CLAIM #32876 · Intuit Inc (INTU) · 2026Q3 earnings call · May 20, 2026

“As Sasan shared, we expect TurboTax Live customers to grow 38% this year, and revenue to grow 36%, well ahead of our stated long term growth expectations of 15% to 20%.”

Sandeep Aujla · CFO

How to check this claim

Look at: TurboTax Live customer growth (%) and TurboTax Live revenue growth (%) for the full fiscal year

It came true if: TurboTax Live customers grow >= 38% AND TurboTax Live revenue grows >= 36% year-over-year

Where: Intuit fiscal Q4/full-year earnings release and management commentary (10-K/Q4 call)

Knowable after: 2026-08-31

In context

“lts include revenue of $8.6 billion up 10% GAAP operating income of $4 billion versus $3.7 billion last year. Non GAAP operating income of $4.7 billion versus $4.3 billion last year, GAAP diluted earnings per share of $11.09 versus $10.02 a year ago and non-GAAP diluted earnings per share of $12.80 versus $11.65 last year, reflecting our overall disciplined approach to managing the business. Including continued AI efficiencies. Now turning to the business segments. Consumer platform revenue grew 8% in Q3, driven by TurboTax, which grew 7% and Credit Karma, which grew 15%. ProTax revenue was in line with last year. Beginning with TurboTax, while we did not have the overall tax season we expected, we made significant progress against our strategic growth of disrupting the assisted category. As Sasan shared, we expect TurboTax Live customers to grow 38% this year, and revenue to grow 36%, well ahead of our stated long term growth expectations of 15% to 20%. TurboTax Live will therefore represent 53% of total TurboTax revenue this year. These results reinforce our conviction in our strategy to deliver powerful done for you experiences for customers with a unique combination of AI, and AI driven human expertise. Overall, we expect total online paying units to grow 2%, this year on share gains from higher ARPU filers. We saw strong monetization across simple and complex filers, driving an expected 11% increase in ARPU as more customers chose our assisted offerings and faster access to refunds. In total, we expect to deliver more than $25 billion in refunds through our fast money offerings this year. Our priorities are clear. Build on our exceptional momentum in TurboTax Live, where we continue to see significant ARPU opportunity, and evolve our”

Verify independently

SEC filings for INTU ↗ · Quote is verbatim from the 2026Q3 earnings call.