CLAIM #32845 · Intuit Inc (INTU) · 2026Q1 earnings call · Nov 20, 2025

“The couple of things that I would point out that we do expect desktop to start decelerating in the second half as we go from the 6% we saw in Q1 likely will be, you know, near the mid-single digits for Q2, but then decelerate in the second half.”

Sandeep Aujla · CFO

How to check this claim

Look at: Desktop segment revenue year-over-year growth rate, second half of fiscal 2026 (Q3 and Q4)

It came true if: Second-half desktop revenue growth rate lower than the mid-single-digit rate reported for Q2 fiscal 2026

Where: Company segment revenue disclosures (10-Q/10-K and earnings call commentary)

Knowable after: 2026-08-31

In context

“additional color on the drivers of growth. Are there any segments where you're expecting growth to be more durable with the levels that we saw in 1Q or higher than implied in the full-year guide? Sandeep Singh Aujla: Hey, Taylor. In terms of the Q2 guide, it is a continuation of us continuing to execute on our strategy. The momentum that we saw in fiscal 2025 compared into fiscal 2026, you saw the Q1 results and you're seeing this in our Q2 guidance. Expect the momentum to continue its strength in GBSG online. We continue to expect strength in mid-market, continue to expect a CK offering to resonate with both partners and consumers. And on the TurboTax side, we're expecting similar to last several years that the IRS opens up towards the end of January. So that's our expectation going in. The couple of things that I would point out that we do expect desktop to start decelerating in the second half as we go from the 6% we saw in Q1 likely will be, you know, near the mid-single digits for Q2, but then decelerate in the second half. And on CK, in the second half of the fiscal year, the comps do get harder as we lap prior year's strong performance. But in the areas that are the key growth vectors for the company, you should expect us to continue to execute and continue to build upon the momentum. Taylor Anne McGinnis: Super helpful. Thank you guys so much. Operator: We'll move next to Arjun Rohit Bhatia of William Blair and Company. Your line is open. Please go ahead. Arjun Rohit Bhatia: Perfect. Thank you so much. Sasan, if I can just go back to the OpenAI partnership for a second. I know this is just about to come live, but I'm curious if you would just venture to take a guess on when do you think customers would use Intuit Inc. apps inside ChatGPT versus when they would use kind of core or use Intuit Inc. within yo”

Verify independently

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