Shares of Intuit Inc. (NASDAQ: INTU) plunged more than 7% in after-hours trading Tuesday, August 25, 2026, after the financial-software giant issued disappointing fiscal 2027 guidance that overshadowed better-than-expected fourth-quarter results.
The parent company of TurboTax, QuickBooks, Credit Karma, and Mailchimp reported fiscal fourth-quarter adjusted earnings of $4.03 per share on revenue of $4.354 billion, both topping consensus estimates of $3.58 and $4.27 billion, respectively. Online Ecosystem revenue climbed 17% to $2.6 billion, with QuickBooks Online Accounting up 20%.
However, investors focused on the company’s forward outlook. Intuit projected fiscal 2027 revenue growth of just 9%-10%, a sharp deceleration from the 14% growth posted in fiscal 2026. First-quarter adjusted EPS guidance of $2.44-$2.48 also spooked markets, though the company said the drop was largely driven by a revised stock-based compensation accounting method rather than deteriorating fundamentals.
Mailchimp emerged as the weak link, with the segment projected to see revenue decline as much as 1% or stay flat in fiscal 2027. Other units fared better, with Global Business Solutions expected to grow 13%-14% and Credit Karma 11%-13%.
The selloff wiped out roughly $6.9 billion in market value, based on Intuit’s pre-earnings capitalization. Shares had already closed down 2.98% at $358.91 during Tuesday’s regular session, before extending losses after the bell. Despite the drop, Wall Street’s average price target of $446.02 still implies significant upside, though several analysts had trimmed estimates ahead of the report.
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