Adobe Inc. (ADBE)

USD 441.31

(-3.06%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 19.4 Billion 17.6 Billion 15.78 Billion 12.86 Billion 11.17 Billion 9.03 Billion
Cost of Revenue 2.35 Billion 2.16 Billion 1.86 Billion 1.72 Billion 1.67 Billion 1.19 Billion
Gross Profit 17.05 Billion 15.44 Billion 13.92 Billion 11.14 Billion 9.49 Billion 7.83 Billion
Operating Expenses 10.4 Billion 9.34 Billion 8.11 Billion 6.9 Billion 6.23 Billion 4.99 Billion
Selling, General and Administrative Expenses 6.76 Billion 6.18 Billion 5.4 Billion 4.55 Billion 4.12 Billion 3.36 Billion
Research and Development Expenses 3.47 Billion 2.98 Billion 2.54 Billion 2.18 Billion 1.93 Billion 1.53 Billion
Other Expenses 168 Million 169 Million 172 Million 162 Million 175.24 Million 258 Thousand
Cost and Expenses 12.75 Billion 11.5 Billion 9.98 Billion 8.63 Billion 7.9 Billion 6.18 Billion
Operating Income 6.65 Billion 6.09 Billion 5.8 Billion 4.23 Billion 3.26 Billion 2.84 Billion
Interest Expense 113 Million 112 Million 113 Million 116 Million 157.21 Million 89.24 Million
Income Tax Expense 1.37 Billion 1.25 Billion 883 Million -1.08 Billion 253.28 Million 203.1 Million
Earnings before Tax 6.79 Billion 6 Billion 5.7 Billion 4.17 Billion 3.2 Billion 2.79 Billion
Net Income 5.42 Billion 4.75 Billion 4.82 Billion 5.26 Billion 2.95 Billion 2.59 Billion
Earnings Per Share Basic 11.88 10.13 10.10 10.94 6.07 5.28
Earnings Per Share Diluted 11.83 10.10 10.02 10.83 6.00 5.20
Weighted Average Shares Outstanding 457 Million 470 Million 477 Million 481 Million 486.29 Million 490.56 Million
Weighted Average Shares Outstanding (Diluted) 459 Million 471 Million 481 Million 485 Million 491.57 Million 497.84 Million
Gross Margin 0.88 0.88 0.88 0.87 0.85 0.87
EBIT Margin 0.34 0.40 0.42 0.39 0.35 0.36
Profit Margin 0.28 0.27 0.31 0.41 0.26 0.29
EBITDA 6.65 Billion 7.05 Billion 6.67 Billion 5.13 Billion 4.09 Billion 3.22 Billion
Earnings Before Tax Margin 0.34 0.35 0.37 0.33 0.29 0.31

Income Statement Charts