Company profile

Ticker
ADBE
Exchange
Website
CEO
Shantanu Narayen
Employees
Incorporated in
Location
Fiscal year end
Former names
Adobe Systems Inc
SEC CIK
IRS number
770019522

ADBE stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Calendar

21 Jan 20
19 Feb 20
29 Nov 20

News

Company financial data Financial data

Quarter (USD) Nov 19 Aug 19 May 19 Mar 19
Revenue 2.99B 2.83B 2.74B 2.6B
Net income 851.86M 792.76M 632.59M 674.24M
Diluted EPS 1.74 1.61 1.29 1.36
Net profit margin 28.47% 27.97% 23.05% 25.92%
Operating income 969.93M 853.81M 749.55M 694.83M
Net change in cash 441.17M 126.14M 344.06M 96.07M
Cash on hand 2.65B 2.21B 2.08B 1.74B
Cost of revenue 451.98M 415.96M 407.49M 397.29M
Annual (USD) Nov 19 Nov 15 Nov 14
Revenue 11.17B 4.8B 4.15B
Net income 2.95B 629.55M 268.4M
Diluted EPS 6 1.24 0.53
Net profit margin 26.42% 13.13% 6.47%
Operating income 3.27B 903.1M 412.69M
Net change in cash 1.77B -240.84M
Cash on hand 2.65B 876.56M 1.12B
Cost of revenue 1.67B 744.32M 622.08M

Financial data from Adobe earnings reports

Financial report summary

?
Risks
  • Our competitive position and results of operations could be harmed if we do not compete effectively.
  • If we cannot continue to develop, acquire, market and offer new products and services or enhancements to existing products and services that meet customer requirements, our operating results could suffer.
  • Introduction of new technology could harm our business and results of operations.
  • Security breaches in data centers we manage, or third parties manage on our behalf, may compromise the confidentiality, integrity, or availability of employee and customer data, which could expose us to liability and adversely affect our reputation and business.
  • We rely on data centers managed both by Adobe and third parties to host and deliver our services, as well as access, collect, process, use, transmit and store data, and any interruptions or delays in these hosted services, or failures in data collection or transmission could expose us to liability and harm our business and reputation.
  • Increasing regulatory focus on privacy and security issues and expanding laws could impact our business models and expose us to increased liability.
  • Security vulnerabilities in our products and systems, or in our supply chain, could lead to reduced revenue or to liability claims.
  • Some of our enterprise offerings have extended and complex sales cycles, which can make our sales cycles unpredictable.
  • If our customers fail to renew subscriptions in accordance with our expectations, our future revenue and operating results could suffer.
  • We face various risks associated with our operating as a multinational corporation.
  • Our business could be harmed if we fail to effectively manage critical strategic third-party business relationships.
  • We may not realize the anticipated benefits of past or future investments or acquisitions, and integration of acquisitions may disrupt our business and management.
  • We are subject to risks associated with compliance with laws and regulations globally, which may harm our business.
  • Uncertainty about current and future economic conditions and other adverse changes in general political conditions in any of the major countries in which we do business could adversely affect our operating results.
  • Subscription offerings could create risks related to the timing of revenue recognition.
  • Changes in accounting principles, or interpretations thereof, could have a significant impact on our financial position and results of operations.
  • Changes in tax rules and regulations, or interpretations thereof, may adversely affect our effective tax rates.
  • If our products or platforms are used to create or disseminate objectionable content, particularly misleading content intended to manipulate public opinion, our brand reputation may be damaged, and our business and financial results may be harmed.
  • The success of some of our product and service offerings depends on our ability to continue to attract and retain customers of and contributors to our online marketplaces for creative content.
  • Our intellectual property portfolio is a valuable asset and we may not be able to protect our intellectual property rights, including our source code, from infringement or unauthorized copying, use or disclosure.
  • We may incur substantial costs defending against third parties alleging that we infringe their proprietary rights.
  • We may incur losses associated with currency fluctuations and may not be able to effectively hedge our exposure.
  • Failure of our third-party customer service and technical support providers to adequately address customers’ requests could harm our business and adversely affect our financial results.
  • Revenue, margin or earnings shortfalls or the volatility of the market generally may cause the market price of our stock to decline.
  • Contracting with government entities exposes us to additional risks inherent in the government procurement process.
  • If we are unable to recruit and retain key personnel, our business may be harmed.
  • Failure to manage our sales and distribution channels effectively could result in a loss of revenue and harm to our business.
  • If our goodwill or amortizable intangible assets become impaired, then we could be required to record a significant charge to earnings.
  • We have issued $1.9 billion of notes in debt offerings and have a $2.25 billion term loan, and may incur other debt in the future, which may adversely affect our financial condition and future financial results.
  • Catastrophic events may disrupt our business.
  • Climate change may have a long-term impact on our business.
  • Our investment portfolio may become impaired by deterioration of the financial markets.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: Aero, aforementioned, Alchemist, ASC, Bachelor, bleed, bloom, Brexit, BS, capable, career, Carnegie, Chakravarthy, character, Chen, cinematic, Codification, commute, compounded, compounding, constraint, coordinate, craft, danger, decade, defamation, deficit, depth, dig, drought, embed, embedded, embracing, Epic, evenly, expedient, expeditiously, extreme, Figma, footprint, freely, Fresco, fringe, gamepad, gather, geometry, Harvard, hoc, illicit, immigration, inclusive, infinite, Informatica, ingest, injury, inside, intergovernmental, interrelated, Invision, IoT, ISO, jet, joy, keyboard, lifecycle, logo, macro, manipulate, manipulating, map, Max, Maya, McKinsey, Mellon, misinformation, misleading, monetary, movie, nascent, newsworthy, NISD, nondestructive, nondestructively, nonrefundable, objectionable, onboarding, OneDrive, Painter, passage, PCI, photograph, possession, predefined, progressing, proposed, protectionism, prudent, Query, Quixel, raster, realistic, recast, rediscover, reshaping, Resize, reuse, revolutionary, seasonality, sentiment, sequential, sharable, Sitecore, smudged, SOC, stitch, Studio, Substance, substantive, Subtopic, succeeding, surface, swirled, tagging, tear, texture, texturing, TikTok, Topic, touchpoint, trend, tweak, unamortized, uncover, Underpinning, unilateral, Unity, unknown, unstructured, Varanasi, VeriSign, vote, Wacom, wear, wildfire
Removed: Absent, accompany, accountant, added, Almaden, annotate, Arab, art, attached, Austria, BESP, CC, Chile, choose, Columbia, companion, comparison, Compensatory, compositing, confirming, conformance, COSO, Council, credited, Czech, deducting, Dell, determinable, duly, establish, EU, evidenced, exercised, extra, failing, fall, filing, Finland, forfeited, fourteen, frequently, fulfilled, hereof, historic, IBM, incorporating, incorporation, Index, input, irrespective, lapsed, lawful, Lehi, list, LiveCycle, materialize, Morgan, narrow, nonperformance, North, Norway, notably, Omniture, optionally, pace, persuasive, Pluralsight, Pound, precise, preliminary, promoting, promotional, Quark, ratifying, RBC, rebate, recognizing, redemption, reinstatement, Rencher, Republic, residual, revert, revised, rollforward, server, Shantanu, ship, shipment, slightly, Stanley, strength, substantiate, Symphony, Teradata, thereunto, therewith, Tower, TPE, Typekit, undersigned, upgrade, utilized, virtue, weakened, week, wrote, Zealand