Intuit announces Q1 results, board changes and $1.20 cash dividend

Rhea-AI Filing Summary

Intuit Inc.

The Board of Directors appointed Adena Friedman and Bill McDermott as directors of Intuit, with their service to begin on August 1, 2026 to accommodate existing commitments. Each is expected to receive non-employee director compensation under Intuit’s current program, including a restricted stock unit grant with a grant date fair value of approximately $116,667 on August 3, 2026.

Intuit also announced that the Board approved a cash dividend of $1.20 per share

Insights

Equity & corporate governance analyst

Intuit reports quarterly results, adds two directors, and declares a $1.20 dividend.

Intuit has released financial results for the quarter ended October 31, 2025, along with forward-looking guidance, via a furnished press release. While this filing does not show specific revenue or profit figures, it confirms that updated performance metrics and outlook are available to the market, which helps align expectations with the company’s current operating trends.

The Board appointed Adena Friedman and Bill McDermott as directors, with effectiveness on August 1, 2026 to reflect their existing professional obligations. Each is scheduled to receive non-employee director pay consistent with peers, including restricted stock units with a grant date fair value of about $116,667 on August 3, 2026, signaling a standard equity-based alignment with shareholders.

The company also announced a cash dividend of $1.20 per share, payable on January 16, 2026 to shareholders of record on January 9, 2026. This confirms continued cash returns to shareholders, though future dividend levels and timing remain subject to Board decisions, as explicitly noted.

11/20/2025 - 04:01 PM

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 20, 2025

INTUIT INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware

000-21180

77-0034661

(State or other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

2700 Coast Avenue, Mountain View, CA 94043

(Address of principal executive offices, including zip code)

(650) 944-6000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol

Name of Exchange on Which Registered

Common Stock, $0.01 par value

INTU

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On November 20, 2025, Intuit Inc. (the "Company") announced its financial results for the fiscal quarter ended October 31, 2025 and provided forward-looking guidance. A copy of the press release is attached to this Report as Exhibit 99.01.

The information in this Item 2.02 and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly stated by specific reference in such filing.

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On November 18, 2025, the Board of Directors (the “Board”) of the Company appointed each of Adena Friedman and Bill McDermott as a director of the Company, effective August 1, 2026. The appointments of Ms. Friedman and Mr. McDermott will be effective August 1, 2026 to accommodate their pre-existing professional obligations.

Each of Ms. Friedman and Mr. McDermott will receive compensation for services as a non-employee director of the Company consistent with the compensation generally provided to other non-employee directors of the Company. Under the current compensation program for non-employee directors, this compensation includes a grant of restricted stock units with a grant date fair value of approximately $116,667 on August 3, 2026. The compensation of the Company’s non-employee directors is determined by the Board and disclosed in the Company's 2024 proxy statement, which was filed with the Securities and Exchange Commission on November 27, 2024. With respect to each of Ms. Friedman and Mr. McDermott, there are no arrangements or understandings between the new director and any other person pursuant to which they were selected as a director, and there are no transactions involving the Company and the new director that the Company would be required to report pursuant to Item 404(a) of Regulation S-K.

ITEM 8.01 OTHER EVENTS.

On November 20, 2025, the Company also announced that the Board approved a cash dividend of $1.20 per share. The cash dividend will be paid on January 16, 2026 to shareholders of record as of the close of business on January 9, 2026. Future declarations of dividends and the establishment of future record dates and payment dates are subject to the final determination of the Board. A copy of the press release announcing the cash dividend is furnished as Exhibit 99.01 to this Report.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

99.01						Press release issued on November 20, 2025 reporting financial results for the quarter ended October 31, 2025 and announcing the cash dividend.*
104						Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)

* This exhibit is intended to be furnished and shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:

November 20, 2025

INTUIT INC.

By:

/s/ Sandeep S. Aujla

Sandeep S. Aujla

Executive Vice President and Chief Financial Officer

FAQ

What did Intuit Inc. (INTU) announce about its latest quarterly results?

Intuit Inc. announced its financial results for the fiscal quarter ended October 31, 2025Exhibit 99.01

Which new directors are joining Intuit Inc. (INTU) and when will they start?

Intuit’s Board appointed Adena Friedman and Bill McDermott as directors. Their appointments will become effective on August 1, 2026 to accommodate their pre-existing professional obligations.

How will the new Intuit (INTU) directors be compensated?

Adena Friedman and Bill McDermott will receive compensation consistent with Intuit’s other non-employee directors. Under the current program, this includes a grant of restricted stock units with a grant date fair value of approximately $116,667 scheduled for August 3, 2026, along with other standard non-employee director compensation.

What dividend did Intuit Inc. (INTU) declare and when will it be paid?

The Board approved a cash dividend of $1.20 per share. It will be paid on January 16, 2026 to shareholders of record as of the close of business on January 9, 2026.

Are future Intuit (INTU) dividends guaranteed at the $1.20 per share level?

No. The company stated that future dividend declarations and the setting of record and payment dates are subject to the final determination of the Board of Directors.

Where can investors find the full details of Intuit’s Q1 2026 results and dividend announcement?

Full details are included in the company’s press release furnished as Exhibit 99.01 to this Form 8-K, which covers financial results for the quarter ended October 31, 2025 and the $1.20 per share cash dividend.