Intuit Q2 Revenues Jump 17% to $4.65B, EPS Rises 25%
Intuit posted Q2 fiscal 2026 revenues of $4.65 billion, up 17% year over year, and non-GAAP EPS of $4.15, up 25%. Global Business Solutions revenues climbed 18% to $3.2 billion, Consumer segment reached $1.5 billion with a 15% gain, and board approved 15% dividend increase and $961 million share buyback.
1. Q2 Fiscal 2026 Results
Intuit delivered Q2 fiscal 2026 revenues of $4.65 billion, a 17% year-over-year increase, while non-GAAP operating income rose 23% to $1.55 billion and non-GAAP EPS climbed 25% to $4.15. Global Business Solutions revenues reached $3.2 billion, up 18%, Online Ecosystem revenues grew 21%, and the Consumer segment generated $1.5 billion, up 15%.
2. Dividend and Share Repurchase
The board approved a quarterly dividend of $1.20 per share, a 15% increase over last year’s payout, payable April 17, 2026. In Q2 the company repurchased $961 million of its stock and plans to accelerate buybacks given confidence in its growth momentum.
3. Fiscal 2026 Guidance
Intuit maintained its full-year fiscal 2026 guidance, targeting revenues of $20.997–$21.186 billion (12–13% growth) and non-GAAP EPS of $22.98–$23.18 (14–15% growth). Global Business Solutions is expected to grow 14–15%, while the Consumer segment forecasts 8–9% revenue gains, including 10–13% Credit Karma growth.
4. Growth Strategies
Intuit’s expansion is driven by AI-powered “done-for-you” experiences, money-centric services and a disruptive AI-native ERP platform aimed at mid-market customers. These initiatives target a $300 billion total addressable market in tax, accounting and consumer finance, where Intuit holds roughly 6% penetration.