TurboTax Maker Predicts Much Slower Revenue Growth Ahead

Intuit expects TurboTax revenue growth to slow to 2%–3% in fiscal 2027, down from 7% in 2026, per Reuters. CEO Goodarzi said price is now the top reason customers leave. Free-filing users fell from 8 million to 7 million. Intuit plans AI tools and a 17% staff cut to keep profits healthy despite the slowdown.