Stock Analysis on Net

Adobe Inc. (NASDAQ:ADBE)

$24.99

Income Statement
Quarterly Data

Adobe Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Aug 30, 2024 May 31, 2024 Mar 1, 2024 Dec 1, 2023 Sep 1, 2023 Jun 2, 2023 Mar 3, 2023 Dec 2, 2022 Sep 2, 2022 Jun 3, 2022 Mar 4, 2022 Dec 3, 2021 Sep 3, 2021 Jun 4, 2021 Mar 5, 2021 Nov 27, 2020 Aug 28, 2020 May 29, 2020 Feb 28, 2020 Nov 29, 2019 Aug 30, 2019 May 31, 2019 Mar 1, 2019 Nov 30, 2018 Aug 31, 2018 Jun 1, 2018 Mar 2, 2018
Subscription
Product
Services and other
Revenue
Subscription
Product
Services and other
Cost of revenue
Gross profit
Research and development
Sales and marketing
General and administrative
Acquisition termination fee
Amortization of intangibles
Operating expenses
Operating income
Interest expense
Investment gains (losses), net
Other income (expense), net
Non-operating income (expense), net
Income before income taxes
(Provision for) benefit from income taxes
Net income

Based on: 10-Q (reporting date: 2024-08-30), 10-Q (reporting date: 2024-05-31), 10-Q (reporting date: 2024-03-01), 10-K (reporting date: 2023-12-01), 10-Q (reporting date: 2023-09-01), 10-Q (reporting date: 2023-06-02), 10-Q (reporting date: 2023-03-03), 10-K (reporting date: 2022-12-02), 10-Q (reporting date: 2022-09-02), 10-Q (reporting date: 2022-06-03), 10-Q (reporting date: 2022-03-04), 10-K (reporting date: 2021-12-03), 10-Q (reporting date: 2021-09-03), 10-Q (reporting date: 2021-06-04), 10-Q (reporting date: 2021-03-05), 10-K (reporting date: 2020-11-27), 10-Q (reporting date: 2020-08-28), 10-Q (reporting date: 2020-05-29), 10-Q (reporting date: 2020-02-28), 10-K (reporting date: 2019-11-29), 10-Q (reporting date: 2019-08-30), 10-Q (reporting date: 2019-05-31), 10-Q (reporting date: 2019-03-01), 10-K (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-Q (reporting date: 2018-06-01), 10-Q (reporting date: 2018-03-02).

Income statement item Description The company
Revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Adobe Inc. revenue increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Operating income The net result for the period of deducting operating expenses from operating revenues. Adobe Inc. operating income increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Adobe Inc. income before income taxes increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Adobe Inc. net income increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.