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CLAIM #32839 · Intuit Inc (INTU) · 2026Q1 earnings call · Nov 20, 2025

our productivity is significantly improving when we look at the last several quarters and we would expect to start adding more headcount in coming quarters.

Sasan Goodarzi · CEO

Verdict
PENDING
Direction
up
Magnitude
Due
Jul 31, 2026
Metric
company_kpi
Intensity
expects

How to check this claim

Look at: Total employee headcount (or sales/R&D headcount as disclosed), quarter over quarter

It came true if: Headcount higher than the prior quarter's reported figure in at least one of the next two quarters

Where: Company-disclosed headcount figures (10-Q/10-K or earnings call commentary)

Knowable after: 2026-07-31

In context

el going. In fact, we redirected a number of our internal sales folks above and beyond the 250 that you referred to, which I'll get to in a moment, that really are providing coverage across our large accounting firms. What you should look at is these are really best to come. We expect acceleration from these large partnerships that we've announced and many that are in the works to contribute to the back half of the year and into next year. Actually, not counting on that, but it's an important point to put out there, which is this is where the network effect comes in because we had the largest firms at Intuit Connect and I personally have been meeting with these large firms and they're blown away by our innovation and how they can use our platform to be able to drive accelerated growth and our productivity is significantly improving when we look at the last several quarters and we would expect to start adding more headcount in coming quarters. So those would be the way I would break down the answer to your question. We're really excited and bullish about what's possible. Operator: We'll move next to Brad Alan Zelnick of Deutsche Bank. Please go ahead. Your line is open. Brad Alan Zelnick: Great. Thanks so much and my congrats and Kim congrats on a fantastic run. It's been great and look forward to your next chapter. Maybe for you, can you talk us through any of the learnings that came out of this extension season on tax and those might apply to the season ahead? And maybe for Sandeep, saw the announcements around the TurboTax office footprint expanding which seems to clearly reflect leaning in on local search. How are you thinking about the investments necessary to sustain 15% to 20% assisted growth this year? And maybe how do

Verify independently

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