Segment Information (Tables)

12 Months Ended

Jul. 31, 2024

Segment Reporting [Abstract]

Financial results by reportable segment and significant product and service

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

	Twelve Months Ended July 31,
(In millions)	2024		2023		2022
Net revenue:
Small Business & Self-Employed	$	9,533	$	8,038	$	6,460
Consumer	4,445		4,135		3,915
Credit Karma	1,708		1,634		1,805
ProTax	599		561		546
Total net revenue	$	16,285	$	14,368	$	12,726
Operating income:
Small Business & Self-Employed	$	5,748	$	4,581	$	3,520
Consumer	2,920		2,875		2,633
Credit Karma	414		428		531
ProTax	487		455		447
Total segment operating income	9,569		8,339		7,131
Unallocated corporate items:
Share-based compensation expense	(1,915)		(1,712)		(1,308)
Other corporate expenses	(3,172)		(2,840)		(2,696)
Amortization of acquired technology	(146)		(163)		(140)
Amortization of other acquired intangible assets	(483)		(483)		(416)
Restructuring charges (1)	(223)		—		—
Total unallocated corporate items	(5,939)		(5,198)		(4,560)
Total operating income	$	3,630	$	3,141	$	2,571

(1)    Includes $25 million in share-based compensation expense associated with our restructuring plan for the twelve months ended July 31, 2024. See Note 16, “Restructuring” for more information.

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

	Twelve Months Ended July 31,
(In millions)	2024		2023		2022
Net revenue:
QuickBooks Online Accounting	$	3,379	$	2,849	$	2,267
Online Services	3,513		2,910		2,171
Total Online Ecosystem	6,892		5,759		4,438
QuickBooks Desktop Accounting	1,389		1,110		851
Desktop Services and Supplies	1,252		1,169		1,171
Total Desktop Ecosystem	2,641		2,279		2,022
Small Business & Self-Employed	9,533		8,038		6,460
Consumer	4,445		4,135		3,915
Credit Karma	1,708		1,634		1,805
ProTax	599		561		546
Total net revenue	$	16,285	$	14,368	$	12,726