Adobe Inc. Files 10-Q for Q2 2024

Ticker: ADBE · Form: 10-Q · Filed: 2024-06-26T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, quarterly-report

TL;DR

Adobe's Q2 2024 10-Q is in, check the numbers for subscription and product revenue.

AI Summary

Adobe Inc. filed its 10-Q for the period ending May 31, 2024. The filing covers the second quarter of fiscal year 2024. Key financial data points and revenue breakdowns are included, with specific dates for reporting periods such as March 2, 2024, to May 31, 2024, and comparative periods in 2023.

Why It Matters

This filing provides investors with the latest financial performance details for Adobe Inc., crucial for understanding the company's revenue streams and operational health.

Risk Assessment

Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.

Key Numbers

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is May 31, 2024.

What is the company's primary business address?

The company's business address is 345 PARK AVE, SAN JOSE, CA 95110-2704.

What is the accession number for this filing?

The accession number for this filing is 0000796343-24-000150.

When was Adobe Inc. formerly known as?

Adobe Inc. was formerly known as ADOBE SYSTEMS INC.

What is the fiscal year end for Adobe Inc.?

The fiscal year end for Adobe Inc. is November 29 (1129).

From the Filing

0000796343-24-000150.txt : 20240626 0000796343-24-000150.hdr.sgml : 20240626 20240626160314 ACCESSION NUMBER: 0000796343-24-000150 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 83 CONFORMED PERIOD OF REPORT: 20240531 FILED AS OF DATE: 20240626 DATE AS OF CHANGE: 20240626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADOBE INC. CENTRAL INDEX KEY: 0000796343 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770019522 STATE OF INCORPORATION: DE FISCAL YEAR END: 1129 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 241073401 BUSINESS ADDRESS: STREET 1: 345 PARK AVE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 BUSINESS PHONE: 4085366000 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 FORMER COMPANY: FORMER CONFORMED NAME: ADOBE SYSTEMS INC DATE OF NAME CHANGE: 19940208 10-Q 1 adbe-20240531.htm 10-Q adbe-20240531 0000796343 false 2024 Q2 11/29 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure 0000796343 2023-12-02 2024-05-31 0000796343 2024-06-21 0000796343 2024-05-31 0000796343 2023-12-01 0000796343 adbe:SubscriptionRevenueMember 2024-03-02 2024-05-31 0000796343 adbe:SubscriptionRevenueMember 2023-03-04 2023-06-02 0000796343 adbe:SubscriptionRevenueMember 2023-12-02 2024-05-31 0000796343 adbe:SubscriptionRevenueMember 2022-12-03 2023-06-02 0000796343 us-gaap:ProductMember 2024-03-02 2024-05-31 0000796343 us-gaap:ProductMember 2023-03-04 2023-06-02 0000796343 us-gaap:ProductMember 2023-12-02 2024-05-31 0000796343 us-gaap:ProductMember 2022-12-03 2023-06-02 0000796343 us-gaap:ServiceOtherMember 2024-03-02 2024-05-31 0000796343 us-gaap:ServiceOtherMember 2023-03-04 2023-06-02 0000796343 us-gaap:ServiceOtherMember 2023-12-02 2024-05-31 0000796343 us-gaap:ServiceOtherMember 2022-12-03 2023-06-02 0000796343 2024-03-02 2024-05-31 0000796343 2023-03-04 2023-06-02 0000796343 2022-12-03 2023-06-02 0000796343 us-gaap:CommonStockMember 2024-03-01 0000796343 us-gaap:AdditionalPaidInCapitalMember 2024-03-01 0000796343 us-gaap:RetainedEarningsMember 2024-03-01 0000796343 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-01 0000796343 us-gaap:TreasuryStockCommonMember 2024-03-01 0000796343 2024-03-01 0000796343 us-gaap:RetainedEarningsMember 2024-03-02 2024-05-31 0000796343 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-02 2024-05-31 0000796343 us-gaap:TreasuryStockCommonMember 2024-03-02 2024-05-31 0000796343 us-gaap:AdditionalPaidInCapitalMember 2024-03-02 2024-05-31 0000796343 us-gaap:CommonStockMember 2024-05-31 0000796343 us-gaap:AdditionalPaidInCapitalMember 2024-05-31 0000796343 us-gaap:RetainedEarningsMember 2024-05-31 0000796343 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-05-31 0000796343 us-gaap:TreasuryStockCommonMember 2024-05-31 0000796343 us-gaap:CommonStockMember 2023-03-03 0000796343 us-gaap:AdditionalPaidInCapitalMember 2023-03-03 0000796343 us-gaap:RetainedEarningsMember 2023-03-03 0000796343 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-03 0000796343 us-gaap:TreasuryStockCommonMember 2023-03-03 0000796343 2023-03-03 0000796343 us-gaap:RetainedEarningsMember 2023-03-04 2023-06-02 0000796343 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-04 2023-06-02 0000796343 us-gaap:TreasuryStockCommonMember 2023-03-04 2023-06-02 0000796343 us-gaap:AdditionalPaidInCapitalMember 2023-03-04 2023-06-02 0000796343 us-gaap:CommonStockMember 2023-06-02 0000796343 us-gaap:AdditionalPaidInCapitalMember 2023-06-02 0000796343 us-gaap:RetainedEarningsMember 2023-06-02 0000796343 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-02 0000796343 us-gaap:TreasuryStockCommonMember 2023-06-02 0000796343 2023-06-02 0000796343 us-gaap:CommonStockMember 2023-12-01 0000796343 us-gaap:AdditionalPaidInCapitalMember 2023-12-01 0000796343 us-gaap:RetainedEarningsMember 2023-12-01 0000796343 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-01 00007

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