Adobe Historical Income Statement

ADBE Stock  USD 515.93  2.25  0.44%   
Historical analysis of Adobe Systems income statement accounts such as Interest Expense of 136.4 M, Selling General Administrative of 1.7 B or Total Revenue of 23.4 B can show how well Adobe Systems Incorporated performed in making a profits. Evaluating Adobe Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Adobe Systems's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Adobe Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Adobe Systems is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Adobe Income Statement Analysis

Adobe Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Adobe Systems shareholders. The income statement also shows Adobe investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Adobe Systems Income Statement Chart

At present, Adobe Systems' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 1.7 B, whereas Net Interest Income is forecasted to decline to (106.8 M).

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Adobe Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Adobe Systems. It is also known as Adobe Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Adobe Systems income statement and represents the costs associated with goods and services Adobe Systems provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Adobe Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Adobe Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Adobe Systems' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 1.7 B, whereas Net Interest Income is forecasted to decline to (106.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit15.4B17.1B19.6B20.6B
Total Revenue17.6B19.4B22.3B23.4B

Adobe Systems income statement Correlations

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Adobe Systems Account Relationship Matchups

Adobe Systems income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization844M861M939M618M710.7M746.2M
Interest Expense157.2M116M113M112M130.0M136.4M
Selling General Administrative968M1.1B1.2B1.4B1.6B1.7B
Total Revenue12.9B15.8B17.6B19.4B22.3B23.4B
Gross Profit11.1B13.9B15.4B17.1B19.6B20.6B
Other Operating Expenses8.6B10.0B11.5B12.8B14.7B15.4B
Operating Income4.2B5.8B6.1B6.7B7.6B8.0B
Ebit4.3B5.8B6.1B6.0B6.9B7.3B
Ebitda5.1B6.7B7.1B6.7B7.6B8.0B
Cost Of Revenue1.7B1.9B2.2B2.4B2.7B2.8B
Total Operating Expenses6.9B8.1B9.3B10.4B12.0B12.6B
Income Before Tax4.2B5.7B6.0B6.8B7.8B8.2B
Total Other Income Expense Net(61M)(97M)(90M)149M134.1M140.8M
Net Income5.3B4.8B4.8B5.4B6.2B6.6B
Income Tax Expense(1.1B)883M1.3B1.4B1.6B1.7B
Research Development2.2B2.5B3.0B3.5B4.0B4.2B
Selling And Marketing Expenses3.6B4.3B5.0B5.4B6.2B6.5B
Net Income Applicable To Common Shares3.0B5.3B4.8B4.8B5.5B5.7B
Net Income From Continuing Ops5.3B4.8B4.8B5.4B6.2B6.6B
Non Operating Income Net Other93.8M55M16M22M25.3M28.3M
Tax Provision(1.1B)883M1.3B1.4B1.6B1.7B
Net Interest Income(88.9M)(116M)(113M)(112M)(101.7M)(106.8M)
Interest Income43M17M61M269M309.4M324.8M
Reconciled Depreciation757M788M856M872M1.0B735.8M

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When determining whether Adobe Systems is a strong investment it is important to analyze Adobe Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Adobe Systems' future performance. For an informed investment choice regarding Adobe Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adobe Systems Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adobe Systems. If investors know Adobe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adobe Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.233
Earnings Share
11.81
Revenue Per Share
46.482
Quarterly Revenue Growth
0.106
Return On Assets
0.1597
The market value of Adobe Systems is measured differently than its book value, which is the value of Adobe that is recorded on the company's balance sheet. Investors also form their own opinion of Adobe Systems' value that differs from its market value or its book value, called intrinsic value, which is Adobe Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adobe Systems' market value can be influenced by many factors that don't directly affect Adobe Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adobe Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adobe Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adobe Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.