$INTU (+0,7ย %) | Intuit Q1 Earnings Highlights:
๐น Adjusted EPS: $2.50 (Est. $2.35) ๐ข
๐น Revenue: $3.28B (Est. $3.14B) ๐ข; UP +10% YoY
Q2 Guidance:
๐น Revenue: $3.81B-$3.85B (Est. $3.88B) ๐ด; UP +13-14% YoY
๐น Adjusted EPS: $2.55-$2.61 (Est. $3.25) ๐ด
FY25 Guidance:
๐น Revenue: $18.16B-$18.35B (Est. $18.26B) ๐ก; UP +12-13% YoY
๐น Non-GAAP Operating Income: $7.24B-$7.32B; UP +13-14% YoY
๐น Non-GAAP EPS: $19.16-$19.36; UP +13-14% YoY
OTHER Q1 METRICS:
๐น Service Revenue: $2.89B
๐น Product/Other Revenue: $394M
๐น GAAP Net Income: $197M; DOWN -18% YoY
๐น Non-GAAP Operating Income: $953M; DOWN -1% YoY
๐น R&D Expenses: $704M (Est. $722.6M) ๐ก
Q1 SEGMENTS:
Global Business Solutions Group:
๐น Revenue: $2.50B; UP +9% YoY
๐น Online Ecosystem Revenue: $1.90B (Est. $1.97B) ๐ด; UP +20% YoY
๐น Desktop Ecosystem Revenue: $480M (Est. $580.7M) ๐ด; DOWN -17% YoY
๐ธ Credit Karma Revenue: $524M (Est. $430M) ๐ข; UP +29% YoY
๐ธ Consumer Group Revenue: $176M (Est. $168.6M) ๐ข; DOWN -6% YoY
๐ธ ProTax Group Revenue: $39M (Est. $37.6M) ๐ก; DOWN -7% YoY
Profitability Metrics:
๐น GAAP Operating Income: $271M; DOWN -12% YoY
๐น GAAP EPS: $0.70; DOWN -18% YoY
๐น Non-GAAP Operating Margin: 29.0% (Est. 28.6%) ๐ก
Cash Flow and Balance Sheet:
๐น Cash & Investments: $3.4B
๐น Total Debt: $6.1B
๐น Share Repurchases: $570M
๐น Quarterly Dividend: $1.04 per share (+16% YoY)
Management Commentary:
๐ธ CEO Sasan Goodarzi:
"We've had a strong start to the year as we demonstrate the power of Intuit's AI-driven expert platform strategy. By delivering 'done-for-you' experiences enabled by AI, we continue to fuel the success of consumers and businesses."