Intuit vs. Block: 1 Fintech Stock Is Built for the Next Decade
- INTU
- XYZ
Fintech is entering a very different phase with artificial intelligence (AI). Both Intuit (INTU) and Block (XYZ) are expanding beyond their original products, pushing aggressively into AI, and have multiple ways to increase revenue from their existing user bases.
Only one of these names is built for the next decade, however. Let’s take a closer look.
More News from Barchart
-
GME Stock Jumps as GameStop CEO Ryan Cohen Buys $20 Million Worth of Shares
-
Foxconn Just Delivered a Major Bullish Signal for Nvidia Stock
-
Cathie Wood Just Bet $45 Million on This Beaten-Down Space Stock. Wall Street Sees 70% Upside.
The Case for Intuit (INTU)
Intuit is a financial software and services platform for consumers and businesses. Basically, it helps people manage taxes and money while helping businesses manage their finances and grow.
In the fintech race, Intuit has the more mature and predictable financial profile. The company ended fiscal 2026 with revenue growth of 14% and adjusted earnings growth of 20%. Intuit is no longer relying on TurboTax or QuickBooks alone to drive the business. Its three key “Big Bets” — Assisted Tax, Money, and Mid-Market — delivered combined growth of 34% and generated 30% of the company’s fiscal 2026 revenue. Notably, Online Money revenue increased 31%, while Mid-Market revenue rose 39% in the fiscal year. Intuit ended the year with 8.9 million Online paying customers.
The company’s strategy of acquiring a business early, then selling it accounting, payments, payroll, financing, and other services as it grows, seems to be working well. Management stated that businesses already manage $2.7 trillion of invoices through QuickBooks every year, while total online payment volume, including Bill Pay, increased 30% to more than $225 billion for the full fiscal year. In other words, Intuit doesn’t necessarily need massive customer growth if it can just increase the amount of financial activity generated by its various products from each customer.
AI is making this model even stronger. Intuit says millions of customers are already using its “AI-native experiences.” The company helped customers file 39 million tax returns and facilitated more than $120 billion in tax refunds during fiscal 2026. According to management, its AI-powered platform currently accounts for one out of every nine credit card and personal loan originations in the United States.
