agents and AI-enabled human experts are pow

Live Updates Live Coverage Has Ended My takeaway from the quarter 4:23 pm Metric Prior FY26 Post-Guide FY26 Shift Subscription Rev ~$8.78B $8.815B Higher Margin ~28.5% 29.0% Higher Takeaways Bullish: AI adoption now tied directly to revenue and backlog; raised guide confirms momentum. Balanced: Still exposed to macro deal cycle elongation, but backlog growth suggests resilience. Bearish: Heavy reliance on subscription renewals and expansions — any slowdown in large-enterprise IT spend could bite. Key Operating Highlights 4:22 pm KPI Q2 Result YoY Context Total Revenue $2.35B +12.6% Slight beat; driven by subscription growth Subscription Revenue $2.17B +14.0% Core driver, consistent acceleration Backlog (12-mo cRPO) $7.91B +16.4% Demand signals remain strong Non-GAAP Operating Margin 29.0% +410bps Clear operating leverage FCF $588M +14% Cash conversion intact Guidance Update 4:21 pm Metric FY26 Prior FY26 New Direction Subscription Revenue ~$8.78B (implied) $8.815B (+14.2%) Raised Non

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Intuit INTU shares are trading lower after the company's first-quarter revenue guidance fell short of estimates. Multiple analysts lowered their price forecasts following the report.

Shares of Intuit (INTU -5.05%) are falling today, down 4.1% as of 1:35 p.m. ET. The drop came as the S&P 500 jumped 1.5% and the Nasdaq Composite jumped 1.8%.

INTU posts strong fiscal Q4 results with 38% EPS growth and 20% revenue jump, fueled by gains in Global Business Solutions and Credit Karma.

U.S. equities jumped at midday after Federal Reserve Chair Jerome Powell hinted that policymakers could be cutting interest rates soon. The Dow Jones Industrial Average, S&P 500, and Nasdaq all rose around 2%.

Sasan Goodarzi, Intuit CEO, joins 'Money Movers' to discuss Q2 earnings as shares slide on report and the impact of AI on business.

Shares of Intuit Inc (NASDAQ:INTU) are down 6.4% to trade at $653.16, despite the California-based fintech company topping earnings estimates, reporting fiscal fourth-quarter earnings of $2.75 per share on $3.83 billion in revenue.