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Intuit Beats Estimates With $4.03 Non-GAAP EPS in Q4

8/26/2026

50 11 Full Breakdown

Summary

Intuit Beats Forecast

Intuit Inc. posted fiscal 2026 Q4 non-GAAP EPS of $4.03, beating the $3.59 estimate.
The company reported Q4 revenue of $4.35 billion, surpassing the $4.28 billion consensus.
Full-year fiscal 2026 revenue reached $21.4 billion, a 14% year-over-year increase.
Intuit guided FY2027 revenue to $23.279-$23.512 billion, prompting a 4% stock decline.
Mid-market revenues grew 39% in FY2026 and Enterprise Suite revenue exceeded $145 million.

Summary

Intuit Cuts Jobs

Intuit cut roughly 3,000 jobs, about 17% of its global workforce, in May 2026.
Intuit raised its quarterly dividend 15% to $1.38 per share.
Share-based compensation now appears in non-GAAP metrics, adding a $5.81 per-share expense.
Mailchimp will be reported as a separate segment starting fiscal 2027.
JPMorgan and Bank of America downgraded Intuit to Neutral, cutting target prices to $331 and $360.

History

Historical Context

Intuit was founded in 1983 by Scott Cook and Tom Proulx in Palo Alto. It went public on March 12, 1993, using proceeds to buy tax-software maker Chipsoft, beginning a pattern of growth through acquisitions such as Credit Karma (2020) and Mailchimp (2021). By May 2026 the firm announced a 17% workforce reduction, echoing earlier cycles of scaling and cost tightening.

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Intuit Beats Forecast

Intuit Inc. posted fiscal 2026 Q4 non-GAAP EPS of $4.03, beating the $3.59 estimate.
The company reported Q4 revenue of $4.35 billion, surpassing the $4.28 billion consensus.
Full-year fiscal 2026 revenue reached $21.4 billion, a 14% year-over-year increase.
Intuit guided FY2027 revenue to $23.279-$23.512 billion, prompting a 4% stock decline.
Mid-market revenues grew 39% in FY2026 and Enterprise Suite revenue exceeded $145 million.

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