FINHUB Insights

INTU · Q2 FY26 · Nov 1, 2025 – Jan 31, 2026

Intuit Q2 FY26: where the revenue came from and where it went

Intuit Q2 FY26: revenue $4.7B (+17% year over year). Net profit $0.7B. Largest cohort QuickBooks Online Accounting $1.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Nov 1, 2025 – Jan 31, 2026
Reported
Feb 26, 2026 10-Q
Sankey diagram of Intuit's income statement for Q2 FY26: revenue of $4.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4.7B +17% year over year
Gross profit$3.7B 79% margin
Operating profit$0.9B 18% margin
Net profit$0.7B 15% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jan 31, 2026).
ItemValueShare of revenueYear 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−121%
Gross profit3.779% margin+1pp
Research & development−0.818%+0pp
Sales & marketing−1.430%+0pp
G&A−0.49%−1pp
Other−0.24%+0pp
Operating profit0.918% margin+3pp
Tax−0.2
Net profit0.715%+3pp
Filing on EDGAR More quarters of INTU

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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