Adobe Inc. financial data

Symbol
ADBE on Nasdaq
Industry
Services-Prepackaged Software
Location
345 Park Ave, San Jose, California
State of incorporation
Delaware
Fiscal year end
November 29
Former names
ADOBE SYSTEMS INC (to 10/3/2018)
Latest financial report
Q1 2024 - Mar 27, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 119 % +7.59%
Debt-to-equity 84.5 % -4.91%
Return On Equity 30.7 % -8.34%
Return On Assets 16.6 % -6.15%
Operating Margin 30 % -11.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 448M shares -2.33%
Common Stock, Shares, Outstanding 453M shares -1.31%
Entity Public Float 166B USD +4.11%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 453M shares -1.35%
Weighted Average Number of Shares Outstanding, Diluted 456M shares -0.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 19.9B USD +10.8%
Cost of Revenue 2.38B USD +6.98%
Selling and Marketing Expense 5.4B USD +5.69%
General and Administrative Expense 1.43B USD +11.9%
Operating Income (Loss) 5.97B USD -2.18%
Nonoperating Income (Expense) 198M USD +408%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 6.17B USD +1.75%
Income Tax Expense (Benefit) 1.37B USD +3.17%
Net Income (Loss) Attributable to Parent 4.8B USD +1.35%
Earnings Per Share, Basic 10.5 USD/shares +3.44%
Earnings Per Share, Diluted 10.5 USD/shares +3.15%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.25B USD +53.6%
Cash, Cash Equivalents, and Short-term Investments 6.82B USD +20.6%
Accounts Receivable, after Allowance for Credit Loss, Current 2.06B USD +14.2%
Assets, Current 10B USD +20%
Deferred Income Tax Assets, Net 1.31B USD +58.6%
Property, Plant and Equipment, Net 1.99B USD +1.07%
Operating Lease, Right-of-Use Asset 366M USD -8.96%
Goodwill 12.8B USD +0.09%
Other Assets, Noncurrent 1.27B USD +28.6%
Assets 28.8B USD +7.82%
Accounts Payable, Current 300M USD -2.6%
Employee-related Liabilities, Current 592M USD +12.8%
Accrued Liabilities, Current 1.57B USD +6.81%
Contract with Customer, Liability, Current 5.98B USD +11.5%
Liabilities, Current 9.54B USD +28.2%
Contract with Customer, Liability, Noncurrent 135M USD +12.5%
Accrued Income Taxes, Noncurrent 668M USD +24.6%
Deferred Income Tax Liabilities, Net 3M USD -57.1%
Operating Lease, Liability, Noncurrent 378M USD -8.92%
Other Liabilities, Noncurrent 435M USD +34.7%
Liabilities 13.3B USD +6.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax -277M USD +9.77%
Retained Earnings (Accumulated Deficit) 33.8B USD +14.9%
Stockholders' Equity Attributable to Parent 15.5B USD +8.83%
Liabilities and Equity 28.8B USD +7.82%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.17B USD -30.7%
Net Cash Provided by (Used in) Financing Activities -2.13B USD -5.66%
Net Cash Provided by (Used in) Investing Activities 66M USD -57.7%
Common Stock, Shares Authorized 900M shares 0%
Common Stock, Shares, Issued 601M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -887M USD -441%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.25B USD +53.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 47M USD -14.5%
Deferred Tax Assets, Valuation Allowance 405M USD +0.75%
Deferred Tax Assets, Gross 2.12B USD +19%
Operating Lease, Liability 446M USD -11.5%
Payments to Acquire Property, Plant, and Equipment 37M USD -63.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 4.83B USD +4.86%
Lessee, Operating Lease, Liability, to be Paid 484M USD -11.7%
Property, Plant and Equipment, Gross 3.76B USD +8.17%
Operating Lease, Liability, Current 73M USD -9.88%
Lessee, Operating Lease, Liability, to be Paid, Year Two 80M USD +2.56%
Lessee, Operating Lease, Liability, to be Paid, Year One 83M USD -12.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -422M USD -229%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 38M USD -13.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 74M USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 44M USD -50%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -556M USD -1136%
Current Income Tax Expense (Benefit) 1.79B USD +93.6%
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 501M USD +56.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 74M USD +10.4%
Operating Lease, Payments 97M USD -9.35%
Additional Paid in Capital 12B USD +17%
Current State and Local Tax Expense (Benefit) 260M USD +97%
Current Federal Tax Expense (Benefit) 1.2B USD +158%
Amortization of Intangible Assets 363M USD -9.25%
Depreciation, Depletion and Amortization 212M USD 0%
Deferred Tax Assets, Net of Valuation Allowance 1.71B USD +24.3%
Share-based Payment Arrangement, Expense 1.75B USD +14.3%
Deferred State and Local Income Tax Expense (Benefit) -93M USD -945%
Interest Expense 108M USD -6.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%