Intuit Q1 revenue $2.6B (+29% YoY); GAAP EPS $0.14 vs $0.82; reiterates FY guidance

INTUIT INC.

2023-Q1 EPS reported $0.14 revenue$2,597,000,000

Total revenue $2.597B, up 29% (13 pts from Mailchimp); GAAP EPS $0.14, down 83% YoY.
Small Business & Self-Employed revenue $2.0B, up 38% (19% ex-Mailchimp); Credit Karma $425M, up only 2%.
Credit Karma saw "continuing deterioration across all verticals" in late Q1; Intuit reiterates FY operating income and EPS guidance.
Non-GAAP EPS $1.66, up 8% YoY; Non-GAAP operating income $662M, up 19%.
Board approved $0.78/share cash dividend, payable Jan 18, 2023 to holders of record Jan 10, 2023.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTUIT INC. reported the first quarter of fiscal 2023 results: revenue $2,597, EPS $0.14. Guidance reaffirmed.

Period: the first quarter of fiscal 2023
Revenue: $2,597
EPS: $0.14
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Snapshot of First-quarter Results GAAP Non-GAAP Q1 FY23 Q1 FY22 Change Q1 FY23 Q1 FY22 Change Revenue $2,597 $2,007 29% $2,597 $2,007 29% Operating Income $76 $195 (61)% $662 $555 19% Earnings Per Share $0.14 $0.82 (83)% $1.66 $1.53 8%

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45 earnings releases filed in the last 30 days. Browse all earnings releases →

INTUIT INC. filing history →

Source: SEC EDGAR

accession 0000896878-22-000035

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