INTU · News · 20260808N

Revenue Performance and Mix

INTUIT INC. · 2026-08-08 · 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

• Bright Rock Capital Management LLC increased its stake in Intuit by 100% in the second quarter to 45,000 shares valued at $11.7 million. source
• PensionDanmark Pensionsforsikringsaktieselskab increased its stake in Intuit by 28.3% in the second quarter to 65,519 shares valued at $17.10 million. source
• Intuit reported revenue up 10.4% year-over-year in its recent quarterly results, with EPS exceeding expectations. source