CLAIM #32836 · Intuit Inc (INTU) · 2026Q1 earnings call · Nov 20, 2025

“We expect a GAAP tax rate of approximately 23% in fiscal 2026.”

Sandeep Aujla · CFO

How to check this claim

Look at: GAAP effective tax rate, fiscal year 2026

It came true if: GAAP tax rate between 22.0% and 24.0%

Where: Company income statement / fiscal 2026 10-K or Q4 earnings release

Knowable after: 2026-08-31

In context

“the market each quarter. The board approved a quarterly dividend of $1.20 per share payable on January 16, 2026. This represents a 15% increase versus last year. Moving on to guidance, we are reaffirming our fiscal 2026 guidance. This includes total company revenue of $20.997 billion to $21.186 billion, growth of 12% to 13%. Our guidance includes Global Business Solutions Group revenue growth of 14% to 15%, up 15.5% to 16.5% revenue growth excluding Mailchimp. Our guidance also includes overall Consumer Group revenue growth of 8% to 9%, including TurboTax growth of 8%, Credit Karma growth of 10% to 13%, and Protex growth of 2% to 3%. GAAP diluted earnings per share of $15.49 to $15.69, growth of 13% to 15%, and non-GAAP diluted earnings per share of $22.98 to $23.18, growth of 14% to 15%. We expect a GAAP tax rate of approximately 23% in fiscal 2026. Our guidance for 2026 includes total company revenue growth of 14% to 15%, GAAP earnings per share of $1.76 to $1.81, and non-GAAP earnings per share of $3.63 to $3.68. You can find our full fiscal 2026 and Q2 guidance details in our press release and on our fact sheet. Before I turn it over to Sasan, I want to share that Kimberly Anderson Watkins has made the decision to leave Intuit Inc. to pursue a new opportunity outside the company. This will be her last earnings call. I want to take a moment to thank her for her tremendous contributions and partnership over the years. She's built a strong, highly respected Investor Relations team and has strengthened our relationship with the investment community in meaningful ways. Jeff Koehler, who has been a key part of the team, will step in as”

Verify independently

SEC filings for INTU ↗ · Quote is verbatim from the 2026Q1 earnings call.