ADOBE INC.
For the period ended Aug 28, 2026. Filed Sep 22, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 28, 2026 · Filed Sep 22, 2026
Contents
Condensed Consolidated Balance Sheets August 28, 2026 and November 28, 2025
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions, except par value)
| August 28,2026 | November 28,2025 | |
|---|---|---|
| (Unaudited) | (*) | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $4,359 | $5,431 |
| Short-term investments | 1,280 | 1,164 |
| Trade receivables, net of allowances for doubtful accounts of $12 and $13, respectively | 2,081 | 2,344 |
| Prepaid expenses and other current assets | 1,438 | 1,224 |
| Total current assets | 9,158 | 10,163 |
| Property and equipment, net | 1,870 | 1,873 |
| Operating lease right-of-use assets, net | 286 | 312 |
| Goodwill | 14,037 | 12,857 |
| Other intangibles, net | 956 | 495 |
| Deferred income taxes | 1,928 | 2,186 |
| Other assets | 1,746 | 1,610 |
| Total assets | $29,981 | $29,496 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Trade payables | $529 | $417 |
| Accrued expenses and other current liabilities | 2,516 | 2,648 |
| Debt | 1,597 | — |
| Deferred revenue | 7,094 | 6,905 |
| Income taxes payable | 63 | 153 |
| Operating lease liabilities | 89 | 77 |
| Total current liabilities | 11,888 | 10,200 |
| Long-term liabilities: | ||
| Debt | 4,766 | 6,210 |
| Deferred revenue | 110 | 125 |
| Income taxes payable | 567 | 469 |
| Operating lease liabilities | 310 | 361 |
| Other liabilities | 576 | 508 |
| Total liabilities | 18,217 | 17,873 |
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value; 2 shares authorized; none issued | — | — |
| Common stock, $0.0001 par value; 900 shares authorized; 601 shares issued; 391 and 413 shares outstanding, respectively | — | — |
| Additional paid-in capital | 16,992 | 15,361 |
| Retained earnings | 50,594 | 45,354 |
| Accumulated other comprehensive income (loss) | (203) | (245) |
| Treasury stock, at cost (210 and 188 shares, respectively) | (55,619) | (48,847) |
| Total stockholders’ equity | 11,764 | 11,623 |
| Total liabilities and stockholders’ equity | $29,981 | $29,496 |
(*) The condensed consolidated balance sheet as of November 28, 2025 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.