Adobe Inc.
ADBE · NASDAQ
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 17.61B | 15.44B | 6.10B | 4.76B | 10.13 |
| 2023 FY | 19.41B | 17.06B | 6.65B | 5.43B | 11.88 |
| 2024 FY | 21.51B | 19.15B | 6.74B | 5.56B | 12.44 |
| 2025 FY | 23.77B | 21.06B | 8.71B | 7.13B | 16.73 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 27.17B | 13.11B | 4.24B | 4.63B | 14.05B |
| 2023 FY | 29.78B | 13.26B | 7.14B | 4.08B | 16.52B |
| 2024 FY | 30.23B | 16.13B | 7.61B | 6.06B | 14.11B |
| 2025 FY | 29.50B | 17.87B | 5.43B | 6.65B | 11.62B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 7.84B | -442.00M | 7.40B | — | 392.00M |
| 2023 FY | 7.30B | -360.00M | 6.94B | — | 2.91B |
| 2024 FY | 8.06B | -232.00M | 7.82B | — | 472.00M |
| 2025 FY | 10.03B | -179.00M | 9.85B | — | -2.18B |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 160.52B | 160.92B | — | — | — |
| 2023 FY | 279.90B | 276.84B | — | — | — |
| 2024 FY | 230.67B | 229.12B | — | — | — |
| 2025 FY | 136.38B | 137.59B | — | — | — |
| 2026-11-30 | — | — | — | — | — |
| 2027-11-30 | — | — | — | — | — |
| 2028-11-30 | — | — | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q3 | 5.99B | 5.35B | 2.17B | 1.77B | 4.18 |
| 2025 Q4 | 6.19B | 5.51B | 2.26B | 1.86B | 4.45 |
| 2026 Q1 | 6.40B | 5.70B | 2.42B | 1.89B | 4.61 |
| 2026 Q2 | 6.62B | 5.90B | 2.24B | 1.71B | 4.26 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q3 | 28.75B | 16.98B | 4.98B | 6.64B | 11.77B |
| 2025 Q4 | 29.50B | 17.87B | 5.43B | 6.65B | 11.62B |
| 2026 Q1 | 29.70B | 18.27B | 6.33B | 6.66B | 11.43B |
| 2026 Q2 | 29.93B | 18.42B | 4.92B | 7.07B | 11.52B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q3 | 2.20B | -72.00M | 2.13B | — | 51.00M |
| 2025 Q4 | 3.16B | -34.00M | 3.13B | — | 449.00M |
| 2026 Q1 | 2.96B | -37.00M | 2.92B | — | 901.00M |
| 2026 Q2 | 2.51B | -58.00M | 2.45B | — | -3.74B |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q3 | 153.02B | 154.68B | — | — | — |
| 2025 Q4 | 133.49B | 134.71B | — | — | — |
| 2026 Q1 | 107.59B | 107.91B | — | — | — |
| 2026 Q2 | 104.20B | 106.35B | — | — | — |
| 2026-08-31 | — | — | — | — | — |
| 2026-11-30 | — | — | — | — | — |
| 2027-02-28 | — | — | — | — | — |