Intuit Inc. reported second-quarter revenue of $4.65 billion for fiscal 2026, representing a 17% year-over-year increase. Adjusted earnings per share reached $4.15, surpassing analyst estimates. Growth was primarily driven by the QuickBooks and Credit Karma platforms.
The company issued a third-quarter adjusted earnings forecast between $12.45 and $12.51 per share. This guidance falls below the $12.97 consensus estimate for the peak U.S. tax season. Intuit attributed the lower profit outlook to a strategic shift in marketing expenditures into the third quarter to accelerate customer acquisition.
Intuit shares declined approximately 4% to 5% in after-hours and pre-market trading following the announcement. The soft quarterly forecast overshadowed the second-quarter earnings beat. The company maintained its full-year financial guidance for fiscal 2026.