Welcome to our dedicated page for Intuit news (Ticker: INTU), a resource for investors and traders seeking the latest updates and insights on Intuit stock.
Intuit Inc. (NASDAQ: INTU) drives innovation in financial management software through products like QuickBooks and TurboTax. This news hub provides investors and professionals with essential updates about the company's strategic initiatives, product enhancements, and market position.
Access real-time announcements including earnings reports, leadership changes, and technology partnerships. Our curated collection features official press releases alongside verified analysis to help you track Intuit's evolution in accounting solutions, tax automation, and small business ecosystems.
Key coverage areas include quarterly financial results, regulatory filings, product launches like Credit Karma integrations, and corporate responsibility initiatives. All content is organized chronologically for efficient research and due diligence.
Bookmark this page for streamlined access to Intuit's latest developments. Combine our news archive with Stock Titan's financial tools to maintain informed perspectives on this financial technology leader.
Intuit (NASDAQ: INTU) has launched the Small Business Growth Council in the UK, a new initiative aimed at empowering small businesses through AI and digital adoption. The Council, comprising 18 digitally-connected businesses, will focus on shaping policies for innovation and economic growth.
Research indicates that digitally connected businesses are 2.4 times more likely to report higher productivity and 2.3 times more likely to see increased revenue. However, over 25% of UK small businesses still don't use basic digital tools. The potential impact is significant - if the UK's 1.1 million micro businesses doubled their AI technology uptake, it could unlock a £16.6 billion productivity boost.
The Council will focus on three core areas: driving digital adoption, simplifying business administration, and democratizing access to AI. The initiative builds on the success of Intuit's US Small Business Council, which helped introduce the Small Business Technological Innovation Act (S.305).
Intuit (NASDAQ: INTU) has launched its second annual Hour of Finance Challenge, a national initiative for middle and high school students during Financial Literacy Month in April. The program features Intuit Prosperity Quest, an interactive online game teaching financial literacy through real-world scenarios.
The challenge kickoff aligns with Intuit's Financial Literacy Forum event at Intuit Dome in Los Angeles on April 1, featuring recording artist Saweetie and former NBA player Lou Williams. The initiative is part of Intuit for Education, a program that has reached over two million students with free personal and entrepreneurial finance courses powered by TurboTax, Credit Karma, QuickBooks, and Mailchimp.
According to Intuit's 2025 Prosperity Index Study, among Gen Z and Millennials: 60% prioritize quality of life over savings, 62% prefer work-life balance over higher earnings, 68% pursue additional education for career advancement, and 43% identify as cautious savers focusing on security over risk.
Intuit's TurboTax urges taxpayers to file their returns ahead of the April 15, 2025 deadline, highlighting significant refund potential. According to IRS filing statistics for the week ending March 7, 2025, tax refunds are up 5.7% compared to last year, with an average refund amount of $3,324.
Despite concerns about IRS layoffs and pending tax proposals, the company emphasizes these factors won't affect 2024 tax filings. TurboTax offers both self-filing options and access to thousands of TurboTax Live experts who can complete returns virtually or in-person. Returning TurboTax Full Service customers have the option to work with their previous year's tax expert.
Intuit (NASDAQ: INTU) has announced the launch of Tap to Pay on iPhone for QuickBooks Online customers in the U.S., enabling businesses to accept contactless payments using only an iPhone. This new feature eliminates the need for additional card readers or POS hardware.
The service integrates directly with QuickBooks Online accounts, allowing automatic synchronization and reconciliation of payments. According to Intuit QuickBooks Quarterly Small Business Insights, nearly half of U.S. small businesses report cash flow challenges.
Key features include:
- Seamless in-person payment processing through QuickBooks mobile or GoPayment apps
- Acceptance of contactless cards, Apple Pay, and other digital wallets
- Lower processing fees compared to keyed-in payments
- Enhanced security through iPhone's built-in features
- Expanded invoicing capabilities with instant payment options
Intuit (NASDAQ: INTU) has announced the expansion of its free financial literacy program, Intuit for Education, to colleges and universities nationwide. The initiative aims to empower 50 million students with financial literacy by 2030.
The program addresses a critical need, as over 70% of students experience financial stress in college, with more than half considering dropping out due to financial concerns. The expanded program includes:
- First Year Experience programs and financial wellness initiatives
- QuickBooks Online Curriculum for business education
- NIL Tax Empowerment Workshops for student-athletes
- Over 150 hours of customizable curriculum
The comprehensive program leverages Intuit's products (TurboTax, QuickBooks, Credit Karma, and Mailchimp) to provide interactive lessons and simulations on budgeting, saving, managing credit, and basic finances. The TurboTax tax empowerment program has already reached over 100,000 student-athletes with tax education and resources.
Intuit (Nasdaq: INTU), the global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, has announced that CFO Sandeep Aujla will participate in the Morgan Stanley Technology, Media & Telecom Conference.
The fireside chat is scheduled for March 4, 2025, at 1:05 p.m. Pacific Time (4:05 p.m. Eastern Time). Investors and interested parties can access the live audio webcast through Intuit's investor relations website. A replay will be made available approximately 24 hours after the presentation concludes.
Intuit Mailchimp has unveiled enhanced popup forms and product features to boost lead generation and business growth. The new popup forms, currently in beta, offer customizable, mobile-first designs for better audience targeting and zero-party data collection. The solution includes eight different offer types supporting various industries, from e-commerce to event signups.
Key features include unlimited design customization, 80+ templates, dynamic visitor targeting, and seamless data capture. Early adopter Avenova reported a 27% growth in SMS list within one month. The technology, built on Intuit's 2024 Amped acquisition, addresses the important need for mobile optimization, as approximately 75% of website visitors browse on mobile devices.
The feature is rolling out in English to customers in Australia, Canada, the UK, and the US, with global availability coming soon. Mailchimp is also launching additional features, including improved Meta lead ads integration and enhanced Customer Journey Builder functionality.
Intuit (INTU) reported strong Q2 fiscal 2025 results, with total revenue growing 17% to $4.0 billion. The company's Global Business Solutions Group revenue increased 19% to $2.7 billion, while Online Ecosystem revenue rose 21% to $2.0 billion. Credit Karma showed impressive growth with revenue up 36% to $511 million.
Key financial metrics include GAAP operating income up 61% to $593 million and non-GAAP operating income increasing 26% to $1.3 billion. GAAP EPS grew 34% to $1.67, while non-GAAP EPS rose 26% to $3.32.
The company reiterated its full-year fiscal 2025 guidance, projecting revenue growth of 12-13% to $18.16-18.35 billion and non-GAAP EPS of $19.16-19.36. Intuit also announced a 16% increase in quarterly dividend to $1.04 per share, payable April 18, 2025.
Intuit (NASDAQ: INTU) announced the launch of its national Financial Literacy Forum series and Hour of Finance Challenge, starting with a collaboration with NFL's Inspire Change initiative during Super Bowl LIX week in New Orleans. The initial forum, scheduled for February 4, 2025, will host 400 high school students and teachers from New Orleans' west side schools.
The company plans to expand these forums nationwide, partnering with various sports teams including the 49ers Foundations, Washington Commanders, and LA Clippers. The initiative features the Hour of Finance Challenge, a free interactive competition launching during Financial Literacy Month, focusing on credit, taxes, budgeting, and investments through the Intuit Prosperity Quest game.
Through Intuit for Education, the company aims to reach 50 million students by 2030, offering free financial literacy programs with over 150 hours of curriculum leveraging tools from TurboTax, QuickBooks, Credit Karma, and Mailchimp.
Intuit (INTU) has announced its upcoming annual stockholder meeting, scheduled to take place virtually on Thursday, January 23 at 8:00 AM Pacific time (11:00 AM Eastern time). During the meeting, CEO Sasan Goodarzi will present a review of the company's fiscal year 2024 results and outline the company's growth strategy. The meeting will be accessible via webcast on Intuit's investor relations website, with a replay available approximately 24 hours after the event concludes.
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