Adobe Inc. (ADBE)
NASDAQ: ADBE · Real-Time Price · USD
446.10
-8.59 (-1.89%)
Feb 21, 2025, 1:05 PM EST - Market open
Adobe Income Statement
Financials in millions USD. Fiscal year is December - November.
Millions USD. Fiscal year is Dec - Nov.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Nov '24 Nov 29, 2024 | Dec '23 Dec 1, 2023 | Dec '22 Dec 2, 2022 | Dec '21 Dec 3, 2021 | Nov '20 Nov 27, 2020 | 2019 - 2015 |
| Revenue | 21,505 | 19,409 | 17,606 | 15,785 | 12,868 | Upgrade
|
| Revenue Growth (YoY) | 10.80% | 10.24% | 11.54% | 22.67% | 15.19% | Upgrade
|
| Cost of Revenue | 2,358 | 2,354 | 2,165 | 1,865 | 1,722 | Upgrade
|
| Gross Profit | 19,147 | 17,055 | 15,441 | 13,920 | 11,146 | Upgrade
|
| Selling, General & Admin | 7,215 | 6,764 | 6,187 | 5,406 | 4,559 | Upgrade
|
| Research & Development | 3,944 | 3,473 | 2,987 | 2,540 | 2,188 | Upgrade
|
| Operating Expenses | 11,328 | 10,405 | 9,343 | 8,118 | 6,909 | Upgrade
|
| Operating Income | 7,819 | 6,650 | 6,098 | 5,802 | 4,237 | Upgrade
|
| Interest Expense | -169 | -113 | -112 | -113 | -116 | Upgrade
|
| Interest & Investment Income | 341 | 269 | 61 | 17 | 43 | Upgrade
|
| Currency Exchange Gain (Loss) | -29 | -17 | -21 | -17 | -2 | Upgrade
|
| Other Non Operating Income (Expenses) | - | 1 | 1 | - | 1 | Upgrade
|
| EBT Excluding Unusual Items | 7,962 | 6,790 | 6,027 | 5,689 | 4,163 | Upgrade
|
| Merger & Restructuring Charges | -1,000 | - | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | 47 | 9 | -19 | 16 | 13 | Upgrade
|
| Asset Writedown | -78 | - | - | - | - | Upgrade
|
| Pretax Income | 6,931 | 6,799 | 6,008 | 5,705 | 4,176 | Upgrade
|
| Income Tax Expense | 1,371 | 1,371 | 1,252 | 883 | -1,084 | Upgrade
|
| Net Income | 5,560 | 5,428 | 4,756 | 4,822 | 5,260 | Upgrade
|
| Net Income to Common | 5,560 | 5,428 | 4,756 | 4,822 | 5,260 | Upgrade
|
| Net Income Growth | 2.43% | 14.13% | -1.37% | -8.33% | 78.24% | Upgrade
|
| Shares Outstanding (Basic) | 447 | 457 | 470 | 477 | 481 | Upgrade
|
| Shares Outstanding (Diluted) | 450 | 459 | 471 | 481 | 486 | Upgrade
|
| Shares Change (YoY) | -2.05% | -2.51% | -2.10% | -0.93% | -1.24% | Upgrade
|
| EPS (Basic) | 12.44 | 11.87 | 10.13 | 10.10 | 10.94 | Upgrade
|
| EPS (Diluted) | 12.36 | 11.82 | 10.10 | 10.02 | 10.83 | Upgrade
|
| EPS Growth | 4.57% | 17.03% | 0.80% | -7.48% | 80.50% | Upgrade
|
| Free Cash Flow | 7,873 | 6,942 | 7,396 | 6,882 | 5,308 | Upgrade
|
| Free Cash Flow Per Share | 17.51 | 15.12 | 15.71 | 14.31 | 10.93 | Upgrade
|
| Gross Margin | 89.04% | 87.87% | 87.70% | 88.18% | 86.62% | Upgrade
|
| Operating Margin | 36.36% | 34.26% | 34.64% | 36.76% | 32.93% | Upgrade
|
| Profit Margin | 25.85% | 27.97% | 27.01% | 30.55% | 40.88% | Upgrade
|
| Free Cash Flow Margin | 36.61% | 35.77% | 42.01% | 43.60% | 41.25% | Upgrade
|
| EBITDA | 8,404 | 7,268 | 6,716 | 6,378 | 4,808 | Upgrade
|
| EBITDA Margin | 39.08% | 37.45% | 38.15% | 40.41% | 37.36% | Upgrade
|
| D&A For EBITDA | 585 | 618 | 618 | 576 | 571 | Upgrade
|
| EBIT | 7,819 | 6,650 | 6,098 | 5,802 | 4,237 | Upgrade
|
| EBIT Margin | 36.36% | 34.26% | 34.64% | 36.76% | 32.93% | Upgrade
|
| Effective Tax Rate | 19.78% | 20.16% | 20.84% | 15.48% | - | Upgrade
|
| Revenue as Reported | 21,505 | 19,409 | 17,606 | 15,785 | 12,868 | Upgrade
|
| Advertising Expenses | 1,040 | 970 | 1,040 | 865 | 592 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.