ADOBE INC. (ADBE)
2025-05-30 | 2025-02-28 | 2024-08-30 | 2024-05-31 | |
---|---|---|---|---|
Revenue | 5,873 | 5,714 | 5,408 | 5,309 |
Service Other | 127 | 126 | 135 | 134 |
Product | 6 | 6 | 6 | 8 |
Subscription Revenue | 505 | 490 | 413 | 456 |
Cost of revenue | 638 | 622 | 554 | 598 |
Gross profit | 5,235 | 5,092 | 4,854 | 4,711 |
Sales and marketing | 1,626 | 1,495 | 1,431 | 1,445 |
Research and development | 1,082 | 1,026 | 1,022 | 984 |
Acquisition termination fee | - | - | - | - |
General and administrative | 377 | 367 | 366 | 355 |
Amortization of intangibles | 41 | 41 | 43 | 42 |
Total operating expenses | 3,126 | 2,929 | 2,862 | 2,826 |
Operating income | 2,109 | 2,163 | 1,992 | 1,885 |
Interest expense | - | - | - | 41 |
Other income (expense), net | 58 | 75 | 89 | 82 |
Interest expense | 68 | 62 | 51 | - |
Investment gains (losses), net | 2 | 6 | 12 | 4 |
Total non-operating income (expense), net | -8 | 19 | 50 | 45 |
Income before income taxes | 2,101 | 2,182 | 2,042 | 1,930 |
Provision for income taxes | 410 | 371 | 358 | 357 |
Net income | 1,691 | 1,811 | 1,684 | 1,573 |
Basic net income per share (in usd per share) | 3.95 | 4.15 | 3.78 | 3.5 |
Diluted net income per share (in usd per share) | 3.94 | 4.14 | 3.76 | 3.49 |
Shares used to compute basic net income per share (in shares) | 428,200,000 | 436,200,000 | 445,000,000 | 449,100,000 |
Shares used to compute diluted net income per share (in shares) | 428,900,000 | 438,000,000 | 447,600,000 | 451,000,000 |