10-K.Info (Beta Test)
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Income Statement Comp. Income Cash Flow Balance Sheet All Statements
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10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

ADOBE INC.

Ticker: ADBE   Fiscal Year: 2020

Consolidated Statements of Income

Period Ending Nov 27, 2020 10-K (Filed: Jan 15, 2021)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Nov 27, 2020Nov 29, 2019Nov 30, 2018
Revenue:
Subscription
$
11,626
9,6347,604
Product507648622
Services and other735889804
Total revenue12,86811,1719,030
 
Cost of revenue:
Subscription1,108926574
Product364046
Services and other578707575
Total cost of revenue1,7221,6731,195
 
Gross profit11,1469,4987,835
 
Operating expenses:
Research and development2,1881,9301,538
Sales and marketing3,5913,2442,621
General and administrative968881745
Amortization of intangibles16217591
Total operating expenses6,9096,2304,995
 
Operating income4,2373,2682,840
 
Non-operating income (expense):
Interest expense(116)(157)(89)
Investment gains (losses), net13523
Other income (expense), net424240
Total non-operating income (expense), net(61)(63)(46)
 
Income before income taxes4,1763,2052,794
Provision for (benefit from) income taxes(1,084)254203
Net income5,2602,9512,591
 
Basic net income per share10.946.075.28
Shares used to compute basic net income per share480,900486,300490,600
Diluted net income per share10.836.005.20
Shares used to compute diluted net income per share485,500491,600497,800
External Links 
ADOBE INC. (ADBE) Fiscal Year 2020
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip