Intuit hits $4.4 billion Q4 revenue as AI-driven 'Big Bets' accelerate growth

Intuit reported $4.4 billion in Q4 fiscal 2026 revenue, up 14% year-over-year and above the consensus estimate of $4.27 billion, with non-GAAP EPS of $24.27, a 20% increase. The company's 'Big Bets' strategy now accounts for 30% of full-year revenue, and Intuit guided fiscal 2027 revenue to $23.279–$23.512 billion, reflecting a growth slowdown to 9–10%. Starting in fiscal 2027, Intuit will no longer exclude share-based compensation from non-GAAP measures, impacting operating income by $2,020 million and diluted EPS by $5.81.

Intuit hits $4.4 billion Q4 revenue as AI-driven 'Big Bets' accelerate growth The fintech giant beat revenue expectations with double-digit growth while signaling a shift in accounting practices for fiscal 2027. By RuntimeWire Staff /author/runtimewire-staff · Published Primary source: Intuit https://investors.intuit.com/news-events/press-releases/detail/1320/intuit-reports-fourth-quarter-and-full-year-fiscal-2026-results-sets-fiscal-2027-guidance Intuit INTU — Q4 FY2026 Revenue: $4.4 billion Net income: $363 million EPS: GAAP earnings per share increased 20 percent to $16.46, and non-GAAP earnings per share increased 20 percent to $24.27 Guidance: Full Year Fiscal 2027: Total Revenue $23,279 to $23,512, Non-GAAP Operating Income $8,063 to $8,145, Non-GAAP Diluted Earnings Per Share $22.88 to $23.12; First Quarter Fiscal 2027: Total Revenue $4,294 to $4,313, Non-GAAP Operating Income $902 to $915, Non-GAAP Diluted Earnings Per Share $2.44 to $2.48 Full year fiscal 2026 revenue: grew 14 percent to $21.4 billion Global Business Solutions revenue: increased 16 percent to $12.9 billion Consumer revenue: increased 11 percent to $8.6 billion GAAP operating income: increased 20 percent to $5.9 billion Intuit delivered a robust fourth quarter with $4.4 billion in revenue, representing a 14% increase-over-year and beating the consensus estimate of $4.27 billion . The software giant saw non-GAAP earnings per share climb to $24.27 , a 20% jump from the previous year, comfortably outpacing the Street expectation of $3.58–$3.59 . The performance was bolstered largely by the company's 'Big Bets' strategy, which management claims now accounts for 30% of full-year revenue. Looking ahead, Intuit provided full-year 2027 guidance that expects total revenue to land between $23,279 million and $23,512 million , suggesting a growth deceleration to 9% to 10% compared to the 14% growth seen in fiscal 2026. The company also set the following for the upcoming 2027 period: - Q1 FY27 Revenue: $4,294 million to $4,313 million - Q1 FY27 Non-GAAP Operating Income: $902 million to $915 million - Q1 FY27 Non-GAAP EPS: $2.44 to $2.48 A significant structural change is arriving for the company's reporting: starting in fiscal 2027, Intuit will no longer exclude share-based compensation expense from its non-GAAP financial measures. This move reflects management's view of equity awards as a recurring cost. The FY27 guidance already factors in a $2,020 million impact on-GAAP operating income and a $5.81 impact on diluted EPS. On the segment level, the business engine remains centered on Global Business Solutions, which generated $12.9 billion for the year, up 16% . While QuickBooks Online Accounting saw a strong 23% growth, the consumer side showed more modest momentum with TurboTax revenue increasing 7% to $5.3 billion . Investors will be watching closely how the recently announced 17% workforce reduction and associated $300 million–$340 million in restructuring charges translate into long-term operating margin expansion in the coming fiscal year.