Source: Intuit

Intuit Stock Soars Following Strong Q3 Results

Intuit Inc. has recently reported excellent earnings for the third quarter of fiscal 2025, leading to a surge in Intuit stock. Investors are reacting positively to the company’s impressive growth across its diverse product offerings, which include TurboTax, Credit Karma, and QuickBooks.

Insights on Recent Financial Performance

In a press release dated May 22, 2025, Intuit disclosed that it achieved a total revenue of $7.8 billion in the third quarter, reflecting a 15% year-over-year increase. This robust performance underscores the company’s success in enhancing its services and expanding its market reach.

The Consumer Group contributed significantly to this growth, generating $4.0 billion in revenue—an 11% increase. On the other hand, the Global Business Solutions Group outperformed expectations with a revenue increase of 19%, reaching $2.8 billion. This speaks volumes about the appeal of Intuit’s offerings to small and mid-market businesses, particularly in the realms of payroll and accounting.

TurboTax and Credit Karma Driving Revenue Growth

A significant driver of revenue is the performance of TurboTax, particularly the TurboTax Live segment, which saw remarkable growth of 47%, with expected revenues projected to hit $2 billion. This emphasizes how consumers are increasingly opting for personalized tax assistance as opposed to handling their filings independently.

Similarly, Credit Karma recorded an astounding 31% increase in revenue, bringing in $579 million. The surge in demand for credit cards, personal loans, and auto insurance has been a crucial factor contributing to this success.

With the rising interest in innovative financial solutions, especially from IntelliTouch AI agents and experts, Intuit has made strides in establishing a unique market position.

Strong Earnings Per Share and Increased Guidance

Intuit reported a GAAP diluted earnings per share (EPS) of $10.02, reflecting a 19% year-over-year increase. The company also raised its guidance for the full fiscal year 2025, anticipating strong earnings across all metrics. This includes:

• Revenue of $18.723 billion to $18.760 billion—an approximate growth of 15%
• GAAP operating income between $4.898 billion and $4.918 billion
• GAAP diluted EPS projected between $13.19 and $13.24

The upward revision in guidance is a positive signal for shareholders, indicating sustained confidence in Intuit’s ongoing initiatives and market strategy.

Investor Sentiment and Stock Performance

Following the announcement of these stellar results, Intuit stock experienced a notable boost, reflecting investor optimism regarding the company’s future trajectory. This momentum is fueled by the success of Intuit’s AI initiatives, which have clearly resonated well with consumers navigating their financial journeys.

As per analysts, the encouraging growth in multiple product segments reinforces Intuit’s reputation as a leading technology-driven financial services provider. With 100 million customers worldwide and a commitment to innovation and customer success, the outlook remains promising for investors.

Looking Ahead: Next Steps for Investors

For investors considering their next move, the key focus should remain on the performance of the Consumer Group and the evolution of the Global Business Solutions Group. As Intuit expands its offerings and innovations, understanding how these dynamics may impact future revenue streams is essential for making informed decisions.

In conclusion, Intuit’s strong financial performance and strategic initiatives signal a prosperous future, making it a noteworthy stock for investors in the financial technology sector.

FAQ

What were Intuit’s third-quarter earnings?

Intuit reported earnings of $7.8 billion for the third quarter, marking a 15% increase year-over-year.

How did TurboTax perform in the last quarter?

TurboTax revenue grew 47%, with TurboTax Live expected to generate around $2 billion in revenue.

What is the outlook for Intuit stock?

The outlook for Intuit stock remains positive, with increased guidance and strong performance across key product lines.

What factors contributed to Credit Karma’s growth?

Credit Karma experienced a 31% revenue increase, driven by demand for credit cards, personal loans, and auto insurance.

How has the stock market reacted to Intuit’s latest earnings report?

The stock market has reacted positively, with Intuit stock experiencing an increase in value following the earnings announcement.