Adobe Inc. (ADBE)

Nasdaq: ADBE · Services-Prepackaged Software · San Jose, CA · filing with the SEC since 1994

Grade6.5

◀ Past 7.8● Present 7.6▶ Future 4.7

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in November.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Nov 28, 2025	Nov 29, 2024	Dec 1, 2023	Dec 2, 2022	Dec 3, 2021	Nov 27, 2020	Nov 29, 2019	Nov 30, 2018	Dec 1, 2017	Dec 2, 2016
Report filed	Jan 15, 2026	Jan 13, 2025	Jan 17, 2024	Jan 17, 2023	Jan 21, 2022	Jan 15, 2021	Jan 21, 2020	Jan 25, 2019	Jan 22, 2018	Jan 20, 2017
Revenue	23,769,000	21,505,000	19,409,000	17,606,000	15,785,000	12,868,000	11,171,000^r	9,030,000^r	7,301,505	5,854,430
Cost of revenue	2,551,000	2,358,000	2,354,000	2,165,000	1,865,000	1,722,000	1,673,000^r	1,195,000^r	1,010,491	819,908
Gross profit	21,218,000	19,147,000	17,055,000	15,441,000	13,920,000	11,146,000	9,498,000^r	7,835,000^r	6,291,014	5,034,522
Sales and marketing	6,488,000	5,764,000	5,351,000	4,968,000	4,321,000	3,591,000	3,244,000^r	2,621,000^r	2,197,592	1,910,197
General and administrative	1,573,000	1,529,000	1,413,000	1,219,000	1,085,000	968,000	881,000^r	745,000^r	624,706	576,202^r
Total operating expenses	12,512,000	12,406,000	10,405,000	9,343,000	8,118,000	6,909,000	6,230,000^r	4,995,000^r	4,122,919	3,540,920
Operating income	8,706,000	6,741,000	6,650,000	6,098,000	5,802,000	4,237,000	3,268,000^r	2,840,000^r	2,168,095	1,493,602
Interest expense	263,000	169,000	113,000	112,000	113,000	116,000	157,000^r	89,000^r	74,402	70,442
Interest and investment income	264,000	341,000	269,000	61,000	17,000	43,000	68,000^r	93,000^r	66,069	47,340
Other income (expense), net	248,000	311,000	246,000	·	·	·	·	·	83	29
Total non-operating income (expense)	28,000	190,000	149,000	-90,000	-97,000	-61,000	-63,000^r	-46,000^r	-30,454	-58,464
Income before income taxes	8,734,000	6,931,000	6,799,000	6,008,000	5,705,000	4,176,000	3,205,000^r	2,794,000^r	2,137,641	1,435,138
Income tax expense	1,604,000	1,371,000	1,371,000	1,252,000	883,000	-1,084,000	254,000^r	203,000^r	443,687	266,356
Net income	7,130,000	5,560,000	5,428,000	4,756,000	4,822,000	5,260,000	2,951,000^r	2,591,000^r	1,693,954	1,168,782
Earnings per share, basic	16.73	12.43	11.87	10.13	10.10	10.94	6.07	5.28	3.43	2.35
Earnings per share, diluted	16.70	12.36	11.82	10.10	10.02	10.83	6.00	5.20	3.38	2.32
Weighted average shares, basic	426,200	447,100	457,100	469,500	477,300	480,900	486,300^r	490,600^r	493,632	498,345
Weighted average shares, diluted	427,000	449,700	459,100	470,900	481,000	485,500	491,600^r	497,800^r	501,123	504,299

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton ADBE · research, not advice