Intuit Inc. (NASDAQ: INTU) Q3 2025 Earnings Call | 05/23/2025

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Intuit Inc. (NASDAQ: INTU) reported robust Q3 2025 results on May 23, 2025, exceeding analyst expectations and raising full-year guidance as the company capitalized on strong demand for its AI-powered financial technology solutions. Total revenue for the quarter rose 15% year-over-year to $7.8 billion, driven by double-digit growth across all major business segments. The Consumer Group delivered $4.0 billion in revenue (up 11%), fueled by a standout tax season and a 47% surge in TurboTax Live revenue. The Global Business Solutions Group posted $2.8 billion in revenue (up 19%), with Online Ecosystem revenue up 20% and QuickBooks Online Accounting revenue up 21%, reflecting higher effective pricing, customer growth, and product mix improvements. Credit Karma revenue soared 31% to $579 million, supported by strength in credit cards, personal loans, and auto insurance, while ProTax Group revenue increased 9% to $278 million. GAAP operating income for Q3 grew 20% to $3.7 billion, and non-GAAP operating income rose 17% to $4.3 billion. GAAP diluted earnings per share climbed 19% to $10.02, while non-GAAP diluted EPS increased 18% to $11.65, beating consensus estimates and reflecting operational leverage and margin expansion. Intuit’s gross profit margin remained near 80%, underscoring its strong profitability profile. The company ended the quarter with $6.2 billion in cash and investments and $6.4 billion in debt, repurchased $754 million in stock, and announced a 16% increase in its quarterly dividend to $1.04 per share. Management raised full-year fiscal 2025 guidance, now projecting revenue of $18.72–$18.76 billion (up about 15%), GAAP diluted EPS of $13.19–$13.24 (up 26–27%), and non-GAAP diluted EPS of $20.07–$20.12 (up 18–19%). Segment guidance includes 16% revenue growth for Global Business Solutions, 10% for Consumer Group, 28% for Credit Karma, and 3–4% for ProTax Group. For Q4, Intuit expects revenue of $3.72–$3.76 billion (up 17–18%) and non-GAAP EPS of $2.63–$2.68. CEO Sasan Goodarzi highlighted Intuit’s momentum in AI innovation and platform expansion, positioning the company as a one-stop shop for AI-driven financial solutions for consumers and businesses. The company’s strategic focus on customer experience, rapid product enhancements, and operational discipline continues to drive growth and shareholder value. Outlook: Q4 2025: Revenue guidance of $3.72–$3.76 billion; non-GAAP EPS of $2.63–$2.68. FY2025: Revenue guidance of $18.72–$18.76 billion; non-GAAP EPS of $20.07–$20.12. Continued investment in AI, product innovation, and customer experience to sustain growth and margin expansion. About Inside Ticker: For more expert analysis and real-time updates on Intuit Inc. (NASDAQ: INTU) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #Intuit #INTU #EarningsCall #Q32025 #Fintech #AI #TurboTax #QuickBooks #CreditKarma #RevenueGrowth #FinancialResults #StockMarket #InsideTicker