---
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"
generated_at: "2026-05-20T21:42:33.758954+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Intuit Q3 revenue $8.6B (+10%), non-GAAP EPS $12.80 (+10%); cuts 17% workforce, raises dividend to $1.20

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 2.05, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000896878-26-000024
- JSON: https://secwatch.observer/filing/0000896878-26-000024.json
- Plain text: https://secwatch.observer/filing/0000896878-26-000024.txt

## Key facts
- Earnings Releases
  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.
  - Period: the third quarter of fiscal 2026, which ended April 30
  - Revenue: $8.6 billion
  - Net income: $4.0 billion
  - EPS: $11.09
  - Guidance: raised
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/896878/000089687826000024/0000896878-26-000024-index.htm
- Restructurings & Charges
  INTUIT INC. announced a restructuring with charges of approximately $300 million to $340 million (approximately 17%).
  - Type: restructuring
  - Charge: approximately $300 million to $340 million
  - Headcount: approximately 17%
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/896878/000089687826000024/0000896878-26-000024-index.htm

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