Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Intuit’s Q2 Earnings Call: Our Top 5 Analyst Questions

INTU Cover Image

Intuit’s second quarter was marked by strong revenue growth and margin expansion, but the market reacted negatively to the results, reflecting concerns about the company’s forward outlook. Management attributed the solid performance to robust customer adoption of its AI-enabled business platform and new features in products like TurboTax Live and Credit Karma. CEO Sasan Goodarzi emphasized that “years of investments in data, data services, AI and human intelligence, coupled with strong execution against our AI-driven expert platform strategy fueled these outstanding results.” The company also highlighted successful expansion into mid-market business customers and increased engagement in its virtual team of AI agents.

Is now the time to buy INTU? Find out in our full research report (it’s free).

Intuit (INTU) Q2 CY2025 Highlights:

  • Revenue: $3.83 billion vs analyst estimates of $3.75 billion (20.3% year-on-year growth, 2.1% beat)
  • Adjusted EPS: $2.75 vs analyst estimates of $2.66 (3.4% beat)
  • Adjusted Operating Income: $1.02 billion vs analyst estimates of $1.01 billion (26.5% margin, 0.9% beat)
  • Revenue Guidance for Q3 CY2025 is $3.76 billion at the midpoint, below analyst estimates of $3.82 billion
  • Adjusted EPS guidance for the upcoming financial year 2026 is $23.08 at the midpoint, in line with analyst estimates
  • Operating Margin: 8.8%, up from -4.7% in the same quarter last year
  • Billings: $3.89 billion at quarter end, up 21.2% year on year
  • Market Capitalization: $185 billion

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Intuit’s Q2 Earnings Call

  • Sitikantha Panigrahi (Mizuho) asked how management is addressing Mailchimp headwinds and leveraging AI search trends; CEO Sasan Goodarzi said strong U.S. and mid-market customer growth offsets international and Mailchimp pressures, and AI search currently has minimal impact but is a long-term focus.
  • Keith Weiss (Morgan Stanley) questioned when AI agent monetization would impact revenues; Goodarzi replied that while customer engagement is high, monetization is not embedded in near-term guidance, with benefits expected further out.
  • Alexander Wexler Markgraff (KeyBanc Capital Markets) requested details on Intuit Enterprise Suite priorities; Goodarzi highlighted mining the 800,000 eligible customers, expanding accountant partnerships, and broadening the product’s reach within one year of launch.
  • Taylor Anne McGinnis (UBS) asked about the durability of recent online ecosystem acceleration; CFO Sandeep Aujla attributed it to mid-market scaling and recent product launches, but cautioned that guidance assumes reduced pricing uplift versus last year.
  • Brent John Thill (Jefferies) pressed for a timeline on Mailchimp’s return to growth; Aujla explained that small business product improvements are underway, but revenue recovery will lag by several quarters due to subscription dynamics.

Catalysts in Upcoming Quarters

Looking ahead, the StockStory team will be monitoring (1) the pace of AI agent adoption and monetization across core business segments, (2) Mailchimp’s progress in improving small business usability and returning to growth, and (3) continued momentum in mid-market customer acquisition and deeper product engagement. Execution on these fronts—especially driving Mailchimp’s turnaround and demonstrating tangible AI-driven revenue gains—will be critical to Intuit’s ability to deliver on its strategic objectives.

Intuit currently trades at $662.13, down from $697.75 just before the earnings. Is there an opportunity in the stock?See for yourself in our full research report (it’s free).

The Best Stocks for High-Quality Investors

Donald Trump’s April 2025 "Liberation Day" tariffs sent markets into a tailspin, but stocks have since rebounded strongly, proving that knee-jerk reactions often create the best buying opportunities.

The smart money is already positioning for the next leg up. Don’t miss out on the recovery - check out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

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