Segment Information (Tables)

9 Months Ended

Apr. 30, 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				Nine Months Ended
(In millions)	April 30, 2022		April 30, 2021		April 30, 2022		April 30, 2021
Net revenue:
Small Business & Self-Employed	$	1,667	$	1,177	$	4,691	$	3,436
Consumer	3,239		2,445		3,770		2,711
Credit Karma	468		316		1,330		460
ProConnect	258		235		521		465
Total net revenue	$	5,632	$	4,173	$	10,312	$	7,072
Operating income:
Small Business & Self-Employed	$	836	$	620	$	2,530	$	1,979
Consumer	2,447		1,773		2,489		1,622
Credit Karma	104		117		414		155
ProConnect	213		196		397		358
Total segment operating income	3,600		2,706		5,830		4,114
Unallocated corporate items:
Share-based compensation expense	(346)		(218)		(962)		(509)
Other corporate expenses	(696)		(506)		(1,828)		(1,380)
Amortization of acquired technology	(42)		(14)		(99)		(35)
Amortization of other acquired intangible assets	(121)		(54)		(295)		(92)
Total unallocated corporate items	(1,205)		(792)		(3,184)		(2,016)
Total operating income	$	2,395	$	1,914	$	2,646	$	2,098

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, 2022		April 30, 2021		April 30, 2022		April 30, 2021
Net revenue:
QuickBooks Online Accounting	$	578	$	437	$	1,644	$	1,233
Online Services	614		278		1,514		747
Total Online Ecosystem	1,192		715		3,158		1,980
QuickBooks Desktop Accounting	201		193		637		594
Desktop Services and Supplies	274		269		896		862
Total Desktop Ecosystem	475		462		1,533		1,456
Small Business & Self-Employed	1,667		1,177		4,691		3,436
Consumer	3,239		2,445		3,770		2,711
Credit Karma	468		316		1,330		460
ProConnect	258		235		521		465
Total net revenue	$	5,632	$	4,173	$	10,312	$	7,072