2023 Q1 Form 10-Q Financial Statement
#000079634323000055 Filed on March 29, 2023
Income Statement
| Concept | 2023 Q1 | 2022 Q1 |
|---|---|---|
| Revenue | $4.655B | $4.262B |
| YoY Change | 9.22% | 9.14% |
| Cost Of Revenue | $568.0M | $512.0M |
| YoY Change | 10.94% | 14.54% |
| Gross Profit | $4.087B | $3.750B |
| YoY Change | 8.99% | 8.44% |
| Gross Profit Margin | 87.8% | 87.99% |
| Selling, General & Admin | $1.632B | $1.427B |
| YoY Change | 14.37% | 6.57% |
| % of Gross Profit | 39.93% | 38.05% |
| Research & Development | $827.0M | $701.0M |
| YoY Change | 17.97% | 13.06% |
| % of Gross Profit | 20.23% | 18.69% |
| Depreciation & Amortization | $212.0M | $213.0M |
| YoY Change | -0.47% | 8.67% |
| % of Gross Profit | 5.19% | 5.68% |
| Operating Expenses | $2.501B | $2.170B |
| YoY Change | 15.25% | 8.28% |
| Operating Profit | $1.586B | $1.580B |
| YoY Change | 0.38% | 8.67% |
| Interest Expense | -$31.00M | $28.00M |
| YoY Change | -210.71% | -212.0% |
| % of Operating Profit | -1.95% | 1.77% |
| Other Income/Expense, Net | $43.00M | -$37.00M |
| YoY Change | -216.22% | -1025.0% |
| Pretax Income | $1.598B | $1.543B |
| YoY Change | 3.56% | 7.68% |
| Income Tax | $351.0M | $277.0M |
| % Of Pretax Income | 21.96% | 17.95% |
| Net Earnings | $1.247B | $1.266B |
| YoY Change | -1.5% | 0.4% |
| Net Earnings / Revenue | 26.79% | 29.7% |
| Basic Earnings Per Share | $2.72 | $2.68 |
| Diluted Earnings Per Share | $2.71 | $2.66 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 457.8M shares | 472.6M shares |
| Diluted Shares Outstanding | 459.5M shares | 475.4M shares |
Balance Sheet
| Concept | 2023 Q1 | 2022 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $5.653B | $4.701B |
| YoY Change | 20.25% | -5.28% |
| Cash & Equivalents | $4.072B | $2.739B |
| Short-Term Investments | $1.581B | $1.962B |
| Other Short-Term Assets | $888.0M | $1.090B |
| YoY Change | -18.53% | 20.98% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $1.801B | $1.690B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $8.342B | $7.476B |
| YoY Change | 11.58% | 1.25% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.369B | $1.703B |
| YoY Change | 39.11% | 11.31% |
| Goodwill | $12.79B | $12.80B |
| YoY Change | -0.08% | 8.02% |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.810B | $874.0M |
| YoY Change | 107.09% | 15.3% |
| Total Long-Term Assets | $18.33B | $18.50B |
| YoY Change | -0.95% | 5.11% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $8.342B | $7.476B |
| Total Long-Term Assets | $18.33B | $18.50B |
| Total Assets | $26.67B | $25.98B |
| YoY Change | 2.66% | 3.97% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $308.0M | $295.0M |
| YoY Change | 4.41% | 16.14% |
| Accrued Expenses | $1.550B | $1.333B |
| YoY Change | 16.28% | 7.24% |
| Deferred Revenue | $5.357B | $4.894B |
| YoY Change | 9.46% | 18.38% |
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $0.00 | $499.0M |
| YoY Change | -100.0% | |
| Total Short-Term Liabilities | $7.437B | $7.197B |
| YoY Change | 3.33% | 23.96% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $3.630B | $3.626B |
| YoY Change | 0.11% | -11.97% |
| Other Long-Term Liabilities | $1.394B | $262.0M |
| YoY Change | 432.06% | 5.65% |
| Total Long-Term Liabilities | $5.024B | $262.0M |
| YoY Change | 1817.56% | 5.65% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $7.437B | $7.197B |
| Total Long-Term Liabilities | $5.024B | $262.0M |
| Total Liabilities | $12.46B | $12.20B |
| YoY Change | 2.13% | 6.66% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $29.44B | $24.96B |
| YoY Change | 17.92% | 21.64% |
| Common Stock | $0.00 | $0.00 |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $25.21B | $19.76B |
| YoY Change | 27.57% | 36.73% |
| Treasury Stock Shares | ||
| Shareholders Equity | $14.21B | $13.78B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $26.67B | $25.98B |
| YoY Change | 2.66% | 3.97% |
Cashflow Statement
| Concept | 2023 Q1 | 2022 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $1.247B | $1.266B |
| YoY Change | -1.5% | 0.4% |
| Depreciation, Depletion And Amortization | $212.0M | $213.0M |
| YoY Change | -0.47% | 8.67% |
| Cash From Operating Activities | $1.693B | $1.769B |
| YoY Change | -4.3% | -0.17% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $101.0M | $100.0M |
| YoY Change | 1.0% | -269.49% |
| Acquisitions | $0.00 | $106.0M |
| YoY Change | -100.0% | |
| Other Investing Activities | $257.0M | -$160.0M |
| YoY Change | -260.63% | -89.33% |
| Cash From Investing Activities | $156.0M | -$260.0M |
| YoY Change | -160.0% | -83.31% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $2.400B | |
| YoY Change | ||
| Debt Paid & Issued, Net | $500.0M | $0.00 |
| YoY Change | ||
| Cash From Financing Activities | -2.014B | -$2.604B |
| YoY Change | -22.66% | 109.32% |
| NET CHANGE | ||
| Cash From Operating Activities | 1.693B | $1.769B |
| Cash From Investing Activities | 156.0M | -$260.0M |
| Cash From Financing Activities | -2.014B | -$2.604B |
| Net Change In Cash | -165.0M | -$1.105B |
| YoY Change | -85.07% | 7.28% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.693B | $1.769B |
| Capital Expenditures | $101.0M | $100.0M |
| Free Cash Flow | $1.592B | $1.669B |
| YoY Change | -4.61% | -8.85% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2023Q1 | adbe |
Operating Expenses Amortization Of Purchased Intangibles
OperatingExpensesAmortizationOfPurchasedIntangibles
|
42000000 | usd |
| CY2022Q1 | adbe |
Operating Expenses Amortization Of Purchased Intangibles
OperatingExpensesAmortizationOfPurchasedIntangibles
|
42000000 | usd |
| CY2023Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
2501000000 | usd |
| CY2022Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
2170000000 | usd |
| CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1586000000 | usd |
| CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1580000000 | usd |
| CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
32000000 | usd |
| CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
28000000 | usd |
| CY2023Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
1000000 | usd |
| CY2022Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-9000000 | usd |
| CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
43000000 | usd |
| CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
0 | usd |
| CY2023Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
12000000 | usd |
| CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-37000000 | usd |
| CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1598000000 | usd |
| CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1543000000 | usd |
| CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
351000000 | usd |
| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
277000000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1247000000 | usd |
| CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1266000000 | usd |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.72 | |
| CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.68 | |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
459000000 | shares |
| CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
473000000 | shares |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.71 | |
| CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.66 | |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
460000000 | shares |
| CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
475000000 | shares |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1247000000 | usd |
| CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1266000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
7000000 | usd |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-14000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
-9000000 | usd |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
23000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
16000000 | usd |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
15000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-25000000 | usd |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
8000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
4000000 | usd |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-34000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-14000000 | usd |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-40000000 | usd |
| CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1233000000 | usd |
| CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1226000000 | usd |
| CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14051000000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1247000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-14000000 | usd |
| CY2023Q1 | us-gaap |
Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
|
-95000000 | usd |
| CY2023Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1400000000 | usd |
| CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
416000000 | usd |
| CY2023Q1 | adbe |
Changeintreasurystockvalueduetodeferredcompensationplan
Changeintreasurystockvalueduetodeferredcompensationplan
|
1000000 | usd |
| CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14206000000 | usd |
| CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14797000000 | usd |
| CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-40000000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
0 | usd |
| CY2022Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
288000000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
254000000 | usd |
| CY2022Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
208000000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
33000000 | usd |
| CY2022Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
54000000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd |
| CY2022Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
106000000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
101000000 | usd |
| CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
100000000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
30000000 | usd |
| CY2022Q1 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
28000000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
156000000 | usd |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-260000000 | usd |
| CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1400000000 | usd |
| CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2400000000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
|
69000000 | usd |
| CY2022Q1 | us-gaap |
Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
|
91000000 | usd |
| CY2023Q1 | adbe |
Cost Of Issuance Of Treasury Stock
CostOfIssuanceOfTreasuryStock
|
164000000 | usd |
| CY2022Q1 | adbe |
Cost Of Issuance Of Treasury Stock
CostOfIssuanceOfTreasuryStock
|
266000000 | usd |
| CY2023Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
500000000 | usd |
| CY2022Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-19000000 | usd |
| CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-29000000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2014000000 | usd |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2604000000 | usd |
| CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1000000 | usd |
| CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-10000000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-164000000 | usd |
| CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1105000000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4072000000 | usd |
| CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2739000000 | usd |
| CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
214000000 | usd |
| CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
59000000 | usd |
| CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
55000000 | usd |
| CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
50000000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
82000000 | usd |
| CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
97000000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
5480000000 | usd |
| CY2023Q1 | adbe |
Non Cancellable Committed Funds Deferred Revenue Percentage
NonCancellableCommittedFundsDeferredRevenuePercentage
|
0.05 | |
| CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
5410000000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
2310000000 | usd |
| CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
15210000000 | usd |
| CY2023Q1 | adbe |
Non Cancellable Committed Funds Remaining Performance Obligation Percentage
NonCancellableCommittedFundsRemainingPerformanceObligationPercentage
|
0.05 | |
| CY2023Q1 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.73 | |
| CY2023Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing the condensed consolidated financial statements and related disclosures in conformity with GAAP and pursuant to the rules and regulations of the SEC, we must make estimates and judgments that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results may differ materially from these estimates.</span></div> | |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
4655000000 | usd |
| CY2023Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
568000000 | usd |
| CY2023Q1 | us-gaap |
Gross Profit
GrossProfit
|
4087000000 | usd |
| CY2023Q1 | adbe |
Gross Profit As Percentage Of Revenue
GrossProfitAsPercentageOfRevenue
|
0.88 | |
| CY2022Q1 | us-gaap |
Revenues
Revenues
|
4262000000 | usd |
| CY2022Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
512000000 | usd |
| CY2022Q1 | us-gaap |
Gross Profit
GrossProfit
|
3750000000 | usd |
| CY2022Q1 | adbe |
Gross Profit As Percentage Of Revenue
GrossProfitAsPercentageOfRevenue
|
0.88 | |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
4655000000 | usd |
| CY2022Q1 | us-gaap |
Revenues
Revenues
|
4262000000 | usd |
| CY2023Q1 | adbe |
Subscription Revenue
SubscriptionRevenue
|
4373000000 | usd |
| CY2022Q1 | adbe |
Subscription Revenue
SubscriptionRevenue
|
3958000000 | usd |
| CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2070000000.00 | usd |
| CY2022Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
93000000 | usd |
| CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
17000000 | usd |
| CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
23000000 | usd |
| CY2023Q1 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
656000000 | usd |
| CY2022Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
629000000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
|
103000000 | usd |
| CY2022Q4 | us-gaap |
Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
|
106000000 | usd |
| CY2023Q1 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
5687000000 | usd |
| CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
| CY2023Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
34000000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
5653000000 | usd |
| CY2022Q4 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
6137000000 | usd |
| CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
| CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
41000000 | usd |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
6096000000 | usd |
| CY2023Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
906000000 | usd |
| CY2023Q1 | adbe |
Availableforsale Securities Debt Maturities Next Oneto Two Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesNextOnetoTwoYearsFairValue
|
528000000 | usd |
| CY2023Q1 | adbe |
Availableforsale Securities Debt Maturities Next Twoto Three Years Fair Value
AvailableforsaleSecuritiesDebtMaturitiesNextTwotoThreeYearsFairValue
|
145000000 | usd |
| CY2023Q1 | adbe |
Available For Sale Securities Debt Maturities After Three Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterThreeYearsFairValue
|
2000000 | usd |
| CY2023Q1 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
|
1581000000 | usd |
| CY2023Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
46000000 | usd |
| CY2023Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
7000000 | usd |
| CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
51000000 | usd |
| CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
15000000 | usd |
| CY2023Q1 | us-gaap |
Goodwill
Goodwill
|
12790000000 | usd |
| CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
12790000000 | usd |
| CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2659000000 | usd |
| CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1305000000 | usd |
| CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1354000000 | usd |
| CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2700000000 | usd |
| CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1251000000 | usd |
| CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1449000000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
96000000 | usd |
| CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
101000000 | usd |
| CY2023Q1 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
54000000 | usd |
| CY2022Q1 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
59000000 | usd |
| CY2023Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
525000000 | usd |
| CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
485000000 | usd |
| CY2023Q1 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
158000000 | usd |
| CY2022Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
489000000 | usd |
| CY2023Q1 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
134000000 | usd |
| CY2022Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
154000000 | usd |
| CY2023Q1 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
111000000 | usd |
| CY2022Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
117000000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
|
103000000 | usd |
| CY2022Q4 | us-gaap |
Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
|
106000000 | usd |
| CY2023Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
438000000 | usd |
| CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
439000000 | usd |
| CY2023Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1469000000 | usd |
| CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1790000000 | usd |
| CY2023Q1 | us-gaap |
Share Price
SharePrice
|
344.04 | |
| CY2023Q1 | us-gaap |
Share Price
SharePrice
|
344.04 | |
| CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
3850000000 | usd |
| CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y8M4D | |
| CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
416000000 | usd |
| CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
322000000 | usd |
| CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-41000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
7000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
0 | usd |
| CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-34000000 | usd |
| CY2022Q4 | us-gaap |
Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
|
17000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
-9000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
16000000 | usd |
| CY2023Q1 | us-gaap |
Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
|
-8000000 | usd |
| CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-269000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
4000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
0 | usd |
| CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-265000000 | usd |
| CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-293000000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
2000000 | usd |
| CY2023Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
16000000 | usd |
| CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-307000000 | usd |
| CY2020Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
15000000000 | usd |
| CY2023Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
5000000 | shares |
| CY2022Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
3800000 | shares |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1247000000 | usd |
| CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1266000000 | usd |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
459000000.0 | shares |
| CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
472600000 | shares |
| CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
500000 | shares |
| CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2800000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
459500000 | shares |
| CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
475400000 | shares |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.72 | |
| CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.68 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.71 | |
| CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.66 | |
| CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6200000 | shares |
| CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
900000 | shares |
| CY2023Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3650000000 | usd |
| CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4150000000 | usd |
| CY2023Q1 | adbe |
Longtermdebtgrosscurrent
Longtermdebtgrosscurrent
|
0 | usd |
| CY2022Q4 | adbe |
Longtermdebtgrosscurrent
Longtermdebtgrosscurrent
|
500000000 | usd |
| CY2023Q1 | adbe |
Debtinstrumentunamortizeddiscountandissuancecostsnoncurrent
Debtinstrumentunamortizeddiscountandissuancecostsnoncurrent
|
20000000 | usd |
| CY2022Q4 | adbe |
Debtinstrumentunamortizeddiscountandissuancecostsnoncurrent
Debtinstrumentunamortizeddiscountandissuancecostsnoncurrent
|
21000000 | usd |
| CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
3630000000 | usd |
| CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
3629000000 | usd |
| CY2023Q1 | adbe |
Longtermdebtgrosscurrent
Longtermdebtgrosscurrent
|
0 | usd |
| CY2022Q4 | adbe |
Longtermdebtgrosscurrent
Longtermdebtgrosscurrent
|
500000000 | usd |
