Company Quick10K Filing
Adobe Systems
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 492 $137,757
10-K 2020-01-21 Annual: 2019-11-29
10-Q 2019-09-26 Quarter: 2019-08-30
10-Q 2019-06-26 Quarter: 2019-05-31
10-Q 2019-03-27 Quarter: 2019-03-01
10-K 2019-01-25 Annual: 2018-11-30
10-Q 2018-09-26 Quarter: 2018-08-31
10-Q 2018-06-27 Quarter: 2018-06-01
10-Q 2018-03-28 Quarter: 2018-03-02
10-K 2018-01-22 Annual: 2017-12-01
10-Q 2017-09-27 Quarter: 2017-09-01
10-Q 2017-06-28 Quarter: 2017-06-02
10-Q 2017-03-29 Quarter: 2017-03-03
10-K 2017-01-20 Annual: 2016-12-02
10-Q 2016-09-27 Quarter: 2016-09-02
10-Q 2016-06-29 Quarter: 2016-06-03
10-Q 2016-03-30 Quarter: 2016-03-04
10-K 2016-01-19 Annual: 2015-11-27
10-Q 2015-09-23 Quarter: 2015-08-28
10-Q 2015-06-24 Quarter: 2015-05-29
10-Q 2015-03-25 Quarter: 2015-02-27
10-K 2015-01-20 Annual: 2014-11-28
10-Q 2014-09-25 Quarter: 2014-08-29
10-Q 2014-06-25 Quarter: 2014-05-30
10-Q 2014-03-28 Quarter: 2014-02-28
10-K 2014-01-21 Annual: 2013-11-29
10-Q 2013-10-03 Quarter: 2013-08-30
10-Q 2013-06-28 Quarter: 2013-05-31
10-Q 2013-03-28 Quarter: 2013-03-01
10-K 2013-01-22 Annual: 2012-11-30
10-Q 2012-09-27 Quarter: 2012-08-31
10-Q 2012-06-27 Quarter: 2012-06-01
10-Q 2012-03-30 Quarter: 2012-03-02
10-K 2012-01-26 Annual: 2011-12-02
10-Q 2011-10-07 Quarter: 2011-09-02
10-Q 2011-06-29 Quarter: 2011-06-03
10-Q 2011-04-08 Quarter: 2011-03-04
10-K 2011-01-27 Annual: 2010-12-03
10-Q 2010-10-08 Quarter: 2010-09-03
10-Q 2010-07-02 Quarter: 2010-06-04
10-Q 2010-04-09 Quarter: 2010-03-05
10-K 2010-01-22 Annual: 2009-11-27
8-K 2019-12-12 Earnings, Exhibits
8-K 2019-09-17 Earnings, Exhibits
8-K 2019-06-18 Earnings, Exhibits
8-K 2019-04-11 Officers, Shareholder Vote, Exhibits
8-K 2019-03-14 Earnings, Exhibits
8-K 2019-01-24 Officers, Exhibits
8-K 2019-01-17 Officers, Exhibits
8-K 2018-12-13 Earnings, Exhibits
8-K 2018-11-19 Officers
8-K 2018-10-31 M&A, Other Events, Exhibits
8-K 2018-10-17 Enter Agreement, Leave Agreement, Off-BS Arrangement, Exhibits
8-K 2018-10-08 Amend Bylaw, Exhibits
8-K 2018-09-21 Enter Agreement, Regulation FD, Exhibits
8-K 2018-09-13 Earnings, Exhibits
8-K 2018-06-14 Earnings, Exhibits
8-K 2018-05-15 Other Events, Exhibits
8-K 2018-04-12 Officers, Shareholder Vote, Exhibits
8-K 2018-04-04 Officers, Exhibits
8-K 2018-03-15 Earnings, Exhibits
8-K 2018-01-24 Officers, Exhibits

Adobe Systems Financials

ADBE Metrics, Comps, Filings

Annual | Quarterly

Business

Founded in 1982, Adobe Inc. (formerly Adobe Systems Incorporated) is one of the largest and most diversified software companies in the world. We offer a line of products and services used by creative professionals, marketers, knowledge workers, students, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing, engaging and transacting with compelling content and experiences across personal computers, devices and media. We market our products and services directly to enterprise customers through our sales force and local field offices. We license our products to end users through app stores and our own website at www.adobe.com. We offer many of our products via a Software-as-a-Service ("SaaS") model or a managed services model (both of which are referred to as hosted or cloud-based) as well as through term subscription and pay-per-use models. We also distribute certain products and services through a network of distributors, value-added resellers ("VARs"), systems integrators ("SIs"), independent software vendors ("ISVs"), retailers, software developers and original equipment manufacturers ("OEMs"). In addition, we license our technology to hardware manufacturers, software developers and service providers for use in their products and solutions. Our products run on personal and server-based computers, as well as on smartphones, tablets and other devices, depending on the product. We have operations in the Americas, Europe, Middle East and Africa ("EMEA"), and Asia-Pacific ("APAC").

For over 35 years, Adobe's innovations have transformed how individuals, teams, businesses and governments interact. We help our customers create and deliver the most compelling experiences in a streamlined workflow and optimize those experiences for greater return on investment. Our solutions turn ordinary interactions into valuable digital experiences, across media and devices, anytime, anywhere.

While we continue to offer a broad portfolio of products, services, and solutions, we focus our investments in two strategic growth areas:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Oracle (ORCL) 179,230 0% 11.6 10% 106,229 87,210 39,531 0 10,955 17,206 198,839
Adobe Systems (ADBE) 137,757 87% 36.3 14% 20,055 9,812 10,644 9,272 2,786 3,723 135,094
Salesforce.com (CRM) 134,163 73% 49.0 3% 33,336 16,170 15,074 11,013 950 2,727 133,649
Intuit (INTU) 70,823 11% 33.0 25% 6,283 2,534 6,784 713 1,557 2,086 68,857
VMware (VMW) 64,205 0% 25.4 31% 20,372 15,173 9,496 0 6,267 2,563 65,133
ServiceNow (NOW) 52,221 76% 240.4 0% 4,603 3,342 3,011 2,301 3 215 51,634
Activision Blizzard (ATVI) 35,351 21% 13.9 10% 17,495 5,518 7,426 1,549 1,685 2,415 33,452
Autodesk (ADSK) 34,134 87% 116.6 1% 4,873 5,067 3,005 2,619 57 297 34,600
Citrix Systems (CTXS) 30,974 86% 37.4 13% 3,935 3,427 3,002 2,567 528 814 30,469
Square (SQ) 30,173 41% 1,214.1 -1% 4,654 3,470 3,923 1,595 -53 25 30,429
Electronic Arts (EA) 29,643 74% 10.7 22% 9,749 3,264 5,022 3,728 2,147 2,439 26,110
Veeva Systems (VEEV) 23,190 73% 69.7 15% 1,860 415 969 707 288 321 22,362
Synopsys (SNPS) 21,200 78% 29.8 10% 6,153 2,214 3,305 2,577 626 692 20,637
Cadence Design Systems (CDNS) 19,514 0% 29.3 16% 2,612 1,182 2,304 0 426 645 18,880
Twilio (TWLO) 17,757 54% -122.3 -4% 5,109 812 881 476 -203 -141 17,222
Splunk (SPLK) 17,377 117% 119.4 0% 4,488 3,054 1,422 1,667 0 132 15,705
Ansys (ANSS) 17,172 89% 29.3 12% 3,513 696 1,391 1,239 438 565 16,541
Check Point Software (CHKP) 16,409 0% 5,828 2,056 0 0 0 0 16,105
SS&C Technologies (SSNC) 15,642 42% 18.8 2% 16,141 11,295 4,389 1,860 318 1,193 22,411
Tableau Software (DATA) 14,111 87% -104.9 -7% 1,912 837 1,231 1,077 -143 -129 13,558

Balance Sheet ($MM)2009-11-302010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Cash9992,4689901,4258353,7393,9881,0115,8203,229
Accounts Receivable4115546346176005926728331,2181,316
Inventory
PP&E3884495286641,4487857878169371,075
Assets7,2828,1418,9919,97510,38010,78611,72612,70714,53618,769
Accounts Payable5952875062689388114186
Long-Term Debt1,0001,5141,5051,4971,4999111,9071,9021,8814,125
Liabilities2,3922,9493,2083,3093,6564,0104,7255,2826,0769,407
Stockholders' Equity4,8915,1925,7836,6656,7256,7767,0027,4258,4609,362
Income Statement ($MM)2009-11-302010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Revenue1862543413884471,6284464694619,030
Cost of Revenue68801181431701907448203301,195
Gross Profit2,6493,3963,7783,9203,4693,5254,0515,0356,2917,835
R&D
SG&A1,2811,6281,8001,9512,1412,1962,2152,4882,8223,366
Tax3151682022866620203250444203
Net Income3877758338332902686301,1691,6942,591
Cash Flow ($MM)2009-11-302010-11-302011-11-302012-11-302013-11-302014-11-302015-11-302016-11-302017-11-302018-11-30
Cash Operating1,1181,1131,5431,5001,1521,2871,4702,2002,9134,029
Cash Investing-1,497-1,159-757-835-1,178-491-1,488-960-443-4,685
Cash Financing478-215-550-235-559-507-201-1,091-1,184-6