Segment Information (Tables)

9 Months Ended

Apr. 30, 2023

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				Nine Months Ended
(In millions)	April 30, 2023		April 30, 2022		April 30, 2023		April 30, 2022
Net revenue:
Small Business & Self-Employed	$	2,021	$	1,667	$	5,906	$	4,691
Consumer	3,341		3,239		4,007		3,770
Credit Karma	410		468		1,210		1,330
ProTax	246		258		533		521
Total net revenue	$	6,018	$	5,632	$	11,656	$	10,312
Operating income:
Small Business & Self-Employed	$	1,122	$	836	$	3,322	$	2,530
Consumer	2,531		2,447		2,719		2,489
Credit Karma	111		104		301		414
ProTax	203		213		408		397
Total segment operating income	3,967		3,600		6,750		5,830
Unallocated corporate items:
Share-based compensation expense	(419)		(346)		(1,264)		(962)
Other corporate expenses	(610)		(696)		(1,878)		(1,828)
Amortization of acquired technology	(40)		(42)		(122)		(99)
Amortization of other acquired intangible assets	(120)		(121)		(362)		(295)
Total unallocated corporate items	(1,189)		(1,205)		(3,626)		(3,184)
Total operating income	$	2,778	$	2,395	$	3,124	$	2,646

Revenue classified by significant product and service offerings

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

	Three Months Ended				Nine Months Ended
(In millions)	April 30, 2023		April 30, 2022		April 30, 2023		April 30, 2022
Net revenue:
QuickBooks Online Accounting	$	723	$	578	$	2,087	$	1,644
Online Services	745		614		2,121		1,514
Total Online Ecosystem	1,468		1,192		4,208		3,158
QuickBooks Desktop Accounting	280		201		807		637
Desktop Services and Supplies	273		274		891		896
Total Desktop Ecosystem	553		475		1,698		1,533
Small Business & Self-Employed	2,021		1,667		5,906		4,691
Consumer	3,341		3,239		4,007		3,770
Credit Karma	410		468		1,210		1,330
ProTax	246		258		533		521
Total net revenue	$	6,018	$	5,632	$	11,656	$	10,312