# Adobe Inc.: financial statements, quarterly

ADBE · Nasdaq · CIK 796343 · [Technology](/sectors/technology.md) · fiscal year ends Nov 27

Pages: [Overview](/companies/adbe.md) · [Financials](/companies/adbe/financials.md) · [Filings](/companies/adbe/filings.md) · [Insiders](/companies/adbe/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/adbe/financials.md?period=annual).

## Income statement

| Line item | Unit | Q4 FY2023 (2023-12-01) | Q1 FY2024 (2024-03-01) | Q2 FY2024 (2024-05-31) | Q3 FY2024 (2024-08-30) | Q4 FY2024 (2024-11-29) | Q1 FY2025 (2025-02-28) | Q2 FY2025 (2025-05-30) | Q3 FY2025 (2025-08-29) | Q4 FY2025 (2025-11-28) | Q1 FY2026 (2026-02-27) | Q2 FY2026 (2026-05-29) | Q3 FY2026 (2026-08-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [5,048 d](/filings/0000796343-26-000003.md) | [5,182](/filings/0000796343-25-000059.md) | [5,309](/filings/0000796343-25-000073.md) | [5,408](/filings/0000796343-25-000107.md) | [5,606 d](/filings/0000796343-26-000003.md) | [5,714](/filings/0000796343-26-000056.md) | [5,873](/filings/0000796343-26-000112.md) | [5,988](/filings/0000796343-26-000156.md) | [6,194 d](/filings/0000796343-26-000003.md) | [6,398](/filings/0000796343-26-000056.md) | [6,618](/filings/0000796343-26-000112.md) | [6,760](/filings/0000796343-26-000156.md) |
| Cost of revenue | $m | [634 d](/filings/0000796343-26-000003.md) | [590](/filings/0000796343-25-000059.md) | [598](/filings/0000796343-25-000073.md) | [554](/filings/0000796343-25-000107.md) | [616 d](/filings/0000796343-26-000003.md) | [622](/filings/0000796343-26-000056.md) | [638](/filings/0000796343-26-000112.md) | [642](/filings/0000796343-26-000156.md) | [649 d](/filings/0000796343-26-000003.md) | [664](/filings/0000796343-26-000056.md) | [715](/filings/0000796343-26-000112.md) | [763](/filings/0000796343-26-000156.md) |
| Gross profit | $m | [4,414 d](/filings/0000796343-26-000003.md) | [4,592](/filings/0000796343-25-000059.md) | [4,711](/filings/0000796343-25-000073.md) | [4,854](/filings/0000796343-25-000107.md) | [4,990 d](/filings/0000796343-26-000003.md) | [5,092](/filings/0000796343-26-000056.md) | [5,235](/filings/0000796343-26-000112.md) | [5,346](/filings/0000796343-26-000156.md) | [5,545 d](/filings/0000796343-26-000003.md) | [5,734](/filings/0000796343-26-000056.md) | [5,903](/filings/0000796343-26-000112.md) | [5,997](/filings/0000796343-26-000156.md) |
| Operating income | $m | [1,743 d](/filings/0000796343-26-000003.md) | [907](/filings/0000796343-25-000059.md) | [1,885](/filings/0000796343-25-000073.md) | [1,992](/filings/0000796343-25-000107.md) | [1,957 d](/filings/0000796343-26-000003.md) | [2,163](/filings/0000796343-26-000056.md) | [2,109](/filings/0000796343-26-000112.md) | [2,173](/filings/0000796343-26-000156.md) | [2,261 d](/filings/0000796343-26-000003.md) | [2,418](/filings/0000796343-26-000056.md) | [2,238](/filings/0000796343-26-000112.md) | [2,354](/filings/0000796343-26-000156.md) |
| Interest expense | $m | [28.0 d](/filings/0000796343-24-000006.md) | [27.0](/filings/0000796343-24-000065.md) | [41.0](/filings/0000796343-24-000150.md) | [51.0](/filings/0000796343-25-000107.md) | [50.0 d](/filings/0000796343-26-000003.md) | [62.0](/filings/0000796343-26-000056.md) | [68.0](/filings/0000796343-26-000112.md) | [67.0](/filings/0000796343-26-000156.md) | [66.0 d](/filings/0000796343-26-000003.md) | [63.0](/filings/0000796343-26-000056.md) | [65.0](/filings/0000796343-26-000112.md) | [66.0](/filings/0000796343-26-000156.md) |
| Income tax | $m | [325 d](/filings/0000796343-26-000003.md) | [348](/filings/0000796343-25-000059.md) | [357](/filings/0000796343-25-000073.md) | [358](/filings/0000796343-25-000107.md) | [308 d](/filings/0000796343-26-000003.md) | [371](/filings/0000796343-26-000056.md) | [410](/filings/0000796343-26-000112.md) | [415](/filings/0000796343-26-000156.md) | [408 d](/filings/0000796343-26-000003.md) | [533](/filings/0000796343-26-000056.md) | [526](/filings/0000796343-26-000112.md) | [530](/filings/0000796343-26-000156.md) |
| Net income | $m | [1,483 d](/filings/0000796343-26-000003.md) | [620](/filings/0000796343-25-000059.md) | [1,573](/filings/0000796343-25-000073.md) | [1,684](/filings/0000796343-25-000107.md) | [1,683 d](/filings/0000796343-26-000003.md) | [1,811](/filings/0000796343-26-000056.md) | [1,691](/filings/0000796343-26-000112.md) | [1,772](/filings/0000796343-26-000156.md) | [1,856 d](/filings/0000796343-26-000003.md) | [1,889](/filings/0000796343-26-000056.md) | [1,712](/filings/0000796343-26-000112.md) | [1,827](/filings/0000796343-26-000156.md) |
| Diluted EPS | $ per share | not reported | [1.36](/filings/0000796343-25-000059.md) | [3.49](/filings/0000796343-25-000073.md) | [3.76](/filings/0000796343-25-000107.md) | not reported | [4.14](/filings/0000796343-26-000056.md) | [3.94](/filings/0000796343-26-000112.md) | [4.18](/filings/0000796343-26-000156.md) | not reported | [4.60](/filings/0000796343-26-000056.md) | [4.25](/filings/0000796343-26-000112.md) | [4.62](/filings/0000796343-26-000156.md) |
| Basic EPS | $ per share | not reported | [1.37](/filings/0000796343-25-000059.md) | [3.50](/filings/0000796343-25-000073.md) | [3.78](/filings/0000796343-25-000107.md) | not reported | [4.15](/filings/0000796343-26-000056.md) | [3.95](/filings/0000796343-26-000112.md) | [4.18](/filings/0000796343-26-000156.md) | not reported | [4.60](/filings/0000796343-26-000056.md) | [4.26](/filings/0000796343-26-000112.md) | [4.63](/filings/0000796343-26-000156.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | FY2023 (2023-12-01) | Q1 FY2024 (2024-03-01) | Q2 FY2024 (2024-05-31) | Q3 FY2024 (2024-08-30) | FY2024 (2024-11-29) | Q1 FY2025 (2025-02-28) | Q2 FY2025 (2025-05-30) | Q3 FY2025 (2025-08-29) | FY2025 (2025-11-28) | Q1 FY2026 (2026-02-27) | Q2 FY2026 (2026-05-29) | Q3 FY2026 (2026-08-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [7.1](/filings/0000796343-25-000004.md) | [6.3](/filings/0000796343-24-000065.md) | [7.7](/filings/0000796343-24-000150.md) | [7.2](/filings/0000796343-24-000208.md) | [7.6](/filings/0000796343-26-000003.md) | [6.8](/filings/0000796343-25-000059.md) | [4.9](/filings/0000796343-25-000073.md) | [5.0](/filings/0000796343-25-000107.md) | [5.4](/filings/0000796343-26-000156.md) | [6.3](/filings/0000796343-26-000056.md) | [4.9](/filings/0000796343-26-000112.md) | [4.4](/filings/0000796343-26-000156.md) |
| Current assets | $bn | [11.1](/filings/0000796343-25-000004.md) | [10.0](/filings/0000796343-24-000065.md) | [11.0](/filings/0000796343-24-000150.md) | [10.7](/filings/0000796343-24-000208.md) | [11.2](/filings/0000796343-26-000003.md) | [10.9](/filings/0000796343-25-000059.md) | [9.0](/filings/0000796343-25-000073.md) | [9.4](/filings/0000796343-25-000107.md) | [10.2](/filings/0000796343-26-000156.md) | [10.4](/filings/0000796343-26-000056.md) | [9.1](/filings/0000796343-26-000112.md) | [9.2](/filings/0000796343-26-000156.md) |
| Total assets | $bn | [29.8](/filings/0000796343-25-000004.md) | [28.8](/filings/0000796343-24-000065.md) | [30.0](/filings/0000796343-24-000150.md) | [29.8](/filings/0000796343-24-000208.md) | [30.2](/filings/0000796343-26-000003.md) | [30.0](/filings/0000796343-25-000059.md) | [28.1](/filings/0000796343-25-000073.md) | [28.8](/filings/0000796343-25-000107.md) | [29.5](/filings/0000796343-26-000156.md) | [29.7](/filings/0000796343-26-000056.md) | [29.9](/filings/0000796343-26-000112.md) | [30.0](/filings/0000796343-26-000156.md) |
| Current liabilities | $bn | [8.3](/filings/0000796343-25-000004.md) | [9.5](/filings/0000796343-24-000065.md) | [9.5](/filings/0000796343-24-000150.md) | [9.6](/filings/0000796343-24-000208.md) | [10.5](/filings/0000796343-26-000003.md) | [9.2](/filings/0000796343-25-000059.md) | [9.0](/filings/0000796343-25-000073.md) | [9.2](/filings/0000796343-25-000107.md) | [10.2](/filings/0000796343-26-000156.md) | [11.4](/filings/0000796343-26-000056.md) | [12.1](/filings/0000796343-26-000112.md) | [11.9](/filings/0000796343-26-000156.md) |
| Total liabilities | $bn | [13.3](/filings/0000796343-25-000004.md) | [13.3](/filings/0000796343-24-000065.md) | [15.2](/filings/0000796343-24-000150.md) | [15.3](/filings/0000796343-24-000208.md) | [16.1](/filings/0000796343-26-000003.md) | [16.9](/filings/0000796343-25-000059.md) | [16.7](/filings/0000796343-25-000073.md) | [17.0](/filings/0000796343-25-000107.md) | [17.9](/filings/0000796343-26-000156.md) | [18.3](/filings/0000796343-26-000056.md) | [18.4](/filings/0000796343-26-000112.md) | [18.2](/filings/0000796343-26-000156.md) |
| Long-term debt | $bn | [3.6](/filings/0000796343-25-000004.md) | [2.1](/filings/0000796343-24-000065.md) | [4.1](/filings/0000796343-24-000150.md) | [4.1](/filings/0000796343-24-000208.md) | [4.1](/filings/0000796343-26-000003.md) | [6.2](/filings/0000796343-25-000059.md) | [6.2](/filings/0000796343-25-000073.md) | [6.2](/filings/0000796343-25-000107.md) | [6.2](/filings/0000796343-26-000156.md) | [5.4](/filings/0000796343-26-000056.md) | [4.8](/filings/0000796343-26-000112.md) | [4.8](/filings/0000796343-26-000156.md) |
| Current portion of debt | $bn | [0.0](/filings/0000796343-25-000004.md) | [1.5](/filings/0000796343-24-000065.md) | [1.5](/filings/0000796343-24-000150.md) | [1.5](/filings/0000796343-24-000208.md) | [1.5](/filings/0000796343-26-000003.md) | [0.0](/filings/0000796343-25-000059.md) | [0.0](/filings/0000796343-25-000073.md) | [0.0](/filings/0000796343-25-000107.md) | [0.0](/filings/0000796343-26-000056.md) | [0.9](/filings/0000796343-26-000056.md) | [1.8](/filings/0000796343-26-000112.md) | [1.6](/filings/0000796343-26-000156.md) |
| Shareholders' equity | $bn | [16.5](/filings/0000796343-26-000003.md) | [15.5](/filings/0000796343-25-000073.md) | [14.8](/filings/0000796343-25-000107.md) | [14.5](/filings/0000796343-25-000107.md) | [14.1](/filings/0000796343-26-000156.md) | [13.1](/filings/0000796343-26-000112.md) | [11.4](/filings/0000796343-26-000156.md) | [11.8](/filings/0000796343-26-000156.md) | [11.6](/filings/0000796343-26-000156.md) | [11.4](/filings/0000796343-26-000112.md) | [11.5](/filings/0000796343-26-000156.md) | [11.8](/filings/0000796343-26-000156.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Current portion of debt: us-gaap:DebtCurrent, us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q4 FY2023 (2023-12-01) | Q1 FY2024 (2024-03-01) | Q2 FY2024 (2024-05-31) | Q3 FY2024 (2024-08-30) | Q4 FY2024 (2024-11-29) | Q1 FY2025 (2025-02-28) | Q2 FY2025 (2025-05-30) | Q3 FY2025 (2025-08-29) | Q4 FY2025 (2025-11-28) | Q1 FY2026 (2026-02-27) | Q2 FY2026 (2026-05-29) | Q3 FY2026 (2026-08-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [1,597 d](/filings/0000796343-26-000003.md) | [1,174](/filings/0000796343-25-000059.md) | [1,940 d](/filings/0000796343-25-000073.md) | [2,021 d](/filings/0000796343-25-000107.md) | [2,921 d](/filings/0000796343-26-000003.md) | [2,482](/filings/0000796343-26-000056.md) | [2,191 d](/filings/0000796343-26-000112.md) | [2,198 d](/filings/0000796343-26-000156.md) | [3,160 d](/filings/0000796343-26-000003.md) | [2,958](/filings/0000796343-26-000056.md) | [2,165 d](/filings/0000796343-26-000112.md) | [2,523 d](/filings/0000796343-26-000156.md) |
| Capital expenditure | $m | [47.0 d](/filings/0000796343-26-000003.md) | [37.0](/filings/0000796343-25-000059.md) | [41.0 d](/filings/0000796343-25-000073.md) | [57.0 d](/filings/0000796343-25-000107.md) | [48.0 d](/filings/0000796343-26-000003.md) | [26.0](/filings/0000796343-26-000056.md) | [47.0 d](/filings/0000796343-26-000112.md) | [72.0 d](/filings/0000796343-26-000156.md) | [34.0 d](/filings/0000796343-26-000003.md) | [37.0](/filings/0000796343-26-000056.md) | [58.0 d](/filings/0000796343-26-000112.md) | [85.0 d](/filings/0000796343-26-000156.md) |
| Share repurchases | $m | [1,000 d](/filings/0000796343-26-000003.md) | [2,000](/filings/0000796343-25-000059.md) | [2,500 d](/filings/0000796343-25-000073.md) | [2,500 d](/filings/0000796343-25-000107.md) | [2,500 d](/filings/0000796343-26-000003.md) | [3,250](/filings/0000796343-26-000056.md) | [3,500 d](/filings/0000796343-26-000112.md) | [2,057 d](/filings/0000796343-26-000156.md) | [2,474 d](/filings/0000796343-26-000003.md) | [2,478](/filings/0000796343-26-000056.md) | [2,111 d](/filings/0000796343-26-000112.md) | [2,232 d](/filings/0000796343-26-000156.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q1 FY2023 (2023-03-03) | Q2 FY2023 (2023-06-02) | Q3 FY2023 (2023-09-01) | Q1 FY2024 (2024-03-01) | Q2 FY2024 (2024-05-31) | Q3 FY2024 (2024-08-30) | Q1 FY2025 (2025-02-28) | Q2 FY2025 (2025-05-30) | Q3 FY2025 (2025-08-29) | Q1 FY2026 (2026-02-27) | Q2 FY2026 (2026-05-29) | Q3 FY2026 (2026-08-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [460](/filings/0000796343-24-000065.md) | [459](/filings/0000796343-24-000150.md) | [460](/filings/0000796343-24-000208.md) | [456](/filings/0000796343-25-000059.md) | [451](/filings/0000796343-25-000073.md) | [448](/filings/0000796343-25-000107.md) | [438](/filings/0000796343-26-000056.md) | [429](/filings/0000796343-26-000112.md) | [424](/filings/0000796343-26-000156.md) | [411](/filings/0000796343-26-000056.md) | [403](/filings/0000796343-26-000112.md) | [396](/filings/0000796343-26-000156.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 389,200,000 at 2026-09-18, from the cover of the [10-Q filed 2026-09-22](/filings/0000796343-26-000156.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:24 ET. No prices; not investment advice.