FY2025 · ended Nov 28, 2025 · Revenue $23.77B, +10.5% YoY · Filed Jan 15, 2026
Adobe Inc. (ADBE) files with the SEC under industry code 7372, Services-Prepackaged Software. In fiscal 2025, which ended Nov 28, 2025, it reported revenue of $23.8 billion and net income of $7.1 billion. Free cash flow was $9.9 billion. As of Aug 28, 2026 it held $5.6 billion in cash and investments and $5.2 billion in total debt.
Revenue (TTM)
$25.97B
+12.0% vs year-ago TTM
Net income (TTM)
$7.28B
+4.7% vs year-ago TTM
Operating cash flow (TTM)
$10.81B
+10.4% vs year-ago TTM
Free cash flow (TTM)
$10.59B
+10.3% vs year-ago TTM
EPS (TTM)
$17.92
+11.6% vs year-ago TTM
Dividend per share
None
Shares outstanding
410.50M
-5.7% vs prior year
Net cash
$474.00M
as of Aug 28, 2026
Operating margin
35.7%
FY 2026
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- ADBE (Nasdaq)
- Fiscal year ends
- November 27
- Incorporated in
- DE
- Headquarters
- San Jose, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 796343
- Former names
- ADOBE SYSTEMS INC (until Oct 3, 2018)
Other Services-Prepackaged Software companies
- Microsoft Corp MSFT
- Palantir Technologies Inc. PLTR
- Oracle Corp ORCL
- Sap SE SAP
- CrowdStrike Holdings, Inc. CRWD
- Shopify Inc. SHOP
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Nov 28, 2025 |
FY 2024 Nov 29, 2024 |
FY 2023 Dec 1, 2023 |
FY 2022 Dec 2, 2022 |
FY 2021 Dec 3, 2021 |
|---|---|---|---|---|---|
| Revenue | $23.8B | $21.5B | $19.4B | $17.6B | $15.8B |
| Operating income | $8.7B | $6.7B | $6.7B | $6.1B | $5.8B |
| Net income | $7.1B | $5.6B | $5.4B | $4.8B | $4.8B |
| Diluted EPS | $16.70 | $12.36 | $11.82 | $10.10 | $10.02 |
| Operating cash flow | $10.0B | $8.1B | $7.3B | $7.8B | $7.2B |
| Free cash flow | $9.9B | $7.9B | $6.9B | $7.4B | $6.9B |
| Total assets | $29.5B | $30.2B | $29.8B | $27.2B | $27.2B |
| Total liabilities | $17.9B | $16.1B | $13.3B | $13.1B | $12.4B |
| Stockholders' equity | $11.6B | $14.1B | $16.5B | $14.1B | $14.8B |
| Cash and investments | $6.6B | $7.9B | $7.8B | $6.1B | $5.8B |
| Total debt | $6.6B | $4.6B | $4.1B | $4.1B | $4.7B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Sep 22, 2026 | Aug 28, 2026 |
| 8-K |
Current report
Results of operations
|
Sep 10, 2026 | Sep 10, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Sep 8, 2026 | Sep 2, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 17, 2026 | Jul 14, 2026 |
| 10-Q | Quarterly report | Jun 15, 2026 | May 29, 2026 |
| 8-K |
Current report
Results of operations, Officer or director change
|
Jun 11, 2026 | Jun 8, 2026 |
All 1000 Adobe Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.