ADOBE INC. (ADBE) FY2025 Annual P&L / Income Statement

Revenue by Business Segment

2024-11-30 to 2025-11-28

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ADOBE INC. (ADBE) FY2025 Annual P&L / Income StatementIncome statement for 2024-11-30 through 2025-11-28. View: Business segment. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETDigital Media revenueDigital Experience revenuePublishing and Advertising revenueRevenue  Gross profitCost of revenueDigital Experience cost of revenueDigital Media cost of revenuePublishing and Advertising cost of revenue  Operating incomeTotal operating expensesSales and marketingResearch and developmentGeneral and administrativeAmortization of intangiblesTotal non-operating income (expense), netIncome before income taxesNet incomeProvision for income taxesTotal non-operating income (expense), netTotal non-operatingincome (expense), net$28.00 MIncome before income taxesPretax income$8.73 BRevenueRevenue$23.77 B  Gross profitGross profit$21.22 B  Operating incomeOperating income$8.71 BNet incomeNet income$7.13 BDigital Media revenueDigital Media$17.65 BTotal operating expensesTotal operatingexpenses$12.51 BProvision for income taxesProvision forincome taxes$1.60 BSales and marketingSales and marketing$6.49 BDigital Experience revenueDigital Experience$5.86 BCost of revenueCost of revenue$2.55 BResearch and developmentResearch and development$4.29 BPublishing and Advertising revenuePublishing and Advertising$256.00 MGeneral and administrativeGeneral and administrative$1.57 BDigital Experience cost of revenueDigital Experience$1.63 BAmortization of intangiblesAmortization of intangibles$157.00 MDigital Media cost of revenueDigital Media$841.00 MPublishing and Advertising cost of revenuePublishing andAdvertising$85.00 M
Chart details

ADOBE INC. (ADBE) FY2025 Annual P&L / Income Statement

Income statement for 2024-11-30 through 2025-11-28. View: Business segment. Revenue and costs use their disclosed categories.

Revenue
23,769,000,000 US dollars
Cost of revenue
2,551,000,000 US dollars
  Gross profit
21,218,000,000 US dollars
Total operating expenses
12,512,000,000 US dollars
  Operating income
8,706,000,000 US dollars
Total non-operating income (expense), net
28,000,000 US dollars
Income before income taxes
8,734,000,000 US dollars
Provision for income taxes
1,604,000,000 US dollars
Net income
7,130,000,000 US dollars
Digital Media revenue
17,649,000,000 US dollars
Digital Experience revenue
5,864,000,000 US dollars
Publishing and Advertising revenue
256,000,000 US dollars
Digital Media cost of revenue
841,000,000 US dollars
Digital Experience cost of revenue
1,625,000,000 US dollars
Publishing and Advertising cost of revenue
85,000,000 US dollars
Research and development
4,294,000,000 US dollars
Sales and marketing
6,488,000,000 US dollars
Amortization of intangibles
157,000,000 US dollars
General and administrative
1,573,000,000 US dollars
Acquisition termination fee
0 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.
ADOBE INC. (ADBE) FY2025 Annual Revenue by Business Segment Sankey chart
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Gross margin

89.3%

Gross profit / revenue

Operating margin

36.6%

Operating profit / revenue

Cash conversion

140.7%

Operating cash / net income, same period

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