Intuit vs Workday

Intuit QuickBooks Joins Muse for Small Business

Starting this week, businesses can connect their Intuit QuickBooks account to Muse, from Meta, giving them a new way to manage invoices, get paid, and get insights on their business.

8-K Financial Filing Analysis for Intuit (2026-08-25)

On August 25, 2026, Intuit Inc. filed a Form 8-K announcing its financial results for the fourth quarter and full fiscal year ended July 31, 2026, alongside forward-looking guidance. In addition to the earnings release, Intuit's Board of Directors declared a quarterly cash dividend of $1.38 per share. The dividend is scheduled to be paid on October 16, 2026, to stockholders of record as of October 8, 2026, reflecting the company's ongoing capital return strategy alongside its core financial reporting cycle.

• Intuit announced its fourth-quarter and fiscal year 2026 financial results along with forward guidance on August 25, 2026.
• The Board of Directors approved a cash dividend of $1.38 per share.
• The dividend is payable on October 16, 2026, to shareholders of record as of October 8, 2026.

10-K Financial Filing Analysis for Intuit (2026-09-09)

Intuit Inc. filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2026, outlining its financial performance, platform evolution, and organizational structure across its two primary reporting segments: Global Business Solutions (contributing 60% of total revenue) and Consumer (contributing 40%). The company detailed its ongoing transition toward an AI-driven expert platform, deploying autonomous AI agents and proprietary Generative AI Operating System (GenOS) capabilities across QuickBooks, TurboTax, Credit Karma, Mailchimp, and its enterprise offerings. The filing highlights restructuring initiatives launched in fiscal 2024 and 2026 designed to flatten organizational layers and reallocate capital toward core AI and mid-market expansion priorities.

• Revenue distribution for fiscal 2026 remained consistent, with the Global Business Solutions segment generating 60% and the Consumer segment generating 40% of consolidated net revenue, while international revenue represented approximately 8%.
• As of July 31, 2026, Intuit employed approximately 18,600 regular employees across seven countries, supplemented by an average of 12,300 seasonal employees during the peak tax period from January to April.
• As of January 30, 2026, the aggregate market value of Intuit common stock held by non-affiliates was approximately $135.6 billion (based on a closing price of $498.92), with 267,236 thousand voting common shares outstanding as of August 31, 2026.

8-K Financial Filing Analysis for Workday (2026-09-29)

On September 29, 2026, Workday announced organizational restructurings aimed at aligning team structures with strategic growth priorities, resulting in a reduction of approximately 2.5% of its workforce, concentrated primarily in its Product and Technology organization, along with select leased office space reductions. In connection with these restructuring actions, Workday expects to incur total pre-tax charges between $65 million and $80 million, consisting of $40 million to $55 million in cash severance and benefit costs, approximately $10 million in non-cash stock-based compensation, and around $15 million in non-cash lease impairment charges. Workday reiterated its previously issued fiscal 2027 third quarter and full-year financial guidance, modifying only its GAAP operating margin expectations to reflect these restructuring charges (Q3 GAAP operating margin expected to be 20 to 21 percentage points lower than non-GAAP; full-year GAAP operating margin approximately 19 percentage points lower). Workforce reductions are anticipated to be substantially complete by Q1 FY2028, while office space reductions should finish by Q4 FY2027.

• Workday is cutting approximately 2.5% of its workforce, predominantly within the Product and Technology division, alongside select leased office space reductions.
• Estimated total restructuring charges of $65 million to $80 million ($55 million to $70 million in Q3 FY2027 and $10 million in Q4 FY2027), including $40 million to $55 million in cash severance expenditures.
• Reiterated Q3 and full-year FY2027 financial guidance, while lowering GAAP operating margin expectations relative to non-GAAP by 20-21 percentage points in Q3 and ~19 percentage points for the full year.

Workday Named a Leader in 2026 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Eleventh Consecutive Year

Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for HR, finance, and IT, has been named a Leader in the Gartner Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for the eleventh consecutive year.