Adobe Inc.
ADBEFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
11/28/2025
Revenue
23,769
Cost of Revenue
2,708
Gross Profit
21,061
Gross Margin
88.6%
Operating Income
8,706
Operating Margin
36.6%
Net Income
7,130
Net Margin
30.0%
EPS (Basic)
$16.73
EPS (Diluted)
$16.70
EBITDA
9,749
EBITDA Margin
41.0%
2024
11/29/2024
Revenue
21,505
Cost of Revenue
2,358
Gross Profit
19,147
Gross Margin
89.0%
Operating Income
6,741
Operating Margin
31.3%
Net Income
5,560
Net Margin
25.9%
EPS (Basic)
$12.44
EPS (Diluted)
$12.36
EBITDA
7,957
EBITDA Margin
37.0%
2023
12/1/2023
Revenue
19,409
Cost of Revenue
2,354
Gross Profit
17,055
Gross Margin
87.9%
Operating Income
6,650
Operating Margin
34.3%
Net Income
5,428
Net Margin
28.0%
EPS (Basic)
$11.88
EPS (Diluted)
$11.83
EBITDA
7,784
EBITDA Margin
40.1%
2022
12/2/2022
Revenue
17,606
Cost of Revenue
2,165
Gross Profit
15,441
Gross Margin
87.7%
Operating Income
6,098
Operating Margin
34.6%
Net Income
4,756
Net Margin
27.0%
EPS (Basic)
$10.13
EPS (Diluted)
$10.10
EBITDA
7,055
EBITDA Margin
40.1%
2021
12/3/2021
Revenue
15,785
Cost of Revenue
1,865
Gross Profit
13,920
Gross Margin
88.2%
Operating Income
5,802
Operating Margin
36.8%
Net Income
4,822
Net Margin
30.5%
EPS (Basic)
$10.10
EPS (Diluted)
$10.02
EBITDA
6,675
EBITDA Margin
42.3%