Intuit said total net revenue for Q1 of fiscal 2026 increased $602 million (18%) compared with the same quarter of the prior year, operating income increased $263 million (97%), and net income increased $249 million (126%).

1. 01

   Intuit said total net revenue for Q1 of fiscal 2026 increased $602 million (18%) compared with the same quarter of the prior year, operating income increased $263 million (97%), and net income increased $249 million (126%).

2. 02

   The company said Global Business Solutions segment revenue increased $447 million (18%) and Online Ecosystem revenue increased $408 million (21%). Consumer segment revenue increased $155 million (21%), and the company said Credit Karma revenue increased $138 million.

3. 03

   Intuit said cash, cash equivalents, and investments as of October 31, 2025 totaled $3.7 billion, a decrease of $856 million from July 31, 2025. The company said no amounts were outstanding under the $1.5 billion unsecured revolving credit facility or the commercial paper program, and $1.2 billion was outstanding under the secured revolving credit facilities.

4. 04

   Intuit said it repurchased 1.2 million shares during the first 3 months of fiscal 2026, and as of October 31, 2025 had $4.4 billion remaining under its share repurchase authorization. The company said the quarterly cash dividend declared during the same period was $1.20 per share, for a total of $343 million.

Key figures

Quarter ended October 31, 2025

Revenue

$3.9B

Operating income

$534M

Net income

$446M

EPS

$1.59

Operating cash flow

$637M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

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