Q2: 2026-02-26 Earnings Summary
EPS of $4.15 beats by $0.47
| Revenue of $4.65B (17.36% Y/Y) beats by $118.79M
Intuit Inc. (INTU) Morgan Stanley Technology, Media & Telecom Conference 2026 March 2, 2026 1:00 PM EST
Company Participants
Sasan Goodarzi – CEO, President & Chairman
Conference Call Participants
Keith Weiss – Morgan Stanley, Research Division
Presentation
Keith Weiss
Morgan Stanley, Research Division
Excellent. Thank you, everyone, for joining us. My name is Keith Weiss. I run the U.S. equity research franchise covering software here at Morgan Stanley.
And really pleased to start out my conference talking with Intuit CEO, Sasan Goodarzi. Sasan, thank you so much for joining us.
Sasan Goodarzi
CEO, President & Chairman
Thank you for having me. Happy Monday, everybody.
Question-and-Answer Session
Keith Weiss
Morgan Stanley, Research Division
Excellent. So maybe to start off, you guys just reported Q2 results last week. A really impressive set of results. Beat revenues — almost every segment, beat revenues. Operating margins came in well ahead of expectations. EPS, you beat EPS by 12.5%. Can you talk to us about what’s going on under the hood? Like what are the developments that you guys are seeing thus far in your fiscal year that’s enabling you to put up those results, to beat on the top line and bring more leverage and beat on the bottom line the way that you did?
Sasan Goodarzi
CEO, President & Chairman
Yes. Sure. So just as context, we ended our last fiscal year growing 16%. And to Keith’s question, first half of the year, we actually grew 18%, and Q2, which is what we just announced, was 17% top line growth.
And really, the drivers were across the entire business. Our Business platform grew 18%. And within our Business platform, a key metric we look at, which is one of the company’s big bets, is mid-market. That grew 40%. And our Consumer platform grew 15%.
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