Discontinued — last reported Q1 '23
Service and other — Cost of revenue
Intuit Service and other — Cost of revenue increased by 30.3% to $924.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 20.9%, from $764.00M to $924.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests declining service margins or rising operational complexity, whereas a decrease relative to revenue indicates improved service delivery efficiency.
Detailed definition
This metric measures the direct costs associated with delivering the company's service-based offerings, including person...
Peer comparison
Comparable to 'Cost of Services' or 'Cost of Professional Services' found in the income statements of software and technology service providers.
intu_segment_service_and_other_cost_of_revenueHistorical Data
| Q1 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $565.00M | $387.00M | $503.00M | $764.00M | $620.00M | $709.00M | $924.00M |
| QoQ Change | — | -31.5% | +30.0% | +51.9% | -18.8% | +14.4% | +30.3% |
| YoY Change | — | — | — | +35.2% | +60.2% | +41.0% | +20.9% |
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Frequently Asked Questions
- What is Intuit's service and other — cost of revenue?
- Intuit (INTU) reported service and other — cost of revenue of $924.00M in Q1 2023.
- How has Intuit's service and other — cost of revenue changed year-over-year?
- Intuit's service and other — cost of revenue increased by 20.9% year-over-year, from $764.00M to $924.00M.
- What does service and other — cost of revenue mean?
- The direct costs incurred to provide and maintain the company's professional services and support offerings.