Intuit Reaffirms First-Quarter and Fiscal 2027 Guidance at Investor Day
Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, Mailchimp, Intuit Enterprise Suite, and Intuit Accountant Suite, reiterated its financial guidance for the first quarter and full year fiscal 2027 in conjunction with its Investor Day. The event is being held today at the company’s Mountain View, CA headquarters and begins at 8:00 a.m. PT.
“Intuit is creating the future of financial intelligence. With our AI-driven expert platform, we’re bringing together decades of trusted data, deep financial expertise, domain-specific AI models and a network of human experts to fuel the financial success of consumers, businesses, and accountants,” said Sasan Goodarzi, Intuit’s chairman and chief executive officer. “As we look ahead, we have a significant runway. Our strategy is fueling the company’s biggest growth drivers. We’re focused on scaling our Big Bets and accelerating new customer growth to build durable, long-term growth for years to come.” Intuit will discuss the company’s business strategy, latest product innovations, and how we drive durable growth in an evolving AI landscape. Hear from Intuit executives, including:
- Sasan Goodarzi, chairman and chief executive officer
- Sandeep Aujla, executive vice president, chief financial officer
- Alex Balazs, executive vice president, chief technology officer
- Ashley Still, executive vice president and general manager, Small Business & Mid-Market Group
- David Hahn, executive vice president and general manager, Services Group
- Mark Notarainni, executive vice president and general manager, Consumer Group
Reiterates First Quarter and Full Year Fiscal 2027 Guidance
Intuit reiterated first quarter and full year fiscal 2027 guidance, previously announced on Aug. 25, 2026.
Full Year Fiscal 2027 Guidance
| GAAP | Non-GAAP | |||
| FY27 | Change | FY27 | Change | |
| Total Revenue | $23,279 to $23,512 | 9% to 10% | ||
| Global Business Solutions | $13,068 to $13,158 | 13% to 14% | ||
| TurboTax | $5,377 to $5,453 | 2% to 3% | ||
| Credit Karma | $2,919 to $2,973 | 11% to 13% | ||
| ProTax | $659 to $662 | 2% | ||
| Consumer | $8,955 to $9,088 | 4% to 6% | ||
| Mailchimp | $1,256 to $1,266 | (1)% to 0% | ||
| Operating Income | $7,408 to $7,490 | 26% to 27% | $8,063 to $8,145(1) | 17% to 18% |
| Diluted Earnings Per Share | $20.12 to $20.36 | 22% to 24% | $22.88 to $23.12(1) | 23% to 24% |
| Dollars are in millions, except earnings per share. See “About Non-GAAP Financial Measures” below for more information regarding financial measures not prepared in accordance with Generally Accepted Accounting Principles (GAAP). | ||||
| (1) Non-GAAP operating income guidance includes $2,020 million from share-based compensation expense, and non-GAAP diluted earnings per share guidance includes a $5.81 impact from share-based compensation expense. | ||||
First Quarter Fiscal 2027 Guidance
| GAAP | Non-GAAP | |||
| Q1FY27 | Change | Q1FY27 | Change | |
| Total Revenue | $4,294 to $4,313 | 11% | ||
| Operating Income | $716 to $729 | 34% to 37% | $902 to $915(1) | 26% to 28% |
| Diluted Earnings Per Share | $1.71 to $1.75 | 8% to 10% | $2.44 to $2.48(1) | 30% to 33% |
| Dollars are in millions, except earnings per share. See “About Non-GAAP Financial Measures” below for more information regarding financial measures not prepared in accordance with Generally Accepted Accounting Principles (GAAP). | ||||
| (1) Non-GAAP operating income guidance includes $521 million from share-based compensation expense, and non-GAAP diluted earnings per share guidance includes a $1.48 impact from share-based compensation expense. | ||||
Investor Day: How to Participate
The half-day event can be viewed live at https://investors.intuit.com/news-events. A replay will be available on Intuit’s Investor Relations website a few hours after the event ends.
About Intuit
Intuit is the global financial technology platform that powers prosperity for the consumers, businesses and accountants we serve, with products including TurboTax, Credit Karma, QuickBooks, Mailchimp, Intuit Enterprise Suite and Intuit Accountant Suite. Intuit’s financial intelligence brings together decades of trusted data, deep financial expertise, AI, and human experts to help customers at every stage of their financial journey. This puts more money in their pockets, saves time by reducing manual work, and ensures they have complete confidence in every financial decision. For more information, visit Intuit.com.
About Non-GAAP Financial Measures
This press release and the accompanying tables include non-GAAP financial measures. For a description of these non-GAAP financial measures, including the reasons management uses each measure, and reconciliations of these non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with Generally Accepted Accounting Principles, please see the section of the accompanying tables titled “About Non-GAAP Financial Measures” as well as the related Table 1. A copy of the press release issued by Intuit today can be found on the investor relations page of Intuit’s website.
