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: 2022 | |||
Consolidated Statements of Operations | |||
Period Ending July 31, 2022 10-K (Filed: Sept 2, 2022) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
July 31, 2022 | July 31, 2021 | July 31, 2020 | |
Net revenue: | |||
Net revenue: | $ 12,726 | 9,633 | 7,679 |
Costs and expenses: | |||
Cost of revenue: | |||
Amortization of acquired technology | 140 | 50 | 22 |
Selling and marketing | 3,526 | 2,644 | 2,048 |
Research and development | 2,347 | 1,678 | 1,392 |
General and administrative | 1,460 | 982 | 679 |
Amortization of other acquired intangible assets | 416 | 146 | 6 |
Total costs and expenses | 10,155 | 7,133 | 5,503 |
Operating income | 2,571 | 2,500 | 2,176 |
Interest expense | (81) | (29) | (14) |
Interest and other income, net | 52 | 85 | 36 |
Income before income taxes | 2,542 | 2,556 | 2,198 |
Income tax provision | 476 | 494 | 372 |
Net income | 2,066 | 2,062 | 1,826 |
Basic net income per share (in dollars per share) | 7.38 | 7.65 | 6.99 |
Shares used in basic per share calculations (in shares) | 280 | 270 | 261 |
Diluted net income per share (in dollars per share) | 7.28 | 7.56 | 6.92 |
Shares used in diluted per share calculations (in shares) | 284 | 273 | 264 |
Cash dividends declared per common share (in dollars per share) | 2.72 | 2.36 | 2.12 |
Product and Service | |||
Product | |||
Net revenue: | 1,747 | 1,698 | 1,635 |
Cost of Goods and Services Sold | 69 | 69 | 72 |
Service and other | |||
Net revenue: | 10,979 | 7,935 | 6,044 |
Cost of Goods and Services Sold | 2,197 | 1,564 | 1,284 |
External Links | |
INTUIT INC (INTU) Fiscal Year 2022 | |
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 |