Adobe Inc. financials

Key figures from Adobe Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricAug 2026Aug 2025Change
Revenue$6.8B$6.0B+12.9%
Net income$1.8B$1.8B+3.1%
Free cash flow$2.4B$2.1B+14.7%
Gross margin88.7%89.3%-0.6 pts
Operating margin34.8%36.3%-1.5 pts
Net margin27.0%29.6%-2.6 pts

Quarterly trend

Revenue by quarter
$5.0BDec 2023*$5.2BMar 2024$5.3BMay 2024$5.4BAug 2024$5.6BNov 2024*$5.7BFeb 2025$5.9BMay 2025$6.0BAug 2025$6.2BNov 2025*$6.4BFeb 2026$6.6BMay 2026$6.8BAug 2026
Net income by quarter
$1.5BDec 2023*$620MMar 2024$1.6BMay 2024$1.7BAug 2024$1.7BNov 2024*$1.8BFeb 2025$1.7BMay 2025$1.8BAug 2025$1.9BNov 2025*$1.9BFeb 2026$1.7BMay 2026$1.8BAug 2026
Free cash flow by quarter
$1.6BDec 2023*$1.1BMar 2024$1.9BMay 2024$2.0BAug 2024$2.9BNov 2024*$2.5BFeb 2025$2.1BMay 2025$2.1BAug 2025$3.1BNov 2025*$2.9BFeb 2026$2.1BMay 2026$2.4BAug 2026
Margins by quarter
0%51%101%Dec 2023*Mar 2024May 2024Aug 2024Nov 2024*Feb 2025May 2025Aug 2025Nov 2025*Feb 2026May 2026Aug 202687.4%88.6%88.7%89.8%89.0%89.1%89.1%89.3%89.5%89.6%89.2%88.7%34.5%17.5%35.5%36.8%34.9%37.9%35.9%36.3%36.5%37.8%33.8%34.8%29.4%12.0%29.6%31.1%30.0%31.7%28.8%29.6%30.0%29.5%25.9%27.0%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Nov 2025$23.8B$7.1B30.0%$9.9B$16.70
FY Nov 2024$21.5B$5.6B25.9%$7.9B$12.36
FY Dec 2023$19.4B$5.4B28.0%$6.9B$11.82
FY Dec 2022$17.6B$4.8B27.0%$7.4B$10.10
FY Dec 2021$15.8B$4.8B30.5%$6.9B$10.02

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.