ADOBE INC. (ADBE)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Aug-292025-May-302025-Feb-282024-Nov-292024-Aug-302024-May-312024-Mar-012023-Dec-012023-Sep-012023-Jun-022023-Mar-032022-Dec-022022-Sep-022022-Jun-032022-Mar-042021-Dec-032021-Sep-032021-Jun-042021-Mar-052020-Nov-272020-Aug-282020-May-292020-Feb-282019-Nov-292019-Aug-302019-May-312019-Mar-012018-Nov-302018-Aug-312018-Jun-012018-Mar-022017-Dec-012017-Sep-012017-Jun-022017-Mar-032016-Dec-022016-Sep-022016-Jun-032016-Mar-042015-Nov-272015-Aug-282015-May-292015-Feb-272014-Nov-282014-Aug-292014-May-302014-Feb-282013-Nov-29
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue5,988,000,000$5,873,000,000$5,714,000,000$5,606,000,000$5,408,000,000$5,309,000,000$5,182,000,000$5,048,000,000$4,890,000,000$4,816,000,000$4,655,000,000$4,525,000,000$4,433,000,000$4,386,000,000$4,262,000,000$4,110,000,000$3,935,000,000$3,835,000,000$3,905,000,000$3,424,000,000$3,225,000,000$3,128,000,000$3,091,000,000$2,992,000,000$2,834,000,000$2,744,000,000$2,601,000,000$2,464,625,000$2,291,076,000$2,195,360,000$2,078,947,000$2,006,595,000$1,841,074,000$1,772,190,000$1,681,646,000$1,608,419,000$1,463,967,000$1,398,709,000$1,383,335,000$1,306,404,000$1,217,768,000$1,162,158,000$1,109,181,000$1,073,328,000$1,005,409,000$1,068,208,000$1,000,120,000$1,041,699,000$
QoQ%1.96%2.78%1.93%3.66%1.87%2.45%2.66%3.23%1.54%3.46%2.87%2.08%1.07%2.91%3.70%4.45%2.61%(1.79%)14.05%6.17%3.10%1.20%3.31%5.58%3.28%5.50%5.53%7.58%4.36%5.60%3.61%8.99%3.89%5.38%4.55%9.87%4.67%1.11%5.89%7.28%4.79%4.78%3.34%6.76%(5.88%)6.81%(3.99%)4.68%
YoY%10.73%10.62%10.27%11.05%10.59%10.24%11.32%11.56%10.31%9.80%9.22%10.10%12.66%14.37%9.14%20.04%22.02%22.60%26.34%14.44%13.80%13.99%18.84%21.40%23.70%24.99%25.11%22.83%24.44%23.88%23.63%24.76%25.76%26.70%21.57%23.12%20.22%20.35%24.72%21.72%21.12%8.80%10.91%3.04%1.03%5.71%(.77%)(9.69%)
Cost Of Revenue642,000,000$638,000,000$622,000,000$616,000,000$554,000,000$598,000,000$590,000,000$634,000,000$580,000,000$572,000,000$568,000,000$568,000,000$546,000,000$539,000,000$512,000,000$507,000,000$467,000,000$444,000,000$447,000,000$428,000,000$427,000,000$415,000,000$452,000,000$452,000,000$416,000,000$407,000,000$397,000,000$359,262,000$295,492,000$281,344,000$258,902,000$270,872,000$262,922,000$239,360,000$237,337,000$216,556,000$202,701,000$202,079,000$198,572,000$201,361,000$190,985,000$185,173,000$166,798,000$160,943,000$157,724,000$154,904,000$148,509,000$147,516,000$
Gross Profit5,346,000,000$5,235,000,000$5,092,000,000$4,990,000,000$4,854,000,000$4,711,000,000$4,592,000,000$4,414,000,000$4,310,000,000$4,244,000,000$4,087,000,000$3,957,000,000$3,887,000,000$3,847,000,000$3,750,000,000$3,603,000,000$3,468,000,000$3,391,000,000$3,458,000,000$2,996,000,000$2,798,000,000$2,713,000,000$2,639,000,000$2,540,000,000$2,418,000,000$2,337,000,000$2,204,000,000$2,105,364,000$1,995,584,000$1,914,016,000$1,820,045,000$1,735,723,000$1,578,152,000$1,532,830,000$1,444,309,000$1,391,863,000$1,261,266,000$1,196,630,000$1,184,763,000$1,105,043,000$1,026,783,000$976,985,000$942,383,000$912,385,000$847,685,000$913,304,000$851,611,000$894,183,000$
Gross Margin89.28%89.14%89.11%89.01%89.76%88.74%88.61%87.44%88.14%88.12%87.80%87.45%87.68%87.71%87.99%87.66%88.13%88.42%88.55%87.50%86.76%86.73%85.38%84.89%85.32%85.17%84.74%85.42%87.10%87.19%87.55%86.50%85.72%86.49%85.89%86.54%86.15%85.55%85.65%84.59%84.32%84.07%84.96%85.01%84.31%85.50%85.15%85.84%
Operating Expenses3,173,000,000$3,126,000,000$2,929,000,000$3,033,000,000$2,862,000,000$2,826,000,000$3,685,000,000$2,671,000,000$2,613,000,000$2,620,000,000$2,501,000,000$2,452,000,000$2,403,000,000$2,318,000,000$2,170,000,000$2,102,000,000$2,027,000,000$1,985,000,000$2,004,000,000$1,781,000,000$1,729,000,000$1,697,000,000$1,702,000,000$1,570,000,000$1,564,000,000$1,587,000,000$1,509,000,000$1,385,178,000$1,276,978,000$1,215,532,000$1,117,312,000$1,086,383,000$1,032,478,000$1,028,748,000$975,310,000$919,583,000$891,941,000$852,391,000$877,005,000$814,609,000$780,764,000$783,368,000$769,358,000$787,880,000$773,509,000$778,046,000$772,865,000$791,347,000$
Operating Income2,173,000,000$2,109,000,000$2,163,000,000$1,957,000,000$1,992,000,000$1,885,000,000$907,000,000$1,743,000,000$1,697,000,000$1,624,000,000$1,586,000,000$1,505,000,000$1,484,000,000$1,529,000,000$1,580,000,000$1,501,000,000$1,441,000,000$1,406,000,000$1,454,000,000$1,215,000,000$1,069,000,000$1,016,000,000$937,000,000$970,000,000$854,000,000$750,000,000$695,000,000$720,177,000$718,606,000$698,484,000$702,733,000$649,340,000$545,674,000$504,082,000$468,999,000$472,280,000$369,325,000$344,239,000$307,758,000$290,434,000$246,019,000$193,617,000$173,025,000$124,505,000$74,176,000$135,258,000$78,746,000$102,836,000$
Operating Margin36.29%35.91%37.85%34.91%36.83%35.51%17.50%34.53%34.70%33.72%34.07%33.26%33.48%34.86%37.07%36.52%36.62%36.66%37.23%35.49%33.15%32.48%30.31%32.42%30.13%27.33%26.72%29.22%31.37%31.82%33.80%32.36%29.64%28.44%27.89%29.36%25.23%24.61%22.25%22.23%20.20%16.66%15.60%11.60%7.38%12.66%7.87%9.87%
Interest Income6,000,000$7,000,000$11,000,000$19,000,000$18,000,000$18,000,000$16,000,000$16,000,000$23,038,000$21,561,000$25,771,000$22,630,000$19,516,000$17,180,000$15,216,000$14,157,000$13,330,000$11,849,000$11,482,000$10,677,000$8,232,000$7,394,000$6,846,000$6,288,000$5,706,000$5,274,000$5,240,000$5,134,000$5,267,000$
Interest Expenses41,000,000$27,000,000$28,000,000$27,000,000$26,000,000$32,000,000$28,000,000$28,000,000$28,000,000$28,000,000$28,000,000$27,000,000$28,000,000$30,000,000$27,000,000$28,000,000$28,000,000$33,000,000$36,000,000$40,000,000$40,000,000$41,000,000$27,631,000$21,107,000$20,363,000$19,899,000$19,116,000$18,809,000$18,347,000$18,130,000$17,518,000$17,281,000$17,174,000$18,469,000$16,515,000$16,519,000$16,605,000$14,545,000$12,678,000$13,361,000$17,103,000$16,590,000$16,722,000$
Income Before Tax2,187,000,000$2,101,000,000$2,182,000,000$1,991,000,000$2,042,000,000$1,930,000,000$968,000,000$1,808,000,000$1,743,000,000$1,650,000,000$1,598,000,000$1,517,000,000$1,456,000,000$1,492,000,000$1,543,000,000$1,468,000,000$1,418,000,000$1,386,000,000$1,433,000,000$1,197,000,000$1,060,000,000$1,000,000,000$919,000,000$957,000,000$835,000,000$711,000,000$702,000,000$699,341,000$701,358,000$690,799,000$702,502,000$643,012,000$541,379,000$492,618,000$460,632,000$456,700,000$356,301,000$329,830,000$292,307,000$296,940,000$232,619,000$180,974,000$163,248,000$112,275,000$62,938,000$121,271,000$64,892,000$88,270,000$
Tax Expenses415,000,000$410,000,000$371,000,000$308,000,000$358,000,000$357,000,000$348,000,000$325,000,000$340,000,000$355,000,000$351,000,000$341,000,000$320,000,000$314,000,000$277,000,000$235,000,000$206,000,000$270,000,000$172,000,000$(1,053,000,000$)105,000,000$(100,000,000$)(36,000,000$)106,000,000$42,000,000$78,000,000$28,000,000$20,875,000$35,067,000$27,632,000$119,426,000$141,463,000$121,810,000$118,228,000$62,186,000$57,087,000$85,513,000$85,756,000$38,000,000$74,235,000$58,154,000$33,481,000$78,360,000$24,139,000$18,252,000$32,744,000$17,846,000$22,950,000$
Net Income1,772,000,000$1,691,000,000$1,811,000,000$1,683,000,000$1,684,000,000$1,573,000,000$620,000,000$1,483,000,000$1,403,000,000$1,295,000,000$1,247,000,000$1,176,000,000$1,136,000,000$1,178,000,000$1,266,000,000$1,233,000,000$1,212,000,000$1,116,000,000$1,261,000,000$2,250,000,000$955,000,000$1,100,000,000$955,000,000$852,000,000$793,000,000$633,000,000$674,000,000$678,240,000$666,291,000$663,167,000$583,076,000$501,549,000$419,569,000$374,390,000$398,446,000$399,613,000$270,788,000$244,074,000$254,307,000$222,705,000$174,465,000$147,493,000$84,888,000$88,136,000$44,686,000$88,527,000$47,046,000$65,320,000$
Profit Margin29.59%28.79%31.69%30.02%31.14%29.63%11.96%29.38%28.69%26.89%26.79%25.99%25.63%26.86%29.70%30.00%30.80%29.10%32.29%65.71%29.61%35.17%30.90%28.48%27.98%23.07%25.91%27.52%29.08%30.21%28.05%25.00%22.79%21.13%23.69%24.85%18.50%17.45%18.38%17.05%14.33%12.69%7.65%8.21%4.45%8.29%4.70%6.27%
TTM30.01%30.39%30.64%25.85%25.59%24.86%24.08%27.97%27.12%26.34%26.32%27.01%28.00%29.29%29.90%30.55%38.67%38.79%40.68%40.88%31.06%30.72%27.73%26.43%26.10%26.25%28.08%28.69%28.16%26.69%24.40%23.20%23.06%22.11%21.34%19.96%17.86%16.88%15.76%13.13%10.85%8.40%7.20%6.47%5.97%6.92%6.72%7.15%
Earnings to Minority
Earnings to Common Shareholders1,772,000,000$1,691,000,000$1,811,000,000$1,683,000,000$1,684,000,000$1,573,000,000$620,000,000$1,483,000,000$1,403,000,000$1,295,000,000$1,247,000,000$1,176,000,000$1,136,000,000$1,178,000,000$1,266,000,000$1,233,000,000$1,212,000,000$1,116,000,000$1,261,000,000$2,250,000,000$955,000,000$1,100,000,000$955,000,000$852,000,000$793,000,000$633,000,000$674,000,000$678,240,000$666,291,000$663,167,000$583,076,000$501,549,000$419,569,000$374,390,000$398,446,000$399,613,000$270,788,000$244,074,000$254,307,000$222,705,000$174,465,000$147,493,000$84,888,000$88,136,000$44,686,000$88,527,000$47,046,000$65,320,000$
QoQ%4.79%(6.63%)7.61%(.06%)7.06%153.71%(58.19%)5.70%8.34%3.85%6.04%3.52%(3.57%)(6.95%)2.68%1.73%8.60%(11.50%)(43.96%)135.60%(13.18%)15.18%12.09%7.44%25.28%(6.08%)(.63%)1.79%.47%13.74%16.26%19.54%12.07%(6.04%)(.29%)47.57%10.95%(4.02%)14.19%27.65%18.29%73.75%(3.69%)97.23%(49.52%)88.17%(27.98%)(21.30%)
YoY%5.23%7.50%192.10%13.49%20.03%21.47%(50.28%)26.11%23.50%9.93%(1.50%)(4.62%)(6.27%)5.56%.40%(45.20%)26.91%1.46%32.04%164.09%20.43%73.78%41.69%25.62%19.02%(4.55%)15.59%35.23%58.80%77.13%46.34%25.51%54.94%53.39%56.68%79.44%55.21%65.48%199.58%152.68%290.42%66.61%80.44%34.93%(46.16%)15.65%(27.75%)(70.62%)
Earnings Per Share, Basic4.18$3.95$4.15$3.81$3.78$3.50$1.37$3.26$3.07$2.83$2.72$2.53$2.42$2.50$2.68$2.59$2.54$2.34$2.63$4.69$1.99$2.28$1.98$1.76$1.63$1.30$1.38$1.39$1.36$1.35$1.18$1.02$0.85$0.76$0.81$0.81$0.54$0.49$0.51$0.45$0.35$0.30$0.17$0.18$0.09$0.18$0.09$0.13$
Earnings Per Share, Diluted4.18$3.94$4.14$3.79$3.76$3.48$1.36$3.23$3.05$2.82$2.71$2.53$2.42$2.49$2.66$2.57$2.52$2.32$2.61$4.64$1.97$2.27$1.96$1.74$1.62$1.29$1.36$1.37$1.34$1.33$1.17$1.00$0.84$0.75$0.80$0.79$0.54$0.48$0.50$0.44$0.34$0.29$0.17$0.17$0.09$0.17$0.09$0.13$
Unlevered FCF Per Share, Basic5.02$5.01$5.63$6.51$4.41$4.23$2.51$3.41$3.90$4.41$3.47$4.81$3.37$4.05$3.53$4.13$2.75$3.96$3.58$3.50$2.73$2.26$2.55$2.65$1.71$1.98$1.94$2.14$1.82$1.89$1.82$1.62$1.32$1.19$1.41$1.31$0.93$0.87$0.90$0.78$0.62$0.87$0.30$0.73$0.43$0.68$0.45$0.56$
Unlevered FCF Per Share, Diluted5.01$5.00$5.61$6.48$4.39$4.21$2.49$3.38$3.88$4.40$3.46$4.80$3.36$4.04$3.51$4.10$2.72$3.94$3.55$3.47$2.70$2.24$2.52$2.62$1.70$1.96$1.92$2.10$1.79$1.87$1.79$1.58$1.30$1.18$1.40$1.29$0.92$0.86$0.89$0.76$0.62$0.86$0.29$0.71$0.42$0.67$0.44$0.54$
Average Shares, Basic423,500,000428,200,000436,200,000441,200,000445,300,000449,100,000452,800,000455,200,000456,400,000457,800,000459,000,000464,800,000468,500,000472,100,000472,600,000475,900,000476,700,000477,800,000478,800,000479,500,000480,200,000481,500,000482,400,000483,800,000485,800,000487,500,000488,100,000488,400,000490,025,000491,914,000492,061,000492,119,000493,426,000494,371,000494,612,000495,697,000498,584,000499,974,000499,125,000498,382,000498,630,000499,290,000498,754,000498,121,000498,468,000497,931,000496,948,000499,381,000
Average Shares, Diluted424,100,000428,900,000437,600,000443,500,000447,600,000451,400,000456,300,000458,700,000459,500,000458,700,000459,500,000465,500,000469,400,000473,300,000475,400,000479,600,000480,700,000480,800,000482,900,000484,500,000484,900,000484,800,000487,800,000489,000,000491,000,000492,200,000494,200,000496,649,000496,866,000498,252,000499,433,000502,882,000500,398,000500,351,000500,861,000503,126,000503,669,000504,725,000505,676,000509,739,000505,809,000505,582,000507,526,000511,082,000507,811,000506,687,000508,340,000519,560,000
EBIT2,187,000,000$2,101,000,000$2,182,000,000$1,991,000,000$2,042,000,000$1,971,000,000$995,000,000$1,836,000,000$1,770,000,000$1,676,000,000$1,630,000,000$1,545,000,000$1,484,000,000$1,520,000,000$1,571,000,000$1,496,000,000$1,445,000,000$1,414,000,000$1,463,000,000$1,224,000,000$1,088,000,000$1,028,000,000$952,000,000$993,000,000$875,000,000$751,000,000$743,000,000$726,972,000$722,465,000$711,162,000$722,401,000$662,128,000$560,188,000$510,965,000$478,762,000$474,218,000$373,582,000$347,004,000$310,776,000$313,455,000$249,138,000$197,579,000$177,793,000$124,953,000$76,299,000$138,374,000$81,482,000$104,992,000$
EBITDA2,395,000,000$2,310,000,000$2,399,000,000$2,209,000,000$2,255,000,000$2,185,000,000$1,207,000,000$2,058,000,000$1,988,000,000$1,896,000,000$1,842,000,000$1,760,000,000$1,700,000,000$1,732,000,000$1,784,000,000$1,701,000,000$1,638,000,000$1,608,000,000$1,659,000,000$1,414,000,000$1,279,000,000$1,216,000,000$1,140,000,000$1,184,000,000$1,068,000,000$938,000,000$929,000,000$833,200,000$809,355,000$787,522,000$798,923,000$743,362,000$642,507,000$592,600,000$559,571,000$556,078,000$457,596,000$431,465,000$391,976,000$399,814,000$336,688,000$283,508,000$257,428,000$203,100,000$156,453,000$216,027,000$159,118,000$186,342,000$