CLAIM #32852 · Intuit Inc (INTU) · 2026Q2 earnings call · Feb 26, 2026
“We maintain our aim to be in the market each quarter.”
Sandeep Aujla · CFO
How to check this claim
Look at: Occurrence of share repurchases (stock buybacks) executed during each fiscal quarter
It came true if: Company reports non-zero stock repurchase amount in each of the next quarterly reports through fiscal Q4 2026 (ending July 31, 2026)
Where: Quarterly cash flow statement / earnings release (share repurchase disclosure)
Knowable after: 2026-08-31
In context
“er the best experience, speed to money and best price for our customers. Now shifting to our balance sheet and capital allocation. Our financial principles guide our decisions. They remain our long-term commitment and are unchanged. As we have shared before, we are executing on opportunities to drive margin expansion over time given our disciplined approach to capital management and ongoing efficiency gains from leveraging AI and automation. We finished the quarter with approximately $3 billion in cash and investments and $6.2 billion in debt on our balance sheet. We repurchased $961 million of stock during the second quarter. Given the current stock price and our strong confidence in the momentum of our business, we are continuing to meaningfully increase our share repurchases this year. We maintain our aim to be in the market each quarter. The Board approved a quarterly dividend of $1.20 per share payable on April 17, 2026. This represents a 15% increase versus last year. Moving 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%. We have high confidence and a lot of momentum in achieving Global Business Solutions Group revenue guidance for the year. Our guidance also includes overall Consumer Group revenue growth of 8% to 9%. This outlook is supported by continued strength and momentum across the portfolio, including TurboTax growth of 8%, Credit Karma growth of 10% to 13% and ProTax growth of 2% to 3%, giving us high confidence in achievin”
Verify independently
SEC filings for INTU ↗ · Quote is verbatim from the 2026Q2 earnings call.