Segment Information (Tables)

6 Months Ended

Jan. 31, 2024

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, 2024		January 31, 2023		January 31, 2024		January 31, 2023
Net revenue:
Small Business & Self-Employed	$	2,245	$	1,897	$	4,589	$	3,885
Consumer	492		516		679		666
Credit Karma	375		375		780		800
ProTax	274		253		316		287
Total net revenue	$	3,386	$	3,041	$	6,364	$	5,638
Operating income:
Small Business & Self-Employed	$	1,323	$	1,031	$	2,815	$	2,219
Consumer	134		220		201		271
Credit Karma	64		96		170		190
ProTax	247		227		261		236
Total segment operating income	1,768		1,574		3,447		2,916
Unallocated corporate items:
Share-based compensation expense	(475)		(423)		(970)		(845)
Other corporate expenses	(768)		(719)		(1,487)		(1,401)
Amortization of acquired technology	(36)		(41)		(74)		(82)
Amortization of other acquired intangible assets	(120)		(121)		(240)		(242)
Total unallocated corporate items	(1,399)		(1,304)		(2,771)		(2,570)
Total operating income	$	369	$	270	$	676	$	346

Revenue classified by significant product and service offerings

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

	Three Months Ended				Six Months Ended
(In millions)	January 31, 2024		January 31, 2023		January 31, 2024		January 31, 2023
Net revenue:
QuickBooks Online Accounting	$	826	$	696	$	1,624	$	1,364
Online Services	862		695		1,682		1,376
Total Online Ecosystem	1,688		1,391		3,306		2,740
QuickBooks Desktop Accounting	256		215		632		527
Desktop Services and Supplies	301		291		651		618
Total Desktop Ecosystem	557		506		1,283		1,145
Small Business & Self-Employed	2,245		1,897		4,589		3,885
Consumer	492		516		679		666
Credit Karma	375		375		780		800
ProTax	274		253		316		287
Total net revenue	$	3,386	$	3,041	$	6,364	$	5,638