Intuit Inc. reported fiscal second-quarter 2026 revenue of $4.53 billion. This total represents a 15% increase over the same period last year. The performance exceeded analyst expectations for both revenue and earnings per share.
Intuit shares opened 3.48% higher on February 26. Growth was driven by the implementation of an AI-driven expert platform across TurboTax and QuickBooks. The company recently partnered with Anthropic to develop custom AI agents for its financial products.
Intuit is transitioning from a do-it-yourself software provider to an AI-native ecosystem. This strategic shift aims to capture additional market share and drive future growth. The company continues a consistent pattern of outperforming quarterly market forecasts.