Adobe (ADBE)
Subscription software for creative production, document workflows, and enterprise marketing.
$240.04
vs last close−9.48 (−3.80%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24May 2024 | Q3 FY24Aug 2024 | Q4 FY24Nov 2024 | Q1 FY25Feb 2025 | Q2 FY25May 2025 | Q3 FY25Aug 2025 | Q4 FY25Nov 2025 | Q1 FY26Feb 2026 | Q2 FY26May 2026 | Q3 FY26Aug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,048 | 5,182 | 5,309 | 5,408 | 5,606 | 5,714 | 5,873 | 5,988 | 6,194 | 6,398 | 6,618 | 6,760 |
| Cost of revenue | 634 | 590 | 598 | 554 | 616 | 622 | 638 | 642 | 686 | 664 | 715 | 803 |
| Gross profit | 4,414 | 4,592 | 4,711 | 4,854 | 4,990 | 5,092 | 5,235 | 5,346 | 5,508 | 5,734 | 5,903 | 5,957 |
| 2,671 | 3,685 | 2,826 | 2,862 | 3,033 | 2,929 | 3,126 | 3,173 | 3,247 | 3,316 | 3,665 | 3,603 | |
| Research & development | 889 | 939 | 984 | 1,022 | 999 | 1,026 | 1,082 | 1,088 | 1,098 | 1,110 | 1,198 | 1,288 |
| 1,740 | 1,704 | 1,800 | 1,797 | 1,992 | 1,862 | 2,003 | 2,047 | 2,149 | 2,171 | 2,430 | 2,315 | |
| Selling & marketing | 1,368 | 1,352 | 1,445 | 1,431 | 1,536 | 1,495 | 1,626 | 1,639 | 1,728 | 1,708 | 1,884 | 1,827 |
| General & administrative | 372 | 352 | 355 | 366 | 456 | 367 | 377 | 408 | 421 | 463 | 546 | 488 |
| Other expenses | 42 | 1,042 | 42 | 43 | 42 | 41 | 41 | 38 | 0 | 35 | 37 | 0 |
| Operating income | 1,743 | 907 | 1,885 | 1,992 | 1,957 | 2,163 | 2,109 | 2,173 | 2,261 | 2,418 | 2,238 | 2,354 |
| 65 | 61 | 45 | 50 | 34 | 19 | −8 | 14 | 3 | 4 | 0 | 3 | |
| Interest income | 269 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 28 | 27 | 41 | 51 | 50 | 62 | 68 | 67 | 66 | 63 | 65 | 66 |
| Other non-operating income | −93 | −88 | −86 | −101 | −84 | −81 | −60 | −81 | −3 | −67 | −65 | 0 |
| Income before tax | 1,808 | 968 | 1,930 | 2,042 | 1,991 | 2,182 | 2,101 | 2,187 | 2,264 | 2,422 | 2,238 | 2,357 |
| Income tax expense | 325 | 348 | 357 | 358 | 308 | 371 | 410 | 415 | 408 | 533 | 526 | 530 |
| Net income from continuing operations | 1,483 | 620 | 1,573 | 1,684 | 1,683 | 1,811 | 1,691 | 1,772 | 1,856 | 1,889 | 1,712 | 1,827 |
| Net income | 1,483 | 620 | 1,573 | 1,684 | 1,683 | 1,811 | 1,691 | 1,772 | 1,856 | 1,889 | 1,712 | 1,827 |
| EPS, basic | $3.26 | $1.37 | $3.50 | $3.78 | $3.81 | $4.15 | $3.95 | $4.18 | $4.45 | $4.61 | $4.26 | $4.63 |
| EPS, diluted | $3.23 | $1.36 | $3.49 | $3.76 | $3.80 | $4.13 | $3.95 | $4.18 | $4.45 | $4.60 | $4.25 | $4.62 |
| Weighted average shares, basic | 455 | 453 | 449 | 445 | 443 | 436 | 432 | 429 | 417 | 410 | 402 | 395 |
| Weighted average shares, diluted | 459 | 456 | 451 | 448 | 443 | 438 | 433 | 430 | 417 | 411 | 402 | 395 |
| EBITDA | 2,076 | 1,207 | 2,185 | 2,306 | 2,259 | 2,461 | 2,378 | 2,462 | 2,448 | 2,659 | 2,496 | 2,569 |
| Depreciation & amortization | 240 | 212 | 214 | 213 | 218 | 217 | 209 | 208 | 184 | 174 | 193 | 215 |
| EBIT | 1,836 | 995 | 1,971 | 2,093 | 2,041 | 2,244 | 2,169 | 2,254 | 2,264 | 2,485 | 2,303 | 2,354 |