CLAIM #32857 · Intuit Inc (INTU) · 2026Q2 earnings call · Feb 26, 2026

“We expect a GAAP tax rate of approximately 23% in fiscal 2026.”

Sandeep Aujla · CFO

How to check this claim

Look at: GAAP effective tax rate, fiscal year 2026

It came true if: GAAP tax rate between 22.0% and 24.0%

Where: Company GAAP income statement / effective tax rate disclosure (10-K or Q4 FY2026 earnings release)

Knowable after: 2026-08-31

In context

“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 achieving our Consumer Group guidance for the year. GAAP diluted earnings per share of $15.49 to $15.69, growth of 13% to 15% and non-GAAP diluted earnings per share of $22.98 to $23.18, growth of 14% to 15%. We expect a GAAP tax rate of approximately 23% in fiscal 2026. Our guidance for the third quarter of fiscal 2026 includes total company revenue growth of 10%, GAAP earnings per share of $10.56 to $10.62 and non-GAAP earnings per share of $12.45 to $12.51. You can find our full year 2026 and Q3 guidance details in our press release and on our fact sheet. With that, I'll turn it back over to Sasan. Sasan Goodarzi: Great. Thank you, Sandeep. We're excited about our progress and the momentum across our growth vectors and our opportunity to increase Intuit's total share of our $300 billion TAM. With that, let's open it up to your questions. Operator: [Operator Instructions] We'll go first today to Siti Panigrahi with Mizuho. Sitikantha Panigrahi: Sasan, you delivered a strong Q2 results, no doubt about it. But as you can see right now, the market is worri”

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SEC filings for INTU ↗ · Quote is verbatim from the 2026Q2 earnings call.