CLAIM #32859 · Intuit Inc (INTU) · 2026Q2 earnings call · Feb 26, 2026

“I feel super confident in our guide for the full year. I feel super confident in my ability to deliver the margin expansion for the full year.”

Sandeep Aujla · CFO

How to check this claim

Look at: Full-year operating margin (or margin expansion vs prior year), as guided

It came true if: Full-year reported operating margin expansion meets or exceeds the company's full-year guidance range given for this fiscal year

Where: Company income statement and management guidance commentary (10-K / Q4 earnings call)

Knowable after: 2026-09-15

In context

“o-end, particularly when you're making high stakes, high liability financial decisions, you need that HI plus AI working together. And we've been testing this actually in our business platform in the marketplace, a lineup that includes AI and HI. And I would tell you, this was my biggest surprise. I was pretty confident that they are there with our thesis. But the customer reaction has been tremendous, way out doing even our own expectation. And right now, we're thinking through how we incorporate this AI and HI into our lineup just by seeing how well the tests are resonating. So I just wanted to add that point to your question around AI and our differentiator. Now let me touch on the margins as well. Siti, you followed us for years, and we operate to delivering margins for the full year. I feel super confident in our guide for the full year. I feel super confident in my ability to deliver the margin expansion for the full year. And what you're seeing in Q3, a couple of things. One is we overdelivered Q2. As Sasan mentioned, it was a slow season to the -- slow start to the tax season. So you had some cost, marketing and customer success costs that move from Q2 to Q3. And secondly, as the teams looked at some of the tests, we saw a meaningful opportunity to shift some spend to maximize ROI into Q3. So that's really all that you're seeing in the guide. So taking into account the Q2 over delivery and the fact of our long tradition of ensuring we deliver margin for the full year, and I feel pretty good about it. Operator: We'll go next now to Brad Zelnick with Deutsche Bank. Nicholas Giovacchini: It's Nick on for Brad this evening. I'd actually like to build on Siti's question a bit here. When you're talking about th”

Verify independently

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