ADBE

Adobe Inc.

NASDAQ · Creative and document software · Information Technology · 2025-11-28

Adobe sells creative, document and digital-experience software. Its fiscal 2025 annual report distinguishes recognized revenue from annualized recurring revenue. The financial period ended November 28, 2025.

Reported financial & operating measures

Historical disclosures · USD amounts in millions unless stated otherwise · Fiscal periods differ by issuer

Selected annual company metrics with period, units and accounting basis
Measure	Value	Unit	Period	Basis / precision
Revenue	23,769	USD million	FY2025	GAAP
Gross profit	21,218	USD million	FY2025	GAAP
Operating income	8,706	USD million	FY2025	GAAP
Net income	7,130	USD million	FY2025	GAAP
Operating cash flow	10,031	USD million	FY2025	GAAP
Purchases of property and equipment	179	USD million	FY2025	GAAP
Research and development	4,294	USD million	FY2025	GAAP
Subscription revenue	22,904	USD million	FY2025	GAAP
Revenue	21,505	USD million	FY2024	GAAP
Net income	5,560	USD million	FY2024	GAAP

Source reviewed: 2026-11-15. Selected measures, not a full set of audited statements or live stock prices.

Sources

https://www.adobe.com/cc-shared/assets/investor-relations/pdfs/adbe-10k-fy25-final.pdf