Intuit (NASDAQ:INTU) Posts Earnings Results

20 May 2026, 16:12 by Jessica Moore · The Cerbat Gem

Intuit (NASDAQ:INTU – Get Free Report) announced its quarterly earnings results on Wednesday. The software maker reported $999.00 earnings per share for the quarter, beating analysts’ consensus estimates of $12.57 by $986.43, Zacks reports. Intuit had a net margin of 21.57% and a return on equity of 24.23%.

Intuit Stock Down 3.8%

Shares of NASDAQ:INTU traded down $15.29 during midday trading on Wednesday, hitting $384.42. 3,456,285 shares of the company’s stock traded hands, compared to its average volume of 3,615,505. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. The company has a market cap of $106.31 billion, a PE ratio of 24.90, a P/E/G ratio of 1.62 and a beta of 1.04. The firm’s fifty day moving average price is $410.70 and its two-hundred day moving average price is $516.31. Intuit has a twelve month low of $342.11 and a twelve month high of $813.70.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were issued a dividend of $1.20 per share. The ex-dividend date was Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.2%. Intuit’s payout ratio is presently 31.09%.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit is using the restructuring to speed up AI integration across products like TurboTax, Credit Karma, and QuickBooks, which could improve long-term efficiency and product capabilities. Reuters: Exclusive: Intuit to cut 17% of global jobs to streamline operations, memo shows
Positive Sentiment: Analysts were still expecting solid quarterly results heading into the report, with some noting strong revenue and earnings potential despite the stock’s earlier decline. Benzinga: Intuit Likely To Report Higher Q3 Earnings…
Neutral Sentiment: Intuit is set to report fiscal Q3 results after the close, so investors may be waiting for management to explain whether the job cuts are defensive cost control or part of a broader AI-led transformation. TipRanks: Polymarket Earnings: Will NVDA, INTU, LOW Beat Earnings Tomorrow?
Negative Sentiment: The announced layoffs are weighing on sentiment because they highlight a major internal restructuring and raise concerns about near-term disruption, execution risk, and whether growth is slowing enough to justify the cuts. Fast Company: Intuit layoffs today: Stock takes a dive…
Negative Sentiment: INTU has already been under pressure this year, and the latest news adds to investor concern that the company may be struggling to maintain its prior growth momentum. Yahoo Finance: Is It Time To Reassess Intuit (INTU) After This Year’s Sharp Share Price Slide

Analyst Upgrades and Downgrades

INTU has been the topic of a number of research analyst reports. Jefferies Financial Group reiterated a “buy” rating on shares of Intuit in a report on Sunday, April 19th. Citigroup decreased their price target on shares of Intuit from $803.00 to $649.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Daiwa Securities Group reduced their target price on shares of Intuit from $800.00 to $640.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Wells Fargo & Company reduced their target price on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 24th. Finally, Argus reduced their target price on shares of Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $634.26.

Check Out Our Latest Research Report on INTU

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.49% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intuit

Institutional investors have recently added to or reduced their stakes in the company. State Street Corp lifted its stake in shares of Intuit by 1.2% in the 3rd quarter. State Street Corp now owns 12,882,779 shares of the software maker’s stock worth $8,797,779,000 after acquiring an additional 158,456 shares during the period. Morgan Stanley lifted its stake in shares of Intuit by 1.2% in the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock worth $3,378,912,000 after acquiring an additional 60,910 shares during the period. Northern Trust Corp lifted its stake in shares of Intuit by 4.8% in the 3rd quarter. Northern Trust Corp now owns 3,450,001 shares of the software maker’s stock worth $2,356,040,000 after acquiring an additional 158,843 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Intuit by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,008,432 shares of the software maker’s stock worth $1,330,426,000 after acquiring an additional 47,624 shares during the period. Finally, Unisphere Establishment lifted its stake in shares of Intuit by 13.3% in the 3rd quarter. Unisphere Establishment now owns 1,700,000 shares of the software maker’s stock worth $1,160,947,000 after acquiring an additional 200,000 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Company Profile

(Get Free Report)

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.