Pay vs Performance Disclosure - USD ($)

12 Months Ended

Nov. 29, 2024

Dec. 01, 2023

Dec. 02, 2022

Dec. 03, 2021

Pay Versus Performance

This section provides disclosure about the relationship between (i) the “compensation actually paid” to our principal executive officer (“PEO”) and the average “compensation actually paid” to our non-PEO NEOs, as defined under SEC disclosure rules, and (ii) certain financial performance measures of the Company for the fiscal years listed below. This disclosure has been prepared in accordance with Item 402(v) of Regulation S-K under the Exchange Act (the “Pay Versus Performance Rules”) and does not necessarily reflect how the Committee evaluates compensation decisions.


	Summary Compensation Table Total for PEO (2) ($)	Compensation Actually Paid to PEO (3) ($)	Average Summary Compensation Table Total for Non-PEO NEOs (2) ($)	Average Compensation Actually Paid to Non-PEO NEOs (3) ($)	Value of Initial Fixed $100 Investment Based On: (4)		Net Income (6) ($ millions)		Revenue (7) ($ millions)
Fiscal Year (1)					Total Stockholder Return ($)	Peer Group Total Stockholder Return (5) ($)

2024	52,390,182	10,104,834	15,803,312	3,618,831	108.15	173.44		5,560		21,505
2023	44,932,578	127,736,069	14,676,314	36,600,586	128.39	145.87		5,428		19,409
2022	31,600,311	(95,281,472)	11,195,805	(8,498,241)	71.60	103.55		4,756		17,606
2021	36,128,725	104,746,141	15,706,649	14,597,781	129.24	126.30		4,822		15,785

_________________________

(1)Mr. Narayen served as PEO for fiscal years 2024, 2023, 2022 and 2021. The Non-PEO NEOs for the applicable fiscal years were:

•2024, 2023 and 2022: Messrs. Durn, Chakravarthy, Wadhwani and Belsky.

•2021: Messrs. Durn, Chakravarthy, Wadhwani, Murphy and Parasnis.

(2)The amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table for the applicable fiscal year for Mr. Narayen and (ii) the average of the total compensation reported in the Summary Compensation Table for the applicable fiscal year for the non-PEO NEOs reported for that applicable fiscal year.

(3)“Compensation actually paid” amounts do not reflect the actual amounts of compensation earned by or paid to our PEO and non-PEO NEOs. To calculate “compensation actually paid,” valuation adjustments were made to the amounts reported in the Summary Compensation Table for the applicable fiscal year in accordance with SEC disclosure rules. The fair value of equity awards is calculated using the same valuation methodologies used to calculate the grant date fair value of awards in accordance with FASB ASC Topic 718 for purposes of the Summary Compensation Table. See the section titled “Summary Compensation Table for Fiscal Years 2024, 2023 and 2022” for additional information. A reconciliation of the adjustments for our PEO compensation and for the average compensation of the non-PEO NEOs for fiscal year 2024 is set forth below:



	PEO ($)	Average for Non-PEO NEOs ($)

Summary Compensation Table Total	52,390,182	15,803,312
Deduct Value of Stock Awards Granted in Fiscal Year, as Reported in Summary Compensation Table	(46,349,135)	(14,179,917)
Add Covered Fiscal Year-End Fair Value of Outstanding and Unvested Stock Awards Granted in Covered Fiscal Year	37,221,595	11,092,629
Add Change in Fair Value as of End of Covered Fiscal Year of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	(33,272,912)	(8,877,792)
Add Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Fiscal Year	1,951,979	809,241
Add Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years which Vested In Covered Fiscal Year	(1,836,875)	(1,028,642)

Compensation Actually Paid	10,104,834	3,618,831

(4)Pursuant to SEC disclosure rules, the TSR comparison assumes $100 was invested on November 27, 2020, valued again on each fiscal year ended 2021, 2022, 2023 and 2024.

(5)The Peer Group TSR consists of the companies included in the S&P 500 Software & Services Index.

(6)Represents net income as reported in our audited consolidated financial statements.

(7)We have identified revenue as the most important financial performance measure used by us to link compensation actually paid to our PEO and Non-PEO NEOs for the most recently completed fiscal year, to our performance, as this measure is used to determine executive compensation, including as a key metric that determined funding under our 2024 Cash Incentive Plan.

Company Selected Measure Name

Revenue

Named Executive Officers, Footnote

Mr. Narayen served as PEO for fiscal years 2024, 2023, 2022 and 2021. The Non-PEO NEOs for the applicable fiscal years were:

•2024, 2023 and 2022: Messrs. Durn, Chakravarthy, Wadhwani and Belsky.

•2021: Messrs. Durn, Chakravarthy, Wadhwani, Murphy and Parasnis.

Peer Group Issuers, Footnote

The Peer Group TSR consists of the companies included in the S&P 500 Software & Services Index.

PEO Total Compensation Amount

$ 52,390,182

$ 44,932,578

$ 31,600,311

$ 36,128,725

PEO Actually Paid Compensation Amount

$ 10,104,834

127,736,069

(95,281,472)

104,746,141

Adjustment To PEO Compensation, Footnote

Compensation actually paid” amounts do not reflect the actual amounts of compensation earned by or paid to our PEO and non-PEO NEOs. To calculate “compensation actually paid,” valuation adjustments were made to the amounts reported in the Summary Compensation Table for the applicable fiscal year in accordance with SEC disclosure rules. The fair value of equity awards is calculated using the same valuation methodologies used to calculate the grant date fair value of awards in accordance with FASB ASC Topic 718 for purposes of the Summary Compensation Table. See the section titled “Summary Compensation Table for Fiscal Years 2024, 2023 and 2022” for additional information. A reconciliation of the adjustments for our PEO compensation and for the average compensation of the non-PEO NEOs for fiscal year 2024 is set forth below:



	PEO ($)	Average for Non-PEO NEOs ($)

Summary Compensation Table Total	52,390,182	15,803,312
Deduct Value of Stock Awards Granted in Fiscal Year, as Reported in Summary Compensation Table	(46,349,135)	(14,179,917)
Add Covered Fiscal Year-End Fair Value of Outstanding and Unvested Stock Awards Granted in Covered Fiscal Year	37,221,595	11,092,629
Add Change in Fair Value as of End of Covered Fiscal Year of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	(33,272,912)	(8,877,792)
Add Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Fiscal Year	1,951,979	809,241
Add Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years which Vested In Covered Fiscal Year	(1,836,875)	(1,028,642)

Compensation Actually Paid	10,104,834	3,618,831

Non-PEO NEO Average Total Compensation Amount

$ 15,803,312

14,676,314

11,195,805

15,706,649

Non-PEO NEO Average Compensation Actually Paid Amount

$ 3,618,831

36,600,586

(8,498,241)

14,597,781

Adjustment to Non-PEO NEO Compensation Footnote



	PEO ($)	Average for Non-PEO NEOs ($)

Summary Compensation Table Total	52,390,182	15,803,312
Deduct Value of Stock Awards Granted in Fiscal Year, as Reported in Summary Compensation Table	(46,349,135)	(14,179,917)
Add Covered Fiscal Year-End Fair Value of Outstanding and Unvested Stock Awards Granted in Covered Fiscal Year	37,221,595	11,092,629
Add Change in Fair Value as of End of Covered Fiscal Year of Outstanding and Unvested Stock Awards Granted in Prior Fiscal Years	(33,272,912)	(8,877,792)
Add Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Fiscal Year	1,951,979	809,241
Add Change in Fair Value as of Vesting Date of Stock Awards Granted in Prior Fiscal Years which Vested In Covered Fiscal Year	(1,836,875)	(1,028,642)

Compensation Actually Paid	10,104,834	3,618,831

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Adobe TSR

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid vs. Revenue

Total Shareholder Return Vs Peer Group

Adobe TSR vs. Peer Group TSR

Tabular List, Table

Financial Performance Measures

The following table is an unranked list of the most important financial performance measures used by us to link fiscal year 2024 compensation actually paid to our PEO and Non-PEO NEOs to the Company’s performance: