Adobe inc. (ADBE)
Income statement / Yearly
Nov'19Nov'18Dec'17Dec'16Nov'15Nov'14Nov'13Nov'12Nov'11Nov'10Nov'09Nov'08Nov'07
Revenue:
Subscription

9,994

7,922

6,133

4,584

3,223

2,076

1,137

673

458

386

74

41

-

Product

647

622

706

800

1,125

1,627

2,470

3,342

3,416

3,159

2,684

3,354

3,019

Services and support

529

485

460

469

446

442

447

387

341

254

186

183

138

Revenues

11,171

9,030

7,301

5,854

4,795

4,147

4,055

4,403

4,216

3,800

2,945

3,579

3,157

Cost of revenue:
Subscription

1,222

807

623

461

409

335

278

219

194

195

48

23

-

Product

39

46

57

68

90

97

138

121

125

127

180

243

270

Services and support

410

341

330

289

245

189

170

143

118

80

67

96

83

Total cost of revenue

1,672

1,194

1,010

819

744

622

586

483

437

403

296

362

354

Gross profit

9,498

7,835

6,291

5,034

4,051

3,524

3,468

3,919

3,778

3,396

2,649

3,217

2,803

Operating expenses:
Research and development

1,930

1,537

1,224

975

862

844

826

742

738

680

565

662

613

Sales and marketing

3,244

2,620

2,197

1,910

1,683

1,652

1,620

1,516

1,385

1,244

981

1,089

984

General and administrative

880

744

624

576

533

543

520

434

414

383

298

337

274

Restructuring and other charges

-

-

-

-

-

19

26

-2

97

23

41

32

0

Amortization of intangibles

175

91

76

78

68

52

52

48

42

72

71

68

72

Total operating expenses

6,230

4,994

4,122

3,540

3,148

3,112

3,045

2,739

2,679

2,403

1,958

2,188

1,945

Operating income

3,268

2,840

2,168

1,493

903

412

422

1,180

1,099

993

690

1,028

857

Non-operating income (expense):
Interest expense

157

89

74

70

64

59

67

67

66

56

3

10

0

Investment gains (losses), net

51

3

7

-1

0

1

-4

9

5

-6

-16

16

7

Other income (expense), net

42

39

36

13

33

7

4

-3

-2

13

31

43

82

Total non-operating income (expense), net

-63

-46

-30

-58

-29

-51

-66

-61

-64

-49

11

50

89

Income before income taxes

3,204

2,793

2,137

1,435

873

361

356

1,118

1,035

943

701

1,078

947

Provision for (benefit from) income taxes

253

203

443

266

244

92

66

286

202

168

315

206

223

Net income

2,951

2,590

1,693

1,168

629

268

289

832

832

774

386

871

723

Basic net income per share

6.07

5.28

3.43

2.35

1.26

0.54

0.58

1.68

1.67

1.49

0.74

1.62

1.24

Shares used to compute basic net income per share

486

490

493

498

498

497

501

494

497

519

524

539

584

Diluted net income per share

6.00

5.20

3.38

2.32

1.24

0.53

0.56

1.66

1.65

1.47

0.73

1.59

1.21

Shares used to compute diluted net income per share

491

497

501

504

507

508

513

502

503

525

530

548

598