🔹 Revenue: $3.8B (Est. $3.74B) 🟢; UP +20% YoY
🔹 Adj. EPS: $2.75 (Est. $2.66) 🟢; UP +38% YoY
🔹 Adj Oper Income: $1.02B; UP +39% YoY
FY26 Guide
🔹 Revenue: $21.0B–$21.2B (Est. $21.1B) 😐; UP +12–13% YoY
🔹 EPS (Non-GAAP): $22.98–$23.18 (Est. $22.99) 😐; UP +14–15% YoY
🔹 EPS (GAAP): $15.49–$15.69; UP +13–15% YoY
Segment Outlook:
🔹 Global Business Solutions: +14–15% (ex-Mailchimp +15.5–16.5%)
🔹 Consumer: +8–9% (TurboTax +8%, Credit Karma +10–13%, ProTax +2–3%)
FY25 Highlights
🔹 Revenue: $18.8B; UP +16% YoY
🔹 EPS (Non-GAAP): $20.15; UP +19% YoY
🔹 EPS (GAAP): $13.67; UP +31% YoY
🔹 Operating Income (GAAP): $4.9B; UP +36% YoY
🔹 Operating Income (Non-GAAP): $7.6B; UP +18% YoY
🔹 Credit Karma Revenue: $2.3B; UP +32% YoY
🔹 TurboTax Live Revenue: $2.0B; UP +47% YoY
🔹 Global Business Solutions Revenue: $11.1B; UP +16% YoY
🔹 Online Ecosystem Revenue: $8.3B; UP +20% YoY
Capital Allocation
🔹 Cash & Investments: $4.6B
🔹 Debt: $6.0B
🔹 Share Repurchases: $2.8B in FY25; New $3.2B authorization (total $5.3B available)
🔹 Dividend: $1.20/share (+15% YoY), payable Oct 17, 2025
CEO Commentary
🔸 CEO Sasan Goodarzi: “We had an exceptional FY25 with 20% Q4 growth and 16% full-year growth. AI agents and AI-enabled experts are powering success for consumers and businesses.”
🔸 CFO Sandeep Aujla: “Strong execution across platform, breakthrough adoption in assisted tax, and transformative AI agents drove growth and margin expansion.”