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Intuit (INTU) Stock News

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Intuit Inc. reports company developments across its global financial technology platform, including TurboTax, Credit Karma, QuickBooks, Mailchimp and Intuit Enterprise Suite. News commonly covers tax preparation, consumer finance, small-business accounting, payroll, human capital management, marketing, and cloud-based ERP products for small and mid-market businesses.

Recurring updates include quarterly results by business area, AI-enabled product releases, instant-payment capabilities, partner and reseller relationships, conference appearances, dividends, share repurchases, and governance changes. Intuit’s announcements also describe how its platform connects tax, credit, banking, invoicing, payroll, accounting and marketing data across consumer and business workflows.

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Intuit (INTU) will announce its first-quarter fiscal year 2027 results on November 19, after the close of market. The quarter ends on October 31. Executives will discuss the results on a conference call at 1:30 p.m. Pacific Time on November 19. Prepared remarks and a replay will be available on Intuit’s Investor Relations website after the call.

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Intuit (Nasdaq: INTU) unveiled expanded AI capabilities across its accounting and business software, with U.S. rollout beginning October 27, 2026.

The updates span QuickBooks, Intuit Enterprise Suite and Intuit Accountant Suite, which has been adopted by more than 250,000 accounting firms. Intuit recently acquired Sequence; planned revenue management capabilities will draw on that acquisition to automate contract-to-cash workflows. Enterprise Suite construction and manufacturing capabilities are in beta, while nonprofit capabilities and multi-currency support are coming soon. Accountant Suite's Firm Playbooks and portfolio intelligence are also in beta. Agentic Books Close, an add-on for automating monthly accounting closes under accountant supervision, is in pilot with select customers and coming soon. Additional capabilities and international availability will follow the U.S. rollout.

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Intuit (INTU) launched Credit Karma Tax, a self-guided tax preparation service offering members free federal filing regardless of tax complexity. State filing costs $15 per state. The service is available through Credit Karma’s website and app, with AI assistance and a guarantee covering penalties and interest caused by calculation errors.

Federal refunds can arrive up to 5 days early for free when deposited into Credit Karma Checking. Intuit plans to offer applications for Refund Advance loans of up to $4,000, with no loan fees and 0% APR, with its Tax Year 2026 offering. Optional expert-support and final-review add-ons carry launch prices of $29 and $39, respectively, subject to change.

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Intuit (Nasdaq: INTU) has signed an agreement to acquire Sequence, an AI-native revenue management company serving businesses with complex billing workflows.

Intuit expects the acquisition to expand revenue management capabilities for Intuit Enterprise Suite and QuickBooks Online Advanced and extend its reach into B2B software and professional services. Sequence automates the process from quotes through revenue collection, supporting pricing and billing tied to consumption, usage, seats and milestones.

Intuit plans to continue supporting Sequence’s customers, make its capabilities available after the acquisition closes and develop an integrated offering in the coming months. Sequence’s team, including co-founder and CEO Riya Grover, will join Intuit’s Mid-Market product organization. Financial terms were not disclosed.

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Intuit (Nasdaq: INTU) and the NFL announced a four-year partnership extension through 2030, expanding the financial software company's sponsorship rights. The renewal adds official rights in Canada, the UK, Australia and New Zealand and brings Credit Karma into the NFL portfolio alongside TurboTax, QuickBooks and Mailchimp.

Intuit aims to showcase Intuit Intelligence, which combines data, AI and human expertise, to over 400 million NFL fans worldwide. Peyton Manning introduces the platform in a season-long campaign, while George and Claire Kittle participate in QuickBooks social activations. TurboTax remains featured in postseason programming.

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Intuit (INTU) expanded its IDEAS small-business accelerator and introduced a Los Angeles cohort focused on LA28 procurement opportunities.

The 2026-27 program will support more than 150 small businesses across its cohorts. Participants in the 12-month program receive complimentary access to Intuit’s platform and coaching, with a $5,000 cash grant at completion. Applications close October 15, 2026. Participants in previous cohorts achieved an average 23% revenue increase and saved 16.5 hours per month.

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Intuit (INTU) is hosting its Investor Day and reaffirmed first-quarter and full-year fiscal 2027 guidance, including projected revenue of $23.28–$23.51 billion, up 9–10% year over year. The company expects Global Business Solutions revenue of $13.07–$13.16 billion (up 13–14%), TurboTax revenue of $5.38–$5.45 billion (up 2–3%), Credit Karma revenue of $2.92–$2.97 billion (up 11–13%), and Mailchimp revenue roughly flat at –1% to 0% growth.

For fiscal 2027, GAAP operating income is guided to $7.41–$7.49 billion (up 26–27%) and GAAP diluted EPS to $20.12–$20.36 (up 22–24%). Non-GAAP operating income is projected at $8.06–$8.15 billion and non-GAAP EPS at $22.88–$23.12. First-quarter 2027 revenue is expected at $4.29–$4.31 billion (up 11%), with GAAP EPS of $1.71–$1.75 and non-GAAP EPS of $2.44–$2.48. Beginning in Q1 fiscal 2027, non-GAAP measures will include share-based compensation expense.

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Intuit (INTU)/b) announced that chief financial officer Sandeep Aujla will present at the Goldman Sachs Communacopia + Technology Conference on Thursday, Sept. 10, in San Francisco.The fireside chat starts at 10:10 a.m. Pacific time and will be available via live audio webcast on Intuit’s investor relations site, with a replay accessible after the event.

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Intuit (INTU) will host its annual Investor Day at its Mountain View, California headquarters on September 17, 2026, starting at 8:00 a.m. Pacific Time.

Chairman and CEO Sasan Goodarzi, CFO Sandeep Aujla, and other leaders will discuss Intuit’s strategy for fiscal year 2027 and beyond, which runs from August 1, 2026 to July 31, 2027. The half-day event will be webcast live, with a replay available on Intuit’s Investor Relations website.

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Intuit (Nasdaq: INTU) reported fourth-quarter fiscal 2026 revenue of $4.4 billion, up 14%, and full-year revenue of $21.4 billion, also up 14%. GAAP operating income for the year rose 20% to $5.9 billion and GAAP EPS increased 20% to $16.46; non-GAAP EPS grew 20% to $24.27.

Global Business Solutions revenue grew 16% to $12.9 billion and Consumer revenue 11% to $8.6 billion. Credit Karma revenue rose 20% to $2.6 billion, while TurboTax revenue increased 7% to $5.3 billion and TurboTax Live grew 37%, representing 53% of TurboTax revenue. The company highlighted its “Big Bets,” which collectively grew 34% and made up 30% of full-year revenue.

For fiscal 2027, Intuit guided total revenue to $23.3–$23.5 billion (9–10% growth), GAAP operating income to $7.4–$7.5 billion (26–27% growth), and GAAP diluted EPS to $20.12–$20.36 (22–24% growth). Intuit repurchased $5.5 billion of stock in fiscal 2026, has $7.9 billion remaining authorization, and raised its quarterly dividend 15% to $1.38 per share.

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FAQ

What is the current stock price of Intuit (INTU)?

Intuit (INTU) last closed at $352.10.

What is the market cap of Intuit (INTU)?

The market cap of Intuit (INTU) is approximately $94.1B.