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

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

Income statement for 2024-11-30 through 2025-02-28. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated 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

Digital Experience - Subscription

1,297,000,000 US dollars

Digital Media and Digital Experience - Subscription

5,456,000,000 US dollars

Digital Media - Subscription

4,159,000,000 US dollars

Publishing and Advertising - Subscription

27,000,000 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

Revenue before reconciliation (calculated)

10,939,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Components above reported revenue (calculated)

negative 5,225,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

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.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.