Intuit Q4 Revenues Rise: Can Double-Digit Growth Continue?

Intuit Inc. INTU ended fiscal 2026 on a strong note, with fourth-quarter revenues rising 13.7% to $4.35 billion. The metric also topped the $4.27 billion Zacks Consensus Estimate by 1.9%. Global Business Solutions revenues also grew 13.6% to $3.42 billion, while Consumer revenues climbed 13.7% to $930 million. Meanwhile, full-year 2026 revenues rose 13.9% to a record $21.45 billion.

In Global Business Solutions, QuickBooks continued to show strength during the reported quarter. QuickBooks Online Accounting revenues reached $1.32 billion, up from $1.10 billion year over year, aided by higher prices, customer growth and product mix.

Online Ecosystem revenues rose 17.4% to $2.6 billion, while total online payment volume, including bill pay, jumped 32%. QuickBooks Capital loan volume increased 54% to $1.9 billion.

Consumer trends were mixed, but still offered growth areas. Credit Karma revenues increased 16.5% to $743 million, supported by personal loans, auto insurance and credit cards. TurboTax revenues rose 3.4% to $153 million in the fourth quarter, while TurboTax Live revenues grew 37% for the full year as its customer base increased 38%. ProTax revenues advanced 6.3% to $34 million.

The bigger question is whether Intuit can keep delivering double-digit growth. For the first quarter of fiscal 2027, management expects revenues of $4.29-$4.31 billion, up 11%. For fiscal 2027, revenues are expected to reach $23.28 billion to $23.51 billion, representing 9-10% growth. Global Business Solutions is expected to grow 13-14%, but Consumer growth is guided at only 4-6%.

How Did Intuit’s Competitors Report Results?

Paychex PAYX, which competes with Intuit in payroll and small-business services, reported fiscal 2026 revenues of $6.51 billion, up 17% year over year. Fourth-quarter revenues increased 12% to $1.61 billion. Management attributed revenue growth to the Paycor acquisition, growth in the number of average clients and HR outsourcing solutions worksite employees, price realization and higher product penetration.

Sage Group SGPYY, a major Intuit competitor in accounting and payroll software, reported strong third-quarter fiscal 2026 performance. For the nine months ended June 30, underlying revenues increased 11% to £2.06 billion, while Sage Business Cloud revenues rose 15%. Growth was driven by Sage Intacct, cloud products, new customers and greater adoption across markets.

INTU’s Price Performance, Valuation and Estimates

Shares of Intuit have gained 13.3% over the past three months, outperforming the broader industry and the S&P 500 composite.

Image Source: Zacks Investment Research

In terms of forward 12-month Price/Sales (P/S), Intuit is currently trading at 4.09X, which is at a discount to the industry average of 6.19X.

Image Source: Zacks Investment Research

Intuit’s estimate revisions reflect a positive trend. The Zacks Consensus Estimate for fiscal 2026 EPS has been revised upward by 2 cents to $27.30 over the past week. The consensus estimate for 2026 calls for 12.48% growth year over year.

Image Source: Zacks Investment Research

Currently, Intuit carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
 

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research