The latest financial statement is for the year ending 2025-11-28.
| Cash Flow | 2025-11-28 | 2024-11-29 | 2023-12-01 | 2022-12-02 |
|---|---|---|---|---|
| Net income | 7,130 | 5,560 | 5,428 | 4,756 |
| Depreciation, amortization and accretion | 818 | 857 | 872 | 856 |
| Stock-based compensation | 1,942 | 1,833 | 1,718 | 1,440 |
| Reduction of operating lease right-of-use assets | - | 77 | 72 | 83 |
| Lease-related asset impairments | 0 | 78 | - | - |
| Deferred income taxes | -512 | -468 | -426 | 328 |
| Unrealized losses (gains) on investments, net | - | 35 | 10 | -29 |
| Other non-cash items | -48 | -10 | -3 | -10 |
| Trade receivables, net | 275 | -143 | 159 | 198 |
| Prepaid expenses and other assets | 90 | 616 | 818 | 94 |
| Trade payables | 64 | 44 | -49 | 66 |
| Accrued expenses and other liabilities | 180 | 196 | 146 | 7 |
| Income taxes payable | -45 | 68 | -11 | 19 |
| Deferred revenue | 771 | 309 | 536 | 536 |
| Net cash provided by operating activities | 10,031 | 8,056 | 7,302 | 7,838 |
| Purchases of short-term investments | 2,034 | 59 | 0 | 909 |
| Maturities of short-term investments | 1,168 | 486 | 965 | 683 |
| Proceeds from sales of short-term investments | 6 | 11 | 223 | 270 |
| Acquisitions, net of cash acquired | 17 | 0 | 0 | 126 |
| Purchases of property and equipment | 179 | 183 | 360 | 442 |
| Purchases of long-term investments, intangibles and other assets | 134 | 108 | 53 | 46 |
| Proceeds from sales of long-term investments and other assets | - | 2 | 1 | 0 |
| Other investing activities, net | -3 | - | - | - |
| Net cash provided by (used for) investing activities | -1,187 | 149 | 776 | -570 |
| Repurchases of common stock | 11,281 | 9,500 | 4,400 | 6,550 |
| Proceeds from re-issuance of treasury stock | 348 | 361 | 314 | 278 |
| Taxes paid related to net share settlement of equity awards | 475 | 677 | 589 | 518 |
| Proceeds from issuance of debt | 1,997 | 1,997 | - | - |
| Repayment of debt | 1,500 | 0 | 500 | 0 |
| Other financing activities, net | -149 | 95 | -7 | -35 |
| Net cash used for financing activities | -11,060 | -7,724 | -5,182 | -6,825 |
| Effect of foreign currency exchange rates on cash and cash equivalents | 34 | -9 | 9 | -51 |
| Net change in cash and cash equivalents | -2,182 | 472 | 2,905 | 392 |
| Cash and cash equivalents at beginning of period | 7,613 | 7,141 | 4,236 | 3,844 |
| Cash and cash equivalents at end of period | 5,431 | 7,613 | 7,141 | 4,236 |
ADOBE INC. (ADBE)
ADOBE INC. (ADBE)