ADOBE INC. (ADBE) FY2024 Annual P&L / Income Statement

ADOBE INC. (ADBE) FY2024 Annual P&L / Income Statement

Income statement for 2023-12-02 through 2024-11-29. View: Business segment. Revenue and costs use their disclosed categories.

Revenue

21,505,000,000 US dollars

Cost of revenue

2,358,000,000 US dollars

  Gross profit

19,147,000,000 US dollars

Total operating expenses

12,406,000,000 US dollars

  Operating income

6,741,000,000 US dollars

Total non-operating income (expense), net

190,000,000 US dollars

Income before income taxes

6,931,000,000 US dollars

Provision for income taxes

1,371,000,000 US dollars

Net income

5,560,000,000 US dollars

Digital Media revenue

15,864,000,000 US dollars

Digital Experience revenue

5,366,000,000 US dollars

Publishing and Advertising revenue

275,000,000 US dollars

Digital Media cost of revenue

680,000,000 US dollars

Digital Experience cost of revenue

1,589,000,000 US dollars

Publishing and Advertising cost of revenue

89,000,000 US dollars

Research and development

3,944,000,000 US dollars

Sales and marketing

5,764,000,000 US dollars

General and administrative

1,529,000,000 US dollars

Amortization of intangibles

169,000,000 US dollars

Acquisition termination fee

1,000,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.