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Intuit Shares Plunge Despite Strong Revenue Growth

8/22/2025

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Summary

Story summary

Intuit's shares dropped 5.5% following a 16% revenue increase to $18.8 billion for FY25.
Concerns arose over the FY26 revenue forecast of $20.997 billion to $21.186 billion and GAAP EPS of $15.49 to $15.69.
The board approved a $3.2 billion share buyback, raising total repurchase authorization to $5.3 billion.

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Story summary

Intuit's shares dropped 5.5% following a 16% revenue increase to $18.8 billion for FY25.
Concerns arose over the FY26 revenue forecast of $20.997 billion to $21.186 billion and GAAP EPS of $15.49 to $15.69.
The board approved a $3.2 billion share buyback, raising total repurchase authorization to $5.3 billion.