INTU
Intuit Inc.669.35
+14.76+2.25%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q2 '26
Q&A defends moats, delays Mailchimp
Q&A forcefully rebutted AI disruption fears, with Sasan touting regulated moats and LLM partnerships where Intuit's data stays walled off and economics flow solely to Intuit. Sandeep flagged solid SMB health—hours worked up 4%, cash balances stable—underpinning GBSG durability amid mid-market acceleration. Tests reveal customers pay more for AI+HI bundles, unlocking pricing power and QuickBooks Live uptake. Mailchimp double-digits now eyed beyond FY2026, with all portfolio options tabled. Management stayed bullish. Moats prove unbreached by partners. Investors watch tax-season closeout and Mailchimp path.
Key Stats
Market Cap
186.35BP/E (TTM)
45.88Basic EPS (TTM)
14.59Dividend Yield
0.01%Recent Filings
8-K
Execs halt sales, boost buybacks
Intuit's founder and executive team terminated all pre-scheduled Rule 10b5-1 stock sales on March 16, 2026. They recommitted to accelerating share repurchases, targeting the remaining $3.5 billion authorization after $1.8 billion bought in fiscal first half—a 40% jump year-over-year. Leadership signals confidence. Macroeconomic uncertainty poses risks to execution.
8-K
Intuit Q2 revenue up 17%
10-Q
Q2 FY2026 results
Intuit crushed Q2 FY2026 ended January 31, 2026, with revenue jumping 17% y/y to $4.7B on service strength, operating income soaring 44% y/y to $855M, and diluted EPS climbing 49% y/y to $2.48 (reconciles to 280M shares). Global Business Solutions drove 68% of revenue, up 18% y/y from Online Ecosystem growth, while Consumer added 15% y/y via Credit Karma and TurboTax. Cash from operations hit $2.2B YTD; total debt $6.2B (senior notes/secured facilities) with covenant compliance. Solid liquidity at $3B cash/investments. Yet competition intensifies across fintech.
8-K
Intuit launches $5.8B tax refund revolver
8-K
Intuit elects directors, amends pay
Intuit's stockholders overwhelmingly elected its 11 director nominees on January 22, 2026, while rejecting a diversity ROI report proposal by a 228.9M to 1.8M vote. The board approved an amended non-employee director program, boosting annual RSU grants to $280,000 and cash retainers starting at $75,000, with added premiums for leads and committees. Ownership requires 10x the base retainer.
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