Intuit is separating Mailchimp out and guiding it to zero growth

Intuit has reclassified Mailchimp as a separate operating segment, forecasting fiscal-2027 revenue of $1.256-$1.266 billion, representing flat to –1% growth. The rest of Intuit’s businesses grew 14% in FY 2026, delivering $21.4 billion revenue and 20% GAAP operating income increase, while FY 2027 guidance targets $23.279-$23.512 billion, a 9-10% rise. A $293 million restructuring charge appears in Q4 without detail, and Intuit’s “Big Bets” claim of 34% contribution lacks disclosed components.