Intuit to Report Q4 Earnings: What Should Investors Do?

Intuit Inc. INTU is set to report its fourth-quarter 2026 results on Aug. 25, after market close.

The financial technology company expects fourth-quarter revenues to increase approximately 11-12% year over year. Management projects non-GAAP earnings of $3.56-$3.62 per share, while GAAP earnings are expected in the range of 73-79 cents per share. The sharp difference between GAAP and adjusted earnings primarily reflects restructuring and other non-GAAP adjustments.

The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $4.27 billion, indicating an increase of 11.5% from the year-ago quarter’s reported figure.

The consensus mark for earnings is pinned at $3.59 per share and remains unchanged over the past two months. It indicates growth of 30.6% from the figure reported in the year-ago quarter.

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The company’s EPS surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 6.87%. The graph below depicts this surprising history:

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Q4 Earnings Whispers for INTU

Our proprietary model does not conclusively predict an earnings beat for Intuit this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. You can see the complete list of today’s Zacks #1 Rank stocks here.

Intuit has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Factors Likely to Shape Intuit’s Q4 Results

Intuit is set to report fourth-quarter results, with solid business momentum and continued progress across its consumer and small-business platforms.

Growth is likely to have been supported by continued strength in QuickBooks and the broader Online Ecosystem. Higher customer engagement, increased adoption of payments and payroll services and expansion of Intuit’s money offerings are expected to have remained key drivers.

Credit Karma and TurboTax Live are also likely to have contributed to the quarter. Strength in personal loans and insurance has supported Credit Karma, while greater adoption of assisted tax offerings continues to benefit the TurboTax franchise. However, softer tax-unit trends could have partly offset these positives.

Intuit’s AI-driven strategy and ongoing expansion into mid-market solutions is expected to have provided an additional boost. Continued adoption of AI-powered tools across its platform, along with efforts to deepen customer relationships and improve operating efficiency, may have helped support durable growth over the longer term.

For the fourth quarter of fiscal 2026, the Zacks Consensus Estimate for Intuit’s Global Business Solutions revenues is pegged at $3.39 billion, suggesting year-over-year growth of 12.4%. The consensus mark for Intuit’s Consumer revenues is pegged at $884.5 million, significantly up from the year-ago period.

INTU’s Price Performance & Valuation

Intuit shares have gained 20.8% over the past month. The Zacks Computer Software Market industry has risen 22.6%, while the S&P 500 has gained 3.7% for the same period. Tax preparation and financial services provider like H&R Block (HRB) and fintech like Block (XYZ) continue to expand their tax-preparation, small-business and financial-service offerings, intensifying competition for Intuit across areas such as consumer tax, payments and broader financial management. HRB shares rallied 26.9%, while XYZ shares have gained 1.2% over the same timeframe.

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From a valuation standpoint, even after the stock’s recent rally, INTU shares are trading cheaply in terms of forward 12-month P/E. INTU stock is trading at 13.39X compared with the Zacks Computer Software Market industry’s 22.86X.

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Shares of HRB and XYZ are currently trading at P/E of 8.9X and 17.4X, respectively.

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INTU: Buy, Sell or Hold?

Intuit continues to strengthen its position as a broad financial technology platform by integrating QuickBooks, TurboTax, Credit Karma and its expanding AI-powered services. Continued momentum in online accounting, payments, payroll, assisted tax offerings and consumer finance is likely to support long-term growth, while its AI-driven expert platform could deepen customer engagement across both consumer and small-business markets. However, competitive pressure, softer tax-unit trends, restructuring-related disruption and broader macroeconomic uncertainty remain key risks.

Given these growth opportunities alongside near-term execution risks, the stock is best viewed as a hold at present. Long-term investors may prefer to wait for greater clarity on fiscal 2027 growth, margin improvement and the benefits of Intuit’s restructuring before adding to positions.

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

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