Adobe Balance Sheet

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 27, 2026	Nov '25 Nov 28, 2025	Nov '24 Nov 29, 2024	Dec '23 Dec 1, 2023	Dec '22 Dec 2, 2022	Dec '21 Dec 3, 2021
Cash & Equivalents	6,332	5,431	7,613	7,141	4,236	3,844
Short-Term Investments	558	1,164	273	701	1,860	1,954
Cash & Short-Term Investments	6,890	6,595	7,886	7,842	6,096	5,798
Cash Growth	-7.33%	-16.37%	0.56%	28.64%	5.14%	-3.24%
Accounts Receivable	2,092	2,344	2,072	2,224	2,065	1,878
Other Current Assets	1,404	1,224	1,274	1,018	835	993
Total Current Assets	10,386	10,163	11,232	11,084	8,996	8,669
Net Property, Plant & Equipment	2,157	2,185	2,217	2,388	2,315	2,116
Other Intangible Assets	454	495	782	1,088	1,449	1,820
Goodwill	12,869	12,857	12,788	12,805	12,787	12,668
Other Long-Term Assets	3,838	3,796	3,211	2,414	1,618	1,968
Total Assets	29,704	29,496	30,230	29,779	27,165	27,241
Accounts Payable	419	417	361	314	379	312
Accrued Expenses	2,257	2,648	2,336	1,942	1,790	1,736
Short-Term Debt	849	-	1,499	-	500	-
Current Portion of Leases	84	77	75	73	87	97
Unearned Revenue	7,275	6,905	6,131	5,837	5,297	4,733
Other Current Liabilities	506	153	119	85	75	54
Total Current Liabilities	11,390	10,200	10,521	8,251	8,128	6,932
Long-Term Debt	5,379	6,210	4,129	3,634	3,629	4,123
Long-Term Leases	344	361	353	373	417	453
Other Long-Term Liabilities	1,158	1,102	1,122	1,003	940	936
Total Long-Term Liabilities	6,881	7,673	5,604	5,010	4,986	5,512
Total Liabilities	18,271	17,873	16,125	13,261	13,114	12,444
Common Stock	-	-	-	-	-	8,428
Treasury Stock	-51,312	-48,847	-37,583	-28,129	-23,843	-17,399
Additional Paid-in Capital	15,870	15,361	13,419	11,586	9,868	23,905
Accumulated Other Comprehensive Income	-295	-245	-201	-285	-293	-137
Retained Earnings	47,170	45,354	38,470	33,346	28,319	-
Shareholders' Equity	11,433	11,623	14,105	16,518	14,051	14,797
Total Liabilities & Equity	29,704	29,496	30,230	29,779	27,165	27,241
Total Debt	6,656	6,648	6,056	4,080	4,633	4,673
Net Cash (Debt)	234	-53	1,830	3,762	1,463	1,125
Net Cash Growth	-	-	-51.36%	157.14%	30.04%	-12.38%
Net Cash Per Share	0.56	-0.12	4.07	8.20	3.11	2.34
Book Value	11,433	11,623	14,105	16,518	14,051	14,797
Book Value Per Share	27.21	27.22	31.34	35.99	29.84	30.76
Tangible Book Value	-1,890	-1,729	535	2,625	-185	309
Tangible Book Value Per Share	-4.50	-4.05	1.19	5.72	-0.39	0.64

Updated Feb 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.