Intuit earnings date and guidance
Intuit's next results are expected on November 19, 2026. Watch whether customer growth is genuine rather than driven by price, upgrades and accounting changes.
What has Intuit guided for fiscal 2027?
Fiscal 2027 revenue guidance is $23,279–$23,512 million. That represents growth of 9.0%–10.0%, below fiscal 2026’s 14%. Global Business Solutions, which includes QuickBooks, is expected to grow 13.0%–14.0%. TurboTax is guided to 2.0%–3.0% growth, Credit Karma to 11.0%–13.0%, and Mailchimp to decline by 1.0% or remain flat.
Operating income is guided to grow 26.0%–27.0%, reaching a margin of about 32%. This is operating leverage: revenue grows, but costs grow more slowly. Imagine revenue rising by 10% while costs rise by less. Profit can then rise by 20%. The plan works only if savings are real and customer investment produces lasting revenue.
| The period guided | Low | High | The date it was given | |
|---|---|---|---|---|
| Total Revenue | Year to Jul 2027 | 23,279 | 23,512 | Sep 17, 2026 |
| Total Revenue growth | Year to Jul 2027 | 9.0% | 10.0% | Sep 17, 2026 |
| Global Business Solutions | Year to Jul 2027 | 13,068 | 13,158 | Sep 17, 2026 |
| Global Business Solutions growth | Year to Jul 2027 | 13.0% | 14.0% | Sep 17, 2026 |
| Operating Income | Year to Jul 2027 | 7,408 | 7,490 | Sep 17, 2026 |
| Operating Income growth | Year to Jul 2027 | 26.0% | 27.0% | Sep 17, 2026 |
| Total Revenue | Quarter to Oct 2026 | 4,294 | 4,313 | Sep 17, 2026 |
| Total Revenue growth | Quarter to Oct 2026 | 11.0% | 11.0% | Sep 17, 2026 |
| Operating Income | Quarter to Oct 2026 | 716 | 729 | Sep 17, 2026 |
| Operating Income growth | Quarter to Oct 2026 | 34.0% | 37.0% | Sep 17, 2026 |
Has Intuit kept its past promises?
From August 2026, Intuit began including stock compensation in its adjusted financial measures. But its July 2024 expectation of growing headcount deserves scrutiny beside the May 2026 announcement of a 17% workforce reduction. The overall record is mixed: management has expertise and performance mechanisms, but owners must judge whether the AI bet, board oversight, insider behavior and changing promises ultimately serve them.
How have Intuit's revenue and profit trended?
Revenue grew 13.7% year over year. Gross margin improved from 76.7% to 78.1%, and operating income rose from $339 million to $475 million. Net income and diluted EPS nevertheless fell, so the layers of the accounts were moving in different directions.
| Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,354 | 8,558 | 4,651 | 3,885 | 3,831 | 7,754 | 3,963 | 3,283 |
| Gross margin | 78.1% | 83.9% | 77.6% | 77.3% | 76.7% | 84.6% | 76.4% | 74.9% |
| Operating income | 475 | 4,020 | 855 | 534 | 339 | 3,720 | 593 | 271 |
| Net income | 363 | 3,064 | 693 | 446 | 381 | 2,820 | 471 | 197 |
| EPS, diluted | 1.34 | 11.09 | 2.48 | 1.59 | 1.35 | 10.02 | 1.67 | 0.70 |
| = Free cash flow | 1,258 | 5,236 | 1,524 | 599 | 356 | 4,360 | 1,038 | 329 |
What this means. The jump in cash from operations and free cash flow for the year ending July 2026 was partly caused by paying less tax after a change in tax law, not just by stronger business performance.
What should you watch in Intuit's next results?
The first checkpoint is the quarter ending October 2026, with reporting estimated for November 19. Management guides quarterly revenue to $4,294–$4,313 million. Adjusted earnings per share is guided to $2.44–$2.48. This is also the first quarter with the new compensation treatment and separate Mailchimp reporting, so comparability matters.