Credit Karma grew revenue 16% as Intuit closed out its fiscal year with double-digit growth across the board

Intuit closed its fiscal 2026 year with fourth-quarter revenue of $4.4 billion for the period ended July 31, 2026, up 14% from a year earlier, and GAAP diluted earnings per share of $1.34. GAAP operating income rose to $475 million from $339 million in the same quarter last year, a jump that outpaced revenue growth and points to the company converting top-line gains into disproportionately more profit.

The standout segment was Credit Karma, Intuit’s consumer credit-monitoring and financial-recommendations business, which posted quarterly revenue of $743 million, up 16% year over year. The company attributed the gain specifically to personal loans, auto insurance and credit cards — the referral categories where Credit Karma earns fees by matching its users with lenders and insurers based on their credit profile. That a fourth-quarter period, which falls outside the core U.S. tax season that drives Intuit’s TurboTax business, still produced double-digit Credit Karma growth suggests the segment’s lending and insurance referral flywheel is running independently of Intuit’s seasonal tax-software cycle.

Intuit has spent the years since acquiring Credit Karma in 2020 trying to weave it into the rest of its consumer and small-business software stack — QuickBooks, TurboTax and Mailchimp — with the aim of using Credit Karma’s underwriting-adjacent data and lender relationships to cross-sell financial products to users of Intuit’s other tools. Fourth-quarter growth concentrated in personal loans, auto insurance and credit cards indicates that lender and insurer demand for Credit Karma’s matching engine remains strong even outside tax season, though the business remains sensitive to the same consumer-credit-appetite cycles that affect any lead-generation model tied to lending.

The operating-income growth outpacing revenue growth (the increase from $339 million to $475 million is roughly 40%, against 14% revenue growth) is worth flagging for what it implies about cost discipline: Intuit grew profit substantially faster than sales in the quarter, a combination that typically reflects either easing customer-acquisition costs, operating leverage from AI-driven automation across its platforms, or some mix of both. Together with Credit Karma’s growth, the results describe a company whose non-tax-season businesses are increasingly capable of carrying meaningful growth on their own.