(Intuit) Intuit Inc. reported revenue of $2.6 billion in the fourth quarter of 2021, an uptick of 41% from the comparable quarter of 2020.
For the full year 2021, revenue was $9.6 billion, up 25% year over year.
Operating income was $402 million in the fourth quarter, down 17% from the fourth quarter of 2020. FY21 GAAP operating income was $2.5 billion, up 15%.
GAAP earnings per share was $1.37 in the fourth quarter, down 18% year over year. FY21 GAAP earnings per share was $7.56, up 9% year over year.
In the fourth quarter Credit Karma revenue hit a record $405 million.
Intuit now projects revenue of $11.05 billion to $11.20 billion and GAAP operating income of $2.605 billion to $2.680 billion in FY22.
FY22 GAAP diluted EPS is expected to post a decline of 1% to a growth of 1% or between $7.46 to $7.66, respectively.
INTU: NASDAQ is up +2.16% on premarket.
