Intuit Q4 Earnings: Revenue Beat, EPS Beat, Adds $3B To Buyback, Progress On AI-Driven Strategy And More

Intuit Inc INTU reported fourth-quarter financial results after the market close on Thursday. Here’s a look at the key metrics from the quarter.

Q4 Earnings: Intuit reported fourth-quarter revenue of $3.18 billion, beating the consensus estimate of $3.08 billion. The company reported adjusted earnings of $1.99 per share, beating analyst estimates of $1.84 per share, according to Benzinga Pro.

Total revenue was up 17% year-over-year. Small Business and Self-Employed Group revenue was up 20% year-over-year, while Consumer Group revenue fell 12%. Online Ecosystem revenue was up 18% and Credit Karma revenue was up 14%.

“We delivered very strong results for the fourth quarter and full year, and made meaningful progress with our AI-driven expert platform strategy that positions the company for durable growth in the future,” said Sasan Goodarzi, CEO of Intuit.

“Our strategy and five Big Bets are solving our customers’ biggest problems as we deliver on our mission to power prosperity for consumers, and small and mid-market businesses.”

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Intuit’s board approved a new $3 billion buyback authorization, bringing the total amount remaining under the company’s share repurchase program up to $4.9 billion. The company also announced a quarterly dividend of $1.04 per share, payable on Oct. 18.

Outlook: Intuit expects fiscal first-quarter revenue growth of approximately 5% to 6%. The company anticipates first-quarter adjusted earnings of $2.33 to $2.38 per share versus estimates of $2.79 per share.

Intuit expects fiscal year 2025 revenue of $18.16 billion to $18.347 billion versus estimates of $18.18 billion. The company sees full-year adjusted earnings in the range of $19.16 to $19.36 per share versus estimates of $19.15 per share.

Management will hold a conference call to discuss Intuit’s quarterly results at 4:30 p.m. ET.

INTU Price Action: Intuit shares were up 3.38%% in after-hours, trading at $687.80 at the time of publication Thursday, according to Benzinga Pro.

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