10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

INTUIT INC

Ticker: INTU   Fiscal Year: 2020

Consolidated Statements of Operations

Period Ending July 31, 2020 10-K (Filed: Aug 31, 2020)

(In Millions)
 12 Months Ended12 Months Ended12 Months Ended
 July 31, 2020July 31, 2019July 31, 2018
Net revenue:
Total net revenue
$
7,679
6,7846,025
Costs and expenses:
Cost of revenue:
Amortization of acquired technology222015
Selling and marketing2,0481,9271,631
Research and development1,3921,2331,186
General and administrative679597664
Amortization of other acquired intangible assets666
Total costs and expenses5,5034,9304,465
 
Operating income2,1761,8541,560
 
Interest expense(14)(15)(20)
Interest and other income, net364226
Income before income taxes2,1981,8811,566
 
Income tax provision372324237
Net income1,8261,5571,329
 
Basic net income per share (in dollars per share)6.995.995.18
Shares used in basic per share calculations (in shares)261260256
Diluted net income per share (in dollars per share)6.925.895.09
Shares used in diluted per share calculations (in shares)264264261
Cash dividends declared per common share (in dollars per share)2.121.881.56
Product and Service
Product
Total net revenue1,6351,6231,624
Cost of revenue727782
Service and other
Total net revenue6,0445,1614,401
Cost of revenue1,2841,070881
External Links 
INTUIT INC (INTU) Fiscal Year 2020
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