Form 10-K · Annual report
Intuit 10-K, filed Sep 9, 2026
- Filed
- CIK
- 0000896878
- Accession no.
- 0000896878-26-000037
Summary
Intuit reported fiscal 2026 revenue of $21.4 billion, up 14% from fiscal 2025, with operating income of $5.9 billion (up 20%), net income of $4.6 billion (up 18%), and diluted net income per share of $16.46 (up 20%), in the Management's Discussion and Analysis section of its annual Form 10-K. The company said service revenue comprised 88% of total revenue at $18.9 billion, highlighted AI-driven competition and increasingly sophisticated fraud as key challenges, and noted that TurboTax and ProTax revenue is heavily concentrated from November through April.
Key points
- Fiscal 2026 Global Business Solutions revenue was $12.9 billion, up 16% from fiscal 2025.
- Fiscal 2026 Consumer segment revenue was $8.6 billion, up 11% from fiscal 2025.
- Cash flow from operations was $8.8 billion, up 42% from fiscal 2025.
- Intuit said it expects the November-through-April seasonality of its tax offerings to continue to materially affect quarterly financial results.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 7 - MANAGEMENT’S DISCUSSION EXECUTIVE OVERVIEW This overview provides a high-level discussion of our operating results and some of the trends that affect our business. We believe that an understanding of these trends is important in order to understand our financial results for fiscal 2026, as well as our future prospects. This summary is not intended to be exhaustive, nor is it a substitute for the detailed discussion and analysis provided elsewhere in this Annual Report on Form 10-K. …
An excerpt of the text as filed with the SEC, cut for length.
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