---
title: "Intuit's Credit Karma Revenue Drove Outperformance in Fiscal Q3, RBC Says"
description: "Intuit reported strong fiscal Q3 results, driven by $115 million in Credit Karma revenue exceeding expectations, according to RBC Capital Markets. The Consumer segment also outperformed by $53 million"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/241643131.md"
published_at: "2025-05-23T14:09:12.000Z"
---

# Intuit's Credit Karma Revenue Drove Outperformance in Fiscal Q3, RBC Says

> Intuit reported strong fiscal Q3 results, driven by $115 million in Credit Karma revenue exceeding expectations, according to RBC Capital Markets. The Consumer segment also outperformed by $53 million. TurboTax Live customers grew by 24%, with revenue up 47% due to effective tax strategies. RBC raised Intuit's price target to $850 from $760, maintaining an outperform rating, as shares rose over 8% recently.

Intuit delivered a "solid" fiscal Q3 from a "strong" tax season, with lower-quality Credit Karma revenue mainly driving the outperformance, RBC Capital Markets said in a note Friday.

The firm noted that Credit Karma revenue was $115 million above consensus, followed by the Consumer segment, which was ahead of consensus by $53 million.

RBC also noted that TurboTax Live customers increased 24% and revenue rose 47% due to "continued success of assist tax strategy."

The firm added that the company saw a robust monetization across simple and complex filers, boosting average revenue per return by 13%.

RBC raised its price target on Intuit to $850 from $760 and maintained its outperform rating.

The company's shares rose over 8% in recent trading.

### Related Stocks

- [INTU.US - Intuit](https://longbridge.com/en/quote/INTU.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 財捷的期權活動顯示出可能的看漲反轉信號 | 財捷期權活動信號顯示潛在的看漲反轉 | [Link](https://longbridge.com/en/news/275935163.md) |
| 自僱會計軟件（2026）：根據 Consumer365 的評選，QuickBooks 被評為英國自由職業者的最佳會計解決方案 | Consumer365 將 QuickBooks 評為英國自由職業者最高評分的會計軟件。評論強調了自僱專業人士對數字工具的日益需求，這些工具幫助他們管理税務義務並保持準確的記錄。QuickBooks 在可用性、符合英國税務規則和自動化能力方 | [Link](https://longbridge.com/en/news/275443150.md) |
| 財捷股票展望：華爾街對其是持看漲態度還是看跌態度？ | 財捷股票前景：華爾街是看漲還是看跌？ | [Link](https://longbridge.com/en/news/276062984.md) |
| 財捷推出新的 AI 驅動的企業套件建築版 | Intuit 推出了一款新的人工智能驅動的建築版企業套件，專為中型建築企業設計。該端到端的 ERP 解決方案整合了項目、財務和運營工作流程，增強了現金流並提供實時的績效可視化。它包括項目管理、預算增強和 AIA 風格的發票等功能。建築版是  | [Link](https://longbridge.com/en/news/275633483.md) |
| 財捷旗下的 Mailchimp 在全球範圍內擴展其電子商務營銷能力 | Intuit Inc. 已在全球範圍內擴展其 Mailchimp 平台，為電子商務企業引入了先進的營銷功能。新功能包括 SMS 和交易消息、網站跟蹤像素、全渠道營銷儀表板以及增強的遷移工具，現已在 185 個國家/地區提供。SMS 消息將在 | [Link](https://longbridge.com/en/news/275467176.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.