Intuit hits a record milestone of $20 billion in revenue—and sets the stage for a strategic pullback

Intuit closed fiscal 2026 with $20 billion in annual revenue and reported Q4 revenue of $4.354 billion, exceeding analyst expectations. Despite these strong results and growth in its "Big Bets," the company faced a sharp stock decline after issuing fiscal 2027 guidance that was below Wall Street's estimate. Intuit framed this downward revision as a strategic reset to prioritize rebuilding customer acquisition.