ADBE
Adobe Inc.
NASDAQ · USTechnologySoftware - Infrastructure
$234.74-1.06%
Price as of Jul 20, 2026
ADBE financials
Adobe Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $23.8B | $21.5B | $19.4B | $17.6B |
| Cost of revenue | $2.7B | $2.4B | $2.4B | $2.2B |
| Gross profit | $21.1B | $19.1B | $17.1B | $15.4B |
| Operating expenses | $12.4B | $12.4B | $10.4B | $9.3B |
| Operating income | $8.7B | $6.7B | $6.7B | $6.1B |
| Net income | $7.1B | $5.6B | $5.4B | $4.8B |
| EBITDA | $9.7B | $8.0B | $7.8B | $7.1B |
| Basic EPS | $16.73 | $12.44 | $11.88 | $10.13 |
| Diluted EPS | $16.70 | $12.36 | $11.83 | $10.10 |
| Balance sheet | ||||
| Cash & equivalents | $5.4B | $7.6B | $7.1B | $4.2B |
| Total assets | $29.5B | $30.2B | $29.8B | $27.2B |
| Total liabilities | $17.9B | $16.1B | $13.3B | $13.1B |
| Stockholders’ equity | $11.6B | $14.1B | $16.5B | $14.1B |
| Total debt | $6.6B | $6.1B | $4.1B | $4.6B |
| Net debt | $1.2B | -$1.6B | -$3.1B | $397.0M |
| Cash flow | ||||
| Operating cash flow | $10.0B | $8.1B | $7.3B | $7.8B |
| Capital expenditure | -$179.0M | -$232.0M | -$360.0M | -$442.0M |
| Free cash flow | $9.9B | $7.8B | $6.9B | $7.4B |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | -$11.3B | -$9.5B | -$4.4B | -$6.5B |