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CLAIM #32734 · Intuit Inc (INTU) · 2025Q1 earnings call · Nov 21, 2024 · due Jul 31, 2025

we continue to feel really solid about our guidance for the year. And as I look internally, how we are leveraging AI and how we work as a company, I see tremendous opportunities for us to continue to expand our margin.

Sandeep Aujla · CFO

PENDING
graded after results covering Jul 31, 2025 are reported

In context

ndustry has free software available to all Americans. Our perspective and my learning in terms of what's most important. The last thing that the new folks want to do is to add to that bureaucracy and to add investments in an area where the offerings already exist in private industry already serves it. With all that said, free is available to all consumers. And if tomorrow five new free tax offerings become available in the market, it does not have an impact on the structure of the market because free is a commodity for the do-it-yourself category. So I want to just opportunistically touch on that while I have the floor. Sandeep, I'll turn it over to you on EPS. Sandeep Aujla: Sure. Hey, Scott. On the EPS, one thing to keep in mind is that we always optimize our spend for the full year and we continue to feel really solid about our guidance for the year. And as I look internally, how we are leveraging AI and how we work as a company, I see tremendous opportunities for us to continue to expand our margin. Now let me address your question on Q2 specifically. This is a continuation and all on strategy on the things that we talked about as it relates to Q1. In the consumer group, we have continued our marketing opportunities. Historically, they would have started in the January time frame, and now they're starting they're continuing through November and December, which wasn't there the past year. Credit Karma is in a very different position this year. Last year, Q1, we were negative 5%. This year, 29%. We're seeing partners lean in, we are also leaning into our go-to-market and our marketing campaigns there and seeing exceptionally strong ROIs and payback periods there. And lastly, in the Global Business Solutions Group, we touched on the approximately 200 people that we have in the mid-marke

Verify independently

SEC filings for INTU · Claim quote is verbatim from the 2025Q1 earnings call.