10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
INTUIT INC | |||
Ticker: INTU Fiscal Year: 2019 | |||
Consolidated Statements of Operations | |||
Period Ending July 31, 2019 10-K (Filed: Aug 30, 2019) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
July 31, 2019 | July 31, 2018 | July 31, 2017 | |
Net revenue: | |||
Total net revenue | $ 6,784 | 6,025 | 5,196 |
Costs and expenses: | |||
Cost of revenue: | |||
Amortization of acquired technology | 20 | 15 | 12 |
Selling and marketing | 1,927 | 1,631 | 1,415 |
Research and development | 1,233 | 1,186 | 998 |
General and administrative | 597 | 664 | 553 |
Amortization of other acquired intangible assets | 6 | 6 | 2 |
Total costs and expenses | 4,930 | 4,465 | 3,778 |
Operating income | 1,854 | 1,560 | 1,418 |
Interest expense | (15) | (20) | (31) |
Interest and other income, net | 42 | 26 | 3 |
Income before income taxes | 1,881 | 1,566 | 1,390 |
Income tax provision | 324 | 237 | 405 |
Net income | 1,557 | 1,329 | 985 |
Basic net income per share (in dollars per share) | 5.99 | 5.18 | 3.83 |
Shares used in basic per share calculations (in shares) | 260 | 256 | 257 |
Diluted net income per share (in dollars per share) | 5.89 | 5.09 | 3.78 |
Shares used in diluted per share calculations (in shares) | 264 | 261 | 261 |
Cash dividends declared per common share (in dollars per share) | 1.88 | 1.56 | 1.36 |
Product and Service | |||
Product | |||
Total net revenue | 1,623 | 1,624 | 1,483 |
Cost of revenue | 77 | 82 | 89 |
Service and other | |||
Total net revenue | 5,161 | 4,401 | 3,713 |
Cost of revenue | 1,070 | 881 | 709 |
External Links | |
INTUIT INC (INTU) Fiscal Year 2019 | |
Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |