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INTU · Q3 FY2026

Archived report (Q3 FY2026). Latest deep dive →

US GAAP · $M · vs Q3 FY2025 · quarter ended 04/30/2026

INTU — Intuit provides financial software and services for individuals, small businesses, and accountants, including TurboTax, QuickBooks, and Mint.

More about the company

The company is based in Mountain View, California, and operates primarily in the United States.

All figures in $M.

Revenue

$8,558

+10.4%

Gross profit

$7,184

+9.5%

83.9% margin

Operating income

$4,020

+8.1%

47.0% margin

Net income

$3,064

+8.7%

$11.09/sh · 35.8% margin

Sankey diagram of INTU earnings report for Q3 FY2026: revenue, costs and profitTotal Net Revenue$8,558 · +10.4%Cost of Revenue$1,331 · +15.1%Amortization ofAcquired Tech*$43 · +13.2%Gross Profit$7,184 · +9.5%83.9% marginSelling &Marketing$1,793 · +10.8%R&D$840 · +18.8%G&A$409 · +3.8%Amortization ofOtherIntangibles*$122 · +1.7%Operating Income$4,020 · +8.1%47.0% marginInterest & OtherIncome$97 · vs $32Interest Expense$70 · +2.9%Pre-Tax Income$4,047 · +9.9%Income Tax$983 · ETR 24.3%Net Income$3,064 · +8.7%$11.09/sh · 35.8% margin

Verdict: the tax-season machine did its annual harvest — revenue +10% to $8.6B with an 84% gross margin and a 47% operating margin; R&D is the fastest-growing operating expense category (+19%), which is the AI-agents bet, and it is being funded without denting profitability.

FQ3 (Feb-Apr) is Intuit's TurboTax quarter — it produces the bulk of full-year profit. Fiscal year ends July 31; the FY2026 report lands late August and will replace this card (previous reports stay per the multi-report rule).

Source and notation

* marks non-cash / ≈ estimated. Source: Intuit 10-Q (SEC EDGAR).

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How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report; the short company description was also written by our model. Figures checked against the filing on 10/02/2026. How we make the breakdowns · Report an error

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Company reports

Q4 FY2026latestThe off-season quarter grew faster than the tax season — revenue +14% to $4.35B on QuickBooks Online (+20%) and Credit…
Q3 FY2026The tax-season machine did its annual harvest — revenue +10% to $8.6B with an 84% gross margin and a 47% operating…

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