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: 2021 | |||
Consolidated Statements of Operations | |||
Period Ending July 31, 2021 10-K (Filed: Sept 8, 2021) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
July 31, 2021 | July 31, 2020 | July 31, 2019 | |
Net revenue: | |||
Net revenue: | $ 9,633 | 7,679 | 6,784 |
Costs and expenses: | |||
Cost of revenue: | |||
Amortization of acquired technology | 50 | 22 | 20 |
Selling and marketing | 2,644 | 2,048 | 1,927 |
Research and development | 1,678 | 1,392 | 1,233 |
General and administrative | 982 | 679 | 597 |
Amortization of other acquired intangible assets | 146 | 6 | 6 |
Total costs and expenses | 7,133 | 5,503 | 4,930 |
Operating income | 2,500 | 2,176 | 1,854 |
Interest expense | (29) | (14) | (15) |
Interest and other income, net | 85 | 36 | 42 |
Income before income taxes | 2,556 | 2,198 | 1,881 |
Income tax provision | 494 | 372 | 324 |
Net income | 2,062 | 1,826 | 1,557 |
Basic net income per share (in dollars per share) | 7.65 | 6.99 | 5.99 |
Shares used in basic per share calculations (in shares) | 270 | 261 | 260 |
Diluted net income per share (in dollars per share) | 7.56 | 6.92 | 5.89 |
Shares used in diluted per share calculations (in shares) | 273 | 264 | 264 |
Cash dividends declared per common share (in dollars per share) | 2.36 | 2.12 | 1.88 |
Product and Service | |||
Product | |||
Net revenue: | 1,698 | 1,635 | 1,623 |
Cost of Goods and Services Sold | 69 | 72 | 77 |
Service and other | |||
Net revenue: | 7,935 | 6,044 | 5,161 |
Cost of Goods and Services Sold | 1,564 | 1,284 | 1,070 |
External Links | |
INTUIT INC (INTU) Fiscal Year 2021 | |
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 |