TurboTax Maker Intuit’s Stock Jumps on Raised Outlook, Strong Earnings

Intuit (INTU) reported quarterly earnings that topped analysts’ expectations and raised its full-year outlook, sending shares higher in extended trading Thursday.

Intuit said it now expects full-year revenue between $18.72 billion and $18.76 billion, up from its prior forecast of $18.16 billion to $18.35 billion. The company forecast adjusted earnings per share of $20.07 to $20.12, up from $19.16 to $19.36 previously. Both measures surpassed Wall Street’s mean projections compiled by Visible Alpha.

The TurboTax and Credit Karma owner reported third-quarter revenue of $7.75 billion, up 15% year-over-year and above the analyst consensus. Adjusted net income of $3.28 billion, or $11.65 per share, rose from $2.8 billion, or $9.88 per share, in the year-ago quarter, also topping estimates. 

Intuit shares surged more than 8% in after-hours trading. The stock was up 6% for 2025 through Thursday’s close.