Intuit Q2 2025 Earnings Report

Intuit reported strong second-quarter results for fiscal 2025, showcasing revenue growth and improved profitability.

Key Takeaways

Intuit delivered strong financial results for Q2 FY25 with a 17% increase in revenue, driven by growth in key business segments like the Global Business Solutions Group and Credit Karma. The company also posted higher operating income and EPS, reflecting improved profitability.

Total revenue grew 17% to $4.0 billion.

Non-GAAP diluted EPS increased 26% to $3.32.

Operating income rose 61% to $593 million.

Credit Karma revenue grew 36% to $511 million.

Total Revenue

$3.96B

Previous year: $3.39B

+17.0%

EPS

$3.32

Previous year: $2.63

+26.2%

Debt

$6.3B

Share Repurchase

$721M

Quarterly Dividend

$1.04

Cash and Equivalents

$2.44B

Previous year: $1.49B

+63.5%

Intuit Revenue

Intuit EPS

Intuit Revenue by Segment

Forward Guidance

Intuit expects continued revenue growth of 12-13% for fiscal year 2025, with improvements in operating income and EPS.

Positive Outlook

Revenue growth guidance of 12% to 13%.
Global Business Solutions Group expected to grow by 16% to 17%.
Online Ecosystem revenue growth forecasted at 20%.
Non-GAAP EPS guidance between $19.16 to $19.36.
Consumer Group revenue expected to grow 7% to 8%.

Challenges Ahead

ProTax Group revenue growth only projected at 3% to 4%.
Desktop Ecosystem revenue growth expected in low single digits.
Higher operating costs anticipated.
Debt levels of $6.3 billion remain.
Potential risks related to global macroeconomic uncertainties.