Filing Flows › Intuit (INTU) › Q3 FY26
Intuit (INTU) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 20, 2026
Intuit (INTU) reported revenue of $8.6B for the third quarter fiscal 2026 (Q3 FY26), +10% from a year earlier and +84% from the quarter before. Operating margin was 47.0%, net earnings $3.1B (35.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.6B | +84% | +10% |
| Operating profit | $4.0B | +370% | +8% |
| Net earnings | $3.1B | +342% | +9% |
| Operating cash flow | $5.3B | +238% | +21% |
| Free cash flow | $5.2B | +244% | +20% |
What changed
Revenue was $8.6B in Q3 FY26, up 10% year over year and up 84% from the previous quarter. Service was the largest line at 91% of revenue. Service added $0.79B year over year (up 11%), 98% of the total change.
Operating profit was $4.0B, a 47.0% margin (down 1.0 points year over year). Of the extra revenue versus Q3 FY25, 37% reached operating profit, below the 48% margin then. Total costs grew 12% against revenue growth of 10%. The fastest-growing cost line was Research & development (+19%). Net earnings were $3.1B, up 9% year over year. The effective tax rate was 24.3%.
Operating cash flow was $5.3B (up 21% year over year), 173% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.48B of share-based compensation. Working capital and other items added $1.6B. Capital expenditures of $0.06B left free cash flow of $5.2B.
Questions
What was Intuit's revenue in the third quarter fiscal 2026?
Intuit (INTU) reported revenue of $8.6B for the third quarter fiscal 2026 (Q3 FY26), +10% from a year earlier and +84% from the quarter before.
Was Intuit profitable in the third quarter fiscal 2026?
Operating profit was $4.0B (47.0% of revenue) and net earnings $3.1B.
Source: Intuit 10-Q on SEC EDGAR.