Overview

• Intuit reported Q3 revenue of $7.75 billion, up 15% year-over-year, and adjusted EPS of $11.65, both surpassing analysts' estimates.
• The company raised its fiscal 2025 revenue forecast to $18.72–$18.76 billion and adjusted EPS guidance to $20.07–$20.12.
• Fourth-quarter revenue is projected between $3.72 billion and $3.76 billion, with adjusted EPS of $2.63–$2.68, both above Wall Street expectations.
• Intuit plans to integrate AI agents into its QuickBooks lineup, offering specialized options like accounting and finance agents with separate pricing.
• TurboTax Online units are expected to decline 1% in fiscal 2025, but paying users are projected to grow 6%, reflecting evolving user trends.