CFO Sandeep Ajula said that QBE represented more than 50 percent of the company’s desktop QB business. The desktop segment product $256 million for the most recently ended quarter. If that percent is applied to the desktop segment for the year ended July 31, then QBE produced more than $550 million for fiscal 2023. Intuit has not provided even rough figures for revenue for QBE and reports results for the product in general terms. For the most recently ended quarter, Ajula said the percentage increase year-over-year for QBE was in “the mid teens” and for the coming period will rise in the “high single-digit range.” As Intuit continue shifting to the cloud-based QuickBooks online, QBE, the company's mid-market ERP application, seems likely to continue to grow. “We will continue to remaining (QuickBooks) Desktop Plus subscription customers—who tend to be more complex and higher value—to migrate seamlessly to either QBO or our QB Enterprise offering,” Ajula said. Second-quarter revenue for QBO rose 19 percent to $826 million from $696 million a year earlier. Company net income rose to $353 million, an increase of 110 percent from $168 million in last year’s corresponding period. Company revenue was $3.39 billion, an 11.3-percent increase from $3.04 billion.