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Intuit Reports Robust Fiscal 2025 Performance

August 21, 2025

Highlights

  • Fiscal Year Revenue Growth: 16%
  • Operating Income Growth (GAAP): 36%
  • Non-GAAP Operating Income Growth: 18%
  • Q4 Revenue: $3.8 billion (+20% YoY)
  • QuickBooks Online Accounting Revenue Growth: 23% in Q4
  • TurboTax Live Revenue Growth: 47% in Fiscal 2025
  • Credit Karma Revenue Growth: 32% in Fiscal 2025
  • Cash and Investments: $4.6 billion
  • Stock Repurchase in Fiscal 2025: $2.8 billion

Strong Financial Metrics

Intuit has displayed impressive performance metrics for the fiscal year 2025, demonstrating significant growth across several key financial areas, according to their latest earnings release. Total revenue for the fiscal year grew by 16%, accompanied by a substantial 36% increase in GAAP operating income. The company also successfully achieved 18% non-GAAP operating income growth.

The fourth quarter alone saw revenue reach $3.8 billion, representing a 20% year-over-year increase. This marks a continuation of the positive growth trend and highlights the efficacy of their business strategies.

Key Driving Segments

A deeper look into Intuit's segments reveals impressive performance in their QuickBooks Online and TurboTax Live offerings. The QuickBooks Online Accounting segment reported a 23% increase in revenue during the fourth quarter, showcasing strong demand and customer engagement. TurboTax Live significantly outpaced expectations with a 47% revenue growth for fiscal 2025, reflecting its breakthrough adoption.

Meanwhile, Credit Karma, another critical component of Intuit’s ecosystem, saw revenues increase by 32% over the fiscal year. This growth trajectory underscores the platform’s expanding role in providing a seamless experience across Intuit's consumer offerings and enhancing customer engagement year-round.

Capital and Investments

Intuit's balance sheet remains strong, ending the fiscal year with $4.6 billion in cash and investments. The company has actively repurchased $2.8 billion worth of stock, reflecting management's confidence in the business’s future and its commitment to returning value to shareholders.

Overall, Intuit’s fiscal 2025 results highlight a year of strategic execution, robust growth across core segments, and a clear path forward driven by innovation, particularly in AI-powered business solutions.