CLAIM #32841 · Intuit Inc (INTU) · 2026Q1 earnings call · Nov 20, 2025

“In terms of getting to double digits, it takes a mix of both customers across the smaller customers as well as the mid-market customers. We have good momentum, and it's really going to be around early calendar year and springtime that we'll have a solid read on the Mailchimp progress.”

Sandeep Aujla · CFO

How to check this claim

Look at: Mailchimp segment revenue growth rate (year-over-year), as disclosed in company reporting

It came true if: Mailchimp revenue growth reaches double digits (>=10% YoY) as reported for a quarter in spring calendar 2026 (Feb-Apr period, i.e., Intuit's fiscal Q3)

Where: Intuit quarterly earnings release / 10-Q segment disclosures and earnings call commentary on Mailchimp performance

Knowable after: 2026-05-31

In context

“to double digits by year-end, is that something that could be accomplished solely through middle market improvement, or does this have to broaden out and also include some of the smaller customers coming back to the fold as well? Thank you. Sandeep Singh Aujla: Hey, Daniel. Mailchimp, we've taken a number of strategic steps that I feel really confident about. As you mentioned, we have scaled the mid-market sales team to build upon the momentum we have in that segment. We've improved the product experience and the onboarding flow across all customer segments. And now we're scaling up the go-to-market efforts, and those efforts, in addition to adding to the mid-market sales team, are dialing up the marketing on the platform, which we had dialed down while we were working on the product fix. In terms of getting to double digits, it takes a mix of both customers across the smaller customers as well as the mid-market customers. We have good momentum, and it's really going to be around early calendar year and springtime that we'll have a solid read on the Mailchimp progress. Daniel Jester: Okay. Thank you very much. Sandeep Singh Aujla: Absolutely. You're welcome. Operator: We'll move next to Aleksandr J. Zukin of Wolfe Research. Line is open. Please go ahead. Aleksandr J. Zukin: Hey, Thanks for taking the questions and I apologize for the background noise. I guess maybe can you speak to some of the margin leverage and efficiencies that you're seeing from deploying some increasing AI leverage and just any other efficiencies that you're seeing that are durable given continued outperformance on margins to that we're seeing now for I think, like the third or fourth straight quarter. Anything you can add there would be super helpful. Sandeep Singh Aujla: Hey, Alex. We continue to feel really confident about the ability as an organization to continue to scale marg”

Verify independently

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