{"schema_version":"secwatch.filing_event.v1","accession":"0000896878-26-000024","form_type":"8-K","ticker":"INTU","cik":"0000896878","company_name":"INTUIT INC.","filed_at":"2026-05-20T20:05:49+00:00","discovered_at":"2026-05-20T20:07:00.368481+00:00","generated_at":"2026-05-20T21:42:33.758954+00:00","sec_items":["2.02","2.05","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Intuit Q3 revenue $8.6B (+10%), non-GAAP EPS $12.80 (+10%); cuts 17% workforce, raises dividend to $1.20","bullets":["Revenue $8.558B (+10% YoY); GAAP EPS $11.09, non-GAAP EPS $12.80 (+10-11%).","Consumer revenue $5.3B (+8%); TurboTax $4.4B (+7%); Credit Karma $631M (+15%).","Global Business Solutions $3.3B (+15%); Online Ecosystem $2.5B (+19%).","Workforce reduction of ~17%; estimated charges $300-340M in Q4 FY26; completion by Q1 FY27.","Board approved $1.20/share dividend; payable July 17, 2026 to holders of record July 9, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000896878-26-000024","json":"https://secwatch.observer/filing/0000896878-26-000024.json","markdown":"https://secwatch.observer/filing/0000896878-26-000024.md","text":"https://secwatch.observer/filing/0000896878-26-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896878/000089687826000024/0000896878-26-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896878/000089687826000024/intu-20260520.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T21:42:33.758954+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e1e8cc4f2adfafac90352fe861fb54cb98707f23","claim":"INTUIT INC. reported the third quarter of fiscal 2026, which ended April 30 results: revenue $8.6 billion, net income $4.0 billion, EPS $11.09. Guidance raised.","evidence_excerpt":"an organization that operates with greater velocity to deliver durable long-term growth.\" Financial Highlights For the third quarter, Intuit: • Grew total revenue to $8.6 billion, up 10 percent. • Grew Consumer revenue to $5.3 billion, up 8 percent. Increased TurboTax revenue to $4.4 billion, up 7 percent, and Credit Karma revenue to $631 million, up 15","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896878/000089687826000024/0000896878-26-000024-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of fiscal 2026, which ended April 30"},{"label":"Revenue","value":"$8.6 billion"},{"label":"Net income","value":"$4.0 billion"},{"label":"EPS","value":"$11.09"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a21767ba53c6a97909928ebeae44a59b4678c261","claim":"INTUIT INC. announced a restructuring with charges of approximately $300 million to $340 million (approximately 17%).","evidence_excerpt":"On May 20, 2026, the Company announced a plan (the “Plan”) to simplify its organizational structure and become a faster, leaner, more focused company. As part of the Plan, the Company will reduce its full-time workforce by approximately 17% and is considering the closure of certain of its sites in service to growing technology teams and capabilities in strategic locations. The Company estimates that it will incur approximately $300 million to $340 million in charges in connection with the Plan, primarily in its fourth fiscal quarter ending July 31, 2026.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/896878/000089687826000024/0000896878-26-000024-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $300 million to $340 million"},{"label":"Headcount","value":"approximately 17%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}