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Microsoft Excel LibreOffice Calc

Intuit Inc. (NASDAQ:INTU)


Common-Size Income Statement

Beginner level

Intuit Inc., common-size consolidated income statement

Microsoft Excel LibreOffice Calc
12 months ended Jul 31, 2019 Jul 31, 2018 Jul 31, 2017 Jul 31, 2016 Jul 31, 2015 Jul 31, 2014
Product
Service and other
Net revenue
Cost of product revenue
Cost of service and other revenue
Amortization of acquired technology
Cost of revenue
Gross profit
Selling and marketing
Research and development
General and administrative
Amortization of other acquired intangible assets
Goodwill and intangible asset impairment charges
Operating income from continuing operations
Interest expense
Interest and other income (expense), net
Income from continuing operations before income taxes
Income tax provision
Net income from continuing operations
Net income (loss) from discontinued operations
Net income

Based on: 10-K (filing date: 2019-08-30), 10-K (filing date: 2018-08-31), 10-K (filing date: 2017-09-01), 10-K (filing date: 2016-09-01), 10-K (filing date: 2015-09-01), 10-K (filing date: 2014-09-12).

Income statement item Description The company
Operating income from continuing operations The net result for the period of deducting operating expenses from operating revenues. Intuit Inc.’s operating income from continuing operations as a percentage of net revenue decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Income from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Intuit Inc.’s income from continuing operations before income taxes as a percentage of net revenue decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Intuit Inc.’s net income as a percentage of net revenue increased from 2017 to 2018 and from 2018 to 2019.