Adobe Inc. (NASDAQ:ADBE)

Stock Price: $631.82

+5.735 (0.92%)

Updated Sep 23, 2021 05:29 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	301B
Revenue	14.39B
Gross Profit	12.64B
Shares Out	476.40M
EPS (ttm)	11.56
PE Ratio	53.4333
Forward PE	43.7614
Dividend Rate (ttm)	0.0000
Dividend Yield	0.0000

Trading Day	Sep 23
Last Price	$631.82
Previous Close	$626.08
Change ($)	5.735
Change (%)	0.92%
Day's Open	631.815
Day's Range	Market Closed
Day's Volume	1.61M
52 Week Range	420.78 - 673.88

About

Country

United States

Industry

Software Publishers

Sector

Information

Employees

22,516

CEO

Shantanu Narayen

Address

345 Park Ave
San Jose
California
95110-2704

Phone

14085366000

Website

www.adobe.com

Ticker Symbol

ADBE

Exchange

NASDAQ Stock Exchange

Reporting Currency

USD

News

Should you buy or sell Adobe shares? The stock fell despite posting solid Q3 results

September 22, 2021

Jim Cramer: ‘buy Adobe into this week, just not today’

September 22, 2021

Adobe shares are trading lower after-hours: here’s why

September 21, 2021

Walmart partners with Adobe to sell its marketplace software to other retailers

July 30, 2021

4 key takeaways from Adobe’s Q2 earnings report

June 17, 2021

Comcast, PayPal, Adobe price analysis roundup

May 23, 2021

Adobe beats Wall Street estimates in the fiscal first quarter

March 23, 2021

Adobe reports a 14% annualised growth in its revenue in the third quarter

September 15, 2020

Adobe releases an upbeat Q2 earnings report on a higher demand for digital products

June 12, 2020

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4 Tech Stocks to Buy Amid The Coronavirus Selloff

February 29, 2020

Adobe Inc. earnings reports (2020)

	Q4 2020	Q3 2020	Q2 2020	Q1 2020
Actual EPS	2.81	2.57	2.45	2.27
Consensus EPS	2.656	2.41	2.32	2.23
Announce Time	BTO	AMC	AMC	AMC
Number of Estimates	22	24	25	25
EPS Surprise Dollar	0.15400004386902	0.16	0.13	0.04
EPS Report Date	10-12-2020	15-09-2020	11-06-2020	12-03-2020
Fiscal End Date	30-11-2020	31-08-2020	31-05-2020	29-02-2020
Year Ago	2.29	2.05	1.83	1.71
Year Ago % Change	22.707423126144%	25.37%	33.88%	32.75%

Adobe Inc. earnings reports (2019)

	Q4 2019	Q3 2019	Q2 2019
Actual EPS	2.29	2.05	1.83
Consensus EPS	2.26	1.97	1.78
Announce Time	AMC	AMC	AMC
Number of Estimates	27	26	27
EPS Surprise Dollar	0.03	0.08	0.05
EPS Report Date	12-12-2019	16-09-2019	17-06-2019
Fiscal End Date	30-11-2019	30-08-2019	30-05-2019
Year Ago	1.83	1.73	1.66
Year Ago % Change	25.14%	18.5%	10.24%

Adobe Inc. income statements (2020) (USD)

	September 2020	August 2020	May 2020	February 2020
Total Revenue	3.23B	3.23B	3.12B	3.08B
Cost of Revenue	427M	468M	455M	494M
Gross Profit	2.80B	2.76B	2.67B	2.59B
Research & Development	566M	566M	532M	532M
Selling General & Admin	1.12B	1.12B	1.13B	1.13B
Operating Expense	2.16B	2.16B	2.11B	2.15B
Operating Income	1.07B	1.07B	1.01B	0.93B
Other Income Expense Net	0	-10M	-11M	-11M
EBIT	1.07B	1.07B	1.01B	0.93B
Interest Income	21M	27M	27M	33M
Pretax Income	1.06B	1.06B	1B	0.92B
Income Tax	105M	105M	-100M	-36M
Minority Interest	0	0	0	0
Net Income	0.96B	0.96B	1.10B	0.96B
Net Income Basic	0.96B	0.96B	1.10B	0.96B

Adobe Inc. income statements (2019) (USD)

	November 2019	August 2019	May 2019	February 2019
Total Revenue	2.98B	2.82B	2.74B	2.59B
Cost of Revenue	494.68M	458.92M	450.51M	443.85M
Gross Profit	2.49B	2.36B	2.28B	2.15B
Research & Development	499.81M	489.83M	475.96M	464.64M
Selling General & Admin	1.03B	1.03B	1.07B	1B
Operating Expense	2.02B	1.98B	1.99B	1.91B
Operating Income	0.96B	843.04M	740.56M	686.33M
Other Income Expense Net	-1.18M	-8.55M	-29.79M	16.01M
EBIT	0.96B	843.04M	740.56M	686.33M
Interest Income	36.21M	39.53M	40.58M	40.59M
Pretax Income	0.96B	834.49M	710.77M	702.33M
Income Tax	105.29M	41.73M	78.18M	28.09M
Minority Interest	0	0	0	0
Net Income	851.86M	792.76M	632.59M	674.24M
Net Income Basic	851.86M	792.76M	632.59M	674.24M

Adobe Inc. income statements (2018) (USD)

	November 2018	August 2018	May 2018	February 2018
Total Revenue	2.43B	2.27B	2.20B	2.08B
Cost of Revenue	392.19M	319.37M	298.49M	276.05M
Gross Profit	2.04B	1.95B	1.90B	1.80B
Research & Development	415.96M	398.96M	374.13M	348.77M
Selling General & Admin	0.94B	854.15M	824.26M	751.40M
Operating Expense	1.74B	1.57B	1.50B	1.38B
Operating Income	690.06M	701.81M	698.15M	701.71M
Other Income Expense Net	9.16M	-451K	-7.35M	791K
EBIT	690.06M	701.81M	698.15M	701.71M
Interest Income	27.87M	21.11M	20.36M	19.90M
Pretax Income	699.22M	701.36M	690.80M	702.50M
Income Tax	20.98M	35.07M	27.63M	119.43M
Minority Interest	0	0	0	0
Net Income	678.24M	666.29M	663.17M	583.08M
Net Income Basic	678.24M	666.29M	663.17M	583.08M

Adobe Inc. income statements (2017) (USD)

	November 2017	August 2017	May 2017
Total Revenue	2.01B	1.84B	1.76B
Cost of Revenue	289.56M	282.35M	258.68M
Gross Profit	1.72B	1.56B	1.50B
Research & Development	324.03M	315.56M	299.40M
Selling General & Admin	743.67M	697.50M	710.03M
Operating Expense	1.36B	1.30B	1.27B
Operating Income	648.33M	545.45M	490.77M
Other Income Expense Net	-5.32M	-4.07M	1.85M
EBIT	648.33M	545.45M	490.77M
Interest Income	19.12M	18.81M	18.35M
Pretax Income	643.01M	541.38M	492.62M
Income Tax	141.46M	121.81M	118.23M
Minority Interest	0	0	0
Net Income	501.55M	419.57M	374.39M
Net Income Basic	501.55M	419.57M	374.39M

Adobe Inc. balance sheet (2020) (USD)

	September 2020	August 2020	May 2020	February 2020
Current Cash	5.26B	3.77B	3.04B	2.69B
Receivables	1.32B	1.32B	1.37B	1.39B
Inventory	0	N.A	N.A	N.A
Current Assets	7.39B	7.39B	6.65B	6.46B
Other Current Assets	805M	805M	0.93B	895M
Short Term Investments	805M	1.50B	1.31B	1.48B
Long Term Investments	15.03B	N.A	N.A	N.A
Property/Plant Equipment	1.47B	1.97B	1.88B	1.84B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.45B	1.45B	1.54B	1.63B
Tangible Assets (Net)	-471M	-12.26B	-13B	-13.51B
Other Assets	650M	650M	617M	598M
Total Assets	22.41B	22.41B	21.60B	21.21B
Accounts Payable	229M	229M	289M	265M
Other Current Liabilities	4.90B	4.63B	4.62B	4.73B
Total Current Liabilities	5.13B	5.13B	5.16B	5.23B
Total Liabilities	10.70B	10.70B	10.72B	10.75B
Long Term Debt	4.12B	4.64B	4.61B	4.63B
Current Long Term Debt	0	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	7.20B	480M	480M	483M
Treasury Stock	-12.71B	12.71B	12.24B	11.40B
Retained Earnings	17.38B	17.38B	16.43B	15.39B
Capital Surplus	N.A	7.20B	6.89B	6.67B
Shareholder Equity	11.71B	11.71B	10.88B	10.47B
Other Liabilities	N.A	N.A	N.A	N.A

Adobe Inc. balance sheet (2019) (USD)

	November 2019	August 2019	May 2019	February 2019
Current Cash	2.65B	2.21B	2.08B	1.74B
Receivables	1.53B	1.37B	1.27B	1.34B
Inventory	N.A	N.A	N.A	N.A
Current Assets	6.34B	5.59B	5.19B	4.99B
Other Current Assets	624.14M	570.11M	438.40M	417.92M
Short Term Investments	1.53B	1.44B	1.40B	1.49B
Long Term Investments	N.A	N.A	N.A	N.A
Property/Plant Equipment	1.29B	1.24B	1.21B	1.10B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	1.72B	1.82B	1.92B	2.02B
Tangible Assets (Net)	-13.44B	-13.77B	-14.1B	-14.18B
Other Assets	721.70M	714.58M	655.82M	690.14M
Total Assets	21.21B	20.05B	19.67B	19.51B
Accounts Payable	209.50M	187M	169.10M	145.29M
Other Current Liabilities	4.78B	4.42B	4.33B	4.25B
Total Current Liabilities	8.19B	7.80B	7.69B	5.31B
Total Liabilities	10.68B	9.81B	9.73B	9.63B
Long Term Debt	0.99B	0.99B	0.99B	3.24B
Current Long Term Debt	3.15B	3.15B	3.15B	892.75M
Minority Interest	0	0	0	0
Common Stock	482.34M	484.90M	486.27M	488.50M
Treasury Stock	10.62B	9.87B	9.16B	8.41B
Retained Earnings	14.83B	13.98B	13.18B	12.58B
Capital Surplus	6.50B	6.33B	6.05B	5.86B
Shareholder Equity	10.53B	10.24B	9.93B	9.87B
Other Liabilities	N.A	N.A	N.A	N.A

Adobe Inc. balance sheet (2018) (USD)

	November 2018	August 2018	May 2018	February 2018
Current Cash	1.64B	1.75B	2.99B	2.67B
Receivables	1.32B	1.04B	1.07B	1.06B
Inventory	N.A	N.A	N.A	N.A
Current Assets	4.86B	6.30B	7.74B	7.48B
Other Current Assets	312.50M	311.94M	332.50M	270.15M
Short Term Investments	1.59B	3.20B	3.35B	3.48B
Long Term Investments	N.A	N.A	N.A	N.A
Property/Plant Equipment	1.08B	1.02B	0.99B	0.99B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	2.07B	669.48M	320.48M	353.74M
Tangible Assets (Net)	-14.52B	-6.67B	-3.81B	-3.94B
Other Assets	186.52M	183.82M	166.23M	153.65M
Total Assets	19.28B	15.40B	15.16B	14.97B
Accounts Payable	186.26M	145.57M	117.19M	131.09M
Other Current Liabilities	4.08B	3.64B	3.57B	3.39B
Total Current Liabilities	4.30B	3.79B	3.73B	3.54B
Total Liabilities	9.92B	6.53B	6.46B	6.34B
Long Term Debt	4.12B	1.87B	1.87B	1.87B
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	487.66M	489.01M	490.44M	492.88M
Treasury Stock	7.99B	7.70B	6.99B	6.30B
Retained Earnings	11.82B	11.14B	10.47B	9.83B
Capital Surplus	5.69B	5.55B	5.35B	5.21B
Shareholder Equity	9.36B	8.86B	8.71B	8.63B
Other Liabilities	N.A	N.A	N.A	N.A

Adobe Inc. balance sheet (2017) (USD)

	November 2017	August 2017	May 2017
Current Cash	2.31B	1.77B	1.32B
Receivables	1.22B	1.01B	0.90B
Inventory	N.A	N.A	N.A
Current Assets	7.25B	6.58B	6.05B
Other Current Assets	210.07M	206.38M	219.23M
Short Term Investments	3.51B	3.59B	3.61B
Long Term Investments	N.A	N.A	N.A
Property/Plant Equipment	0.94B	0.94B	0.92B
Good Will	N.A	N.A	N.A
Intangible Assets	385.66M	420.67M	453.83M
Tangible Assets (Net)	-4.17B	-4.48B	-4.77B
Other Assets	143.55M	144.63M	146.06M
Total Assets	14.84B	13.91B	13.36B
Accounts Payable	113.54M	90.33M	77.91M
Other Current Liabilities	3.40B	3.07B	2.87B
Total Current Liabilities	3.53B	3.22B	3.05B
Total Liabilities	6.38B	5.74B	5.56B
Long Term Debt	1.88B	1.89B	1.89B
Current Long Term Debt	N.A	N.A	N.A
Minority Interest	0	0	0
Common Stock	491.26M	492.87M	493.32M
Treasury Stock	6.08B	5.79B	5.54B
Retained Earnings	9.57B	9.07B	8.65B
Capital Surplus	5.08B	4.99B	4.84B
Shareholder Equity	8.46B	8.17B	7.80B
Other Liabilities	N.A	N.A	N.A

Adobe Inc. cash flow (2020) (USD)

	September 2020	August 2020	May 2020	February 2020
Net Income	0.96B	0.96B	1.10B	0.96B
Depreciation	567M	191M	188M	188M
Changes in Receivables	-48M	48M	23M	145.81M
Changes in Inventories	0	N.A	N.A	N.A
Cash Change	0.91B	723M	356M	38M
Cash Flow	3.95B	1.44B	1.18B	1.33B
Capital Expenditures	-316M	-128M	-100M	-96M
Investments	N.A	-191M	176M	48M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-283M	-315M	80M	-48M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	-1.95B	N.A	-2M	-4M
Other Financing Cash Flows	N.A	-95M	-50M	-467M
Cash Flow Financing	-2.55B	-414M	-0.9B	-1.23B
Exchange Rate Effect	N.A	16M	-7M	-6M

Adobe Inc. cash flow (2019) (USD)

	November 2019	August 2019	May 2019	February 2019
Net Income	851.86M	792.76M	632.59M	674.24M
Depreciation	295.61M	150.55M	145.61M	144.90M
Changes in Receivables	-163.11M	-99.03M	69.68M	-26.77M
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	441.17M	126.14M	344.06M	96.07M
Cash Flow	1.38B	0.92B	1.11B	1.01B
Capital Expenditures	-82.94M	-10.17M	-207.28M	-142.83M
Investments	-85.46M	193.27M	-132.29M	110.27M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-168.41M	-165.33M	10.07M	-131.92M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	626K	2.59M	-288K	-2.93M
Other Financing Cash Flows	-16.98M	-35.29M	-24.13M	-352.58M
Cash Flow Financing	-765.66M	-624.37M	-772.1M	-783.91M
Exchange Rate Effect	-1.16M	-6.8M	-3.24M	-1.55M

Adobe Inc. cash flow (2018) (USD)

	November 2018	August 2018	May 2018	February 2018
Net Income	678.24M	666.29M	663.17M	583.08M
Depreciation	106.72M	86.89M	76.36M	76.52M
Changes in Receivables	-271.07M	30.37M	-12.19M	155.28M
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-104.37M	-1.24B	321.01M	360.91M
Cash Flow	1.11B	0.96B	0.98B	0.99B
Capital Expenditures	-65.79M	-65.15M	-49.62M	-104.53M
Investments	1.61B	163.23M	131.90M	7.89M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-3.14B	-1.52B	67.68M	-93.76M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	2.25B	-317K	-511K	-304K
Other Financing Cash Flows	-24.28M	-46.41M	-17.15M	-305.35M
Cash Flow Financing	1.92B	-671.66M	-717.37M	-541.27M
Exchange Rate Effect	1.79M	-4.15M	-5.72M	6.34M

Adobe Inc. cash flow (2017) (USD)

	November 2017	August 2017	May 2017
Net Income	501.55M	419.57M	374.39M
Depreciation	81.23M	82.32M	81.64M
Changes in Receivables	-211.78M	-104.74M	-50.61M
Changes in Inventories	N.A	N.A	N.A
Cash Change	531.52M	457.60M	248.05M
Cash Flow	833.22M	704.44M	644.83M
Capital Expenditures	-41.93M	-59.3M	-57.69M
Investments	62.30M	22.49M	-29.86M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	20.37M	-36.81M	-87.55M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	-632K	-416K	-644K
Other Financing Cash Flows	-19.55M	-22.74M	-14.83M
Cash Flow Financing	-319.51M	-218.3M	-314.43M
Exchange Rate Effect	-2.56M	8.28M	5.21M

Adobe Inc. (NASDAQ:ADBE)

About

News

Adobe Inc. earnings reports (2020)

Adobe Inc. earnings reports (2019)

Adobe Inc. income statements (2020) (USD)

Adobe Inc. income statements (2019) (USD)

Adobe Inc. income statements (2018) (USD)

Adobe Inc. income statements (2017) (USD)

Adobe Inc. balance sheet (2020) (USD)

Adobe Inc. balance sheet (2019) (USD)

Adobe Inc. balance sheet (2018) (USD)

Adobe Inc. balance sheet (2017) (USD)

Adobe Inc. cash flow (2020) (USD)

Adobe Inc. cash flow (2019) (USD)

Adobe Inc. cash flow (2018) (USD)

Adobe Inc. cash flow (2017) (USD)

Adobe Inc. dividends (USD)

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