Key Insights on Adobe’s Financial Performance

⚡Total revenues and other income increased by 119.82% from 2016 to 2020 with a YoY increase of 15.19% in 2020.

⚡ Total cost of revenue increased by 110.00% from 2016 to 2020 with a YoY increase of 2.93% in 2020.

⚡Avg of 53.79%, 31.16% and 33.57% of total operating expenses was spent on sales and marketing, research & development and

general & admin expense respectively from 2016 to 2020.

⚡Net Income increased by 349.96% from 2016 to 2020, with a YoY increase of 78.24% in 2020.

⚡ Liquidity: Adobe has maintained an avg of 27.90% of total Assets in highly Liquid Assets for the 5 years period.

⚡ Return on Equity: Adobe returns to stockholders was 39.70% in 2020.

⚡Leverage: Adobe is lowly geared with a gearing ratio of 31.00% in 2020.

Source : Adobe Annual Report