Short answer
Intuit (INTU) filed its Q2 2026 10-Q quarterly report on May 20, 2026 for the quarter ended Apr 30, 2026. Quarterly revenue was $8.6B (up 10.4% year over year) with net income of $3.1B.
Q2 2026 key financials · XBRL
- Revenue
- $8.6B
- +10.4% YoY · +84.0% QoQ
- Net income
- $3.1B
- +8.7% YoY · +342.1% QoQ
- Operating margin
- 47.0%
- EPS (diluted)
- $10.99
- +10.2% YoY · +344.9% QoQ
Source: XBRL data from the Intuit (INTU) Q2 2026 10-Q on SEC EDGAR. USD.
Intuit Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Unallocated corporate costs $7.6B for nine months ended April 30, 2026, versus $6.9B YoY
- Corporate costs increased due to higher research and development, service revenue costs, and selling and marketing expense
Risk Factors
- Government-funded tax filing systems, including IRS Free File, could reduce consumer tax revenue
- AI-driven competition and free offerings could pressure customer retention and profitability
- FTC 2014 Credit Karma data order requires comprehensive security controls and biennial assessments for 20 years
- Cyberattacks exploiting AI, stolen credentials, or shared Intuit identities could expose sensitive customer data
- Third-party vendor breaches could trigger litigation, fines, service outages, and reputational damage
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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