Adobe Inc. (ADBE)
NASDAQ: ADBE · Real-Time Price · USD
225.47
-9.27 (-3.95%)
Jul 21, 2026, 1:16 PM EDT - Market open
Adobe Cash Flow Statement
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 | May '26 May 29, 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 |
Net Income | 7,229 | 7,130 | 5,560 | 5,428 | 4,756 | 4,822 |
Depreciation & Amortization | 759 | 818 | 857 | 872 | 856 | 788 |
Stock-Based Compensation | 2,029 | 1,942 | 1,833 | 1,718 | 1,440 | 1,069 |
Other Adjustments | -113 | -464 | -338 | -361 | 450 | 259 |
Change in Receivables | -241 | -275 | 143 | -159 | -198 | -430 |
Changes in Accounts Payable | 72 | 64 | 44 | -49 | 66 | -20 |
Changes in Accrued Expenses | 57 | 180 | 196 | 146 | 7 | 162 |
Changes in Income Taxes Payable | -37 | -45 | 68 | -11 | 19 | 2 |
Changes in Unearned Revenue | 813 | 771 | 309 | 536 | 536 | 1,053 |
Changes in Other Operating Activities | -246 | -90 | -616 | -818 | -94 | -475 |
Operating Cash Flow | 10,481 | 10,031 | 8,056 | 7,302 | 7,838 | 7,230 |
Operating Cash Flow Growth | 9.01% | 24.52% | 10.33% | -6.84% | 8.41% | 26.24% |
Capital Expenditures | -201 | -179 | -183 | -360 | -442 | -348 |
Purchases of Investments | -2,088 | -2,034 | -59 | - | -909 | -1,533 |
Proceeds from Sale of Investments | 1,852 | 1,177 | 499 | 1,189 | 953 | 1,068 |
Payments for Business Acquisitions | - | -17 | - | - | -126 | -2,682 |
Other Investing Activities | -1 | -134 | -108 | -53 | -46 | -42 |
Investing Cash Flow | -1,665 | -1,187 | 149 | 776 | -570 | -3,537 |
Long-Term Debt Issued | 493 | 1,997 | 1,997 | - | - | - |
Long-Term Debt Repaid | - | -1,500 | - | -500 | - | - |
Net Long-Term Debt Issued (Repaid) | 493 | 497 | 1,997 | -500 | - | - |
Issuance of Common Stock | 336 | 348 | 361 | 314 | 278 | 291 |
Repurchase of Common Stock | -9,120 | -11,281 | -9,500 | -4,400 | -6,550 | -3,950 |
Net Common Stock Issued (Repurchased) | -8,784 | -10,933 | -9,139 | -4,086 | -6,272 | -3,659 |
Other Financing Activities | -539 | -624 | -582 | -596 | -553 | -642 |
Financing Cash Flow | -8,830 | -11,060 | -7,724 | -5,182 | -6,825 | -4,301 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 2 | 34 | -9 | 9 | -51 | -26 |
Net Cash Flow | -12 | -2,182 | 472 | 2,905 | 392 | -634 |
Free Cash Flow | 10,280 | 9,852 | 7,873 | 6,942 | 7,396 | 6,882 |
Free Cash Flow Growth | 4.34% | 25.14% | 13.41% | -6.14% | 7.47% | 29.65% |
FCF Margin | 40.80% | 41.45% | 36.61% | 35.77% | 42.01% | 43.60% |
Free Cash Flow Per Share | 24.86 | 23.07 | 17.50 | 15.12 | 15.71 | 14.31 |
Levered Free Cash Flow | 8,939 | 9,146 | 8,232 | 5,244 | 5,704 | 5,984 |
Unlevered Free Cash Flow | 8,429 | 8,626 | 6,083 | 5,625 | 5,775 | 6,066 |