10-Q
Quarterly Report
ADOBE INC.
ADBE
NASDAQ
CIK: 796343
File #: 000-15175
Balance Sheet
48 line items · 2 periods
XBRL
| Item | May 29, 2026 | Nov 28, 2025 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 4,919,000,000 | 5,431,000,000 |
Short-term investments | 707,000,000 | 1,164,000,000 |
Trade receivables, net of allowances for doubtful accounts of $14 and $13, respectively | 1,993,000,000 | 2,344,000,000 |
Prepaid expenses and other current assets | 1,449,000,000 | 1,224,000,000 |
Total current assets | 9,068,000,000 | 10,163,000,000 |
Property and equipment, net | 1,870,000,000 | 1,873,000,000 |
Operating lease right-of-use assets, net | 299,000,000 | 312,000,000 |
Goodwill | 14,041,000,000 | 12,857,000,000 |
Other intangibles, net | 1,012,000,000 | 495,000,000 |
Deferred income taxes | 1,998,000,000 | 2,186,000,000 |
Other assets | 1,645,000,000 | 1,610,000,000 |
Total assets | 29,933,000,000 | 29,496,000,000 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Current liabilities: | ||
Trade payables | 499,000,000 | 417,000,000 |
Accrued expenses and other current liabilities | 2,455,000,000 | 2,648,000,000 |
Debt | 1,843,000,000 | 0 |
Senior Notes | 1,349,000,000 | 0 |
Deferred revenue | 7,152,000,000 | 6,905,000,000 |
Income taxes payable | 38,000,000 | 153,000,000 |
Operating lease liabilities | 91,000,000 | 77,000,000 |
Total current liabilities | 12,078,000,000 | 10,200,000,000 |
Long-term liabilities: | ||
Debt | 4,802,000,000 | 6,210,000,000 |
Senior Notes | 4,802,000,000 | 6,210,000,000 |
Deferred revenue | 98,000,000 | 125,000,000 |
Income taxes payable | 536,000,000 | 469,000,000 |
Operating lease liabilities | 329,000,000 | 361,000,000 |
Other liabilities | 572,000,000 | 508,000,000 |
Total liabilities | 18,415,000,000 | 17,873,000,000 |
Stockholders’ equity: | ||
Preferred stock, $0.0001 par value; 2 shares authorized; none issued | 0 | 0 |
Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued; 399 and 413 shares outstanding, respectively | 0 | 0 |
Additional paid-in capital | 16,416,000,000 | 15,361,000,000 |
Retained earnings | 48,767,000,000 | 45,354,000,000 |
Accumulated other comprehensive income (loss) | (247,000,000) | (245,000,000) |
Treasury stock, at cost (202 and 188 shares, respectively) | 53,418,000,000 | 48,847,000,000 |
Total stockholders’ equity | 11,518,000,000 | 11,623,000,000 |
Common Stock | 0 | 0 |
Additional Paid-In Capital | 16,416,000,000 | 15,361,000,000 |
Retained Earnings | 48,767,000,000 | 45,354,000,000 |
Total accumulated other comprehensive income (loss), net of taxes | (247,000,000) | (245,000,000) |
Treasury Stock | (53,418,000,000) | (48,847,000,000) |
Net unrealized gains / losses on derivative instruments designated as hedging instruments | (41,000,000) | (45,000,000) |
Cumulative foreign currency translation adjustments | (206,000,000) | (200,000,000) |
Total liabilities and stockholders’ equity | 29,933,000,000 | 29,496,000,000 |