Intuit is moving Mailchimp out of its main business and into a segment of its own. The first standalone forecast it has ever published for the marketing tool is for no growth at all.
Mailchimp will bring in $1,256mn to $1,266mn in fiscal 2027, Intuit said on Tuesday. That range runs from minus 1% to zero.
The company set out the change in its fourth quarter results. From 1 August 2026 it began running Mailchimp as a separate operating segment. It becomes a separate reportable segment in fiscal 2027, and Intuit points readers to its investor fact sheet for the detail.
The rest of the company grew 14%
Intuit took $21.4bn in revenue over the year to 31 July, up 14%. GAAP operating income rose 20% to $5.9bn.
