Intuit posted second-quarter FY2026 results (ended Jan. 31) with revenue of USD 4.7 billion, up 17%. GAAP operating income was USD 855 million, up 44%, and non-GAAP operating income was USD 1.5 billion, up 23%. GAAP diluted EPS was USD 2.48, up 49%, and non-GAAP diluted EPS was USD 4.15, up 25%. By segment, Global Business Solutions revenue was USD 3.2 billion, up 18%, with Online Ecosystem revenue of USD 2.5 billion, up 21%. Consumer revenue was USD 1.5 billion, up 15%, including Credit Karma revenue of USD 616 million, up 23%, and TurboTax revenue of USD 581 million, up 12%. Intuit repurchased USD 961 million of stock in Q2 and said USD 3.5 billion remains under its authorization. The board approved a quarterly dividend of USD 1.20 per share (payable April 17, 2026), a 15% increase. The company reiterated FY2026 guidance, including revenue of USD 21.0 billion to USD 21.2 billion (up about 12% to 13%), and provided Q3 FY2026 guidance for about 10% revenue growth, GAAP diluted EPS of USD 10.56 to USD 10.62, and non-GAAP diluted EPS of USD 12.45 to USD 12.51. Intuit also disclosed a USD 5.8 billion unsecured revolving credit facility entered Jan. 30, 2026 to fund a portion of its TurboTax early tax refund offering, which was terminated effective Feb. 26, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intuit Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602261600BIZWIRE_USPR_____20260226_BW356943) on February 26, 2026, and is solely responsible for the information contained therein.