CLAIM #32846 · Intuit Inc (INTU) · 2026Q1 earnings call · Nov 20, 2025

“And on CK, in the second half of the fiscal year, the comps do get harder as we lap prior year's strong performance.”

Sandeep Aujla · CFO

How to check this claim

Look at: Credit Karma segment revenue growth rate (YoY), second half of fiscal 2026 (Q3 and Q4)

It came true if: H2 FY2026 Credit Karma revenue growth rate lower than H1 FY2026 growth rate

Where: Company segment revenue disclosure (10-Q/10-K and quarterly earnings release)

Knowable after: 2026-08-31

In context

“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 your own application and use your Intuit Inc. intelligence capabilities, which also have sort of natural language answe”

Verify independently

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