Intuit Inc. (INTU) Announces Financial Results for Fiscal Q2 2026

Intuit Inc. (NASDAQ:INTU) is one of the best cheap blue chip stocks to buy according to analysts. On February 26, Intuit Inc. (NASDAQ:INTU) announced financial results for fiscal Q2 2026, which ended January 31, 2026, reporting total revenue of $4.7 billion, up 17%. The company also grew Global Business Solutions revenue to $3.2 billion, up 18%, and grew Online Ecosystem revenue to $2.5 billion, up 21%. The Global Business Solutions revenue also rose 21%, excluding Mailchimp, while the Online Ecosystem revenue grew 25%.

Management further reported that Consumer revenue reached $1.5 billion, reflecting a 15% growth, while Credit Karma revenue and TurboTax revenue reached $616 million and $581 million, reflecting a growth of 23% and 12%, respectively. Intuit Inc. (NASDAQ:INTU) announced similar trends in GAAP operating income, which rose 44% to $855 million. Non-GAAP operating income was $1.5 billion, up 23%.

The company reiterated guidance for the full fiscal year 2026 and expects revenue of $20.997 billion to $21.186 billion, growth of approximately 12% to 13%. GAAP operating income is expected to be in the $5.782 billion to $5.859 billion range, with growth of approximately 17% to 19%.

Intuit Inc. (NASDAQ:INTU) provides business and financial management solutions. Its operations are divided into the following segments: Small Business and Self-Employed, Consumer, Credit Karma, and ProTax.

While we acknowledge the potential of INTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.