INTUIT INC. SEC Filings

INTUIT INC. executive vice president Anton Hanebrink reported routine equity compensation activity involving restricted stock units that settled into common shares. On April 1, 2026, he exercised RSUs to acquire a total of 824 shares of common stock at a conversion price of $0.00 per share.

On the same date, 418.253 shares of common stock valued at $432.38 per share were withheld to cover tax obligations, which is recorded as a disposition but not an open-market sale. After these transactions, Hanebrink directly held 30,010.996 shares of Intuit common stock, including 38.384 shares previously acquired through the company’s employee stock purchase plan.

Intuit EVP and CFO Sandeep Aujla reported routine equity compensation activity. On April 1, 2026, he exercised restricted stock units that converted into 3,360 shares of Intuit common stock. These conversions carried a stated exercise price of $0.00 per share, reflecting non-cash RSU vesting rather than an open-market purchase.

To cover tax obligations on the vesting, 1,725.362 shares of common stock were withheld at a fair market value of $432.38 per share, classified as a tax-withholding disposition rather than a market sale. Following these transactions, Aujla directly held 2,208.7746 Intuit shares, which includes 38.384 shares previously acquired through the Intuit Employee Stock Purchase Plan as of mid-March 2026.

Intuit Inc: The Vanguard Group filed Amendment No. 11 to a Schedule 13G/A reporting beneficial ownership of 0 shares (0%) of Intuit common stock. The filing explains an internal realignment effective January 12, 2026 under SEC Release No. 34-39538, with certain Vanguard subsidiaries now reporting separately. The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.

Intuit Inc. outlined two key capital-markets updates. The company’s founder and executive leadership team terminated all of their outstanding pre-scheduled stock sale plans established under Rule 10b5-1. Intuit also reiterated its intent to substantially accelerate share repurchases under its existing share repurchase plan.

As of January 31, 2026, up to $3.5 billion remained available under the board authorization for repurchases. In the first half of its fiscal year, Intuit repurchased $1.8 billion of its shares, a 40% increase compared to the prior year. Management included forward-looking statements on future repurchases, dividends, growth, financial results, prospects for fiscal 2026 and beyond, and innovation, along with an extensive list of business, regulatory, macroeconomic, and cybersecurity risks that could cause actual results to differ.

INTUIT INC. director Richard L. Dalzell reported a series of small open-market stock sales executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 25, 2025. He sold a total of 999 shares of Intuit common stock over three consecutive days.

The transactions occurred on March 10, 11, and 12, 2026, with 333 shares sold each day at prices of approximately $474.01, $458.10, and $440.40 per share. Following these sales, Dalzell continues to hold 13,253 shares of Intuit common stock directly.

Richard L. Dalzell submitted a Form 144 notice listing 1,332 shares of Common Stock for proposed sale. The filing notes prior 10b5-1 sales during the past three months, including 333 shares sold on 12/11/2025 for $219,763.35.

Intuit Inc. reported strong quarterly growth for the three months ended January 31, 2026. Total net revenue rose to $4,651 million from $3,963 million, driven by higher service revenue. Net income increased to $693 million from $471 million, with diluted EPS up to $2.48 from $1.67.

Operating income improved to $855 million from $593 million, and operating cash flow for the first six months grew to $2,207 million from $1,431 million. Cash, cash equivalents and restricted cash totaled $6,783 million at period end. Intuit continued returning capital, repurchasing $1.8 billion of stock and paying $684 million in dividends over six months.

The Global Business Solutions segment delivered revenue of $3,164 million versus $2,671 million, while the Consumer segment increased to $1,487 million from $1,292 million. Intuit also expanded and refreshed multiple secured and unsecured credit facilities to support its lending products and seasonal funding needs while remaining in compliance with debt covenants.

Intuit reported a strong second quarter of fiscal 2026 with broad-based growth and higher profitability. Revenue rose 17% year over year to $4.651 billion, while GAAP operating income increased 44% to $855 million. GAAP diluted earnings per share climbed 49% to $2.48, and non-GAAP diluted EPS grew 25% to $4.15.

Global Business Solutions revenue reached $3.2 billion, up 18%, including 21% growth in Online Ecosystem revenue. Consumer revenue grew 15% to $1.5 billion, with Credit Karma up 23% to $616 million and TurboTax up 12% to $581 million. Management highlighted strong execution and reiterated full-year 2026 guidance for double-digit revenue and earnings growth.

The board approved a quarterly cash dividend of $1.20 per share, a 15% increase from the prior year, payable April 17, 2026 to shareholders of record on April 9, 2026. Intuit also repurchased $961 million of stock in the quarter and ended January 31, 2026 with approximately $3.0 billion in cash and investments and $6.2 billion in debt.

Intuit Inc. entered into a new unsecured short-term revolving credit facility providing up to $5.8 billion, scheduled to mature on March 31, 2026. The facility may be used only to support Intuit’s early tax refund offering, which advances funds to eligible customers shortly before IRS refund settlement.

Borrowings can be made, repaid, and reborrowed during the term, with interest based on SOFR plus 0.875% per year or a base rate with no additional margin. Intuit will also pay a 0.07% annual commitment fee on unused amounts. The agreement includes a maximum consolidated leverage ratio and other customary covenants, and no amounts have been drawn so far.