Adobe Inc. (ADBE)

Adobe Balance Sheet

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

Fiscal Quarter	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Nov 28, 2025	Aug 29, 2025	May 30, 2025	Feb 28, 2025	Nov 29, 2024	Aug 30, 2024	May 31, 2024	Mar 1, 2024	Dec 1, 2023	Sep 1, 2023	Jun 2, 2023	Mar 3, 2023	Dec 2, 2022	Sep 2, 2022	Jun 3, 2022	Mar 4, 2022	Dec 3, 2021	Sep 3, 2021	Jun 4, 2021	Mar 5, 2021
Cash & Equivalents	5,431	4,982	4,931	6,758	7,613	7,193	7,660	6,254	7,141	6,601	5,456	4,072	4,236	3,870	3,365	2,739	3,844	4,623	4,250	3,452
Short-Term Investments	1,164	958	782	677	273	322	405	566	701	915	1,145	1,581	1,860	1,894	1,934	1,962	1,954	1,541	1,518	1,511
Cash & Short-Term Investments	6,595	5,940	5,713	7,435	7,886	7,515	8,065	6,820	7,842	7,516	6,601	5,653	6,096	5,764	5,299	4,701	5,798	6,164	5,768	4,963
Cash Growth	-16.37%	-20.96%	-29.16%	9.02%	0.56%	-0.01%	22.18%	20.64%	28.64%	30.40%	24.57%	20.25%	5.14%	-6.49%	-8.13%	-5.28%	-3.24%	17.10%	32.57%	18.99%
Accounts Receivable	2,344	2,093	1,735	1,973	2,072	1,802	1,612	2,057	2,224	1,851	1,685	1,801	2,065	1,723	1,588	1,685	1,878	1,545	1,477	1,520
Other Current Assets	1,224	1,379	1,530	1,447	1,274	1,399	1,346	1,131	1,018	1,043	988	888	835	1,002	1,021	1,090	993	910	833	901
Total Current Assets	10,163	9,412	8,978	10,855	11,232	10,716	11,023	10,008	11,084	10,410	9,274	8,342	8,996	8,489	7,908	7,476	8,669	8,619	8,078	7,384
Net Property, Plant & Equipment	2,185	2,215	2,149	2,159	2,217	2,337	2,350	2,354	2,388	2,409	2,421	2,369	2,315	2,272	2,220	2,138	2,116	2,081	2,031	2,007
Other Intangible Assets	495	555	631	706	782	858	933	1,011	1,088	1,167	1,258	1,354	1,449	1,548	1,650	1,743	1,820	1,557	1,641	1,729
Goodwill	12,857	12,862	12,830	12,777	12,788	12,814	12,803	12,803	12,805	12,800	12,796	12,792	12,787	12,756	12,801	12,795	12,668	11,838	11,859	11,845
Other Long-Term Assets	3,796	3,710	3,519	3,458	3,211	3,105	2,898	2,575	2,414	2,304	2,089	1,810	1,618	1,679	1,747	1,824	1,968	2,049	1,973	2,020
Total Assets	29,496	28,754	28,107	29,955	30,230	29,830	30,007	28,751	29,779	29,090	27,838	26,667	27,165	26,744	26,326	25,976	27,241	26,144	25,582	24,985
Accounts Payable	417	337	360	326	361	318	357	300	314	314	346	308	379	316	366	295	312	331	312	254
Accrued Expenses	2,648	2,289	2,256	1,951	2,336	1,848	1,899	1,569	1,942	1,714	1,786	1,469	1,790	1,629	1,615	1,333	1,736	1,450	1,538	1,243
Short-Term Debt	-	-	-	-	1,499	1,499	1,498	1,497	-	-	-	-	500	500	499	499	-	-	-	-
Current Portion of Leases	77	74	74	74	75	70	67	73	73	74	74	81	87	88	90	93	97	97	96	94
Unearned Revenue	6,905	6,385	6,220	6,347	6,131	5,779	5,558	5,975	5,837	5,375	5,265	5,357	5,297	4,829	4,753	4,894	4,733	4,243	4,144	4,134
Other Current Liabilities	153	154	129	465	119	130	95	123	85	857	548	222	75	76	62	83	54	70	55	81
Total Current Liabilities	10,200	9,239	9,039	9,163	10,521	9,644	9,474	9,537	8,251	8,334	8,019	7,437	8,128	7,438	7,385	7,197	6,932	6,191	6,145	5,806
Long-Term Debt	6,210	6,200	6,166	6,155	4,129	4,128	4,127	2,138	3,634	3,633	3,631	3,630	3,629	3,627	3,627	3,626	4,123	4,122	4,120	4,119
Long-Term Leases	361	362	323	334	353	381	398	378	373	389	408	415	417	426	442	447	453	466	477	494
Other Long-Term Liabilities	1,102	1,183	1,131	1,208	1,122	1,132	1,165	1,238	1,003	958	942	979	940	880	887	931	936	951	988	1,020
Total Long-Term Liabilities	7,673	7,745	7,620	7,697	5,604	5,641	5,690	3,754	5,010	4,980	4,981	5,024	4,986	4,933	4,956	5,004	5,512	5,539	5,585	5,633
Total Liabilities	17,873	16,984	16,659	16,860	16,125	15,285	15,164	13,291	13,261	13,314	13,000	12,461	13,114	12,371	12,341	12,201	12,444	11,730	11,730	11,439
Common Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,428	-	-	-
Treasury Stock	-48,847	-46,373	-44,338	-40,827	-37,583	-35,083	-32,612	-30,109	-28,129	-27,146	-26,191	-25,206	-23,843	-22,109	-20,944	-19,759	-17,399	-16,414	-15,442	-14,451
Additional Paid-in Capital	15,361	14,968	14,375	13,894	13,419	13,026	12,504	12,037	11,586	11,195	10,717	10,284	9,868	9,548	9,102	8,750	23,905	8,209	7,877	7,617
Accumulated Other Comprehensive Income	-245	-341	-333	-158	-201	-309	-276	-277	-285	-285	-297	-307	-293	-224	-195	-177	-137	-131	-121	-141
Retained Earnings	45,354	43,516	41,744	40,186	38,470	36,911	35,227	33,809	33,346	32,012	30,609	29,435	28,319	27,158	26,022	24,961	-	22,750	21,538	20,521
Shareholders' Equity	11,623	11,770	11,448	13,095	14,105	14,545	14,843	15,460	16,518	15,776	14,838	14,206	14,051	14,373	13,985	13,775	14,797	14,414	13,852	13,546
Total Liabilities & Equity	29,496	28,754	28,107	29,955	30,230	29,830	30,007	28,751	29,779	29,090	27,838	26,667	27,165	26,744	26,326	25,976	27,241	26,144	25,582	24,985
Total Debt	6,648	6,636	6,563	6,563	6,056	6,078	6,090	4,086	4,080	4,096	4,113	4,126	4,633	4,641	4,658	4,665	4,673	4,685	4,693	4,707
Net Cash (Debt)	-53	-696	-850	872	1,830	1,437	1,975	2,734	3,762	3,420	2,488	1,527	1,463	1,123	641	36	1,125	1,479	1,075	256
Net Cash Growth	-	-	-	-68.11%	-51.36%	-57.98%	-20.62%	79.04%	157.14%	204.54%	288.14%	4141.67%	30.04%	-24.07%	-40.37%	-85.94%	-12.38%	174.91%	-	-
Net Cash Per Share	-0.12	-1.61	-1.94	1.96	4.07	3.17	4.33	5.96	8.20	7.42	5.37	3.27	3.11	2.37	1.34	0.07	2.34	3.07	2.23	0.53
Book Value	11,623	11,770	11,448	13,095	14,105	14,545	14,843	15,460	16,518	15,776	14,838	14,206	14,051	14,373	13,985	13,775	14,797	14,414	13,852	13,546
Book Value Per Share	27.22	27.16	26.06	29.43	31.34	32.06	32.51	33.73	35.99	34.23	32.02	30.42	29.84	30.28	29.29	28.74	30.76	29.90	28.67	27.98
Tangible Book Value	-1,729	-1,647	-2,013	-388	535	873	1,107	1,646	2,625	1,809	784	60	-185	69	-466	-763	309	1,019	352	-28
Tangible Book Value Per Share	-4.05	-3.80	-4.58	-0.87	1.19	1.92	2.42	3.59	5.72	3.92	1.69	0.13	-0.39	0.15	-0.98	-1.59	0.64	2.11	0.73	-0.06

Updated Jan 15, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q