Intuit Beats Q3 Estimates on TurboTax, Credit Karma Growth, Raises Guidance
Intuit beat Wall Street estimates for fiscal Q3 2026, fueled by strong growth in TurboTax, Credit Karma, and QuickBooks Online. The company also raised its full-year fiscal 2026 guidance.
Key Numbers
Intuit Inc. (NASDAQ: INTU) reported fiscal third-quarter 2026 results that exceeded analyst expectations, driven by robust growth in its TurboTax, Credit Karma, and QuickBooks Online platforms. The company also raised its full-year fiscal 2026 guidance, signaling confidence in sustained momentum.
Key Financial Results
| Metric | Q3 2026 | Estimates | YoY Change |
|---|---|---|---|
| Revenue | Not disclosed | Not disclosed | Growth |
| Net Income | Not disclosed | Not disclosed | Growth |
| EPS | Not disclosed | Beat | Growth |
Note: Specific revenue or profit figures were not provided in the source.
Highlights from the Release
Intuit attributed the strong performance to:
- TurboTax: Growth in users and revenue during the tax filing season.
- Credit Karma: Increased user engagement and advertising revenue.
- QuickBooks Online: Expansion of the subscriber base for cloud-based accounting solutions.
Future Guidance
Intuit raised its full-year fiscal 2026 guidance, forecasting higher revenue and earnings than previously expected. This reflects management's optimism about continued growth in the second half of the year.
Stock Impact
The source did not mention an immediate stock reaction, but earnings beats and guidance raises are typically viewed positively by investors.
What This Means for Investors
Intuit's strong results reinforce its leadership in financial and tax software. The raised guidance boosts confidence in the company's ability to deliver sustainable growth, though investors should monitor competitive dynamics and regulatory changes in the sector.
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