Adobe Inc. (ADBE)
NASDAQ: ADBE · Real-Time Price · USD
357.06
-0.49 (-0.14%)
Oct 22, 2025, 12:39 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 Quarter | 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 | Q4 2020 | +20 Quarters |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '25 Aug 29, 2025 | May '25 May 30, 2025 | Feb '25 Feb 28, 2025 | Nov '24 Nov 29, 2024 | Aug '24 Aug 30, 2024 | May '24 May 31, 2024 | Mar '24 Mar 1, 2024 | Dec '23 Dec 1, 2023 | Sep '23 Sep 1, 2023 | Jun '23 Jun 2, 2023 | Mar '23 Mar 3, 2023 | Dec '22 Dec 2, 2022 | Sep '22 Sep 2, 2022 | Jun '22 Jun 3, 2022 | Mar '22 Mar 4, 2022 | Dec '21 Dec 3, 2021 | Sep '21 Sep 3, 2021 | Jun '21 Jun 4, 2021 | Mar '21 Mar 5, 2021 | Nov '20 Nov 27, 2020 | +20 Quarters |
Net Income | 1,772 | 1,691 | 1,811 | 1,683 | 1,684 | 1,573 | 620 | 1,483 | 1,403 | 1,295 | 1,247 | 1,176 | 1,136 | 1,178 | 1,266 | 1,233 | 1,212 | 1,116 | 1,261 | 2,250 | Upgrade |
Depreciation & Amortization | 208 | 209 | 217 | -54 | 213 | 214 | 212 | -32 | 218 | 220 | 212 | -23 | 216 | 212 | 213 | -7 | 193 | 194 | 196 | 4 | Upgrade |
Other Amortization | - | - | - | 272 | - | - | - | 254 | - | - | - | 238 | - | - | - | 212 | - | - | - | 186 | Upgrade |
Asset Writedown & Restructuring Costs | - | - | - | 78 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
Loss (Gain) From Sale of Investments | - | - | - | -11 | - | - | - | -3 | -5 | -5 | 3 | -4 | 6 | 10 | 17 | 7 | -4 | -7 | - | -7 | Upgrade |
Stock-Based Compensation | 497 | 481 | 475 | 441 | 474 | 467 | 451 | 427 | 442 | 433 | 416 | 388 | 378 | 352 | 322 | 269 | 280 | 260 | 260 | 233 | Upgrade |
Other Operating Activities | -101 | -101 | -152 | -105 | -91 | -99 | -110 | -129 | -87 | -102 | -33 | 68 | 112 | 88 | 153 | 87 | -72 | 110 | 138 | -1,192 | Upgrade |
Change in Accounts Receivable | -359 | 237 | 97 | -271 | -190 | 438 | 166 | -376 | -168 | 116 | 269 | -344 | -141 | 96 | 191 | -325 | -66 | 43 | -82 | -81 | Upgrade |
Change in Accounts Payable | -30 | 35 | -28 | 42 | -43 | 57 | -12 | -2 | -18 | 26 | -55 | 55 | -49 | 54 | 6 | -38 | 19 | 58 | -59 | 77 | Upgrade |
Change in Unearned Revenue | 200 | -156 | 231 | 353 | 220 | -424 | 160 | 467 | 102 | -96 | 63 | 471 | 67 | -143 | 141 | 482 | 102 | -2 | 471 | 310 | Upgrade |
Change in Income Taxes | 50 | -426 | 365 | -48 | 29 | -105 | 192 | -760 | 328 | 269 | 152 | 17 | 22 | -56 | 36 | -11 | 39 | -55 | 29 | -92 | Upgrade |
Change in Other Net Operating Assets | -39 | 221 | -534 | 541 | -275 | -181 | -505 | 268 | -342 | -17 | -581 | 283 | -43 | 249 | -576 | 157 | -299 | 271 | -442 | 94 | Upgrade |
Operating Cash Flow | 2,198 | 2,191 | 2,482 | 2,921 | 2,021 | 1,940 | 1,174 | 1,597 | 1,873 | 2,139 | 1,693 | 2,325 | 1,704 | 2,040 | 1,769 | 2,066 | 1,404 | 1,988 | 1,772 | 1,782 | Upgrade |
Operating Cash Flow Growth | 8.76% | 12.94% | 111.41% | 82.91% | 7.90% | -9.30% | -30.66% | -31.31% | 9.92% | 4.85% | -4.30% | 12.54% | 21.37% | 2.62% | -0.17% | 15.94% | -2.23% | 67.91% | 33.74% | 29.41% | Upgrade |
Capital Expenditures | -72 | -47 | -26 | -48 | -57 | -41 | -37 | -47 | -91 | -121 | -101 | -91 | -125 | -126 | -100 | -99 | -95 | -95 | -59 | -103 | Upgrade |
Cash Acquisitions | -17 | - | - | - | - | - | - | - | - | - | - | - | - | -20 | -106 | -1,212 | - | - | -1,470 | - | Upgrade |
Investment in Securities | -190 | -231 | -458 | 67 | 10 | 152 | 103 | 200 | 236 | 443 | 257 | 22 | 22 | 8 | -54 | -428 | -38 | -12 | -29 | -28 | Upgrade |
Investing Cash Flow | -279 | -278 | -484 | 19 | -47 | 111 | 66 | 153 | 145 | 322 | 156 | -69 | -103 | -138 | -260 | -1,739 | -133 | -107 | -1,558 | -131 | Upgrade |
Long-Term Debt Issued | - | - | 1,997 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
Total Debt Issued | - | - | 1,997 | - | - | 1,997 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
Long-Term Debt Repaid | - | - | -1,500 | - | - | - | - | - | - | - | -500 | - | - | - | - | - | - | - | - | - | Upgrade |
Total Debt Repaid | - | - | -1,500 | - | - | - | - | - | - | - | -500 | - | - | - | - | - | - | - | - | - | Upgrade |
Net Debt Issued (Repaid) | - | - | 497 | - | - | 1,997 | - | - | - | - | -500 | - | - | - | - | - | - | - | - | - | Upgrade |
Issuance of Common Stock | 252 | - | 96 | - | 264 | - | 97 | - | 244 | 1 | 69 | - | 187 | - | 91 | 1 | 203 | - | 87 | - | Upgrade |
Repurchase of Common Stock | -2,167 | -3,612 | -3,409 | -2,652 | -2,668 | -2,635 | -2,222 | -1,202 | -1,120 | -1,103 | -1,564 | -1,817 | -1,284 | -1,301 | -2,666 | -1,117 | -1,122 | -1,089 | -1,341 | -932 | Upgrade |
Other Financing Activities | 39 | -176 | -25 | 151 | -49 | -4 | -3 | -15 | 5 | 22 | -19 | -94 | 37 | 51 | -29 | 38 | 20 | 9 | 10 | -8 | Upgrade |
Financing Cash Flow | -1,876 | -3,788 | -2,841 | -2,501 | -2,453 | -642 | -2,128 | -1,217 | -871 | -1,080 | -2,014 | -1,911 | -1,060 | -1,250 | -2,604 | -1,078 | -899 | -1,080 | -1,244 | -940 | Upgrade |
Foreign Exchange Rate Adjustments | 8 | 48 | -12 | -19 | 12 | -3 | 1 | 7 | -2 | 3 | 1 | 21 | -36 | -26 | -10 | -28 | 1 | -3 | 4 | - | Upgrade |
Net Cash Flow | 51 | -1,827 | -855 | 420 | -467 | 1,406 | -887 | 540 | 1,145 | 1,384 | -164 | 366 | 505 | 626 | -1,105 | -779 | 373 | 798 | -1,026 | 711 | Upgrade |
Free Cash Flow | 2,126 | 2,144 | 2,456 | 2,873 | 1,964 | 1,899 | 1,137 | 1,550 | 1,782 | 2,018 | 1,592 | 2,234 | 1,579 | 1,914 | 1,669 | 1,967 | 1,309 | 1,893 | 1,713 | 1,679 | Upgrade |
Free Cash Flow Growth | 8.25% | 12.90% | 116.01% | 85.36% | 10.21% | -5.90% | -28.58% | -30.62% | 12.86% | 5.43% | -4.61% | 13.57% | 20.63% | 1.11% | -2.57% | 17.15% | -0.08% | 73.99% | 39.16% | 30.97% | Upgrade |
Free Cash Flow Margin | 35.50% | 36.51% | 42.98% | 51.25% | 36.32% | 35.77% | 21.94% | 30.70% | 36.44% | 41.90% | 34.20% | 49.37% | 35.62% | 43.64% | 39.16% | 47.86% | 33.27% | 49.36% | 43.87% | 49.04% | Upgrade |
Free Cash Flow Per Share | 5.01 | 5.00 | 5.61 | 6.49 | 4.39 | 4.21 | 2.49 | 3.38 | 3.88 | 4.40 | 3.46 | 4.79 | 3.36 | 4.04 | 3.51 | 4.10 | 2.72 | 3.94 | 3.55 | 3.47 | Upgrade |
Cash Interest Paid | 81 | 67 | 48 | 49 | 46 | 1 | 47 | 3 | 47 | 1 | 55 | 2 | 51 | - | 50 | - | 50 | - | 50 | - | Upgrade |
Cash Income Tax Paid | 523 | 1,000 | 182 | 338 | 488 | 696 | 205 | 1,264 | 155 | 221 | 214 | 292 | 226 | 201 | 59 | 254 | 312 | 186 | 91 | 269 | Upgrade |
Levered Free Cash Flow | 1,946 | 1,931 | 2,048 | 2,579 | 1,766 | 1,965 | 1,644 | 1,244 | 1,707 | 2,136 | 1,524 | 1,951 | 1,317 | 1,733 | 1,271 | 1,621 | 1,162 | 1,668 | 1,333 | 1,412 | Upgrade |
Unlevered Free Cash Flow | 1,988 | 1,973 | 2,087 | 2,610 | 1,798 | 1,990 | 1,661 | 1,261 | 1,724 | 2,152 | 1,544 | 1,969 | 1,335 | 1,751 | 1,289 | 1,638 | 1,179 | 1,686 | 1,352 | 1,428 | Upgrade |
Change in Working Capital | -178 | -89 | 131 | 617 | -259 | -215 | 1 | -403 | -98 | 298 | -152 | 482 | -144 | 200 | -202 | 265 | -205 | 315 | -83 | 308 | Upgrade |
Updated Aug 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.