- 1QuickBooks Capital originated $1.9B in the quarter ended July 31, up 54%.
- 2Capital revenue growth slowed as more loans were sold via forward flow partners.
- 3Intuit is among the largest online small business lenders in the U.S.
Intuit's QuickBooks Capital originated $1.9 billion in business loans in the fourth quarter of fiscal 2026, which ended July 31.
On the quarterly earnings call, CFO Sandeep Aujla said revenue growth in capital continues to be driven by working capital loans to small businesses. Loan volume through QuickBooks Capital rose 54% to $1.9 billion in the quarter.
Why revenue growth slowed
Aujla attributed the Q4 deceleration in capital revenue growth to a deliberate increase in the share of loans Intuit sells through forward flow partners. Those loans carry a lower revenue yield.
Intuit is among the largest online small business lenders in the country.
Source reporting: deBanked.
