Overview

• Intuit projected first‑quarter revenue growth of 14% to 15% versus about 16.1% expected, with adjusted EPS of $3.05 to $3.12.
• Management flagged Mailchimp as a near‑term drag on growth, and U.S. TurboTax units fell 2% to 39.2 million due to lower‑ARPR customers.
• Excluding Mailchimp, Global Business Solutions would have grown 21% and the Online Ecosystem 26%, outpacing reported growth rates.
• Full‑year fiscal 2026 guidance of $21.0 billion to $21.19 billion in revenue and $22.98 to $23.18 in adjusted EPS was broadly in line with estimates.
• Fourth‑quarter results topped forecasts with revenue up 20% to $3.83 billion and adjusted EPS of $2.75, as the board added a $3.2 billion buyback to bring total authorization to $5.3 billion and the stock fell roughly 6% to 7% after the update.