Adobe Historical Income Statement

ADBE Stock

USD 513.68 0.00 0.00%

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.

Net Income Gross Profit

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).

Depreciation And Amortization Selling General Administrative Gross Profit Other Operating Expenses Income Tax Expense Reconciled Depreciation

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Adobe Systems Incorporated minus its cost of goods sold. It is profit before Adobe Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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.

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.

	2021	2022	2023	2024 (projected)
Gross Profit	15.4B	17.1B	19.6B	20.6B
Total Revenue	17.6B	19.4B	22.3B	23.4B

Gross Profit Total Revenue

Adobe Systems income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.86	0.82	0.84	0.84	0.84	0.84	0.87	0.89	0.86	0.84	0.82	0.12	0.87	0.39	0.81	0.84	0.86	-0.62	0.31	0.33	-0.9	0.32	0.88	0.91
Interest Expense	0.86		0.84	0.82	0.82	0.84	0.79	0.8	0.82	0.87	0.83	0.78	0.27	0.81	0.42	0.81	0.82	0.79	-0.72	0.56	0.35	-0.75	0.48	0.79	0.83
Selling General Administrative	0.82	0.84		0.99	0.99	1.0	0.97	0.96	0.96	0.99	1.0	0.97	0.61	0.94	0.71	0.99	0.99	0.94	-0.59	0.17	0.67	-0.8	0.78	0.87	0.84
Total Revenue	0.84	0.82	0.99		1.0	1.0	0.99	0.99	0.99	0.99	1.0	0.99	0.59	0.97	0.72	1.0	1.0	0.97	-0.58	0.19	0.68	-0.84	0.76	0.9	0.88
Gross Profit	0.84	0.82	0.99	1.0		1.0	0.99	0.99	0.99	0.99	1.0	0.99	0.6	0.97	0.72	1.0	1.0	0.97	-0.57	0.17	0.68	-0.84	0.76	0.9	0.87
Other Operating Expenses	0.84	0.84	1.0	1.0	1.0		0.98	0.98	0.98	1.0	1.0	0.98	0.6	0.96	0.71	1.0	1.0	0.96	-0.58	0.19	0.67	-0.83	0.77	0.9	0.87
Operating Income	0.84	0.79	0.97	0.99	0.99	0.98		1.0	0.99	0.98	0.98	1.0	0.58	0.98	0.72	0.99	0.99	0.98	-0.57	0.17	0.67	-0.85	0.74	0.91	0.88
Ebit	0.87	0.8	0.96	0.99	0.99	0.98	1.0		1.0	0.98	0.98	0.99	0.52	0.98	0.69	0.98	0.98	0.98	-0.59	0.19	0.64	-0.86	0.68	0.91	0.89
Ebitda	0.89	0.82	0.96	0.99	0.99	0.98	0.99	1.0		0.98	0.97	0.99	0.49	0.98	0.67	0.97	0.98	0.98	-0.6	0.21	0.62	-0.87	0.66	0.92	0.91
Cost Of Revenue	0.86	0.87	0.99	0.99	0.99	1.0	0.98	0.98	0.98		0.99	0.98	0.57	0.97	0.68	0.99	0.99	0.96	-0.6	0.27	0.63	-0.84	0.74	0.91	0.89
Total Operating Expenses	0.84	0.83	1.0	1.0	1.0	1.0	0.98	0.98	0.97	0.99		0.98	0.6	0.96	0.72	1.0	1.0	0.95	-0.58	0.18	0.68	-0.83	0.77	0.89	0.86
Income Before Tax	0.82	0.78	0.97	0.99	0.99	0.98	1.0	0.99	0.99	0.98	0.98		0.6	0.98	0.72	0.99	0.99	0.98	-0.56	0.17	0.68	-0.84	0.75	0.91	0.88
Total Other Income Expense Net	0.12	0.27	0.61	0.59	0.6	0.6	0.58	0.52	0.49	0.57	0.6	0.6		0.53	0.63	0.64	0.6	0.54	-0.09	-0.05	0.64	-0.35	0.95	0.44	0.36
Net Income	0.87	0.81	0.94	0.97	0.97	0.96	0.98	0.98	0.98	0.97	0.96	0.98	0.53		0.56	0.96	0.96	1.0	-0.57	0.26	0.52	-0.88	0.68	0.92	0.91
Income Tax Expense	0.39	0.42	0.71	0.72	0.72	0.71	0.72	0.69	0.67	0.68	0.72	0.72	0.63	0.56		0.73	0.73	0.56	-0.31	-0.2	0.99	-0.43	0.73	0.55	0.46
Research Development	0.81	0.81	0.99	1.0	1.0	1.0	0.99	0.98	0.97	0.99	1.0	0.99	0.64	0.96	0.73		1.0	0.96	-0.54	0.17	0.69	-0.83	0.8	0.9	0.86
Selling And Marketing Expenses	0.84	0.82	0.99	1.0	1.0	1.0	0.99	0.98	0.98	0.99	1.0	0.99	0.6	0.96	0.73	1.0		0.96	-0.56	0.17	0.69	-0.84	0.77	0.9	0.87
Net Income From Continuing Ops	0.86	0.79	0.94	0.97	0.97	0.96	0.98	0.98	0.98	0.96	0.95	0.98	0.54	1.0	0.56	0.96	0.96		-0.55	0.26	0.52	-0.88	0.68	0.92	0.91
Non Recurring	-0.62	-0.72	-0.59	-0.58	-0.57	-0.58	-0.57	-0.59	-0.6	-0.6	-0.58	-0.56	-0.09	-0.57	-0.31	-0.54	-0.56	-0.55		-0.39	-0.2	0.39	-0.26	-0.44	-0.45
Non Operating Income Net Other	0.31	0.56	0.17	0.19	0.17	0.19	0.17	0.19	0.21	0.27	0.18	0.17	-0.05	0.26	-0.2	0.17	0.17	0.26	-0.39		-0.25	-0.23	0.01	0.28	0.37
Tax Provision	0.33	0.35	0.67	0.68	0.68	0.67	0.67	0.64	0.62	0.63	0.68	0.68	0.64	0.52	0.99	0.69	0.69	0.52	-0.2	-0.25		-0.4	0.73	0.52	0.42
Net Interest Income	-0.9	-0.75	-0.8	-0.84	-0.84	-0.83	-0.85	-0.86	-0.87	-0.84	-0.83	-0.84	-0.35	-0.88	-0.43	-0.83	-0.84	-0.88	0.39	-0.23	-0.4		-0.46	-0.95	-0.98
Interest Income	0.32	0.48	0.78	0.76	0.76	0.77	0.74	0.68	0.66	0.74	0.77	0.75	0.95	0.68	0.73	0.8	0.77	0.68	-0.26	0.01	0.73	-0.46		0.58	0.5
Reconciled Depreciation	0.88	0.79	0.87	0.9	0.9	0.9	0.91	0.91	0.92	0.91	0.89	0.91	0.44	0.92	0.55	0.9	0.9	0.92	-0.44	0.28	0.52	-0.95	0.58		0.97
Extraordinary Items	0.91	0.83	0.84	0.88	0.87	0.87	0.88	0.89	0.91	0.89	0.86	0.88	0.36	0.91	0.46	0.86	0.87	0.91	-0.45	0.37	0.42	-0.98	0.5	0.97

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Adobe Systems Account Relationship Matchups

Adobe Systems income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	844M	861M	939M	618M	710.7M	746.2M
Interest Expense	157.2M	116M	113M	112M	130.0M	136.4M
Selling General Administrative	968M	1.1B	1.2B	1.4B	1.6B	1.7B
Total Revenue	12.9B	15.8B	17.6B	19.4B	22.3B	23.4B
Gross Profit	11.1B	13.9B	15.4B	17.1B	19.6B	20.6B
Other Operating Expenses	8.6B	10.0B	11.5B	12.8B	14.7B	15.4B
Operating Income	4.2B	5.8B	6.1B	6.7B	7.6B	8.0B
Ebit	4.3B	5.8B	6.1B	6.0B	6.9B	7.3B
Ebitda	5.1B	6.7B	7.1B	6.7B	7.6B	8.0B
Cost Of Revenue	1.7B	1.9B	2.2B	2.4B	2.7B	2.8B
Total Operating Expenses	6.9B	8.1B	9.3B	10.4B	12.0B	12.6B
Income Before Tax	4.2B	5.7B	6.0B	6.8B	7.8B	8.2B
Total Other Income Expense Net	(61M)	(97M)	(90M)	149M	134.1M	140.8M
Net Income	5.3B	4.8B	4.8B	5.4B	6.2B	6.6B
Income Tax Expense	(1.1B)	883M	1.3B	1.4B	1.6B	1.7B
Research Development	2.2B	2.5B	3.0B	3.5B	4.0B	4.2B
Selling And Marketing Expenses	3.6B	4.3B	5.0B	5.4B	6.2B	6.5B
Net Income Applicable To Common Shares	3.0B	5.3B	4.8B	4.8B	5.5B	5.7B
Net Income From Continuing Ops	5.3B	4.8B	4.8B	5.4B	6.2B	6.6B
Non Operating Income Net Other	93.8M	55M	16M	22M	25.3M	28.3M
Tax Provision	(1.1B)	883M	1.3B	1.4B	1.6B	1.7B
Net Interest Income	(88.9M)	(116M)	(113M)	(112M)	(101.7M)	(106.8M)
Interest Income	43M	17M	61M	269M	309.4M	324.8M
Reconciled Depreciation	757M	788M	856M	872M	1.0B	735.8M

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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:

How To Invest In Adobe

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Is Adobe Stock a good investment?

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What is Adobe Systems' Net Worth?

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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

11.82

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.

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Adobe Historical Income Statement

About Adobe Income Statement Analysis

Adobe Systems Income Statement Chart

Depreciation And Amortization

Gross Profit

Other Operating Expenses

Adobe Systems income statement Correlations

Adobe Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Adobe Systems income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Selling General Administrative
Total Operating Expenses	+ 1.0	Selling General Administrative
Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Total Revenue
Research Development	+ 1.0	Total Revenue

Extraordinary Items	- 0.98	Net Interest Income
Reconciled Depreciation	- 0.95	Net Interest Income
Net Interest Income	- 0.9	Depreciation And Amortization
Net Interest Income	- 0.88	Net Income From Continuing Ops
Net Interest Income	- 0.88	Net Income
Net Interest Income	- 0.87	Ebitda