Segment Information (Tables)

6 Months Ended

Jan. 31, 2021

The following table shows our financial results by reportable segment for the periods indicated. Segment results for fiscal 2020 have been reclassified to conform to the fiscal 2021 segment presentation, as described earlier in this footnote.


	Three Months Ended				Six Months Ended
(In millions)	January 31, 2021		January 31, 2020		January 31, 2021		January 31, 2020
Net revenue:
Small Business & Self-Employed	$	1,078	$	973	$	2,259	$	2,019
Consumer	147		499		266		599
ProConnect	207		224		230		243
Credit Karma	144		—		144		—
Total net revenue	$	1,576	$	1,696	$	2,899	$	2,861

Operating income (loss):
Small Business & Self-Employed	$	592	$	447	$	1,359	$	1,040
Consumer	(155)		191		(151)		171
ProConnect	172		186		162		168
Credit Karma	38		—		38		—
Total segment operating income	647		824		1,408		1,379
Unallocated corporate items:
Share-based compensation expense	(180)		(107)		(291)		(218)
Other corporate expenses	(442)		(440)		(874)		(866)
Amortization of acquired technology	(14)		(6)		(21)		(12)
Amortization of other acquired intangible assets	(36)		(1)		(38)		(3)

Total unallocated corporate items	(672)		(554)		(1,224)		(1,099)
Total operating income (loss)	$	(25)	$	270	$	184	$	280

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, 2021		January 31, 2020		January 31, 2021		January 31, 2020
Net revenue:
QuickBooks Online Accounting	$	404	$	330	$	796	$	636
Online Services	240		200		469		395
Total Online Ecosystem	644		530		1,265		1,031
QuickBooks Desktop Accounting	160		165		401		404
Desktop Services and Supplies	274		278		593		584
Total Desktop Ecosystem	434		443		994		988
Small Business & Self-Employed	1,078		973		2,259		2,019
Consumer	147		499		266		599
ProConnect	207		224		230		243
Credit Karma	144		—		144		—
Total net revenue	$	1,576	$	1,696	$	2,899	$	2,861