Intuit Inc (INTU) reported better-than-expected financial results for the first quarter of fiscal 2026. The company achieved earnings per share (EPS) of $3.34, surpassing Wall Street's consensus estimate of $3.16 by $0.18. Additionally, revenue reached $3.9 billion, exceeding the anticipated $3.8 billion.
The announcement highlights Intuit's robust operational performance amid a competitive landscape. As a provider of business and financial management solutions, Intuit serves various market segments, including small and mid-market businesses, consumers, and accounting professionals. The company is headquartered in Mountain View, California, and employs approximately 18,200 full-time staff.
Intuit's Global Business Solutions segment supports small and mid-market businesses worldwide, while its Consumer segment offers do-it-yourself and assisted TurboTax income tax preparation products and services in the United States and Canada. The company's Credit Karma segment provides personalized financial recommendations to consumers, and its ProTax segment caters to professional accountants in North America.
Looking ahead, Intuit will host an earnings conference call after market close to discuss these results in detail. Investors are encouraged to review the full earnings release and listen to management commentary for further insights into the company's performance and future outlook.
With a market capitalization of $181.4 billion, Intuit has a trailing P/E ratio of 46.88 and an EPS of 13.71. The company is expected to report its next earnings on February 23, 2026, with an EPS estimate of $3.91 and revenue forecast of $4.6 billion.