Global Finance News
28 Feb 2026, 15:07
Intuit Inc. reported second-quarter fiscal 2026 revenue of $4.7 billion, up 17% year over year, and reiterated its full-year guidance, citing strong momentum across its AI-driven platforms.
GAAP operating income rose 44% to $855 million, while non-GAAP operating income increased 23% to $1.5 billion. GAAP diluted earnings per share climbed 49% to $2.48, and non-GAAP EPS grew 25% to $4.15. Global Business Solutions revenue rose 18% to $3.2 billion, with Online Ecosystem revenue up 21%. Consumer revenue increased 15% to $1.5 billion, driven by 23% growth at Credit Karma and 12% growth at TurboTax.
Intuit repurchased $961 million of stock during the quarter and raised its quarterly dividend 15% to $1.20 per share. The company reaffirmed full-year fiscal 2026 revenue guidance of $20.997 billion to $21.186 billion, representing growth of approximately 12% to 13%, alongside double-digit earnings growth expectations.
Source: Intuit Inc, Business Wire, February 26, 2026.
GAAP operating income rose 44% to $855 million, while non-GAAP operating income increased 23% to $1.5 billion. GAAP diluted earnings per share climbed 49% to $2.48, and non-GAAP EPS grew 25% to $4.15. Global Business Solutions revenue rose 18% to $3.2 billion, with Online Ecosystem revenue up 21%. Consumer revenue increased 15% to $1.5 billion, driven by 23% growth at Credit Karma and 12% growth at TurboTax.
Intuit repurchased $961 million of stock during the quarter and raised its quarterly dividend 15% to $1.20 per share. The company reaffirmed full-year fiscal 2026 revenue guidance of $20.997 billion to $21.186 billion, representing growth of approximately 12% to 13%, alongside double-digit earnings growth expectations.
Source: Intuit Inc, Business Wire, February 26, 2026.