INTUIT INC. earnings

Intuit reported fourth-quarter revenue of $4.35 billion, up 13.7% from the prior-year quarter. Operating income rose 40.1% to $475 million. Net income fell 4.7% to $363 million. Operating margin expanded to 10.9% from 8.8%. Operating cash flow for the quarter was $1.33 billion, up 249.3%.

Intuit's fiscal 2026 third quarter, which ended April 30, 2026, delivered revenue of $8.56 billion, up 10.4 percent from the prior-year quarter. Revenue for the first nine months was $17.09 billion, up 14.0 percent.

Intuit reported fiscal 2026 second-quarter total revenue of $4.65 billion, up 17.4% from the prior-year quarter. Year-to-date revenue reached $8.54 billion, up 17.8% from the same period a year earlier.

Intuit opened fiscal 2026 with a sharp acceleration in profitability. Total revenue for the first quarter ended October 31, 2025 reached $3.885 billion, up 18.3% from the prior-year quarter. GAAP operating income climbed to $534 million, up 97%. Net income rose to $446 million, up 126.4%.

Intuit closed fiscal 2025 with a fourth quarter that swung back to profitability on both the operating and net lines. Revenue for the quarter ended July 31, 2025 rose 20.3 percent to $3.83 billion. Operating income was $339 million, a swing to profit from an operating loss of $151 million in the prior-year quarter.

Intuit reported total revenue of $7.75 billion for the fiscal 2025 third quarter, up 15.1% from the prior-year quarter. GAAP operating income rose 19.8% to $3.72 billion. Net income increased 18.0% to $2.82 billion. Diluted EPS was $10.02, up 19.0%.

Intuit's fiscal 2025 second quarter delivered broad growth. Total revenue rose 17.0% to $3.96 billion from $3.39 billion in the prior-year quarter. GAAP operating income climbed 60.7% to $593 million, and net income rose 33.4% to $471 million. Diluted earnings per share reached $1.67, up 33.6% from $1.25.

Intuit's first quarter of fiscal 2025 brought revenue of $3.28 billion, up 10.2% from the prior-year quarter. Growth leaned on the Global Business Solutions and Credit Karma segments. Global Business Solutions revenue rose 9%, and Online Ecosystem revenue within it climbed 20%.

Intuit closed fiscal 2024 with $16.28 billion in revenue, up 13.3% from the prior year. The fourth quarter alone produced $3.18 billion in revenue. Full-year GAAP operating income rose 15.6% to $3.63 billion, and net income rose 24.3% to $2.96 billion. Diluted earnings per share for the year were $10.43, up 23.9%.

Intuit closed its fiscal third quarter, ended April 30, 2024, with revenue of $6.7 billion and $13.1 billion for the first nine months. Operating income reached $3.10 billion in the quarter, up 11.8 percent, and $3.78 billion for the nine months, up 21.0 percent.

Intuit closed the second quarter of fiscal 2024, ended January 31, 2024, with total revenue of $3.39 billion, up 11 percent from the prior-year quarter. GAAP operating income rose to $369 million from $270 million, a 37 percent increase.

Intuit reported first quarter fiscal 2024 results on November 28, 2023. Total revenue was $2.98 billion for the quarter ended October 31, 2023. Operating income reached $307 million, up 304% from the prior-year quarter. Net income was $241 million, up 503%. Diluted earnings per share came in at $0.85, up 507%.

Intuit closed fiscal 2023 with full-year revenue of $14.37 billion, up 12.9%. GAAP operating income was $3.14 billion, up 22.2%, and GAAP net income was $2.38 billion, up 15.4%. Diluted GAAP earnings per share came in at $8.42, up 15.7%. Operating cash flow for the full year was $5.05 billion, up 29.8%.

Intuit reported third quarter fiscal 2023 results for the period ended April 30, 2023. Total revenue was $6.02 billion, up 6.9% from the prior-year quarter. Operating income was $2.78 billion, up 16.0%. Net income was $2.09 billion, up 16.3%. Diluted earnings per share was $7.38, up $1.10 or 17.5%.

Intuit reported total revenue of $3,041 million for the second quarter of fiscal 2023, up 14 percent from the prior-year quarter. Operating income was $270 million, up 382 percent. Net income was $168 million, up 68 percent. Diluted earnings per share was $0.60, up 71 percent.

Intuit's fiscal 2023 first quarter, ended October 31, 2022, paired strong revenue growth with a sharp decline in profitability. Revenue rose 29.4% to $2,597 million. Operating income fell 61.0% to $76 million. Net income fell 82.5% to $40 million. Diluted earnings per share fell 82.9% to $0.14.

Intuit closed fiscal 2022 with full-year revenue of $12.73 billion, up 32.1 percent from the prior year. The addition of Mailchimp and growth in the Small Business & Self-Employed Online Ecosystem drove the top line. Full-year operating income was $2.57 billion, up 2.8 percent.

Intuit reported third-quarter fiscal 2022 revenue of $5.63 billion, up 35 percent from the prior-year quarter. Operating income rose 25.1 percent to $2.40 billion. Net income increased 22.5 percent to $1.79 billion. Diluted earnings per share came in at $6.28, up 18.5 percent.

Intuit reported revenue of $2.67 billion for the second quarter of fiscal 2022, up 69.6% from the prior-year quarter. Operating income swung to a profit of $56 million from a loss of $25 million a year earlier, and operating margin improved to 2.1% from negative 1.6%.

Intuit opened fiscal 2022 with a sharp revenue increase and thinner margins. Revenue for the first quarter, which ended Oct. 31, 2021, was $2.01 billion, up from $1.32 billion a year earlier, a gain of 51.7 percent that includes Credit Karma, acquired in the second quarter of fiscal 2021.

Intuit closed fiscal 2021 with strong full-year growth but a softer fourth quarter on a GAAP basis. Full-year revenue rose 25.4% to $9.63 billion, with the press release noting that 11 points of that growth came from the addition of Credit Karma.

Intuit closed the third quarter of fiscal 2021 with total net revenue of $4.17 billion, up 39% from the prior-year quarter. Year-to-date revenue reached $7.07 billion, up 20.6% from the same period of fiscal 2020.

Intuit's fiscal 2021 second quarter was a tax season story. Total revenue fell 7.1% to $1.58 billion. The IRS began accepting and processing returns on February 12, 2021, versus January 27, 2020 a year earlier, and the later start pushed Consumer segment revenue down 56% for the first six months.

Intuit opened fiscal 2021 with GAAP revenue of $1.32 billion, up 13.6 percent from the prior-year quarter, as the Small Business and Self-Employed Group carried the period. Operating income rose to $209 million from $10 million a year earlier, and operating margin moved up to 15.8% from 0.9%.