Intuit Inc. (INTU) Announced Q2 2026 Earnings on February 26, 2026, Reporting "revenue of $4.7 billion, up 17%"

Intuit reported second quarter fiscal 2026 financial results with revenue of $4.7 billion, up 17% for the quarter. GAAP operating income for the quarter was $855 million, and non-GAAP operating income was $1.5 billion. GAAP diluted earnings per share for the quarter was $2.48, and non-GAAP diluted earnings per share was $4.15.
Management highlighted momentum across its platforms, noting that Online Ecosystem revenue for QBO Advanced and Intuit Enterprise Suite increased 40%. The company stated that total online payment volume grew 29% in the second quarter. Intuit is expanding its direct sales team by approximately 30% and noted that new Intuit Enterprise Suite contracts grew nearly 50% quarter-over-quarter. QuickBooks Live customer growth was over 50% in the second quarter. Within Mailchimp, revenue was down slightly versus a year ago, with expectations to return to double-digit growth sometime beyond fiscal 2026.
During the quarter, Intuit announced a multiyear partnership with Anthropic to advance personalized experiences using Anthropic's Claude Agent Builder. The company also launched all four of its apps in OpenAI's app directory. For products, Intuit launched a construction addition for Intuit Enterprise Suite, which is the first in a series of industry-specific AI-native ERP solutions designed for the mid-market.
Intuit reaffirmed its fiscal 2026 guidance, expecting total company revenue for the year of $20.997 billion to $21.186 billion, representing growth of 12% to 13%. For the third quarter of fiscal 2026, guidance includes total company revenue growth of 10%, GAAP earnings per share of $10.56 to $10.62, and non-GAAP earnings per share of $12.45 to $12.51.