Intuit

INTU · Information Technology · Market cap $84.5B

Q3 FY26 Apr 30, 2026 reported May 20, 2026

Revenue$8.6B +10% year over year

Gross profit$7.2B

Operating profit$4B

Net profit$3.1B 36% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Apr 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	8.6	100%	+10%
Consumer	5.3	62%	+30%
Global Business Solutions	3.3	38%	+15%
Cost of revenue	−1.3	15%
Gross profit	7.2	85% margin	−1pp
Research & development	−0.8	10%	+1pp
Sales & marketing	−1.8	21%	+0pp
G&A	−0.4	5%	+0pp
Other	−0.2	2%	+0pp
Operating profit	4	47% margin	−1pp
Tax	−0.9
Net profit	3.1	36%	−1pp

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jan 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.7	100%	+17%
QuickBooks Online Accounting	1.2	26%
Online Services	1.2	26%
Credit Karma	0.6	13%
TurboTax	0.6	13%
QuickBooks Desktop Accounting	0.4	9%
ProTax	0.3	6%
Desktop Services and Supplies	0.3	6%
Cost of revenue	−1	21%
Gross profit	3.7	79% margin	+1pp
Research & development	−0.8	18%	+0pp
Sales & marketing	−1.4	30%	+0pp
G&A	−0.4	9%	−1pp
Other	−0.2	4%	+0pp
Operating profit	0.9	18% margin	+3pp
Tax	−0.2
Net profit	0.7	15%	+3pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Oct 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	3.9	100%	+18%
Online Services	1.1	28%	+17%
Consumer	0.9	23%
Credit Karma	0.7	18%
Total Desktop Ecosystem	0.6	15%
Desktop Services and Supplies	0.3	8%	−7%
TurboTax	0.2	5%
Cost of revenue	−2.9	74%
Gross profit	1	26% margin	+4pp
Research & development	−0.8	22%	+0pp
Sales & marketing	−-0.7	28%	−1pp
G&A	−0.4	11%	−1pp
Operating profit	0.5	14% margin	+5pp
Tax	−0.1
Net profit	0.4	11%	+5pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Apr 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	7.8	100%	+15%
Consumer	4	51%
Global Business Solutions	2.8	36%
Credit Karma	0.6	8%
ProTax	0.3	4%
Cost of revenue	−1.1	14%
Gross profit	6.6	85% margin	+0pp
Research & development	−0.7	9%	−1pp
Sales & marketing	−1.6	21%	+0pp
G&A	−0.4	5%	+0pp
Other	−0.2	2%	+0pp
Operating profit	3.7	48% margin	+2pp
Tax	−0.9
Net profit	2.8	36%	+1pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26	Apr 30, 2026	May 20, 2026	$8.6B	+10%	47%	$3.1B	36%
Q2 FY26	Nov 1, 2025 – Jan 31, 2026	Feb 26, 2026	$4.7B	+17%	19%	$0.7B	15%
Q1 FY26	Aug 1 – Oct 31, 2025	Nov 20, 2025	$3.9B	+18%	13%	$0.4B	11%
Q3 FY25	Feb 1 – Apr 30, 2025	May 22, 2025	$7.8B	+15%	47%	$2.8B	36%