{"id":1342,"date":"2018-04-25T13:20:01","date_gmt":"2018-04-25T20:20:01","guid":{"rendered":"http:\/\/intuitblog.com\/?p=1342"},"modified":"2022-11-09T13:47:06","modified_gmt":"2022-11-09T21:47:06","slug":"intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range","status":"publish","type":"post","link":"https:\/\/www.intuit.com\/blog\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/","title":{"rendered":"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range"},"content":{"rendered":"

Intuit\u00a0today released the second and final update for its fiscal year 2018 consumer tax offerings. Season-to-date through April 21, total TurboTax Online units increased 6 percent, and total TurboTax units rose 4 percent versus the comparable prior-year period.<\/p>\n

With these tax season results, Intuit now expects full-year fiscal 2018 Consumer Group revenue growth of 12 to 13 percent, exceeding the high end of the previous guidance range of 7 to 9 percent.<\/p>\n

\u201cWe executed well this season, and are excited that we are already seeing some of our investments pay off by accelerating our top line growth,\u201d said Michelle Clatterbuck, Intuit\u2019s chief financial officer. \u201cAs we\u2019ve shared, this has been a year of increased investments in key areas including artificial intelligence and machine learning capabilities, Amazon Web Services migration, streamlined software development, and enhanced brand and marketing effectiveness.\u201d<\/p>\n

Tax Unit Results<\/strong><\/p>\n

\u201cWe delivered a strong tax season, growing the do-it-yourself software category and simultaneously gaining share,\u201d said Dan Wernikoff, executive vice president and general manager of Intuit\u2019s Consumer Group. \u201cThroughout the season, we executed across our portfolio of tax preparation offerings, delivering confidence to our customers that TurboTax has a solution to meet their needs regardless of the ease or complexity of their taxes.\u201d<\/p>\n

Season-to-date TurboTax Federal Unit Data<\/strong><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n
<\/td>\nSeason through<\/strong><\/p>\n

April 21, 2018<\/strong><\/td>\n

Season through<\/strong><\/p>\n

April 22, 2017<\/strong><\/td>\n

Change<\/strong><\/p>\n

\u00a0Year-Over-Year<\/strong><\/td>\n<\/tr>\n

TurboTax Desktop<\/td>\n5,030,000<\/td>\n5,295,000<\/td>\n-5%<\/td>\n<\/tr>\n
TurboTax Online<\/td>\n29,814,000<\/td>\n28,113,000<\/td>\n\u00a06%<\/td>\n<\/tr>\n
Sub-total TurboTax Units<\/strong><\/td>\n34,844,000<\/strong><\/td>\n33,408,000<\/strong><\/td>\n\u00a04%<\/strong><\/td>\n<\/tr>\n
TurboTax Free File Alliance<\/td>\n1,169,000<\/td>\n1,206,000<\/td>\n-3%<\/td>\n<\/tr>\n
Total TurboTax<\/strong><\/p>\n

Units<\/strong><\/td>\n

36,013,000<\/strong><\/td>\n34,614,000<\/strong><\/td>\n\u00a04%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u201cTurboTax Live delivered a great new experience in its debut season, expanding the TurboTax brand to address the needs of filers seeking the complete confidence of having a tax pro by their side.\u00a0 We successfully implemented technology to deliver a virtual assisted tax preparation experience while operationalizing nearly 2,000 certified tax pros. With what we learned in our first year, we are confident in long-term opportunities that TurboTax Live presents to grow our dollar share of the tax preparation market,\u201d said Wernikoff.<\/p>\n

The company is scheduled to report third quarter fiscal 2018 results on May 22.<\/p>\n","protected":false},"excerpt":{"rendered":"

Intuit\u00a0today released the second and final update for its fiscal year 2018 consumer tax offerings. Season-to-date through April 21, total TurboTax Online units increased 6 percent, and total TurboTax units rose 4 percent versus the comparable prior-year period. With these tax season results, Intuit now expects full-year fiscal 2018 Consumer Group revenue growth of 12<\/p>\n","protected":false},"author":128776340,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rkv_browse_by_id":0,"rkv_cta_id":0,"rkv_optimize_for_pagespeed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"useModifiedDate":false,"customPublishDate":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1392],"tags":[1420,4517],"intuit_collection":[],"intuit_series":[],"coauthors":[237496056],"class_list":["post-1342","post","type-post","status-publish","format-standard","hentry","category-news-social","tag-earnings","tag-taxes"],"yoast_head":"\nIntuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range - Intuit Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.intuit.com\/blog\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range - Intuit Blog\" \/>\n<meta property=\"og:description\" content=\"Intuit\u00a0today released the second and final update for its fiscal year 2018 consumer tax offerings. Season-to-date through April 21, total TurboTax Online units increased 6 percent, and total TurboTax units rose 4 percent versus the comparable prior-year period. With these tax season results, Intuit now expects full-year fiscal 2018 Consumer Group revenue growth of 12\" \/>\n<meta property=\"og:url\" content=\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/\" \/>\n<meta property=\"og:site_name\" content=\"Intuit Blog\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-25T20:20:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-09T21:47:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/intuitblog.com\/wp-content\/uploads\/2023\/06\/intuit-logo-white.Intuit_Logo_WhiteonSuperBlue_1400x600.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"aa251549\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"aa251549\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/\"},\"author\":{\"name\":\"Intuit Blog Team\",\"@id\":\"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/cee581aae3774965176f857cfe151971\"},\"headline\":\"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range\",\"datePublished\":\"2018-04-25T20:20:01+00:00\",\"dateModified\":\"2022-11-09T21:47:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/\"},\"wordCount\":336,\"commentCount\":0,\"keywords\":[\"Earnings\",\"Taxes\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/\",\"url\":\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/\",\"name\":\"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range - Intuit Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.intuit.com\/blog\/#website\"},\"datePublished\":\"2018-04-25T20:20:01+00:00\",\"dateModified\":\"2022-11-09T21:47:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/cee581aae3774965176f857cfe151971\"},\"breadcrumb\":{\"@id\":\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/intuitblog.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.intuit.com\/blog\/#website\",\"url\":\"https:\/\/www.intuit.com\/blog\/\",\"name\":\"Intuit Blog\",\"description\":\"Powering Financial Prosperity\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.intuit.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/cee581aae3774965176f857cfe151971\",\"name\":\"Intuit Blog Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0f4da45c94b9deb2869010de4271e0fdcb829fe775921deed099837bd52c8d0b?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0f4da45c94b9deb2869010de4271e0fdcb829fe775921deed099837bd52c8d0b?s=96&d=identicon&r=g\",\"caption\":\"Intuit Blog Team\"},\"url\":\"https:\/\/www.intuit.com\/blog\/author\/ekipptheoutcastagencycom\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range - Intuit Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.intuit.com\/blog\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/","og_locale":"en_US","og_type":"article","og_title":"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range - Intuit Blog","og_description":"Intuit\u00a0today released the second and final update for its fiscal year 2018 consumer tax offerings. Season-to-date through April 21, total TurboTax Online units increased 6 percent, and total TurboTax units rose 4 percent versus the comparable prior-year period. With these tax season results, Intuit now expects full-year fiscal 2018 Consumer Group revenue growth of 12","og_url":"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/","og_site_name":"Intuit Blog","article_published_time":"2018-04-25T20:20:01+00:00","article_modified_time":"2022-11-09T21:47:06+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/intuitblog.com\/wp-content\/uploads\/2023\/06\/intuit-logo-white.Intuit_Logo_WhiteonSuperBlue_1400x600.png","type":"image\/png"}],"author":"aa251549","twitter_card":"summary_large_image","twitter_misc":{"Written by":"aa251549","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/#article","isPartOf":{"@id":"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/"},"author":{"name":"Intuit Blog Team","@id":"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/cee581aae3774965176f857cfe151971"},"headline":"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range","datePublished":"2018-04-25T20:20:01+00:00","dateModified":"2022-11-09T21:47:06+00:00","mainEntityOfPage":{"@id":"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/"},"wordCount":336,"commentCount":0,"keywords":["Earnings","Taxes"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/","url":"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/","name":"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range - Intuit Blog","isPartOf":{"@id":"https:\/\/www.intuit.com\/blog\/#website"},"datePublished":"2018-04-25T20:20:01+00:00","dateModified":"2022-11-09T21:47:06+00:00","author":{"@id":"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/cee581aae3774965176f857cfe151971"},"breadcrumb":{"@id":"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/intuitblog.com\/news-social\/intuit-reports-6-percent-increase-in-turbotax-online-units-raises-full-year-consumer-group-guidance-range\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/intuitblog.com\/"},{"@type":"ListItem","position":2,"name":"Intuit Reports 6 Percent Increase in TurboTax Online Units: Raises Full-year Consumer Group Guidance Range"}]},{"@type":"WebSite","@id":"https:\/\/www.intuit.com\/blog\/#website","url":"https:\/\/www.intuit.com\/blog\/","name":"Intuit Blog","description":"Powering Financial Prosperity","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.intuit.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/cee581aae3774965176f857cfe151971","name":"Intuit Blog Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.intuit.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0f4da45c94b9deb2869010de4271e0fdcb829fe775921deed099837bd52c8d0b?s=96&d=identicon&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0f4da45c94b9deb2869010de4271e0fdcb829fe775921deed099837bd52c8d0b?s=96&d=identicon&r=g","caption":"Intuit Blog Team"},"url":"https:\/\/www.intuit.com\/blog\/author\/ekipptheoutcastagencycom\/"}]}},"header_image":"","jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/paMY30-lE","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/posts\/1342","targetHints":{"allow":["GET","POST","PUT","PATCH"]}}],"collection":[{"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/users\/128776340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/comments?post=1342"}],"version-history":[{"count":3,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/posts\/1342\/revisions"}],"predecessor-version":[{"id":1346,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/posts\/1342\/revisions\/1346"}],"wp:attachment":[{"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/media?parent=1342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/categories?post=1342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/tags?post=1342"},{"taxonomy":"intuit_collection","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/intuit_collection?post=1342"},{"taxonomy":"intuit_series","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/intuit_series?post=1342"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.intuit.com\/blog\/wp-json\/wp\/v2\/coauthors?post=1342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}