INTU · News · 20260807N

Revenue Performance and Mix

INTUIT INC. · 2026-08-07 · Importance 67 · Surprise 76

Intuit’s latest reported quarterly revenue increased 10.4% year over year, according to multiple third-party reports citing its Q2 results. The reports state that Intuit exceeded analyst revenue and EPS expectations. TurboTax revenue growth was described as lower than expected, with competitive and pricing pressure affecting the tax business. Intuit subsequently reduced its full-year guidance, although the digest does not provide the revised dollar or percentage outlook.

Key facts

• As of the referenced MarketWatch note, Intuit was trading 58.63% below its 52-week high of $786.28. source
• Wilsey Asset Management Inc. acquired a new position of 125,334 shares in Intuit during the second quarter, valued at approximately $32.7 million, representing about 4.8% of its portfolio and making Intuit the firm's 14th largest holding. source
• Intuit shares increased by 1.04% on Friday, closing at $325.25. source