Discontinued — last reported Q1 '23

Products & Services · Net revenue:

Service and other — Net revenue:

Intuit Service and other — Net revenue: increased by 123.3% to $5.44B in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $5.08B to $5.44B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2023
Rolls up toTotal Revenue

How to read this metric

An increase indicates successful cross-selling of professional services or higher adoption of value-added support offerings, while a decrease may signal reduced demand for premium service tiers.

Detailed definition

This metric represents the total revenue generated from the company's service-based offerings, excluding core product su...

Peer comparison

Comparable to 'Professional Services Revenue' or 'Service-based Revenue' in other SaaS and financial technology companies.

Metric ID: intu_segment_service_and_other_net_revenue

Historical Data

7 periods
 Q1 '21Q3 '21Q4 '21Q1 '22Q3 '22Q4 '22Q1 '23
Value$3.64B$1.61B$2.15B$5.08B$2.17B$2.43B$5.44B
QoQ Change-55.8%+33.4%+136.4%-57.3%+12.2%+123.3%
YoY Change+39.5%+34.8%+13.3%+7.0%
Range$1.61B$5.44B
CAGR+30.6%
Avg YoY Growth+23.7%
Median YoY Growth+24.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Intuit's service and other — net revenue:?
Intuit (INTU) reported service and other — net revenue: of $5.44B in Q1 2023.
How has Intuit's service and other — net revenue: changed year-over-year?
Intuit's service and other — net revenue: increased by 7.0% year-over-year, from $5.08B to $5.44B.
What does service and other — net revenue: mean?
Total revenue earned from providing professional services and specialized support solutions.