---
schema_version: "secwatch.filing_event.v1"
accession: "0000896878-22-000035"
form_type: "8-K"
ticker: "INTU"
cik: "0000896878"
company_name: "INTUIT INC."
filed_at: "2022-11-29T23:59:59+00:00"
generated_at: "2026-06-21T12:33:02.703585+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000896878-22-000035
- form_type: 8-K
- ticker: INTU
- cik: 0000896878
- company_name: INTUIT INC.
- filed_at: 2022-11-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896878/000089687822000035/0000896878-22-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896878/000089687822000035/intu-20221129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000896878-22-000035
- JSON: https://secwatch.observer/filing/0000896878-22-000035.json
- Plain text: https://secwatch.observer/filing/0000896878-22-000035.txt

## Key facts
- Earnings Releases
  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
  source text: 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%
  evidence_url: https://www.sec.gov/Archives/edgar/data/896878/000089687822000035/0000896878-22-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.