Adobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

Adobe Inc.

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Assets	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Aug '24
Cash and Cash Equivalents	5,431	4,982	4,931	6,758	7,613	7,193
Cash and Cash Equivalents
Short-Term Investments	1,164	958	782	677	273	322
Short-Term Investments
Total Cash and Cash Equivalents	6,595	5,940	5,713	7,435	7,886	7,515
Accounts Receivable	2,344	2,093	1,735	1,973	2,072	1,802
Trade Receivables, Net
Total Trade Receivables	2,344	2,093	1,735	1,973	2,072	1,802
Other Current Assets	1,224	1,379	1,530	1,447	1,274	1,399
Deferred Income Taxes
Prepaid Expenses and Other Current Assets
Total Current Assets	10,163	9,412	8,978	10,855	11,232	10,716
Total Current Assets
Net Property, Plant & Equipment	2,185	2,215	2,149	2,159	2,217	2,337
Property and Equipment, Net
Operating Lease Right-of-Use Assets, Net
Net Intangible Assets	495	555	631	706	782	858
Other Intangibles, Net
Goodwill	12,857	12,862	12,830	12,777	12,788	12,814
Goodwill
Other Long-Term Assets	3,796	3,710	3,519	3,458	3,211	3,105
Investment in Lease Receivable
Deferred Income Taxes
Other Assets
Total Assets	29,496	28,754	28,107	29,955	30,230	29,830
Total Assets

Liabilities	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Aug '24
Accounts Payable	417	337	360	326	361	318
Trade Payables
Accrued Expenses	2,648	2,289	2,256	1,951	2,336	1,848
Accrued Expenses and Other Current Liabilities
Short-Term Debt	—	—	—	—	1,499	1,499
Debt
Current Portion of Leases	77	74	74	74	75	70
Operating Lease Liabilities
Unearned Revenue	6,905	6,385	6,220	6,347	6,131	5,779
Deferred Revenue
Other Current Liabilities	153	154	129	465	119	130
Accrued Restructuring
Income Taxes Payable
Total Current Liabilities	10,200	9,239	9,039	9,163	10,521	9,644
Total Current Liabilities
Long-Term Debt	6,210	6,200	6,166	6,155	4,129	4,128
Debt
Leases	361	362	323	334	353	381
Operating Lease Liabilities
Other Long-Term Liabilities	1,102	1,183	1,131	1,208	1,122	1,132
Deferred Revenue
Accrued Restructuring
Income Taxes Payable
Deferred Income Taxes
Other Liabilities
Total Long-Term Liabilities	7,673	7,745	7,620	7,697	5,604	5,641
Total Liabilities	17,873	16,984	16,659	16,860	16,125	15,285
Total Liabilities

Equity	Nov '25	Aug '25	May '25	Feb '25	Nov '24	Aug '24
Common Stock	—	—	—	—	—	—
Common Stock
Treasury Stock	-48,847	-46,373	-44,338	-40,827	-37,583	-35,083
Treasury Stock, at Cost
Additional Paid-in Capital	15,361	14,968	14,375	13,894	13,419	13,026
Additional Paid-in Capital
Accumulated Other Comprehensive Income	-245	-341	-333	-158	-201	-309
Accumulated Other Comprehensive Income (Loss)
Retained Earnings	45,354	43,516	41,744	40,186	38,470	36,911
Retained Earnings
Total Common Shareholders' Equity	11,623	11,770	11,448	13,095	14,105	14,545
Total Stockholders' Equity
Total Shareholders' Equity	11,623	11,770	11,448	13,095	14,105	14,545
Total Stockholders' Equity
Total Liabilities and Shareholders' Equity	29,496	28,754	28,107	29,955	30,230	29,830
Total Liabilities and Stockholders' Equity