adbe: the income statement

MyFinsight

For the quarter ending 2025-08-29, ADBE made $5,988M in revenue. $1,772M in net income. Net profit margin of 29.59%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-08-29	2025-05-30	2025-02-28	2024-08-30
Revenue	5,988	5,873	5,714	5,408
Cost of revenue	642	638	622	554
Gross profit	5,346	5,235	5,092	4,854
Research and development	1,088	1,082	1,026	1,022
Sales and marketing	1,639	1,626	1,495	1,431
General and administrative	408	377	367	366
Acquisition termination fee	0	0	0	0
Amortization of intangibles	38	41	41	43
Total operating expenses	3,173	3,126	2,929	2,862
Operating income	2,173	2,109	2,163	1,992
Interest expense	67	68	62	51
Investment gains (losses), net	23	2	6	12
Other income (expense), net	58	58	75	89
Total non-operating income (expense), net	14	-8	19	50
Income before income taxes	2,187	2,101	2,182	2,042
Provision for income taxes	415	410	371	358
Net income	1,772	1,691	1,811	1,684

Basic net income per share (in usd per share)	4.18	3.95	4.15	3.78
Diluted net income per share (in usd per share)	4.18	3.94	4.14	3.76
Shares used to compute basic net income per share (in shares)	423,000,000	428,000,000	436,000,000	445,000,000
Shares used to compute diluted net income per share (in shares)	424,000,000	429,000,000	438,000,000	448,000,000