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Segment Information (Tables) | 12 Months Ended
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Jul. 31, 2025
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) | 2025 |  | 2024 |  | 2023
Net revenue: |  |  |  |  |
Global Business Solutions | $ | 11,077 |  |  | $ | 9,533 |  |  | $ | 8,038 |
Consumer | 4,870 |  |  | 4,445 |  |  | 4,135 |
Credit Karma | 2,263 |  |  | 1,708 |  |  | 1,634 |
ProTax | 621 |  |  | 599 |  |  | 561 |
Total net revenue | $ | 18,831 |  |  | $ | 16,285 |  |  | $ | 14,368 |
Segment cost of revenue and operating expenses: |  |  |  |  |
Global Business Solutions(1) | $ | 2,610 |  |  | $ | 2,376 |  |  | $ | 2,138 |
Consumer(1) | 1,084 |  |  | 952 |  |  | 785 |
Credit Karma(2) | 1,428 |  |  | 1,294 |  |  | 1,206 |
ProTax(1) | 88 |  |  | 79 |  |  | 72 |
Total segment cost of revenues and operating expenses | $ | 5,210 |  |  | $ | 4,701 |  |  | $ | 4,201 |
Operating income: |  |  |  |  |
Global Business Solutions | $ | 8,467 |  |  | $ | 7,157 |  |  | $ | 5,900 |
Consumer | 3,786 |  |  | 3,493 |  |  | 3,350 |
Credit Karma | 835 |  |  | 414 |  |  | 428 |
ProTax | 533 |  |  | 520 |  |  | 489 |
Total segment operating income | 13,621 |  |  | 11,584 |  |  | 10,167 |
Unallocated corporate items: |  |  |  |  |
Share-based compensation expense | (1,968) |  |  | (1,915) |  |  | (1,712) |
Other corporate expenses | (6,078) |  |  | (5,187) |  |  | (4,668) |
Amortization of acquired technology | (156) |  |  | (146) |  |  | (163) |
Amortization of other acquired intangible assets | (481) |  |  | (483) |  |  | (483) |
Restructuring charges (3) | (15) |  |  | (223) |  |  | — |
Total unallocated corporate items | (8,698) |  |  | (7,954) |  |  | (7,026) |
Total operating income | $ | 4,923 |  |  | $ | 3,630 |  |  | $ | 3,141 |
(1) For our Global Business Solutions, Consumer, and ProTax segments cost of revenues and operating expenses primarily include direct expenses related to selling and marketing, direct costs associated with our product and services offerings, and certain design and product management related costs. They exclude expenses that are recorded within unallocated corporate items, such as certain technology and customer success costs that support and benefit the overall platform and are managed at the corporate level. (2) For our Credit Karma segment cost of revenues and operating expenses include certain direct expenses related to selling and marketing, product development, and general and administrative and exclude expenses that are recorded within unallocated corporate items. (3) Restructuring charges for the twelve months ended July 31, 2024 include $25 million in share-based compensation expense associated with our restructuring plan. See Note 15, “Restructuring,” for more information. Revenue classified by significant service and product offerings was as follows:
| Twelve Months Ended July 31,
(In millions) | 2025 |  | 2024 |  | 2023
Net revenue: |  |  |  |  |
QuickBooks Online Accounting | $ | 4,120 |  |  | $ | 3,379 |  |  | $ | 2,849 |
Online Services | 4,182 |  |  | 3,513 |  |  | 2,910 |
Total Online Ecosystem | 8,302 |  |  | 6,892 |  |  | 5,759 |
QuickBooks Desktop Accounting | 1,672 |  |  | 1,575 |  |  | 1,211 |
Desktop Services and Supplies | 1,103 |  |  | 1,066 |  |  | 1,068 |
Total Desktop Ecosystem | 2,775 |  |  | 2,641 |  |  | 2,279 |
Global Business Solutions | 11,077 |  |  | 9,533 |  |  | 8,038 |
Consumer | 4,870 |  |  | 4,445 |  |  | 4,135 |
Credit Karma | 2,263 |  |  | 1,708 |  |  | 1,634 |
ProTax | 621 |  |  | 599 |  |  | 561 |
Total net revenue | $ | 18,831 |  |  | $ | 16,285 |  |  | $ | 14,368 |

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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 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: 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 3: 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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