Segment Information (Tables)

6 Months Ended

Jan. 31, 2022

Segment Reporting [Abstract]

Financial results by reportable segment

The following table shows our financial results by reportable segment for the periods indicated.

	Three Months Ended				Six Months Ended
(In millions)	January 31, 2022		January 31, 2021		January 31, 2022		January 31, 2021
Net revenue:
Small Business & Self-Employed	$	1,581	$	1,078	$	3,024	$	2,259
Consumer	411		147		531		266
Credit Karma	444		144		862		144
ProConnect	237		207		263		230
Total net revenue	$	2,673	$	1,576	$	4,680	$	2,899
Operating income (loss):
Small Business & Self-Employed	$	773	$	592	$	1,694	$	1,359
Consumer	53		(155)		42		(151)
Credit Karma	141		38		310		38
ProConnect	195		172		184		162
Total segment operating income	1,162		647		2,230		1,408
Unallocated corporate items:
Share-based compensation expense	(336)		(180)		(616)		(291)
Other corporate expenses	(607)		(442)		(1,132)		(874)
Amortization of acquired technology	(42)		(14)		(57)		(21)
Amortization of other acquired intangible assets	(121)		(36)		(174)		(38)
Total unallocated corporate items	(1,106)		(672)		(1,979)		(1,224)
Total operating income (loss)	$	56	$	(25)	$	251	$	184

Revenue classified by significant product and service offerings

Revenue classified by significant product and service offerings was as follows:

	Three Months Ended				Six Months Ended
(In millions)	January 31, 2022		January 31, 2021		January 31, 2022		January 31, 2021
Net revenue:
QuickBooks Online Accounting	$	547	$	404	$	1,066	$	796
Online Services	574		240		900		469
Total Online Ecosystem	1,121		644		1,966		1,265
QuickBooks Desktop Accounting	169		160		436		401
Desktop Services and Supplies	291		274		622		593
Total Desktop Ecosystem	460		434		1,058		994
Small Business & Self-Employed	1,581		1,078		3,024		2,259
Consumer	411		147		531		266
Credit Karma	444		144		862		144
ProConnect	237		207		263		230
Total net revenue	$	2,673	$	1,576	$	4,680	$	2,899