Financial Statements

Adobe Inc. (ADBE)

$ 495.655
-5.15 (-1.03%)
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Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 19,61114,82911,8169,574-
Net Income 4,8225,2602,9512,5911,694
Stock Dividends -528-47862-3497,880
Dividend Paid -----
Retained Earnings 23,90519,61114,82911,8169,574

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,0041,2931,075937-
Annual Depreciation 4421,1306124051,115
Capital Expenditure -330-419-394-267-178
Net PPE 2,1162,0041,2931,075937

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -5,82210,58110,69110,742
New Purchases -1,961-585-749-1,086-1,575
Intangible and Goodwill 5,82210,58110,69110,74212,721

Adobe Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Adobe Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.