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Intuit beats second-quarter earnings, reiterates FY26 growth outlook amid AI push

Intuit beats second-quarter earnings, reiterates FY26 growth outlook amid AI push

By Zacks Equity Research
Publication Date: 2026-02-27 18:27:00

Intuitive INTU reported second-quarter fiscal 2026 non-GAAP earnings per share (EPS) of $4.15, beating the Zacks Consensus Estimate of $3.66. The bottom line increased 25% compared to the same quarter last year.

The company reported revenue of $4.65 billion in the second fiscal quarter of 2026, up 17% year over year and above the Zacks Consensus Estimate of $4.53 billion. The increase indicates continued demand across the small business and consumer ecosystem. The quarter shows the operating leverage within the model. Cost discipline and economies of scale across the platform contributed to margin expansion, while recurring revenue streams continued to provide stability.

CEO Sasan Goodarzi emphasized the company’s positioning at the intersection of AI and human expertise. Management highlighted advancements toward “done-for-you” experiences and an AI-native ERP platform for mid-market customers.

Global Business Solutions generated revenue of $3.2 billion, an increase of 18% from the previous year. Exclusively…

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