Adobe Inc. (ADBE)
NASDAQ: ADBE · Real-Time Price · USD
357.50
-0.05 (-0.01%)
Oct 22, 2025, 12:29 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 | 6,957 | 6,869 | 6,751 | 5,560 | 5,360 | 5,079 | 4,801 | 5,428 | 5,121 | 4,854 | 4,737 | 4,756 | 4,813 | 4,889 | 4,827 | 4,822 | 5,839 | 5,582 | 5,566 | 5,260 | Upgrade |
Depreciation & Amortization | 580 | 585 | 590 | 585 | 607 | 612 | 618 | 618 | 627 | 625 | 617 | 618 | 634 | 611 | 593 | 576 | 587 | 585 | 579 | 571 | Upgrade |
Other Amortization | 272 | 272 | 272 | 272 | 254 | 254 | 254 | 254 | 238 | 238 | 238 | 238 | 212 | 212 | 212 | 212 | 186 | 186 | 186 | 186 | Upgrade |
Asset Writedown & Restructuring Costs | 78 | 78 | 78 | 78 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Upgrade |
Loss (Gain) From Sale of Investments | -35 | -35 | -35 | -35 | -3 | -8 | -13 | -10 | -11 | - | 15 | 29 | 40 | 30 | 13 | -4 | -18 | -23 | -17 | -11 | Upgrade |
Stock-Based Compensation | 1,894 | 1,871 | 1,857 | 1,833 | 1,819 | 1,787 | 1,753 | 1,718 | 1,679 | 1,615 | 1,534 | 1,440 | 1,321 | 1,223 | 1,131 | 1,069 | 1,033 | 985 | 952 | 909 | Upgrade |
Other Operating Activities | -435 | -425 | -423 | -381 | -429 | -425 | -428 | -351 | -154 | 45 | 235 | 421 | 440 | 256 | 278 | 263 | -1,016 | -919 | -1,166 | -1,374 | Upgrade |
Change in Accounts Receivable | -296 | -127 | 74 | 143 | 38 | 60 | -262 | -159 | -127 | -100 | -120 | -198 | -179 | -104 | -157 | -430 | -186 | -88 | -121 | 106 | Upgrade |
Change in Accounts Payable | 19 | 6 | 28 | 44 | - | 25 | -6 | -49 | 8 | -23 | 5 | 66 | -27 | 41 | 45 | -20 | 95 | 15 | -18 | 96 | Upgrade |
Change in Unearned Revenue | 628 | 648 | 380 | 309 | 423 | 305 | 633 | 536 | 540 | 505 | 458 | 536 | 547 | 582 | 723 | 1,053 | 881 | 767 | 615 | 258 | Upgrade |
Change in Income Taxes | -59 | -80 | 241 | 68 | -644 | -345 | 29 | -11 | 766 | 460 | 135 | 19 | -9 | 8 | 9 | 2 | -79 | -100 | -53 | -72 | Upgrade |
Change in Other Net Operating Assets | 189 | -47 | -449 | -420 | -693 | -760 | -596 | -672 | -657 | -358 | -92 | -87 | -213 | -469 | -447 | -313 | -376 | -12 | -349 | -202 | Upgrade |
Operating Cash Flow | 9,792 | 9,615 | 9,364 | 8,056 | 6,732 | 6,584 | 6,783 | 7,302 | 8,030 | 7,861 | 7,762 | 7,838 | 7,579 | 7,279 | 7,227 | 7,230 | 6,946 | 6,978 | 6,174 | 5,727 | Upgrade |
Operating Cash Flow Growth | 45.45% | 46.04% | 38.05% | 10.33% | -16.16% | -16.25% | -12.61% | -6.84% | 5.95% | 8.00% | 7.40% | 8.41% | 9.11% | 4.31% | 17.05% | 26.24% | 30.51% | 45.13% | 30.42% | 29.51% | Upgrade |
Capital Expenditures | -193 | -178 | -172 | -183 | -182 | -216 | -296 | -360 | -404 | -438 | -443 | -442 | -450 | -420 | -389 | -348 | -352 | -383 | -384 | -419 | Upgrade |
Cash Acquisitions | -17 | - | - | - | - | - | - | - | - | - | -20 | -126 | -1,338 | -1,338 | -1,318 | -2,682 | -1,470 | -1,470 | -1,470 | - | Upgrade |
Investment in Securities | -812 | -612 | -229 | 332 | 465 | 691 | 982 | 1,136 | 958 | 744 | 309 | -2 | -452 | -512 | -532 | -507 | -107 | -258 | -70 | 5 | Upgrade |
Investing Cash Flow | -1,022 | -790 | -401 | 149 | 283 | 475 | 686 | 776 | 554 | 306 | -154 | -570 | -2,240 | -2,270 | -2,239 | -3,537 | -1,929 | -2,111 | -1,924 | -414 | Upgrade |
Long-Term Debt Issued | - | - | - | 1,997 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,144 | Upgrade |
Total Debt Issued | 1,997 | 1,997 | 3,994 | 1,997 | 1,997 | 1,997 | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,144 | Upgrade |
Long-Term Debt Repaid | - | - | - | - | - | - | - | -500 | - | - | - | - | - | - | - | - | - | - | - | -3,150 | Upgrade |
Total Debt Repaid | -1,500 | -1,500 | -1,500 | - | - | - | - | -500 | -500 | -500 | -500 | - | - | - | - | - | - | - | - | -3,150 | Upgrade |
Net Debt Issued (Repaid) | 497 | 497 | 2,494 | 1,997 | 1,997 | 1,997 | - | -500 | -500 | -500 | -500 | - | - | - | - | - | - | - | - | -6 | Upgrade |
Issuance of Common Stock | 348 | 360 | 360 | 361 | 361 | 341 | 342 | 314 | 314 | 257 | 256 | 278 | 279 | 295 | 295 | 291 | 290 | 268 | 269 | 270 | Upgrade |
Repurchase of Common Stock | -11,840 | -12,341 | -11,364 | -10,177 | -8,727 | -7,179 | -5,647 | -4,989 | -5,604 | -5,768 | -5,966 | -7,068 | -6,368 | -6,206 | -5,994 | -4,669 | -4,484 | -3,940 | -3,755 | -3,731 | Upgrade |
Other Financing Activities | -11 | -99 | 73 | 95 | -71 | -17 | 9 | -7 | -86 | -54 | -25 | -35 | 97 | 80 | 38 | 77 | 31 | -6 | -13 | -21 | Upgrade |
Financing Cash Flow | -11,006 | -11,583 | -8,437 | -7,724 | -6,440 | -4,858 | -5,296 | -5,182 | -5,876 | -6,065 | -6,235 | -6,825 | -5,992 | -5,831 | -5,661 | -4,301 | -4,163 | -3,678 | -3,499 | -3,488 | Upgrade |
Foreign Exchange Rate Adjustments | 25 | 29 | -22 | -9 | 17 | 3 | 9 | 9 | 23 | -11 | -40 | -51 | -100 | -63 | -40 | -26 | 2 | 17 | 13 | 3 | Upgrade |
Net Cash Flow | -2,211 | -2,729 | 504 | 472 | 592 | 2,204 | 2,182 | 2,905 | 2,731 | 2,091 | 1,333 | 392 | -753 | -885 | -713 | -634 | 856 | 1,206 | 764 | 1,828 | Upgrade |
Free Cash Flow | 9,599 | 9,437 | 9,192 | 7,873 | 6,550 | 6,368 | 6,487 | 6,942 | 7,626 | 7,423 | 7,319 | 7,396 | 7,129 | 6,859 | 6,838 | 6,882 | 6,594 | 6,595 | 5,790 | 5,308 | Upgrade |
Free Cash Flow Growth | 46.55% | 48.19% | 41.70% | 13.41% | -14.11% | -14.21% | -11.37% | -6.14% | 6.97% | 8.22% | 7.03% | 7.47% | 8.11% | 4.00% | 18.10% | 29.65% | 34.27% | 48.74% | 34.34% | 31.81% | Upgrade |
Free Cash Flow Margin | 41.41% | 41.75% | 41.71% | 36.61% | 31.27% | 31.17% | 32.54% | 35.77% | 40.38% | 40.28% | 40.66% | 42.01% | 41.47% | 41.09% | 42.36% | 43.60% | 43.67% | 45.83% | 42.32% | 41.25% | Upgrade |
Free Cash Flow Per Share | 22.14 | 21.48 | 20.65 | 17.51 | 14.44 | 13.95 | 14.16 | 15.12 | 16.55 | 16.02 | 15.68 | 15.71 | 15.03 | 14.37 | 14.27 | 14.31 | 13.67 | 13.65 | 11.96 | 10.93 | Upgrade |
Cash Interest Paid | 245 | 210 | 144 | 143 | 97 | 98 | 98 | 106 | 105 | 109 | 108 | 103 | 101 | 100 | 100 | 100 | 100 | 100 | 100 | 88 | Upgrade |
Cash Income Tax Paid | 2,043 | 2,008 | 1,704 | 1,727 | 2,653 | 2,320 | 1,845 | 1,854 | 882 | 953 | 933 | 778 | 740 | 826 | 811 | 843 | 858 | 630 | 515 | 469 | Upgrade |
Levered Free Cash Flow | 8,504 | 8,324 | 8,357 | 7,953 | 6,619 | 6,559 | 6,730 | 6,611 | 7,318 | 6,928 | 6,526 | 6,272 | 5,942 | 5,787 | 5,722 | 5,784 | 5,575 | 5,496 | 4,686 | 4,365 | Upgrade |
Unlevered Free Cash Flow | 8,658 | 8,468 | 8,485 | 8,059 | 6,710 | 6,636 | 6,798 | 6,681 | 7,389 | 6,999 | 6,598 | 6,342 | 6,012 | 5,856 | 5,791 | 5,854 | 5,645 | 5,567 | 4,756 | 4,437 | Upgrade |
Change in Working Capital | 481 | 400 | 274 | 144 | -876 | -715 | -202 | -355 | 530 | 484 | 386 | 336 | 119 | 58 | 173 | 292 | 335 | 582 | 74 | 186 | Upgrade |
Updated Aug 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.