13.3 C
London
Monday, June 9, 2025

Intuit Beats Q3 Earnings Expectations, Raises Full-Year Revenue and EPS Guidance

More News

- Advertisement -

Intuit Inc. (NASDAQ: INTU), a leading financial software company, reported robust fiscal third-quarter results for 2025, surpassing Wall Street expectations and raising its full-year revenue and earnings per share (EPS) guidance.

The company’s strong performance was driven by an exceptional tax season, growth in its business segments, and advances in artificial intelligence (AI) integration.

Q3 Fiscal 2025 Financial Highlights

  • Adjusted Earnings Per Share (EPS): $11.65, outperforming analyst expectations of $10.93.

  • Revenue: $7.75 billion, exceeding the forecasted $7.57 billion.

    - Advertisement -
  • Net Income: $2.82 billion, or $10.02 per share, reflecting a 19% year-over-year increase.

  • Operating Income: $3.7 billion, marking a 20% growth compared to the same quarter last year.

Upgraded Full-Year Outlook

Following the strong third-quarter performance, Intuit raised its full-year guidance for fiscal 2025:

  • Revenue Guidance: Projected between $18.72 billion and $18.76 billion, representing approximately 15% growth, a notable increase from the previous 12-13% estimate.

    - Advertisement -
  • Adjusted EPS Guidance: Now expected between $20.07 and $20.12, indicating an 18-19% increase, surpassing prior projections of 13-14%.

Key Drivers Behind Growth

Intuit’s Q3 success can be attributed to several strategic factors:

- Advertisement -
  • TurboTax Live: The tax preparation service saw significant uptake during the 2025 tax season, contributing substantially to revenue growth.

  • Global Business Solutions and Credit Karma: Continued strong performance in these segments supported overall financial results.

  • Artificial Intelligence Innovations: Intuit’s integration of AI across its TurboTax, QuickBooks, Credit Karma, and Mailchimp platforms enhanced user experience and operational efficiency, positioning the company well for sustained growth.

Market Reaction

Following the earnings announcement, Intuit’s shares surged approximately 5.1% in after-hours trading, reflecting investor confidence in the company’s performance and outlook.

Intuit Inc. is a financial software company that helps individuals, small businesses, and the self-employed manage their finances, file taxes, and grow their businesses.

With flagship products like TurboTax, QuickBooks, Credit Karma, and Mailchimp, Intuit continues to innovate with AI-driven solutions.

Also Read

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Projects

Top Events