Filing Flows › Intuit (INTU) › Q4 FY26 › vs Q3 FY26
Intuit (INTU) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Intuit's revenue fell $4.2B (-49%) from $8.6B in Q3 FY26 to $4.4B in Q4 FY26. The biggest changes: Service −$4.0B (-51%); Product and other −$228M (-29%). Operating margin 10.9% against 47.0% (-36.1 pts).
Intuit, Q4 FY26: revenue $4.4B (+14% year over year), operating margin 10.9%, net earnings $363M, operating cash flow $1.3B. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Operating margin | 10.9% | 47.0% | -36.1 pts |
| Net margin | 8.3% | 35.8% | -27.5 pts |
| Free cash flow margin | 29.9% | 61.2% | -31.2 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Service | $3.8B | $7.8B | −$4.0B | -51% |
| Product and other | $571M | $799M | −$228M | -29% |
| Revenue | $4.4B | $8.6B | −$4.2B | -49% |
| Other income, net | $65.0M | $27.0M | $38.0M | +141% |
| Operating profit | $475M | $4.0B | −$3.5B | -88% |
| Costs & expenses | $3.9B | $4.5B | −$659M | -15% |
| Pre-tax earnings | $540M | $4.0B | −$3.5B | -87% |
| Research & development | $857M | $840M | $17.0M | +2% |
| Sales & marketing | $1.3B | $1.8B | −$529M | -30% |
| General & admin | $391M | $409M | −$18.0M | -4% |
| Other operating costs | $1.4B | $1.5B | −$129M | -9% |
| Net earnings | $363M | $3.1B | −$2.7B | -88% |
| Income tax | $177M | $983M | −$806M | -82% |
| Depreciation & amortization | $175M | $167M | $8.0M | +5% |
| Share-based compensation | $507M | $485M | $22.0M | +5% |
| Working capital & other | $286M | $1.6B | −$1.3B | -82% |
| Operating cash flow | $1.3B | $5.3B | −$4.0B | -75% |
| Free cash flow (OCF − capex) | $1.3B | $5.2B | −$3.9B | -75% |
| Capital expenditures | $27.0M | $64.0M | −$37.0M | -58% |
Questions
How much did Intuit's revenue grow quarter over quarter in Q4 FY26?
Intuit's revenue fell $4.2B (-49%) from $8.6B in Q3 FY26 to $4.4B in Q4 FY26.
What drove Intuit's revenue change in Q4 FY26?
Service −$4.0B (-51%); Product and other −$228M (-29%).