Intuit Provides FY2027 Revenue Guidance as It Shifts Investment Toward New Customer Growth
Intuit (NASDAQ:INTU) has provided revenue guidance for fiscal year 2027, projecting $23.279 billion to $23.512 billion in revenue. The company closed fiscal year 2026 with strong performance, reporting a 14% increase in full-year revenue and continued expansion of its operating margin. The growth was driven by Intuit's 'Big Bets' initiatives—assisted tax, money management, and mid-market services—which collectively grew at a 34% rate. These segments accounted for 30% of the company’s total revenue in fiscal year 2026. The guidance reflects an ongoing strategic shift to invest more heavily in new customer acquisition. The updated outlook signals confidence from Intuit's management and may influence investor sentiment around its long-term growth strategy, particularly as it focuses on expanding into high-growth areas.
Tickers: $INTU
Topics: big_bets_strategy operating_margin_expansion revenue_growth