Adobe Inc. income statement & cash flow

Ticker ADBE · SEC CIK 796343 · Latest fiscal year ended Nov 28, 2025

In the fiscal year ended Nov 28, 2025, Adobe Inc. reported net income of $7.13B on revenue of $23.77B. Operating cash flow was $10.03B and capital expenditures were $179.00M, leaving $9.85B of free cash flow (operating cash flow minus capital expenditures).

Adobe Inc. net income by fiscal year, USD. Hover a bar for the exact figure.

Income statement and cash flow summary

Fiscal year ended	Dec 2016	Dec 2017	Nov 2018	Nov 2019	Nov 2020	Dec 2021	Dec 2022	Dec 2023	Nov 2024	Nov 2025
Revenue (USD)	$5.85B	$7.30B	$9.03B	$11.17B	$12.87B	$15.79B	$17.61B	$19.41B	$21.50B	$23.77B
Gross profit (USD)	$5.03B	$6.29B	$7.83B	$9.50B	$11.15B	$13.92B	$15.44B	$17.05B	$19.15B	$21.22B
Operating income (USD)	$1.49B	$2.17B	$2.84B	$3.27B	$4.24B	$5.80B	$6.10B	$6.65B	$6.74B	$8.71B
Net income (USD)	$1.17B	$1.69B	$2.59B	$2.95B	$5.26B	$4.82B	$4.76B	$5.43B	$5.56B	$7.13B
Diluted EPS (USD per share)	$2.32	$3.38	$5.20	$6.00	$10.83	$10.02	$10.10	$11.82	$12.36	$16.70
Operating cash flow (USD)	$2.20B	$2.91B	$4.03B	$4.42B	$5.73B	$7.23B	$7.84B	$7.30B	$8.06B	$10.03B
Capital expenditures (USD)	$203.81M	$178.12M	$267.00M	$395.00M	$419.00M	$348.00M	$442.00M	$360.00M	$183.00M	$179.00M
Reported in	10-K 2019	10-K 2020	10-K 2021	10-K 2022	10-K 2023	10-K 2024	10-K 2025	10-K 2026	10-K 2026	10-K 2026

Columns are fiscal years, labeled by the month the year ended; scroll sideways on small screens. — means the company did not report the figure under the XBRL concepts we track.

Margins

Each figure divided by revenue for the same fiscal year.

Fiscal year ended	Gross margin	Operating margin	Net margin
Nov 2025	89.3%	36.6%	30.0%
Nov 2024	89.0%	31.3%	25.9%
Dec 2023	87.9%	34.3%	28.0%
Dec 2022	87.7%	34.6%	27.0%
Dec 2021	88.2%	36.8%	30.5%

Adobe Inc. operating cash flow by fiscal year, USD. Hover a bar for the exact figure.

Source: SEC EDGAR XBRL company facts for CIK 796343 (raw data). Most recent filing in this dataset: 10-Q filed Sep 22, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.