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: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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

UNITED STATES

11,499,000,000 US dollars

Other

1,392,000,000 US dollars

EMEA

5,554,000,000 US dollars

Asia Pacific

3,060,000,000 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.