Intuit told analysts it expects revenue growth to slow in fiscal 2027, guiding to $23.2 billion to $23.5 billion as it prioritises customer and market-share gains. Executives attributed the slowdown mainly to its desktop products, TurboTax and Credit Karma, and said continued spending on artificial intelligence sits behind a deliberate reset of expectations. Intuit will also report Mailchimp as a separate segment and stop excluding share-based pay from its adjusted figures.
What changed
Intuit reported $21.4 billion in fiscal 2026 revenue, up 14% year over year.
- FY2027 revenue guidance $23.2-23.5B
- 9-10% guided growth vs 14% in FY2026
- $2.1B shares repurchased in Q4
- Mailchimp revenue seen down ~1%
Sources