Intuit Shares Drop 8% Following Soft FY 2027 Revenue Guidance Despite Q4 Beat

Financial software firm Intuit reported fourth-quarter revenue that surpassed Wall Street expectations, but its stock dropped sharply in extended trading after the company issued a full-year revenue outlook that trailed analyst projections.

For the fourth quarter, Intuit generated $4.35 billion in revenue, marking a 14 percent increase compared to the same period a year earlier. The figure beat average consensus estimates from Wall Street analysts, who had forecasted revenue of $4.27 billion for the quarter.

Despite the solid top-line performance in Q4, investor sentiment turned negative following the release of the company's long-term projections. Intuit forecasted revenue growth for fiscal year 2027 to fall between 9 percent and 10 percent.

The full-year forecast came in below consensus expectations, as market analysts had anticipated fiscal year 2027 revenue expansion of approximately 11 percent.

Following the disclosure of the conservative full-year guidance, shares of Intuit fell more than 8 percent in after-hours trading, offsetting gains from the enterprise software maker's Q4 revenue beat.

The financial metrics and forward guidance were first reported by The Wall Street Journal and documented on Techmeme on August 25, 2026.