Intuit FY26 net income rises 18% to 4.57 billion; revenue increases 14% to 21.45 billion
Reuters2026/09/09 20:13- Intuit fiscal 2026 net income rose 18% to $ 4.57 billion as revenue climbed 14% to $ 21.45 billion.
- Diluted EPS increased 20% to $ 16.46; operating income advanced 20% to $ 5.88 billion.
- Global Business Solutions revenue grew 16% to $ 12.86 billion, driven by Online Ecosystem gains from QuickBooks Online Accounting, money, payroll.
- Consumer revenue rose 11% to $ 8.58 billion on Credit Karma strength; TurboTax grew on assisted tax, consumer money, offset by fewer federal units.
- Recorded a $ 293 million restructuring charge tied to a May 2026 reorganization plan; expects actions largely complete by Q1 fiscal 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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