ADBE
Adobe Systems Incorporated
NASDAQ: ADBE · TECHNOLOGY · SOFTWARE - APPLICATION
$246.10
+1.04% today
Updated 2026-04-30
Market cap
$98.45B
P/E ratio
14.19
P/S ratio
4.03x
EPS (TTM)
$17.17
Dividend yield
—
52W range
$224 – $423
Volume
5.8M
Adobe Systems Incorporated (ADBE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.58B | $3.16B | $3.58B | $2.95B | $3.80B | $4.22B | $4.40B | $4.06B | $4.15B | $4.80B | $5.85B | $7.30B | $9.03B | $11.17B | $12.87B | $15.79B | $17.61B | $19.41B | $21.50B | $23.77B |
| Revenue growth (YoY) | — | +22.6% | +13.4% | -17.7% | +29.0% | +11.0% | +4.4% | -7.9% | +2.3% | +15.6% | +22.1% | +24.7% | +23.7% | +23.7% | +15.2% | +22.7% | +11.5% | +10.2% | +10.8% | +10.5% |
| Cost of revenue | $292.46M | $354.69M | $362.63M | $296.73M | $403.50M | $437.87M | $483.78M | $586.56M | $622.08M | $744.32M | $819.91M | $1.01B | $1.19B | $1.67B | $1.72B | $1.86B | $2.17B | $2.35B | $2.36B | $2.71B |
| Gross profit | $2.28B | $2.80B | $3.22B | $2.65B | $3.40B | $3.78B | $3.92B | $3.47B | $3.52B | $4.05B | $5.03B | $6.29B | $7.84B | $9.50B | $11.15B | $13.92B | $15.44B | $17.05B | $19.15B | $21.06B |
| Gross margin | 88.6% | 88.8% | 89.9% | 89.9% | 89.4% | 89.6% | 89.0% | 85.5% | 85.0% | 84.5% | 86.0% | 86.2% | 86.8% | 85.0% | 86.6% | 88.2% | 87.7% | 87.9% | 89.0% | 88.6% |
| R&D | $539.68M | $613.24M | $662.06M | $565.14M | $680.33M | $738.05M | $742.82M | $826.63M | $844.35M | $862.73M | $975.99M | $1.22B | $1.54B | $1.93B | $2.19B | $2.54B | $2.99B | $3.47B | $3.94B | $4.29B |
| SG&A | $235.12M | $274.98M | $337.29M | $298.75M | $383.50M | $414.61M | $434.98M | $520.12M | $543.33M | $531.92M | $577.71M | $624.71M | $744.90M | $880.64M | $968.00M | $1.08B | $1.22B | $1.41B | $1.53B | $1.57B |
| Operating income | $551.29M | $857.59M | $1.03B | $690.51M | $993.07M | $1.10B | $1.18B | $422.72M | $412.69M | $903.10M | $1.49B | $2.17B | $2.84B | $3.27B | $4.24B | $5.80B | $6.10B | $6.65B | $6.74B | $8.71B |
| Operating margin | 21.4% | 27.2% | 28.7% | 23.4% | 26.1% | 26.1% | 26.8% | 10.4% | 10.0% | 18.8% | 25.5% | 29.7% | 31.5% | 29.3% | 32.9% | 36.8% | 34.6% | 34.3% | 31.3% | 36.6% |
| EBITDA | $878.85M | $1.17B | $1.36B | $987.35M | $1.29B | $1.37B | $1.49B | $744.88M | $734.70M | $1.28B | $1.84B | $2.54B | $3.23B | $4.10B | $5.05B | $6.67B | $7.05B | $7.78B | $7.96B | $9.75B |
| EBITDA margin | 34.1% | 37.2% | 38.0% | 33.5% | 34.0% | 32.5% | 33.7% | 18.4% | 17.7% | 26.6% | 31.4% | 34.8% | 35.8% | 36.7% | 39.2% | 42.3% | 40.1% | 40.1% | 37.0% | 41.0% |
| EBIT | $571.03M | $858.14M | $1.09B | $704.93M | $1.00B | $1.10B | $1.19B | $423.65M | $421.11M | $937.97M | $1.51B | $2.21B | $2.88B | $3.36B | $4.29B | $5.81B | $6.12B | $6.91B | $7.10B | $8.93B |
| Interest expense | $128.00M | $0.00 | $10.02M | $3.41M | $56.95M | $66.95M | $67.49M | $67.51M | $59.73M | $64.18M | $70.44M | $74.40M | $89.00M | $157.00M | $116.00M | $113.00M | $112.00M | $113.00M | $164.00M | $263.00M |
| Income tax | $173.92M | $223.38M | $206.69M | $315.01M | $168.47M | $202.38M | $286.02M | $66.16M | $92.98M | $244.23M | $266.36M | $443.69M | $203.10M | $253.28M | $-1.08B | $883.00M | $1.25B | $1.37B | $1.37B | $1.60B |
| Effective tax rate | 25.6% | 23.6% | 19.2% | 44.9% | 17.9% | 19.5% | 25.6% | 18.6% | 25.7% | 28.0% | 18.6% | 20.8% | 7.3% | 7.9% | -26.0% | 15.5% | 20.8% | 20.2% | 19.8% | 18.4% |
| Net income | $505.81M | $723.81M | $871.81M | $386.51M | $774.68M | $832.85M | $832.77M | $289.99M | $268.39M | $629.55M | $1.17B | $1.69B | $2.59B | $2.95B | $5.26B | $4.82B | $4.76B | $5.43B | $5.56B | $7.13B |
| Net income growth (YoY) | — | +43.1% | +20.4% | -55.7% | +100.4% | +7.5% | -0.0% | -65.2% | -7.4% | +134.6% | +85.7% | +44.9% | +52.9% | +13.9% | +78.2% | -8.3% | -1.4% | +14.1% | +2.4% | +28.2% |
| Profit margin | 19.6% | 22.9% | 24.4% | 13.1% | 20.4% | 19.8% | 18.9% | 7.2% | 6.5% | 13.1% | 20.0% | 23.2% | 28.7% | 26.4% | 40.9% | 30.5% | 27.0% | 28.0% | 25.9% | 30.0% |