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Intuit logoIntuit INTU

Intuit said total revenue for Q2 of fiscal 2025, ended January 31, 2025, grew to $3,963 million, up 17%, and GAAP operating income increased to $593 million, up 61%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Intuit said total revenue for Q2 of fiscal 2025, ended January 31, 2025, grew to $3,963 million, up 17%, and GAAP operating income increased to $593 million, up 61%.

  2. The company said Global Business Solutions Group revenue for Q2 was $2.7 billion, up 19%; Credit Karma revenue was $511 million, up 36%; and Consumer Group revenue was $509 million, up 3%.

  3. Intuit reiterated full-year 2025 revenue guidance of $18.160 billion to $18.347 billion, growth of approximately 12 to 13%, and said it expects Q3 revenue of $7.550 billion to $7.600 billion.

  4. The company said it repurchased $721 million of stock in Q2, with $3.6 billion remaining on its share repurchase authorization, and its Board approved a quarterly dividend of $1.04 per share, payable on April 18, 2025.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 Total Revenue $3,963 million, GAAP Operating Income $593 million

Intuit said total revenue for Q2 of fiscal 2025, ended January 31, 2025, grew to $3,963 million, up 17%, and GAAP operating income increased to $593 million, up 61%.

Source · Based on the filing body and exhibits

Q2 Segment Revenue: Global Business Solutions, Credit Karma, Consumer

The company said Global Business Solutions Group revenue for Q2 was $2.7 billion, up 19%; Credit Karma revenue was $511 million, up 36%; and Consumer Group revenue was $509 million, up 3%.

Source · Based on the filing body and exhibits

Full-Year Guidance Reiterated and Q3 Revenue Outlook

Intuit reiterated full-year 2025 revenue guidance of $18.160 billion to $18.347 billion, growth of approximately 12 to 13%, and said it expects Q3 revenue of $7.550 billion to $7.600 billion.

Source · Based on the filing body and exhibits

Capital Allocation: Share Repurchases and Quarterly Dividend

The company said it repurchased $721 million of stock in Q2, with $3.6 billion remaining on its share repurchase authorization, and its Board approved a quarterly dividend of $1.04 per share, payable on April 18, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.