{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Earnings Debate","title":"Intuit Inc. (INTU) Announced Q4 2026 Earnings on August 25, 2026, Reporting \"revenue of $4.4 billion, up 14%\"","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/3c3cd8b0\"></iframe>","width":"100%","height":180,"duration":1197,"description":"Intuit Inc. reported solid financial results for the fourth quarter and full fiscal year 2026.\nFor the fourth quarter, total company revenue was 4.4 billion dollars, representing an increase of 14 percent year-over-year. GAAP operating income for the quarter was 475 million dollars compared to 339 million dollars in the prior year period, and non-GAAP operating income was 1.4 billion dollars, up 43 percent. GAAP diluted earnings per share was 1.34 dollars, down slightly from 1.35 dollars last year, while non-GAAP diluted earnings per share grew 47 percent to 4.03 dollars.\nFor the full fiscal year 2026, total company revenue grew 14 percent, with both GAAP and non-GAAP diluted earnings per share expanding by 20 percent.\nWithin its business segments, Global Business Solutions revenue grew 16 percent for the year, and Consumer segment revenue grew 11 percent, driven by a 37 percent full-year increase in TurboTax Live revenue.\nCredit Karma full-year revenue increased 20 percent, while Mailchimp revenue for the fourth quarter was down slightly year-over-year.In terms of strategic direction, CEO Sasan Goodarzi highlighted that while the company's big bets of assisted tax, money, and mid-market collectively grew 34 percent to represent 30 percent of total revenue, there is an urgent need to accelerate customer acquisition.\nTotal online paying customers grew 3 percent year-over-year, which represents a deceleration. In response, Intuit is shifting its execution and investments to focus on direct new-to-the-franchise customer growth. To address the consumer tax segment, where Intuit lost quality do-it-yourself (DIY) customers to low-cost alternatives, the company is deliberately adjusting its DIY pricing strategy and accepting lower initial DIY average revenue per customer to rebuild its funnel.\nOperationally, Intuit is making two major reporting changes effective August 1, 2026: Mailchimp will be managed as a separate reportable segment, and share-based compensation...","thumbnail_url":"https://img.transistorcdn.com/xJuh_6koFF8CKKFzV-oIB_PzOA86GyxN802qWUMHjC4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80ODli/Mjg2OGQ5YjVkMzU2/Yjg0NzMxNTJiZGRj/NzFjOC5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}