Metrics

The numbers behind Adobe Inc.: as-reported financial statements and company metrics for FY2021–FY2025, traced to the source filings, opened with the share-price history those statements have to justify. Every linked figure opens the exact page of the filing it was printed on, with the statement row highlighted. Amounts in US$ millions unless noted.

Reading notes: Reporting currency US dollars; all figures in millions except per-share data, as printed in Adobe's Forms 10-K. Adobe's fiscal year ends on the Friday nearest November 30 (fiscal 2025 ended November 28, 2025). FY2025, FY2024 and FY2023 columns are the three years printed in the FY2025 Form 10-K (income statement and cash flows). FY2023 balance-sheet figures are the comparative column of the FY2024 Form 10-K (the FY2025 10-K balance sheet shows only FY2025 and FY2024). FY2022 and FY2021 columns are the two most recent years printed in the FY2022 Form 10-K (FY2021 is that filing's comparative column; Adobe also filed a standalone FY2021 10-K with identical audited figures). Segment revenue and gross profit use Adobe's three reportable segments — Digital Media, Digital Experience, and Publishing and Advertising — as disclosed in the segment note. The income statement itself disaggregates revenue only by Subscription / Product / Services and other.

Share Price — Full Available History — 37 Years

The stock closed at $237.25 on Jul 17, 2026 — up 299,830% over the window shown (+24.5% a year), trading between $0.07 and $688.37. At that close the stock trades at 14× FY2025 diluted EPS as reported below.

Loading...

Source: market price feed, monthly closes, sampled from 9,202 source observations, Jan 1990–Jul 2026. Price return only, excludes dividends. Prices are split-adjusted (1:2 on Aug 11, 1993; 1:2 on Oct 27, 1999; 1:2 on Oct 25, 2000; 1:2 on May 24, 2005).

FY2025 at a Glance

Revenue (US$ millions)

23,769

Operating income (US$ millions)

8,706

Net income (US$ millions)

7,130

Diluted EPS

16.70

Source: FY2025 consolidated statements [1] [2]. Click any linked figure to open the filing page with the row highlighted.

Revenue by Segment

Loading...
Revenue by Segment FY2021 FY2022 FY2023 FY2024 FY2025
  Digital Media 11,520 12,842 14,216 15,864 17,649
  Digital Experience 3,867 4,422 4,893 5,366 5,864
  Publishing and Advertising 398 342 300 275 256
Total revenue 15,785 17,606 19,409 21,505 23,769
Total revenue growth, derived +11.5% +10.2% +10.8% +10.5%

Source: Note 14 Segment and Geographic Information; Consolidated Statements of Income [3] [1] [4] [2]. Click any linked figure to open the filing page with the row highlighted.

Gross Profit by Segment

Gross Profit by Segment FY2021 FY2022 FY2023 FY2024 FY2025
  Digital Media 11,091 12,281 13,551 15,184 16,808
  Digital Experience 2,546 2,920 3,290 3,777 4,239
  Publishing and Advertising 283 240 214 186 171
Total gross profit 13,920 15,441 17,055 19,147 21,218

Source: Note 14 Segment and Geographic Information [3] [1] [4] [2]. Click any linked figure to open the filing page with the row highlighted.

Income Statement

Source: Consolidated Statements of Income [1] [2]. Click any linked figure to open the filing page with the row highlighted.

Columns marked E are consensus analyst estimates shown alongside reported results for direct comparison; they are not company guidance.

Estimate source: Yahoo Finance analyst consensus, as of 2026-07-18. Estimate figures link to the consensus source, not to filing pages.

Balance Sheet

Source: Consolidated Balance Sheets [5] [6] [7]. Click any linked figure to open the filing page with the row highlighted.

Cash Flow

Source: Consolidated Statements of Cash Flows [8] [9]. Click any linked figure to open the filing page with the row highlighted.

Digital Media ARR Engine

Digital Media ARR Engine FY2021 FY2022 FY2023 FY2024 FY2025
Digital Media ARR (ending) 12,240 13,970 15,170 17,330 19,200
Digital Media ARR growth (YoY) 19.0% 15.0% 14.0% 13.0% 11.5%
Creative ARR 10,300 11,600 12,370 13,850
Document Cloud ARR 1,930 2,370 2,810 3,480
Total Adobe ending ARR 25,200

Source: company filings [10] [11] [12] [13]. Click any linked figure to open the filing page with the row highlighted.

Recurring Revenue Backlog

Recurring Revenue Backlog FY2021 FY2022 FY2023 FY2024 FY2025
Subscription revenue 14,573 16,388 18,284 20,521 22,904
Subscription revenue (% of total) 92.0% 93.0% 94.0% 95.0% 96.0%
Remaining performance obligations 13,990 15,190 17,220 19,960 22,520

Source: company filings [14] [15] [16]. Click any linked figure to open the filing page with the row highlighted.

Revenue by Geography

Revenue by Geography FY2021 FY2022 FY2023 FY2024 FY2025
Americas 8,996 10,251 11,654 12,891 14,120
EMEA 4,252 4,593 4,881 5,554 6,289
APAC 2,537 2,762 2,874 3,060 3,360

Source: company filings [17] [18]. Click any linked figure to open the filing page with the row highlighted.

Workforce Capital Return

Workforce Capital Return FY2021 FY2022 FY2023 FY2024 FY2025
Employees (headcount) 25,988 29,239 29,945 30,709 31,360
Stock-based compensation 1,090 1,440 1,718 1,833 1,942
Remaining stock repurchase authorization 5,900

Source: company filings [19] [20] [21] [22]. Click any linked figure to open the filing page with the row highlighted.

Long-Term Record

Loading...
Fiscal year Total revenue Operating income Net income Diluted earnings per share Operating cash flow
FY2016 5,854 1,494 1,169 2.32 2,200
FY2017 7,302 2,168 1,694 3.38 2,913
FY2018 9,030 2,840 2,591 5.20 4,029
FY2019 11,171 3,268 2,951 6.00 4,422
FY2020 12,868 4,237 5,260 10.83 5,727
FY2021 15,785 5,802 4,822 10.02 7,230
FY2022 17,606 6,098 4,756 10.10 7,838
FY2023 19,409 6,650 5,428 11.82 7,302
FY2024 21,505 6,741 5,560 12.36 8,056
FY2025 23,769 8,706 7,130 16.70 10,031

Source: consolidated statements across filings; older years from the standardized feed [8] [1] [9] [2]. Click any linked figure to open the filing page with the row highlighted.

Analyst Consensus

Current price

237.25

Mean target

272.48

Median target

250.00

High target

380.00

Low target

190.00

Estimate source: Yahoo Finance analyst consensus, as of 2026-07-18. Estimate figures link to the consensus source, not to filing pages.

Traceability

349 of 378 figures on this page (92%) link to the filing page where they are printed — click a linked figure to open the source PDF at that page with the row highlighted. Unlinked figures come from standardized data feeds or pre-filing years.

  • Reporting currency US dollars; all figures in millions except per-share data, as printed in Adobe's Forms 10-K. Adobe's fiscal year ends on the Friday nearest November 30 (fiscal 2025 ended November 28, 2025).

  • FY2025, FY2024 and FY2023 columns are the three years printed in the FY2025 Form 10-K (income statement and cash flows). FY2023 balance-sheet figures are the comparative column of the FY2024 Form 10-K (the FY2025 10-K balance sheet shows only FY2025 and FY2024).

  • FY2022 and FY2021 columns are the two most recent years printed in the FY2022 Form 10-K (FY2021 is that filing's comparative column; Adobe also filed a standalone FY2021 10-K with identical audited figures).

  • Segment revenue and gross profit use Adobe's three reportable segments — Digital Media, Digital Experience, and Publishing and Advertising — as disclosed in the segment note. The income statement itself disaggregates revenue only by Subscription / Product / Services and other.

  • FY2016–FY2020 long-term-record figures are from the standardized SEC XBRL data feed and are shown without page links.

  • Remaining performance obligations (RPO) were approximately $22.52 billion as of November 28, 2025 (FY2025 10-K, Note on Deferred Revenue and Remaining Performance Obligations); disclosed as a single-year prose figure, so not tabulated as a multi-year KPI.

  • The FY2024 'Acquisition termination fee' of $1,000 million is the one-time fee Adobe paid on the terminated Figma acquisition; it appears as a discrete operating-expense line only in the FY2024/FY2025 10-K income statements.