Intuit Inc., US4612021034

Intuit launched Credit Karma Tax. Intuit stock slips 1.76 percent

Published on 10/23/2026 at 11:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sequence adds revenue tools on October 15, 2026. Intuit stock costs EUR 312.35 on October 23, 2026 versus EUR 317.95 at Xetra.

Credit Karma expands Intuit platform

Credit Karma Tax launched on October 20, 2026, with a USD 15.00 state filing fee.
Fiscal 2026 revenue reached USD 21.45 billion, up 14.00 percent year over year.
Intuit stock trades at EUR 312.35 at 11:01 a.m. CEST at Lang & Schwarz on October 23, 2026, 1.76 percent below the Xetra close of October 22, 2026.

Photorealistisches Fintech-Büro von Intuit Inc. mit Entwicklern an Finanzdashboards — Intuit Inc. Softwareentwickler arbeiten im modernen Büro mit Finanzdashboards und Monitoren, ISIN US4612021039, Illustration mit AI erstellt.

Intuit Inc. (ISIN US4612021034) stock trades at EUR 312.35 at Lang & Schwarz on October 23, 2026 at 11:01 a.m. CEST, down 1.76 percent versus the Xetra close of October 22, 2026 at EUR 317.95. Benzinga reported on October 20, 2026 that Intuit had launched Credit Karma Tax with free federal filing and a USD 15.00 flat fee per state return.

Three events reshape the platform

Intuit's fiscal 2026 revenue rose 14.00 percent year over year to USD 21.45 billion, according to FourWeekMBA, based on SEC filings. The company reported fiscal 2026 net income of USD 4.57 billion and operating profit of USD 5.88 billion.

On October 15, 2026, Intuit announced its agreement to acquire Sequence, an AI-native revenue management company. The deal adds quote-to-revenue tools for mid-market customers, while financial terms were not disclosed, according to Sequence.

What does the launch add?

Credit Karma Tax extends Intuit's consumer finance platform into tax preparation. The service offers free federal filing, a USD 15.00 state filing price and potential refund advances of up to USD 4,000.00, subject to eligibility, according to Benzinga. The product therefore connects tax preparation with Credit Karma's existing money management and credit tools.

Three dated company milestones

On July 31, 2026, Intuit closed fiscal 2026 with USD 21.45 billion in revenue. On October 15, 2026, it announced the Sequence transaction. On October 20, 2026, it launched Credit Karma Tax with a USD 15.00 state filing fee.

Two dates remain ahead

Intuit Connect is scheduled for October 26 through October 28, 2026, according to the company's homepage. The next earnings report is expected on November 19, 2026, after the close, according to Gekko.

Euro quote after Xetra close

The market picture combines a new consumer tax product with a broader push into mid-market financial software. Intuit's fiscal 2027 revenue guidance is USD 23.28 billion to USD 23.51 billion, implying growth of 9.00 percent to 10.00 percent after the 14.00 percent increase in fiscal 2026.

Intuit was trading at EUR 312.35 at Lang & Schwarz on October 23, 2026 at 11:01 a.m. CEST, 1.76 percent below the Xetra close of October 22, 2026 at EUR 317.95. The further course of trading is shown by the continuously updated real-time quote of Intuit stock.