Adobe is a software company that provides users with digital marketing and media solutions. The Company's tools and services allow its customers to create digital content, deploy it across media and devices, measure and optimize it over time, and achieve greater business success. Adobe helps its customers make, manage, measure and monetize their content across every channel and screen. Its main products include Illustrator, Photoshop, Flash, Freehand, InDesign, Acrobat, Dreamweaver and many others.
Company Growth (employees)
Type
Public
HQ
San Jose, US
Founded
1982
Size (employees)
15,706 (est)
Website
adobe.com
Adobe was founded in 1982 and is headquartered in San Jose, US

Key People at Adobe

Shantanu Narayen

Shantanu Narayen

President & CEO
Michael Dillon

Michael Dillon

Senior Vice President, General Counsel and Corporate Secretary
Bryan Lamkin

Bryan Lamkin

Senior Vice President, Technology & Corporate Development
Ann Lewnes

Ann Lewnes

Senior Vice President and Chief Marketing Officer
Brad Rencher

Brad Rencher

Senior Vice President and General Manager, Digital Marketing
Matt Thompson

Matt Thompson

Executive Vice President, Worldwide Field Operations
Mark Garrett

Mark Garrett

Executive Vice President & Chief Financial Officer
Donna Morris

Donna Morris

Executive Vice President, Customer and Employee Experience

Adobe Office Locations

Adobe has offices in San Jose, New York, San Francisco, Ottawa and in 30 other locations
San Jose, US (HQ)
345 Park Avenue
Berkshire, GB
Market House 34-38 Market Street Maidenhead
Amsterdam, NL
Europlaza Hoogoorddreef 54a
Kista, SE
Box 47 Kista Entre Knarrarnäsgatan 7
Wellington, NZ
171 Featherston Street
Melbourne, AU
Suite 1001 1 Queens Road
Show all (34)

Adobe Data and Metrics

Adobe Financial Metrics

Adobe's revenue was reported to be $1.8 b in Q2, 2017
USD

Revenue (Q2, 2017)

1.8 b

Gross profit (Q2, 2017)

1.5 b

Gross profit margin (Q2, 2017), %

86%

Net income (Q2, 2017)

374.4 m

EBIT (Q2, 2017)

504.1 m

Market capitalization (15-Aug-2017)

75.2 b

Cash (02-Jun-2017)

1.3 b
Adobe's current market capitalization is $75.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.1 b4.1 b4.8 b5.9 b

Revenue growth, %

(8%)2%16%22%

Cost of goods sold

138.2 m97.1 m744.3 m819.9 m

Gross profit

3.9 b4 b4.1 b5 b

Gross profit Margin, %

97%98%84%86%

Sales and marketing expense

1.6 b1.7 b1.7 b1.9 b

R&D expense

826.6 m844.4 m862.7 m976 m

General and administrative expense

520.1 m543.3 m531.9 m577.7 m

Operating expense total

3 b3.1 b3.1 b3.5 b

EBIT

422.7 m412.7 m903.1 m1.5 b

EBIT margin, %

10%10%19%26%

Interest expense

67.5 m59.7 m(64.2 m)(70.4 m)

Interest income

4.9 m7.3 m33.9 m13.5 m

Pre tax profit

361.4 m356.1 m873.8 m1.4 b

Income tax expense

66.2 m93 m244.2 m266.4 m

Net Income

290 m268.4 m629.6 m1.2 b
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

1 b1.1 b1.2 b1.2 b1.4 b1.4 b1.5 b1.7 b1.8 b

Cost of goods sold

157.7 m166.8 m185.2 m191 m198.6 m202.1 m202.7 m237.3 m239.4 m

Gross profit

847.7 m942.4 m977 m1 b1.2 b1.2 b1.3 b1.4 b1.5 b

Gross profit Margin, %

84%85%84%84%86%86%86%86%86%

Sales and marketing expense

406.5 m392.7 m427 m422 m474.9 m462.8 m477.5 m520.3 m553.1 m

R&D expense

212 m215.5 m208 m218.7 m237.2 m232.5 m248.5 m285.1 m299.4 m

General and administrative expense

141.7 m145.1 m130.2 m122.6 m146.9 m138.6 m143.7 m150.8 m156.9 m

Operating expense total

760.2 m753.3 m765.3 m763.3 m859 m833.9 m869.6 m956.2 m1 b

EBIT

74.2 m173 m193.6 m246 m307.8 m344.2 m369.3 m469 m504.1 m

EBIT margin, %

7%16%17%20%22%25%25%28%28%

Interest expense

(13.4 m)(14.5 m)(16.6 m)(16.5 m)(18.5 m)(17.2 m)(17.3 m)(18.1 m)(18.3 m)

Interest income

1.5 m3.3 m3.7 m4.4 m4.2 m6.1 m2.7 m7.2 m5.2 m

Pre tax profit

62.9 m163.2 m181 m232.6 m292.3 m329.8 m356.3 m460.6 m492.6 m

Income tax expense

18.3 m78.4 m33.5 m58.2 m38 m85.8 m85.5 m62.2 m118.2 m

Net Income

44.7 m84.9 m147.5 m174.5 m254.3 m244.1 m270.8 m398.4 m374.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

834.6 m1.1 b876.6 m1 b

Accounts Receivable

833 m

Inventories

170.1 m175.8 m161.8 m245.4 m

Current Assets

4 b4.6 b4.8 b5.8 b

PP&E

659.8 m785.1 m787.4 m816.3 m

Goodwill

4.8 b4.7 b5.4 b5.4 b

Total Assets

10.4 b10.8 b11.7 b12.7 b

Accounts Payable

62.1 m68.4 m93.3 m88 m

Total Debt

1.5 b1.5 b1.9 b1.9 b

Current Liabilities

1.5 b2.5 b2.2 b2.8 b

Total Liabilities

3.7 b4 b4.7 b5.3 b

Common Stock

61 k

Additional Paid-in Capital

3.4 b3.8 b4.2 b4.6 b

Retained Earnings

6.9 b6.9 b7.3 b8.1 b

Total Equity

6.7 b6.8 b7 b7.4 b

Debt to Equity Ratio

0.2 x0.2 x0.3 x0.3 x

Debt to Assets Ratio

0.1 x0.1 x0.2 x0.1 x

Financial Leverage

1.5 x1.6 x1.7 x1.7 x
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

903.3 m712.9 m956.1 m829.3 m830.7 m886.4 m767.7 m1.1 b1.3 b

Current Assets

4.3 b4 b4.2 b4.5 b4.9 b5.2 b5.4 b5.8 b6.1 b

PP&E

785.9 m784.3 m785.2 m797.5 m794.9 m796.1 m811.5 m821.7 m924.1 m

Goodwill

4.7 b5.4 b5.4 b5.4 b5.4 b5.4 b5.4 b5.8 b5.8 b

Total Assets

10.5 b11 b11.2 b11.5 b11.9 b12.2 b12.4 b13 b13.4 b

Current Liabilities

2.2 b1.8 b1.9 b2.1 b2.2 b2.4 b2.5 b3 b3 b

Additional Paid-in Capital

3.7 b3.9 b4 b4.1 b4.3 b4.4 b4.5 b4.7 b4.8 b

Retained Earnings

6.9 b6.8 b6.9 b7 b7.2 b7.4 b7.7 b8.3 b8.7 b

Total Equity

6.7 b6.6 b6.6 b6.8 b7.1 b7.2 b7.3 b7.6 b7.8 b

Financial Leverage

1.6 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

290 m268.4 m629.6 m1.2 b

Depreciation and Amortization

321.2 m313.6 m339.5 m331.5 m

Accounts Receivable

33.6 m7.9 m(79.5 m)(160.4 m)

Inventories

(55.5 m)(1.9 m)(7.7 m)(71 m)

Accounts Payable

7.1 m6.2 m22.9 m(6.3 m)

Cash From Operating Activities

(590.5 m)282.8 m(240.8 m)2.2 b

Purchases of PP&E

(188.4 m)(148.3 m)(184.9 m)(203.8 m)

Cash From Investing Activities

(1.2 b)(490.7 m)(1.5 b)(960 m)

Long-term Borrowings

(25.9 m)(14.7 m)(602.2 m)(108 k)

Cash From Financing Activities

(559.1 m)(507.3 m)(200.7 m)(1.1 b)

Interest Paid

64.8 m68.9 m56 m66.2 m

Income Taxes Paid

129.7 m20.1 m203 m249.9 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

44.7 m84.9 m147.5 m174.5 m254.3 m244.1 m270.8 m398.4 m374.4 m

Depreciation and Amortization

13.1 m14.3 m18.1 m18.2 m18.4 m19 m22.7 m19.1 m19.3 m

Accounts Payable

53.8 m71.7 m56.5 m69.8 m71.7 m75.6 m83.4 m191.5 m77.9 m
USDY, 2017

Revenue/Employee

112.8 k

Financial Leverage

1.7 x

Adobe Operating Metrics

FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016FY, 2016Q1, 2017

Annualized Recurring Revenue

$1.15 b$1.38 b$1.62 b$1.95 b$2.09 b$2.35 b$2.65 b$2.99 b$3.13 b$3.41 b$3.7 b$4.01 b$4.25 b

Net Subscriber Additions

833 k6.17 m

Transactions

90 t

PDFs opened

50 b

Downloads

165 m

Adobe Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
TubeMogulNovember 10, 2016

Adobe Market Value History

Adobe Revenue Breakdown

Adobe Median Salaries

Source: 908 public H-1B filings from Adobe

Traffic Overview of Adobe

Adobe Online and Social Media Presence

Adobe Company Life and Culture

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