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Income Statement
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Balance Sheet
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Cashflow Statement
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Profitability
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Ratios
Adobe's Income Statement
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Revenue |
|
$15.79 B | $17.61 B | $19.41 B | $21.51 B | $23.77 B |
| Cost of Revenue |
|
$1.87 B | $2.17 B | $2.35 B | $2.36 B | $2.71 B |
| Gross Profit |
|
$13.92 B | $15.44 B | $17.06 B | $19.15 B | $21.06 B |
| Research & Development |
|
$2.54 B | $2.99 B | $3.47 B | $3.94 B | $4.29 B |
| Selling,General & Administrative |
|
$5.41 B | $6.19 B | $6.76 B | $7.29 B | $8.06 B |
| Operating Expense |
|
$8.12 B | $9.34 B | $10.41 B | $12.41 B | $12.36 B |
| Operating Income |
|
$5.80 B | $6.10 B | $6.65 B | $6.74 B | $8.71 B |
| Net Income |
|
$4.82 B | $4.76 B | $5.43 B | $5.56 B | $7.13 B |
Adobe's Assets vs Liabilities & Equity
Adobe's Balance Sheet
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents |
|
$5.80 B | $6.10 B | $7.84 B | $7.89 B | $6.60 B |
| Inventories |
|
- | - | - | - | - |
| Total Current Assets |
|
$8.67 B | $9.00 B | $11.08 B | $11.23 B | $10.16 B |
| Property,Plant and Equipment |
|
$2.12 B | $2.32 B | $2.39 B | $2.22 B | $2.19 B |
| Goodwill |
|
$12.67 B | $12.79 B | $12.81 B | $12.79 B | $12.86 B |
| Total Assets |
|
$27.24 B | $27.17 B | $29.78 B | $30.23 B | $29.50 B |
| Total Liabilities |
|
$12.44 B | $13.11 B | $13.26 B | $16.13 B | $17.87 B |
| Retained Earnings |
|
$23.91 B | $28.32 B | $33.35 B | $38.47 B | $45.35 B |
| Total Shareholder Equity |
|
$14.80 B | $14.05 B | $16.52 B | $14.11 B | $11.62 B |
| Common Stock |
|
- | - | - | - | - |
Adobe's Cash flow
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Depreciation & Amortization |
|
$788.00 M | $856.00 M | $872.00 M | $894.00 M | $818.00 M |
| Dividends Payout |
|
- | - | - | - | - |
| Capital Expenditures (Capex) |
|
-$330.00 M | -$442.00 M | -$360.00 M | -$232.00 M | -$179.00 M |
| Free Cash Flow (FCF) |
|
$6.89 B | $7.40 B | $6.94 B | $7.82 B | $9.85 B |
Adobe's Profitability
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Gross Profit |
|
$13.92 B | $15.44 B | $17.06 B | $19.15 B | $21.06 B |
| Gross Profit Margin (%) |
|
88.18% | 87.70% | 87.87% | 89.04% | 88.61% |
| Operating Income |
|
$5.80 B | $6.10 B | $6.65 B | $6.74 B | $8.71 B |
| Operating Income Margin (%) |
|
36.76% | 34.64% | 34.26% | 31.35% | 36.63% |
| Net Income |
|
$4.82 B | $4.76 B | $5.43 B | $5.56 B | $7.13 B |
| Net Income Margin (%) |
|
30.55% | 27.01% | 27.97% | 25.85% | 30.00% |
| EBITDA |
|
$6.68 B | $7.06 B | $7.78 B | $7.96 B | $9.75 B |
| EBITDA Margin (%) |
|
42.29% | 40.07% | 40.11% | 37.00% | 41.02% |
Adobe's Ratios
| Chart | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) |
|
32.59% | 33.85% | 32.86% | 39.42% | - |
| Return on Assets (ROA) |
|
17.70% | 17.51% | 18.23% | 18.39% | - |
| Debt to Equity |
|
31.58% | 32.97% | 24.70% | 42.94% | 57.20% |
| Debt to total asset |
|
17.15% | 17.06% | 13.70% | 20.03% | 22.54% |
| Enterprise value to revenue |
|
18.68 | 9.14 | 14.26 | 10.65 | 0.00 |
| Enterprise value to EBITDA |
|
44.18 | 22.81 | 35.56 | 28.79 | 0.00 |
| Enterprise value |
|
$294.91 B | $160.92 B | $276.84 B | $229.12 B | - |
| Tax Rate (%) |
|
15.48% | 20.84% | 20.16% | 19.78% | 18.37% |
Frequently Asked Questions
