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$INTU (-0,33 %) | Intuit Q1 Earnings Highlights:


🔹 Adjusted EPS: $2.50 (Est. $2.35) 🟢

🔹 Revenue: $3.28B (Est. $3.14B) 🟢; UP +10% YoY


Q2 Guidance:

🔹 Revenue: $3.81B-$3.85B (Est. $3.88B) 🔴; UP +13-14% YoY

🔹 Adjusted EPS: $2.55-$2.61 (Est. $3.25) 🔴


FY25 Guidance:

🔹 Revenue: $18.16B-$18.35B (Est. $18.26B) 🟡; UP +12-13% YoY

🔹 Non-GAAP Operating Income: $7.24B-$7.32B; UP +13-14% YoY

🔹 Non-GAAP EPS: $19.16-$19.36; UP +13-14% YoY


OTHER Q1 METRICS:

🔹 Service Revenue: $2.89B

🔹 Product/Other Revenue: $394M

🔹 GAAP Net Income: $197M; DOWN -18% YoY

🔹 Non-GAAP Operating Income: $953M; DOWN -1% YoY

🔹 R&D Expenses: $704M (Est. $722.6M) 🟡


Q1 SEGMENTS:

Global Business Solutions Group:

🔹 Revenue: $2.50B; UP +9% YoY

🔹 Online Ecosystem Revenue: $1.90B (Est. $1.97B) 🔴; UP +20% YoY

🔹 Desktop Ecosystem Revenue: $480M (Est. $580.7M) 🔴; DOWN -17% YoY


🔸 Credit Karma Revenue: $524M (Est. $430M) 🟢; UP +29% YoY

🔸 Consumer Group Revenue: $176M (Est. $168.6M) 🟢; DOWN -6% YoY

🔸 ProTax Group Revenue: $39M (Est. $37.6M) 🟡; DOWN -7% YoY


Profitability Metrics:

🔹 GAAP Operating Income: $271M; DOWN -12% YoY

🔹 GAAP EPS: $0.70; DOWN -18% YoY

🔹 Non-GAAP Operating Margin: 29.0% (Est. 28.6%) 🟡


Cash Flow and Balance Sheet:

🔹 Cash & Investments: $3.4B

🔹 Total Debt: $6.1B

🔹 Share Repurchases: $570M

🔹 Quarterly Dividend: $1.04 per share (+16% YoY)


Management Commentary:

🔸 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."

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