Intuit (INTU) official guidance

We expect a GAAP tax rate of approximately 27% in fiscal 2027.

GAAP diluted earnings per share is expected to be $20.12-$20.36, or a growth of 22%-24%, and non-GAAP diluted earnings per share is expected to be $22.88-$23.12, or growth of 23%-24%.

For the first quarter of fiscal 2027, we expect total company revenue growth of approximately 11%, GAAP diluted earnings per share of $1.71-$1.75, and non-GAAP diluted earnings per share of $2.44-$2.48, inclusive of a $1.48 impact from shared-based compensation expenses.

GAAP diluted earnings per share is expected to be $20.12-$20.36, or a growth of 22%-24%, and non-GAAP diluted earnings per share is expected to be $22.88-$23.12, or growth of 23%-24%.

For the first quarter of fiscal 2027, we expect total company revenue growth of approximately 11%, GAAP diluted earnings per share of $1.71-$1.75, and non-GAAP diluted earnings per share of $2.44-$2.48, inclusive of a $1.48 impact from shared-based compensation expenses.

Therefore, for fiscal 2027, we expect total company revenue of $23.279 billion-$23.512 billion, or growth of 9%-10%.

We expect Consumer segment revenue growth of 4%-6%.

We expect revenue to grow at a CAGR of 4%-8% over the next three years.

Credit Karma revenue growth should be 11%-13% as we continue to increase engagement and therefore monetization across the platform.

For Desktop Ecosystem, we expect revenue to decline in the low single digits, primarily due to continued migration of customers to online offerings, including QBO Advanced, where we can better serve their increasingly complex needs.

We expect Global Business Solutions segment revenue growth of 13%-14%.

We expect revenue to grow at a CAGR of 10%-15% over the next three years.

ProTax revenue growth should be approximately 2%, and we expect Mailchimp revenue growth to be flat to down 1% year-over-year, with higher effective prices expected to offset the increased churn.

ProTax revenue growth should be approximately 2%, and we expect Mailchimp revenue growth to be flat to down 1% year-over-year, with higher effective prices expected to offset the increased churn.

TurboTax revenue growth will be 2%-3%.

TurboTax Live revenue growth should be mid-teens with a deceleration due to fewer DIY upgrades to Assisted Tax following strong success over the last two years, as Sasan noted.

For the first quarter of fiscal 2027, we expect total company revenue growth of approximately 11%, GAAP diluted earnings per share of $1.71-$1.75, and non-GAAP diluted earnings per share of $2.44-$2.48, inclusive of a $1.48 impact from shared-based compensation expenses.

We are on track to be at 9% of revenue by fiscal 2028.

We now expect share-based compensation as a percentage of revenue to be 8% by fiscal 2030.

Based on our long-term projections, we are using a long-term non-GAAP tax rate of 24% for fiscal 2026 and fiscal 2027.