ADOBE INC. (ADBE) FY2025 Q1 P&L / Income Statement

Income StatementCash FlowBalance Sheet

Revenue by Product and Service

2024-11-30 to 2025-02-28

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ADOBE INC. (ADBE) FY2025 Q1 P&L / Income StatementIncome statement for 2024-11-30 through 2025-02-28. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSubscription revenueServices and other revenueProduct revenueRevenueGross profitCost of revenueSubscription cost of revenueProduct cost of revenueServices and other 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$19.00 MIncome before income taxesPretax income$2.18 BRevenueRevenue$5.71 BGross profitGross profit$5.09 B Operating incomeOperating income$2.16 BNet incomeNet income$1.81 BSubscription revenueSubscription$5.48 BTotal operating expensesTotal operatingexpenses$2.93 BProvision for income taxesProvision forincome taxes$371.00 MSales and marketingSales and marketing$1.50 BCost of revenueCost of revenue$622.00 MResearch and developmentResearch and development$1.03 BServices and other revenueServices and other$136.00 MProduct revenueProduct$95.00 MGeneral and administrativeGeneral and administrative$367.00 MSubscription cost of revenueSubscription$490.00 MAmortization of intangiblesAmortization of intangibles$41.00 MProduct cost of revenueProduct$6.00 MServices and other cost of revenueServices and other$126.00 M
Chart details

ADOBE INC. (ADBE) FY2025 Q1 P&L / Income Statement

Income statement for 2024-11-30 through 2025-02-28. View: Product and service. Revenue and costs use their disclosed categories.

Revenue
5,714,000,000 US dollars
Cost of revenue
622,000,000 US dollars
Gross profit
5,092,000,000 US dollars
Total operating expenses
2,929,000,000 US dollars
 Operating income
2,163,000,000 US dollars
Total non-operating income (expense), net
19,000,000 US dollars
Income before income taxes
2,182,000,000 US dollars
Provision for income taxes
371,000,000 US dollars
Net income
1,811,000,000 US dollars
Subscription revenue
5,483,000,000 US dollars
Product revenue
95,000,000 US dollars
Services and other revenue
136,000,000 US dollars
Subscription cost of revenue
490,000,000 US dollars
Product cost of revenue
6,000,000 US dollars
Services and other cost of revenue
126,000,000 US dollars
Research and development
1,026,000,000 US dollars
Sales and marketing
1,495,000,000 US dollars
Amortization of intangibles
41,000,000 US dollars
General and administrative
367,000,000 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 Q1 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

89.1%

Gross profit / revenue

Operating margin

37.9%

Operating profit / revenue

Cash conversion

137.1%

Operating cash / net income, same period

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