Filing Flows › Intuit (INTU) › Q3 FY26 › vs Q2 FY26
Intuit (INTU) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Intuit's revenue rose $3.9B (+84%) from $4.7B in Q2 FY26 to $8.6B in Q3 FY26. The biggest changes: Service +$3.9B (+100%); Product and other +$20.0M (+3%). Operating margin 47.0% against 18.4% (+28.6 pts).
Intuit, Q3 FY26: revenue $8.6B (+10% year over year), operating margin 47.0%, net earnings $3.1B, operating cash flow $5.3B. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Operating margin | 47.0% | 18.4% | +28.6 pts |
| Net margin | 35.8% | 14.9% | +20.9 pts |
| Free cash flow margin | 61.2% | 32.8% | +28.4 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Service | $7.8B | $3.9B | $3.9B | +100% |
| Product and other | $799M | $779M | $20.0M | +3% |
| Revenue | $8.6B | $4.7B | $3.9B | +84% |
| Other income, net | $27.0M | $14.0M | $13.0M | +93% |
| Operating profit | $4.0B | $855M | $3.2B | +370% |
| Costs & expenses | $4.5B | $3.8B | $742M | +20% |
| Pre-tax earnings | $4.0B | $869M | $3.2B | +366% |
| Research & development | $840M | $836M | $4.0M | +0.5% |
| Sales & marketing | $1.8B | $1.4B | $398M | +29% |
| General & admin | $409M | $401M | $8.0M | +2% |
| Other operating costs | $1.5B | $1.2B | $332M | +29% |
| Net earnings | $3.1B | $693M | $2.4B | +342% |
| Income tax | $983M | $176M | $807M | +459% |
| Depreciation & amortization | $167M | $165M | $2.0M | +1% |
| Share-based compensation | $485M | $521M | −$36.0M | -7% |
| Working capital & other | $1.6B | $191M | $1.4B | +729% |
| Operating cash flow | $5.3B | $1.6B | $3.7B | +238% |
| Free cash flow (OCF − capex) | $5.2B | $1.5B | $3.7B | +244% |
| Capital expenditures | $64.0M | $46.0M | $18.0M | +39% |
Questions
How much did Intuit's revenue grow quarter over quarter in Q3 FY26?
Intuit's revenue rose $3.9B (+84%) from $4.7B in Q2 FY26 to $8.6B in Q3 FY26.
What drove Intuit's revenue change in Q3 FY26?
Service +$3.9B (+100%); Product and other +$20.0M (+3%).