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: 2022

Consolidated Statements of Income

Period Ending Dec 2, 2022 10-K (Filed: Jan 17, 2023)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 2, 2022Dec 3, 2021Nov 27, 2020
Revenue:
Subscription
$
16,388
14,57311,626
Product532555507
Services and other686657735
Total revenue17,60615,78512,868
 
Cost of revenue:
Subscription1,6461,3741,108
Product354136
Services and other484450578
Total cost of revenue2,1651,8651,722
 
Gross profit15,44113,92011,146
 
Operating expenses:
Research and development2,9872,5402,188
Sales and marketing4,9684,3213,591
General and administrative1,2191,085968
Amortization of intangibles169172162
Total operating expenses9,3438,1186,909
 
Operating income6,0985,8024,237
 
Non-operating income (expense):
Interest expense(112)(113)(116)
Investment gains (losses), net(19)1613
Other income (expense), net41042
Total non-operating income (expense), net(90)(97)(61)
 
Income before income taxes6,0085,7054,176
Provision for (benefit from) income taxes1,252883(1,084)
Net income4,7564,8225,260
 
Basic net income per share10.1310.1010.94
Shares used to compute basic net income per share469,500477,300480,900
Diluted net income per share10.1010.0210.83
Shares used to compute diluted net income per share470,900481,000485,500
External Links 
ADOBE INC. (ADBE) Fiscal Year 2022
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