Intuit Inc (MEX:INTU)
MXN 4,644 +94 (+2.07%) Market Cap: 1.26 Tn Enterprise Value: 1.23 Tn PE Ratio: 15.88 PB Ratio: 3.49 GF Score: 89/100

Intuit Inc at Mizuho Technology Conference Transcript

Jun 09, 2026 / 05:50PM GMT
Release Date Price: MXN5120 (-3.87%)
Samad Samana
Jefferies LLC - Equity Analyst

All right.

Just, I mean, in your recent Q3 results just came out, you talked about weakness in the tax business, turbo tax business, and in terms of your expectation for the fiscal year, you lowered it to 7% from 7.5% to 8% previously.

Let's start with your puts and takes of the tax business.

Sandeep Aujla
Intuit Inc - Executive Vice President, Chief Financial Officer

Sure, maybe I'll start with what worked and then maybe I think the takes are what didn't work well for us this year. What we're really excited about right now is our continued growth in our assisted category. We grew 38% in customers, 36% revenue growth, and that's a really critical category for us. It's the category that we're newest in.

And it's the largest category in all of tax. It's actually, it's seven times larger than the DIY category itself.

And so we're very excited about our progress there. Two, we're really starting to emerge as a consumer platform. We grew our. TurboTax customers that started in

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