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Segment Information (Tables) | 6 Months Ended
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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 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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