Adobe (ADBE) Net Income: $7,229 Mil (TTM As of May. 2026)

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ADBE Adobe Inc ADBE
86 GF Score
Price $250.41
GF Value $585.12
Valuation Significantly Undervalued
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What is Adobe Net Income?

Adobe ADBE +1.01% 86 Net Income is $7,229 Mil as of May. 2026. GuruFocus rates ADBE with a GF Score™ of 86/100 and a GF Value™ of $585.12 (Significantly Undervalued).

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Adobe's Net Income for the three months ended in May. 2026 was $1,712 Mil. Its Net Income for the trailing twelve months (TTM) ended in May. 2026 was $7,229 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Adobe's Earnings per Share (Diluted) for the three months ended in May. 2026 was $4.26.


Adobe  (NAS:ADBE) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Adobe's Earnings per Share (Diluted) (EPS) for the quarter that ended in May. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Adobe Net Income Related Terms


Adobe Net Income Historical Data

* Premium members only.

The historical data trend for Adobe's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adobe Net Income Chart

Adobe Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,822.00 4,756.00 5,428.00 5,560.00 7,130.00

Adobe Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,691.00 1,772.00 1,856.00 1,889.00 1,712.00
ADBE
86GF Score
Adobe Inc ADBE
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Adobe Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Adobe's Net Income for the fiscal year that ended in Nov. 2025 is calculated as

Net Income(A: Nov. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8734+-1604+0+0
=7,130

Adobe's Net Income for the quarter that ended in May. 2026 is calculated as

Net Income(Q: May. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2238+-526+0+0
=1,712

Net Income for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,229 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $7,229 Mil mean?
Adobe (ADBE) has a Net Income of $7,229 Mil as of May. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Adobe and its competitors.
Is Adobe's Net Income too high?
Adobe's current Net Income is $7,229 Mil. Overall, Adobe has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adobe's Net Income compare to CDNS and DDOG?
Adobe's Net Income of $7,229 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Software company?
A good Net Income depends on the Software industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Adobe and its competitors. Adobe's current Net Income is $7,229 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adobe stock overvalued right now?
Based on GuruFocus' analysis, Adobe (ADBE) is currently considered Significantly Undervalued. The stock's GF Value™ is $585.12, compared to a current price of $250.41 — trading 57.2% below its estimated fair value. The current Net Income is $7,229 Mil. Adobe's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Adobe (ADBE), the current Net Income is $7,229 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Adobe (ADBE) Overvalued in 2026?

Based on GuruFocus' analysis, Adobe stock appears to be undervalued. The current stock price of $250.41 is trading 57.2% below its estimated GF Value™ of $585.12. GuruFocus considers Adobe to be Significantly Undervalued.

Key valuation signals for ADBE:

  • Net Income: $7,229 Mil
  • GF Value™: $585.12 vs. price of $250.41 (57.2% below fair value)
  • GF Score™: 86/100

No single metric tells the full story. See the ADBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adobe Business Description

Address 345 Park Avenue, San Jose, CA, USA, 95110-2704
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
86GF Score

Get the complete analysis for ADBE

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$250.41
Price
$585.12
GF Value