XML 49 R38.htm IDEA: XBRL DOCUMENT v3.25.3
Segment Information (Tables)
12 Months Ended
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)202520242023
Net revenue:  
Global Business Solutions$11,077 $9,533 $8,038 
Consumer7,754 6,752 6,330 
Total net revenue$18,831 $16,285 $14,368 
Segment cost of revenue and operating expenses (1):
Global Business Solutions
$2,601 $2,360 $2,134 
Consumer
1,994 1,740 1,482 
Total segment cost of revenues and operating expenses
$4,595 $4,100 $3,616 
Operating income:   
Global Business Solutions$8,476 $7,173 $5,904 
Consumer5,760 5,012 4,848 
Total segment operating income14,236 12,185 10,752 
Unallocated corporate items:   
Share-based compensation expense(1,968)(1,915)(1,712)
Other corporate expenses(6,693)(5,788)(5,253)
Amortization of acquired technology(156)(146)(163)
Amortization of other acquired intangible assets(481)(483)(483)
Restructuring charges (2)
(15)(223)— 
Total unallocated corporate items(9,313)(8,555)(7,611)
Total operating income$4,923 $3,630 $3,141 
(1)    Cost of revenues and operating expenses primarily include direct expenses related to selling and marketing, direct costs associated with our product and services offerings, certain data science and analytics related costs, 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)    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)202520242023
Net revenue:  
QuickBooks Online Accounting$4,120 $3,379 $2,849 
Online Services4,182 3,513 2,910 
Total Online Ecosystem8,302 6,892 5,759 
QuickBooks Desktop Accounting1,672 1,575 1,211 
Desktop Services and Supplies1,103 1,066 1,068 
Total Desktop Ecosystem2,775 2,641 2,279 
Global Business Solutions11,077 9,533 8,038 
TurboTax
4,933 4,508 4,178 
Credit Karma
2,200 1,645 1,591 
ProTax
621 599 561 
Consumer
7,754 6,752 6,330 
Total net revenue$18,831 $16,285 $14,368