$129.7 B

ADBE Mkt cap, 19-Sep-2018

$4.3 B

Adobe Revenue Q2, 2018
Adobe Gross profit (Q2, 2018)3.7 B
Adobe Gross profit margin (Q2, 2018), %87.4%
Adobe Net income (Q2, 2018)1.2 B
Adobe EBIT (Q2, 2018)1.4 B
Adobe Cash, 01-Jun-20183 B
Adobe EV128.6 B

Adobe Revenue

Adobe revenue was $7.30 b in FY, 2017 which is a 24.7% year over year increase from the previous period.

Embed Graph

Adobe Revenue Breakdown

Embed Graph

Adobe revenue breakdown by business segment: 68.6% from Digital Media, 29.0% from Digital Marketing and 2.3% from Other

Adobe revenue breakdown by geographic segment: 15.1% from APAC, 27.2% from EMEA and 57.7% from Americas

Adobe Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

4.1 b4.8 b5.9 b7.3 b

Revenue growth, %

2%16%22%25%

Cost of goods sold

97.1 m744.3 m819.9 m1 b

Gross profit

4 b4.1 b5 b6.3 b

Gross profit Margin, %

98%84%86%86%

Sales and marketing expense

1.7 b1.7 b1.9 b2.2 b

R&D expense

844.4 m862.7 m976 m1.2 b

General and administrative expense

543.3 m531.9 m577.7 m624.7 m

Operating expense total

3 b3.1 b3.5 b4.1 b

Depreciation and amortization

76.6 m

EBIT

412.7 m903.1 m1.5 b2.2 b

EBIT margin, %

10%19%26%30%

Interest expense

59.7 m64.2 m70.4 m74.4 m

Interest income

7.3 m33.9 m13.5 m36.4 m

Pre tax profit

356.1 m873.8 m1.4 b2.1 b

Income tax expense

93 m244.2 m266.4 m443.7 m

Net Income

268.4 m629.6 m1.2 b1.7 b

Quarterly

USDQ1, 2015Q2, 2015Q3, 2015Q1, 2017Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

1.1 b1.2 b1.2 b1.4 b1.4 b1.5 b1.7 b1.8 b1.8 b2.1 b4.3 b

Cost of goods sold

166.8 m185.2 m191 m198.6 m202.1 m202.7 m237.3 m239.4 m262.9 m258.9 m540.2 m

Gross profit

942.4 m977 m1 b1.2 b1.2 b1.3 b1.4 b1.5 b1.6 b1.8 b3.7 b

Gross profit Margin, %

85%84%84%86%86%86%86%86%86%88%87%

Sales and marketing expense

392.7 m427 m422 m474.9 m462.8 m477.5 m520.3 m553.1 m550.1 m581 m1.2 b

R&D expense

215.5 m208 m218.7 m237.2 m232.5 m248.5 m285.1 m299.4 m315.6 m348.8 m722.9 m

General and administrative expense

145.1 m130.2 m122.6 m146.9 m138.6 m143.7 m150.8 m156.9 m147.4 m170.4 m348.5 m

Operating expense total

769.4 m783.4 m780.8 m877 m852.4 m891.9 m975.3 m1 b1 b1.1 b2.3 b

Depreciation and amortization

17.1 m34.3 m

EBIT

173 m193.6 m246 m307.8 m344.2 m369.3 m469 m504.1 m545.7 m702.7 m1.4 b

EBIT margin, %

16%17%20%22%25%25%28%28%30%34%33%

Interest expense

14.5 m16.6 m16.5 m18.5 m17.2 m17.3 m18.1 m18.3 m18.8 m19.9 m40.3 m

Interest income

3.3 m3.7 m4.4 m4.2 m6.1 m2.7 m7.2 m5.2 m13.5 m16.7 m28.3 m

Pre tax profit

163.2 m181 m232.6 m292.3 m329.8 m356.3 m460.6 m492.6 m541.4 m702.5 m1.4 b

Income tax expense

78.4 m33.5 m58.2 m38 m85.8 m85.5 m62.2 m118.2 m121.8 m119.4 m147.1 m

Net Income

84.9 m147.5 m174.5 m254.3 m244.1 m270.8 m398.4 m374.4 m419.6 m583.1 m1.2 b

Adobe Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.1 b876.6 m1 b2.3 b

Accounts Receivable

591.8 m672 m833 m1.2 b

Prepaid Expenses

175.8 m161.8 m245.4 m210.1 m

Current Assets

4.6 b4.8 b5.8 b7.2 b

PP&E

785.1 m787.4 m816.3 m937 m

Goodwill

4.7 b5.4 b5.4 b5.8 b

Total Assets

10.8 b11.7 b12.7 b14.5 b

Accounts Payable

68.4 m93.3 m88 m113.5 m

Short-term debt

603.2 m

Current Liabilities

2.5 b2.2 b2.8 b3.5 b

Long-term debt

911.1 m1.9 b1.9 b1.9 b

Total Debt

1.5 b1.9 b1.9 b1.9 b

Total Liabilities

4 b4.7 b5.3 b6.1 b

Common Stock

61 k61 k61 k61 k

Additional Paid-in Capital

3.8 b4.2 b4.6 b5.1 b

Retained Earnings

6.9 b7.3 b8.1 b9.6 b

Total Equity

6.8 b7 b7.4 b8.5 b

Debt to Equity Ratio

0.2 x0.3 x0.3 x0.2 x

Debt to Assets Ratio

0.1 x0.2 x0.1 x0.1 x

Financial Leverage

1.6 x1.7 x1.7 x1.7 x

Quarterly

USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

712.9 m956.1 m829.3 m830.7 m886.4 m767.7 m1.1 b1.3 b1.8 b2.7 b3 b

Accounts Receivable

532.4 m502.6 m593.6 m599.2 m666.7 m731.2 m850.8 m901.5 m1 b1.1 b1.1 b

Prepaid Expenses

202.4 m191.3 m181.2 m238.3 m253.4 m241.1 m257.1 m219.2 m206.4 m270.2 m332.5 m

Current Assets

4 b4.2 b4.5 b4.9 b5.2 b5.4 b5.8 b6.1 b6.6 b7.5 b7.7 b

PP&E

784.3 m785.2 m797.5 m794.9 m796.1 m811.5 m821.7 m924.1 m939.8 m991.7 m993.5 m

Goodwill

5.4 b5.4 b5.4 b5.4 b5.4 b5.4 b5.8 b5.8 b5.8 b5.8 b5.8 b

Total Assets

11 b11.2 b11.5 b11.9 b12.2 b12.4 b13 b13.4 b13.9 b15 b15.2 b

Accounts Payable

71.7 m56.5 m69.8 m71.7 m75.6 m83.4 m191.5 m77.9 m90.3 m131.1 m117.2 m

Short-term debt

64 k

Current Liabilities

1.8 b1.9 b2.1 b2.2 b2.4 b2.5 b3 b3 b3.2 b3.5 b3.7 b

Long-term debt

1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b

Total Debt

1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b

Total Liabilities

4.4 b4.6 b4.7 b4.8 b5 b5.1 b5.5 b5.6 b5.7 b6.3 b6.5 b

Common Stock

61 k61 k61 k61 k61 k61 k61 k61 k61 k61 k61 k

Additional Paid-in Capital

3.9 b4 b4.1 b4.3 b4.4 b4.5 b4.7 b4.8 b5 b5.2 b5.4 b

Retained Earnings

6.8 b6.9 b7 b7.2 b7.4 b7.7 b8.3 b8.7 b9.1 b9.8 b10.5 b

Total Equity

6.6 b6.6 b6.8 b7.1 b7.2 b7.3 b7.6 b7.8 b8.2 b8.6 b8.7 b

Debt to Equity Ratio

0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.2 x0.2 x0.2 x0.2 x0.2 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.1 x0.1 x0.1 x0.1 x0.1 x

Financial Leverage

1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x1.7 x

Adobe Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

268.4 m629.6 m1.2 b1.7 b

Depreciation and Amortization

313.6 m339.5 m331.5 m326 m

Accounts Receivable

7.9 m(79.5 m)(160.4 m)(187.2 m)

Accounts Payable

6.2 m22.9 m(6.3 m)(45.2 m)

Cash From Operating Activities

282.8 m1.5 b2.2 b2.9 b

Purchases of PP&E

(148.3 m)(184.9 m)(203.8 m)(178.1 m)

Cash From Investing Activities

(490.7 m)(1.5 b)(960 m)(442.9 m)

Long-term Borrowings

(14.7 m)(602.2 m)(108 k)(2 m)

Cash From Financing Activities

(507.3 m)(200.7 m)(1.1 b)(1.2 b)

Net Change in Cash

(240.8 m)134.8 m1.3 b

Interest Paid

68.9 m56 m66.2 m69.4 m

Income Taxes Paid

20.1 m203 m249.9 m396.7 m

Quarterly

USDQ1, 2015Q2, 2015Q3, 2015Q1, 2017Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

84.9 m232.4 m406.8 m254.3 m498.4 m769.2 m398.4 m772.8 m1.2 b583.1 m1.2 b

Depreciation and Amortization

79.6 m165.6 m253.1 m81.2 m165.7 m249.7 m19.1 m162.4 m244.8 m76.5 m152.9 m

Accounts Receivable

62.1 m91.3 m(104 k)74.3 m8.6 m(57 m)184.3 m132.3 m26.5 m154.4 m140.7 m

Accounts Payable

1.4 m(13.8 m)(614 k)(21.6 m)(18.7 m)(10.9 m)32.8 m(80.8 m)(68.4 m)17.6 m3.7 m

Cash From Operating Activities

183 m654.5 m1 b497.5 m986.2 m1.5 b730.4 m1.4 b2.1 b989.6 m2 b

Purchases of PP&E

(35.5 m)(71.3 m)(120.3 m)(46.2 m)(100 m)(155.2 m)(30.9 m)(86.2 m)(140.4 m)(95.1 m)(140.5 m)

Cash From Investing Activities

(698.4 m)(737.3 m)(1.2 b)(258.8 m)(510.3 m)(816.9 m)(338.9 m)(426.4 m)(463.2 m)(93.8 m)(26.1 m)

Long-term Borrowings

(602.2 m)(602.2 m)(602.2 m)(21 k)(86 k)(511 k)

Cash From Financing Activities

119.3 m(66.8 m)(85.5 m)(284.4 m)(465.3 m)(790.2 m)(331.5 m)(645.9 m)(864.2 m)(541.3 m)(1.3 b)

Net Change in Cash

(404.5 m)(161.3 m)(288.1 m)(45.9 m)9.8 m(108.9 m)57.6 m305.6 m763.2 m360.9 m321 m

Interest Paid

16.9 m23.8 m48.9 m26.1 m33.9 m58.2 m24.9 m34 m59.8 m26.4 m37.5 m

Income Taxes Paid

6 m20.2 m61.5 m16 m33.9 m108.5 m27.3 m48.7 m211.3 m31.1 m73.5 m

Adobe Ratios

USDY, 2018

EV/EBIT

91.8 x

EV/CFO

65.4 x

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.7 x
Report incorrect company information

Adobe Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Oct, 2017FY, 2017Q1, 2018Q2, 2018

Annual 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$3.70 b$4.01 b$4.25 b$4.56 b$4.87 b$5.23 b$5.07 b$6.06 m

Downloads

165 m500 m

Installations

500 m

Members (Creative Cloud)

10 m

Net Subscriber Additions

6.17 m

PDFs opened

50 b200 b

Transactions

90 t155 t

Unbilled Backlog

$2.19 b$2.89 b$3.42 b$3.94 b
Report incorrect company information