Intuit eased worries about AI competition by beating guidance and raising its outlook for the rest of its fiscal 2026. Notably, TurboTax revenue was up 7% year over year in a quarter that saw 10% ...
Intuit CEO Sasan Goodarzi declared today that, going forward, accountants are the customer, not the channel, and consequently they will be serving them as the customer. Processing Content While this ...
Intuit (INTU) stock tumbled to its lowest level in nearly six years on Thursday after the financial software firm reported TurboTax sales below estimates. At least 13 Wall Street firms cut their price ...
Global layoffs by Intuit are hitting close to home in Reno as the financial technology services company plans to close its Reno office. Intuit informed employees that it will reduce its full-time ...
A hot potato: It seems we're now at the point where companies are cutting jobs as a result of AI while claiming the layoffs have nothing to do with AI. Business software firm Intuit, maker of TurboTax ...
Intuit (INTU), the owner of TurboTax, QuickBooks, and Mailchimp, told employees it's cutting about 17% of its workforce, or about 3,000 employees, according to a media report on Wednesday. The layoffs ...
Intuit (INTU) continues to expand. In Q2 FY26 (January 2026), the firm announced $4.7 billion in revenue, marking a 17% increase compared to the previous year. However, the stock had already plummeted ...
Intuit is sunsetting its ad network focused on small businesses less than three years after its launch. The company, which owns Credit Karma, TurboTax, QuickBooks, and Mailchimp, launched the SMB ...
An appeals court invalidated the Biden-era Federal Trade Commission’s attempt to punish Intuit for allegedly deceptive ads that pitched TurboTax as free. Under then-Chair Lina Khan, the FTC determined ...
Based on the market's severe reaction, you might assume Intuit's core business is struggling. But the underlying business continues to execute very well. In its second quarter of fiscal 2026, the ...
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