Intuit sees FY27 revenue growth nearly halving pace from fiscal 2026 as restructuring charge, Mailchimp weakness weigh

Intuit

25/08/2026 21:11

Overview
US financial software firm's Q4 revenue grew 14%, beating analyst expectations
Adjusted EPS for Q4 beat consensus
Q4 operating income and pretax profit missed analyst estimates
Shares of the company were down about 4% in extended trading

Outlook
Intuit sees full-year fiscal 2027 revenue of $23.28 bln to $23.51 bln, up 9%-10%, down sharply from fiscal 2026's 14% pace
Company expects fiscal 2027 diluted EPS of $20.12 to $20.36
Intuit forecasts Q1 fiscal 2027 revenue of $4.29 bln to $4.31 bln, up 11%

Result Drivers
BIG BETS INITIATIVES - Co said its 'Big Bets' products and platforms grew 34% and drove overall revenue growth, per CEO Sasan Goodarzi
SEGMENT GROWTH - Global Business Solutions and Online Ecosystem segments saw double-digit revenue increases, with QuickBooks Online Accounting up 20% in Q4 due to higher prices, customer growth, and mix shift
CREDIT KARMA PERFORMANCE - Credit Karma revenue rose 16% in Q4, driven by strength in personal loans, auto insurance, and credit cards
RESTRUCTURING DRAG - A $293 million Q4 restructuring charge reduced operating income

Company press release: ID:nBw9JLvdla

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$4.35 bln
$4.27 bln (24 Analysts)
Q4 Adjusted EPS
Beat
$4.03
$3.58 (25 Analysts)
Q4 EPS
 
$1.34
 
Q4 Net Income
 
$363 mln
 
Q4 Operating Income
Miss
$475 mln
$1.30 bln (23 Analysts)
Q4 Pretax Profit
Miss
$540 mln
$1.30 bln (16 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 12 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the financial technology (fintech) peer group is "buy"
Wall Street's median 12-month price target for Intuit Inc. is $425.00, about 14.9% above its August 24 closing price of $369.92
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)