QBO revenue reached $519 million in the most recently ended period, compared to $392 million a year earlier. Over revenue was slightly higher than $2 billion, up from $1.3 billion for last year’s corresponding period.
Net income was $228 million, rising 15.2 percent from $198 million.
Credit Karma revenue was $518 million, which CEO Sasan Goodarzi described in the company’s recently earnings webcast as “another record quarter”. Intuit did not disclose the year-ago quarterly revenue for Credit Karma. However, its did report the acquired company had fiscal 2021 revenue of $865 million.
Intuit completed the acquisition of Mailchimp on November 1. The company did not disclose Mailchimp results but noted it plans to ouse the operation to develop a marketing automation, CRM and eCommerce suite for mid-market customers.