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Income Statement

Difficulty: Beginner

The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Adobe Systems Inc., Consolidated Income Statement

USD $ in thousands

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12 months ended Dec 1, 2017 Dec 2, 2016 Nov 27, 2015 Nov 28, 2014 Nov 29, 2013 Nov 30, 2012
Subscription hidden hidden hidden hidden hidden hidden
Product hidden hidden hidden hidden hidden hidden
Services and support hidden hidden hidden hidden hidden hidden
Revenue hidden hidden hidden hidden hidden hidden
Subscription hidden hidden hidden hidden hidden hidden
Product hidden hidden hidden hidden hidden hidden
Services and support hidden hidden hidden hidden hidden hidden
Cost of revenue hidden hidden hidden hidden hidden hidden
Gross profit hidden hidden hidden hidden hidden hidden
Research and development hidden hidden hidden hidden hidden hidden
Sales and marketing hidden hidden hidden hidden hidden hidden
General and administrative hidden hidden hidden hidden hidden hidden
Amortization of purchased intangibles hidden hidden hidden hidden hidden hidden
Operating expenses hidden hidden hidden hidden hidden hidden
Operating income hidden hidden hidden hidden hidden hidden
Interest income hidden hidden hidden hidden hidden hidden
Foreign exchange gains (losses) hidden hidden hidden hidden hidden hidden
Realized gains on fixed income investment hidden hidden hidden hidden hidden hidden
Realized losses on fixed income investment hidden hidden hidden hidden hidden hidden
Other hidden hidden hidden hidden hidden hidden
Interest and other income (expense), net hidden hidden hidden hidden hidden hidden
Interest expense hidden hidden hidden hidden hidden hidden
Realized investment gains hidden hidden hidden hidden hidden hidden
Unrealized investment gains hidden hidden hidden hidden hidden hidden
Realized investment losses hidden hidden hidden hidden hidden hidden
Unrealized investment losses hidden hidden hidden hidden hidden hidden
Investment gains (losses), net hidden hidden hidden hidden hidden hidden
Non-operating income (expense), net hidden hidden hidden hidden hidden hidden
Income before income taxes hidden hidden hidden hidden hidden hidden
Provision for income taxes hidden hidden hidden hidden hidden hidden
Net income hidden hidden hidden hidden hidden hidden
Source: Adobe Systems Inc., Annual Reports
Item Description The company
Revenue Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Adobe Systems Inc.'s revenue increased from 2015 to 2016 and from 2016 to 2017.
Operating income The net result for the period of deducting operating expenses from operating revenues. Adobe Systems Inc.'s operating income increased from 2015 to 2016 and from 2016 to 2017.
Income before income taxes Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Adobe Systems Inc.'s income before income taxes increased from 2015 to 2016 and from 2016 to 2017.
Net income The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Adobe Systems Inc.'s net income increased from 2015 to 2016 and from 2016 to 2017.