Intuit Expects TurboTax Revenue Growth to Slow Sharply in Fiscal 2027

Intuit projects TurboTax revenue growth of 2%–3% for fiscal 2027, down from 7% expected in 2026, per Reuters. CEO Goodarzi cited price as the top reason customers leave. Free-filing users dropped from 8 million to 7 million. The company bets AI productivity tools and a 17% workforce cut can protect profit margins despite slowing flagship growth.