Intuit Reports Strong FY26 Results, Boosts Dividend by 15%

Intuit Inc. (CIK: 0000896878, Ticker: INTU) has filed an 8-K to announce its financial results for the fourth quarter and full fiscal year ended July 31, 2026, and to declare a cash dividend.

Key Financial Highlights (FY 2026):

• Total Revenue: Grew 14% year-over-year to $21.4 billion, surpassing the $20 billion milestone.
• Profitability: GAAP operating income increased by 20% to $5.9 billion, and GAAP EPS rose 20% to $16.46.
• Segment Performance: The Global Business Solutions segment saw revenue increase by 16% to $12.9 billion, while the Consumer segment grew 11% to $8.6 billion.

Shareholder Returns:

• Dividend Increase: The Board of Directors approved a quarterly cash dividend of $1.38 per share, a significant 15% increase from the prior year. The dividend is payable on October 16, 2026.
• Share Repurchases: The company executed $5.5 billion in share buybacks during fiscal 2026, a 96% increase from the previous year, and has a remaining authorization of $7.9 billion.

Forward-Looking Guidance (FY 2027):

• Revenue: Expected to be between $23.28 billion and $23.51 billion, representing 9% to 10% growth.
• GAAP EPS: Projected to be in the range of $20.12 to $20.36.
• Non-GAAP EPS: Forecasted between $22.88 and $23.12.

Operational Changes:

• Effective August 1, 2026, Mailchimp will be managed and reported as a separate operating segment.
• The company will also adjust its non-GAAP reporting to include share-based compensation expense, viewing it as a recurring operational cost.

The filing reflects a strong close to the fiscal year, highlighted by double-digit revenue growth and a substantial increase in shareholder returns through both dividends and buybacks. The forward guidance suggests continued, albeit slightly moderated, growth in the upcoming year.