8-K Announcements
6Material company update
Mar 12, 2026·SEC
Material company update
Jan 27, 2026·SEC
Material company update
Dec 10, 2025·SEC
Adobe Inc.(ADBE)Earnings, Financials & Key Ratios
ADBE•NASDAQ
15.1× P/E·Price updated Jun 6, 2026
AboutAdobe Inc. operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.Show more
- Revenue$23.77B+10.5%
- EBITDA$9.52B+25.3%
- Net Income$7.13B+28.2%
- EPS (Diluted)16.70+35.1%
- Gross Margin88.61%-0.5%
- EBITDA Margin40.07%+13.4%
- Operating Margin36.63%+16.8%
- Net Margin30%+16.0%
- ROE55.43%+52.6%
- ROIC51.44%+32.3%
- Debt/Equity0.57+33.2%
- Interest Coverage33.10-19.5%
ADBE Key Insights
Adobe Inc. (ADBE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 42.4%
- ✓FCF machine: 41.4% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 13.1%
- ✓Share count reduced 5.1% through buybacks
- ✓Healthy 5Y average net margin of 28.3%
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when ADBE posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
ADBE Price & Volume
Adobe Inc. (ADBE) stock price & volume — 10-year historical chart
Loading chart...
ADBE Growth Metrics
Adobe Inc. (ADBE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years17.36%
5 Years13.06%
3 Years10.52%
TTM10.96%
Profit CAGR
10 Years27.47%
5 Years6.27%
3 Years14.45%
TTM6.77%
EPS CAGR
10 Years29.7%
5 Years9.05%
3 Years18.25%
TTM13.18%
Return on Capital
10 Years28.05%
5 Years34.16%
3 Years36.71%
Last Year44.64%
ADBE Recent Earnings
Adobe Inc. (ADBE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
Mar 12, 2026EPS
$6.06
Est $5.87
+3.2%
Revenue
$6.4B
Est $6.3B
+1.9%
Q1 2026
Jan 15, 2026EPS
$4.45
Est $5.40
-17.6%
Revenue
$6.2B
Est $6.1B
+1.4%
Q4 2025
Dec 10, 2025EPS
$5.50
Est $5.40
+1.9%
Revenue
$6.2B
Est $6.1B
+1.4%
Q4 2025
Sep 11, 2025EPS
$5.31
Est $5.18
+2.5%
Revenue
$6.0B
Est $5.9B
+1.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 12, 2026 | $6.06vs $5.87+3.2% | $6.4Bvs $6.3B+1.9% |
| Q1 2026 | Jan 15, 2026 | $4.45vs $5.40-17.6% | $6.2Bvs $6.1B+1.4% |
| Q4 2025 | Dec 10, 2025 | $5.50vs $5.40+1.9% | $6.2Bvs $6.1B+1.4% |
| Q4 2025 | Sep 11, 2025 | $5.31vs $5.18+2.5% | $6.0Bvs $5.9B+1.2% |
Based on last 12 quarters of dataView full earnings history →
ADBE Peer Comparison
Adobe Inc. (ADBE) competitors in Content collaboration and file sharing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CRM | 152.06B | 185.66 | 23.80 | 9.58% | 18.73% | 14.95% | 0.29 | |
 MSFT | 3.1T | 416.67 | 30.55 | 14.93% | 39.34% | 33.13% | 0.33 | |
 ORCL | 613.55B | 213.41 | 49.17 | 8.38% | 25.3% | 56.31% | 4.96 | |
 NOW | 116.52B | 112.45 | 67.34 | 20.88% | 12.59% | 14.98% | 0.25 | |
 INTU | 81.17B | 296.76 | 21.71 | 15.63% | 21.91% | 23.29% | 0.34 | |
 CNVS | 50.1M | 2.56 | 16 | 59.13% | -16.67% | -24.43% | 0.01 | |
 WIX | 2.88B | 52.39 | 59.53 | 13.2% | -1.97% | |||
 TTWO | 39.81B | 214.39 | -132.34 | 18.16% | -4.48% | -8.57% | 0.84 |
Compare ADBE vs Peers
Adobe Inc. (ADBE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ADBE Income Statement
Adobe Inc. (ADBE) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Nov'18 | Nov'19 | Nov'20 | Dec'21 | Dec'22 | Dec'23 | Nov'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 7.3B | 9.03B | 11.17B | 12.87B | 15.79B | 17.61B | 19.41B | 21.5B | 23.77B | 24.45B |
Revenue Growth % | 24.72% | 23.67% | 23.71% | 15.19% | 22.67% | 11.54% | 10.24% | 10.8% | 10.53% | 10.96% |
Cost of Goods Sold | 1.01B | 1.19B | 1.67B | 1.72B | 1.86B | 2.17B | 2.35B | 2.36B | 2.71B | 2.63B |
COGS % of Revenue | 13.84% | 13.23% | 14.97% | 13.38% | 11.82% | 12.3% | 12.13% | 10.96% | 11.39% | - |
Gross Profit | 6.29B▲ 0% | 7.84B▲ 24.5% | 9.5B▲ 21.2% | 11.15B▲ 17.3% | 13.92B▲ 24.9% | 15.44B▲ 10.9% | 17.05B▲ 10.5% | 19.15B▲ 12.3% | 21.06B▲ 10.0% | 21.82B▲ 0% |
Gross Margin % | 86.16% | 86.77% | 85.03% | 86.62% | 88.19% | 87.7% | 87.87% | 89.04% | 88.61% | 89.24% |
Gross Profit Growth % | 24.96% | 24.54% | 21.23% | 17.34% | 24.89% | 10.93% | 10.45% | 12.27% | 10% | - |
Operating Expenses | 4.12B | 4.99B | 6.23B | 6.91B | 8.12B | 9.34B | 10.4B | 12.41B | 12.36B | 12.83B |
OpEx % of Revenue | 56.47% | 55.31% | 55.77% | 53.69% | 51.43% | 53.07% | 53.61% | 57.69% | 51.98% | - |
Selling, General & Admin | 2.82B | 3.37B | 4.12B | 4.56B | 5.41B | 6.19B | 6.76B | 7.29B | 8.06B | 8.37B |
SG&A % of Revenue | 38.65% | 37.27% | 36.92% | 35.43% | 34.25% | 35.14% | 34.85% | 33.91% | 33.91% | - |
Research & Development | 1.22B | 1.54B | 1.93B | 2.19B | 2.54B | 2.99B | 3.47B | 3.94B | 4.29B | 4.38B |
R&D % of Revenue | 16.76% | 17.03% | 17.28% | 17% | 16.09% | 16.97% | 17.89% | 18.34% | 18.07% | - |
Other Operating Expenses | 76.56M | 91.1M | 175.24M | 162M | 172M | 169M | 168M | 1.17B | 0 | 2M |
Operating Income | 2.17B▲ 0% | 2.84B▲ 31.0% | 3.27B▲ 15.1% | 4.24B▲ 29.6% | 5.8B▲ 36.9% | 6.1B▲ 5.1% | 6.65B▲ 9.1% | 6.74B▲ 1.4% | 8.71B▲ 29.1% | 9B▲ 0% |
Operating Margin % | 29.69% | 31.45% | 29.25% | 32.93% | 36.76% | 34.64% | 34.26% | 31.35% | 36.63% | 36.79% |
Operating Income Growth % | 45.16% | 31.01% | 15.06% | 29.65% | 36.94% | 5.1% | 9.05% | 1.37% | 29.15% | - |
EBITDA | 2.49B | 3.19B | 4B | 4.99B | 6.66B | 7.04B | 7.52B | 7.6B | 9.52B | 9.6B |
EBITDA Margin % | 34.16% | 35.29% | 35.85% | 38.81% | 42.21% | 39.97% | 38.76% | 35.33% | 40.07% | 39.25% |
EBITDA Growth % | 36.65% | 27.78% | 25.67% | 24.7% | 33.42% | 5.61% | 6.89% | 1.01% | 25.35% | 8.33% |
D&A (Non-Cash Add-back) | 326M | 346.49M | 736.67M | 757M | 861M | 939M | 872M | 857M | 818M | 601M |
EBIT | 2.17B | 2.88B | 3.36B | 4.29B | 5.81B | 6.1B | 6.91B | 7.1B | 8.93B | 9.14B |
Net Interest Income | -8.33M | 4M | -89M | -73M | -96M | -51M | 156M | 177M | -263M | -138M |
Interest Income | 66.07M | 93M | 68M | 43M | 17M | 61M | 269M | 341M | 0 | 0 |
Interest Expense | 74.4M | 89M | 157M | 116M | 113M | 112M | 113M | 164M | 263M | 138M |
Other Income/Expense | -30.45M | -46.49M | -63.38M | -61M | -97M | -90M | 149M | 190M | 28M | -22M |
Pretax Income | 2.14B▲ 0% | 2.79B▲ 30.7% | 3.2B▲ 14.7% | 4.18B▲ 30.3% | 5.71B▲ 36.6% | 6.01B▲ 5.3% | 6.8B▲ 13.2% | 6.93B▲ 1.9% | 8.73B▲ 26.0% | 8.97B▲ 0% |
Pretax Margin % | 29.28% | 30.94% | 28.69% | 32.45% | 36.14% | 34.12% | 35.03% | 32.23% | 36.75% | 36.7% |
Income Tax | 443.69M | 203.1M | 253.28M | -1.08B | 883M | 1.25B | 1.37B | 1.37B | 1.6B | 1.77B |
Effective Tax Rate % | 20.76% | 7.27% | 7.9% | -25.96% | 15.48% | 20.84% | 20.16% | 19.78% | 18.37% | 19.68% |
Net Income | 1.69B▲ 0% | 2.59B▲ 52.9% | 2.95B▲ 13.9% | 5.26B▲ 78.2% | 4.82B▼ 8.3% | 4.76B▼ 1.4% | 5.43B▲ 14.1% | 5.56B▲ 2.4% | 7.13B▲ 28.2% | 7.21B▲ 0% |
Net Margin % | 23.2% | 28.69% | 26.42% | 40.88% | 30.55% | 27.01% | 27.97% | 25.85% | 30% | 29.48% |
Net Income Growth % | 44.93% | 52.94% | 13.92% | 78.22% | -8.33% | -1.37% | 14.13% | 2.43% | 28.24% | 6.77% |
Net Income (Continuing) | 1.69B | 2.59B | 2.95B | 5.26B | 4.82B | 4.76B | 5.43B | 5.56B | 7.13B | 7.21B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 3.38▲ 0% | 5.20▲ 53.8% | 6.00▲ 15.4% | 10.83▲ 80.5% | 10.02▼ 7.5% | 10.10▲ 0.8% | 11.83▲ 17.1% | 12.36▲ 4.5% | 16.70▲ 35.1% | 17.54▲ 0% |
EPS Growth % | 45.69% | 53.85% | 15.38% | 80.5% | -7.48% | 0.8% | 17.13% | 4.48% | 35.11% | 13.18% |
EPS (Basic) | 3.43 | 5.28 | 6.07 | 10.94 | 10.10 | 10.13 | 11.88 | 12.44 | 16.73 | - |
Diluted Shares Outstanding | 501.12M | 497.84M | 491.57M | 485M | 481M | 471M | 459M | 450M | 427M | 411M |
Basic Shares Outstanding | 493.63M | 490.56M | 486.29M | 481M | 477M | 470M | 457M | 447.1M | 426M | 410M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
ADBE Balance Sheet
Adobe Inc. (ADBE) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Nov'18 | Nov'19 | Nov'20 | Dec'21 | Dec'22 | Dec'23 | Nov'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 7.25B | 4.86B | 6.5B | 8.15B | 8.67B | 9B | 11.08B | 11.23B | 10.16B | 10.39B |
Cash & Short-Term Investments | 5.82B | 3.23B | 4.18B | 5.99B | 5.8B | 6.1B | 7.84B | 7.89B | 6.59B | 6.89B |
Cash Only | 2.31B | 1.64B | 2.65B | 4.48B | 3.84B | 4.24B | 7.14B | 7.61B | 5.43B | 6.33B |
Short-Term Investments | 3.51B | 1.59B | 1.53B | 1.51B | 1.95B | 1.86B | 701M | 273M | 1.16B | 558M |
Accounts Receivable | 1.22B | 1.32B | 1.53B | 1.4B | 1.88B | 2.06B | 2.22B | 2.07B | 2.34B | 2.09B |
Days Sales Outstanding | 60.89 | 53.18 | 50.15 | 39.65 | 43.43 | 42.81 | 41.82 | 35.17 | 35.99 | 30.84 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
Other Current Assets | 0 | 0 | 0 | 0 | 0 | 835M | 1.02B | 1.27B | 1.22B | 1.4B |
Total Non-Current Assets | 7.29B | 13.91B | 14.27B | 16.14B | 18.57B | 18.17B | 18.7B | 19B | 19.33B | 19.32B |
Property, Plant & Equipment | 936.98M | 1.08B | 1.29B | 2B | 2.12B | 2.31B | 2.39B | 2.22B | 2.19B | 2.16B |
Fixed Asset Turnover | 7.79x | 8.40x | 8.64x | 6.42x | 7.46x | 7.61x | 8.13x | 9.70x | 10.88x | 11.24x |
Goodwill | 5.82B | 10.58B | 10.69B | 10.74B | 12.67B | 12.79B | 12.8B | 12.79B | 12.86B | 12.87B |
Intangible Assets | 385.66M | 2.07B | 1.72B | 1.36B | 1.82B | 1.45B | 1.09B | 782M | 495M | 454M |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66M |
Other Non-Current Assets | 143.55M | 186.52M | 562M | 663M | 883M | 841M | 1.22B | 1.55B | 1.61B | 1.7B |
Total Assets | 14.54B▲ 0% | 18.77B▲ 29.1% | 20.76B▲ 10.6% | 24.28B▲ 17.0% | 27.24B▲ 12.2% | 27.16B▼ 0.3% | 29.78B▲ 9.6% | 30.23B▲ 1.5% | 29.5B▼ 2.4% | 29.7B▲ 0% |
Asset Turnover | 0.50x | 0.48x | 0.54x | 0.53x | 0.58x | 0.65x | 0.65x | 0.71x | 0.81x | 0.84x |
Asset Growth % | 14.48% | 29.12% | 10.62% | 16.96% | 12.18% | -0.28% | 9.62% | 1.51% | -2.43% | -13.21% |
Total Current Liabilities | 3.53B | 4.3B | 8.19B | 5.51B | 6.93B | 8.13B | 8.25B | 10.52B | 10.2B | 11.39B |
Accounts Payable | 113.54M | 186.26M | 209M | 306M | 312M | 379M | 314M | 361M | 417M | 0 |
Days Payables Outstanding | 41.01 | 56.89 | 45.61 | 64.86 | 61.06 | 63.9 | 48.69 | 55.88 | 56.21 | 38.65 |
Short-Term Debt | 0 | 0 | 3.15B | 0 | 0 | 500M | 0 | 1.5B | 0 | 84M |
Deferred Revenue (Current) | 2.41B | 2.92B | 3.38B | 3.63B | 4.73B | 5.3B | 5.84B | 6.13B | 6.91B | 26.79B |
Other Current Liabilities | 256.86M | 314.69M | 477M | 502M | 1.07B | 1.03B | 1.14B | 1.46B | 2.65B | 4.03B |
Current Ratio | 2.05x | 1.13x | 0.79x | 1.48x | 1.25x | 1.11x | 1.34x | 1.07x | 1.00x | 1.00x |
Quick Ratio | 2.05x | 1.13x | 0.79x | 1.48x | 1.25x | 1.11x | 1.34x | 1.07x | 1.00x | 1.00x |
Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -7.81 |
Total Non-Current Liabilities | 2.55B | 5.11B | 2.04B | 5.51B | 5.51B | 4.99B | 5.01B | 5.6B | 7.67B | 6.88B |
Long-Term Debt | 1.88B | 4.12B | 989M | 4.12B | 4.12B | 3.63B | 3.63B | 4.13B | 6.21B | 344M |
Capital Lease Obligations | 0 | 0 | 0 | 499M | 453M | 417M | 373M | 353M | 361M | 1.05B |
Deferred Tax Liabilities | 279.94M | 46.7M | 140M | 10M | 5M | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 298.28M | 796.31M | 789M | 752M | 786M | 823M | 890M | 994M | 977M | 6.54B |
Total Liabilities | 6.08B | 9.41B | 10.23B | 11.02B | 12.44B | 13.11B | 13.26B | 16.13B | 17.87B | 18.27B |
Total Debt | 1.88B | 4.12B | 4.14B | 4.71B | 4.67B | 4.63B | 4.08B | 6.06B | 6.65B | 428M |
Net Debt | -424.65M | 2.48B | 1.49B | 230M | 829M | 397M | -3.06B | -1.56B | 1.22B | -5.9B |
Debt / Equity | 0.22x | 0.44x | 0.39x | 0.35x | 0.32x | 0.33x | 0.25x | 0.43x | 0.57x | 0.57x |
Debt / EBITDA | 0.75x | 1.29x | 1.03x | 0.94x | 0.70x | 0.66x | 0.54x | 0.80x | 0.70x | 0.04x |
Net Debt / EBITDA | -0.17x | 0.78x | 0.37x | 0.05x | 0.12x | 0.06x | -0.41x | -0.20x | 0.13x | 0.13x |
Interest Coverage | 29.14x | 31.91x | 20.82x | 36.53x | 51.35x | 54.45x | 58.85x | 41.10x | 33.10x | 66.23x |
Total Equity | 8.46B▲ 0% | 9.36B▲ 10.7% | 10.53B▲ 12.5% | 13.26B▲ 26.0% | 14.8B▲ 11.6% | 14.05B▼ 5.0% | 16.52B▲ 17.6% | 14.11B▼ 14.6% | 11.62B▼ 17.6% | 11.43B▲ 0% |
Equity Growth % | 13.94% | 10.66% | 12.47% | 25.96% | 11.56% | -5.04% | 17.56% | -14.61% | -17.6% | -72.24% |
Book Value per Share | 16.88 | 18.81 | 21.42 | 27.35 | 30.76 | 29.83 | 35.99 | 31.34 | 27.22 | 27.82 |
Total Shareholders' Equity | 8.46B | 9.36B | 10.53B | 13.26B | 14.8B | 14.05B | 16.52B | 14.11B | 11.62B | 11.43B |
Common Stock | 61K | 61K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Earnings | 9.57B | 11.82B | 14.83B | 19.61B | 23.91B | 28.32B | 33.35B | 38.47B | 45.35B | 47.17B |
Treasury Stock | -6.08B | -7.99B | -10.62B | -13.55B | -17.4B | -23.84B | -28.13B | -37.58B | -48.85B | -48.85B |
Accumulated OCI | -111.82M | -148.13M | -188M | -158M | -137M | -293M | -285M | -201M | -245M | -295M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ADBE Cash Flow Statement
Adobe Inc. (ADBE) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Nov'18 | Nov'19 | Nov'20 | Dec'21 | Dec'22 | Dec'23 | Nov'24 | Nov'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 2.91B | 4.03B | 4.42B | 5.73B | 7.23B | 7.84B | 7.3B | 8.06B | 10.03B | 10.03B |
Operating CF Margin % | 39.89% | 44.62% | 39.58% | 44.51% | 45.8% | 44.52% | 37.62% | 37.46% | 42.2% | - |
Operating CF Growth % | 32.42% | 38.33% | 9.73% | 29.53% | 26.24% | 8.41% | -6.84% | 10.33% | 24.52% | 49.06% |
Net Income | 1.69B | 2.59B | 2.95B | 5.26B | 4.82B | 4.76B | 5.43B | 5.56B | 7.13B | 7.21B |
Depreciation & Amortization | 326M | 346.49M | 624.75M | 757M | 788M | 856M | 872M | 894M | 818M | 775M |
Stock-Based Compensation | 451.45M | 603.47M | 787.71M | 909M | 1.07B | 1.44B | 1.72B | 1.88B | 1.94B | 1.98B |
Deferred Taxes | 51.6M | -468.94M | 2.71M | -1.5B | 183M | 328M | -426M | -341M | -119M | -119M |
Other Non-Cash Items | -57.1M | 469.73M | -50.33M | 116M | 76M | 122M | 65M | -82M | 152M | 690M |
Working Capital Changes | 446.94M | 487.77M | 105.03M | 186M | 292M | 336M | -355M | 144M | 108M | -23M |
Change in Receivables | -187.17M | -1.98M | -187.83M | 106M | -430M | -198M | -159M | 143M | -25M | -122M |
Change in Inventory | 232.36M | 445.8M | 164.7M | -202M | 0 | 0 | 208M | 0 | 0 | 0 |
Change in Payables | -45.19M | 54.92M | 23.13M | 96M | -20M | 66M | -49M | 44M | -23M | 5M |
Cash from Investing | -442.88M | -4.68B | -455.08M | -414M | -3.54B | -570M | 776M | 149M | -1.19B | -229M |
Capital Expenditures | -178.12M | -267M | -333.98M | -419M | -348M | -442M | -360M | -232M | -179M | -190M |
CapEx % of Revenue | 2.44% | 2.96% | 2.99% | 3.26% | 2.2% | 2.51% | 1.85% | 1.08% | 0.75% | - |
Acquisitions | -459.63M | -6.31B | -100.7M | 0 | -2.68B | -126M | 0 | 0 | -17M | -17M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -1.9B | 0 | -565.43M | -865M | 0 | 0 | 0 | 51M | -554M | -554M |
Cash from Financing | -1.18B | -5.57M | -2.95B | -3.49B | -4.3B | -6.83B | -5.18B | -7.72B | -11.06B | -10.76B |
Debt Issued (Net) | 0 | 2.25B | 0 | -6M | 0 | 0 | -500M | 2B | 497M | 0 |
Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -1.1B | -2.05B | -2.75B | -3.05B | -3.95B | -6.55B | -4.4B | -9.5B | -11.28B | -10.51B |
Other Financing | -242.09M | 189.43M | -428.98M | 249M | -642M | -553M | -596M | -430M | -420M | -263M |
Net Change in Cash | 1.29B▲ 0% | -663.3M▼ 151.2% | 1.01B▲ 251.9% | 1.83B▲ 81.4% | -634M▼ 134.7% | 392M▲ 161.8% | 2.9B▲ 641.1% | 472M▼ 83.8% | -2.18B▼ 562.3% | -426M▲ 0% |
Free Cash Flow | 2.73B▲ 0% | 3.76B▲ 37.6% | 4.09B▲ 8.6% | 5.31B▲ 29.9% | 6.89B▲ 29.9% | 7.4B▲ 7.3% | 6.94B▼ 6.1% | 7.82B▲ 12.7% | 9.85B▲ 25.9% | 10.32B▲ 0% |
FCF Margin % | 37.45% | 41.67% | 36.59% | 41.25% | 43.67% | 42.01% | 35.77% | 36.38% | 41.45% | 42.19% |
FCF Growth % | 37.02% | 37.59% | 8.63% | 29.86% | 29.86% | 7.3% | -6.14% | 12.71% | 25.92% | 12.37% |
FCF per Share | 5.46 | 7.56 | 8.31 | 10.94 | 14.33 | 15.70 | 15.12 | 17.39 | 23.07 | 23.07 |
FCF Conversion (FCF/Net Income) | 1.72x | 1.56x | 1.50x | 1.09x | 1.50x | 1.65x | 1.35x | 1.45x | 1.41x | 1.43x |
Interest Paid | 69.43M | 81M | 152M | 88M | 100M | 103M | 106M | 143M | 196M | 148M |
Taxes Paid | 396.67M | 210M | 352M | 469M | 843M | 778M | 1.85B | 1.73B | 1.71B | 1.52B |
ADBE Key Ratios
Adobe Inc. (ADBE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 21.33% | 29.07% | 29.67% | 44.21% | 34.37% | 32.97% | 35.51% | 36.31% | 55.43% | 62.31% |
| Return on Invested Capital (ROIC) | 19.9% | 21.43% | 20.54% | 24.91% | 29.89% | 30.41% | 35.75% | 38.88% | 51.44% | 51.44% |
| Gross Margin | 86.16% | 86.77% | 85.03% | 86.62% | 88.19% | 87.7% | 87.87% | 89.04% | 88.61% | 89.24% |
| Net Margin | 23.2% | 28.69% | 26.42% | 40.88% | 30.55% | 27.01% | 27.97% | 25.85% | 30% | 29.48% |
| Debt / Equity | 0.22x | 0.44x | 0.39x | 0.35x | 0.32x | 0.33x | 0.25x | 0.43x | 0.57x | 0.57x |
| Interest Coverage | 29.14x | 31.91x | 20.82x | 36.53x | 51.35x | 54.45x | 58.85x | 41.10x | 33.10x | 66.23x |
| FCF Conversion | 1.72x | 1.56x | 1.50x | 1.09x | 1.50x | 1.65x | 1.35x | 1.45x | 1.41x | 1.43x |
| Revenue Growth | 24.72% | 23.67% | 23.71% | 15.19% | 22.67% | 11.54% | 10.24% | 10.8% | 10.53% | 10.96% |
Related:ADBE Dividend History·ADBE Revenue History·ADBE Price History·ADBE P/E History·ADBE Financial Ratios·ADBE Institutional Holders
ADBE SEC Filings & Documents
Adobe Inc. (ADBE) SEC filings — annual & quarterly reports (10-K, 10-Q)
ADBE Frequently Asked Questions
Adobe Inc. (ADBE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Adobe Inc. (ADBE) reported $24.45B in revenue for fiscal year 2025. This represents a 3009% increase from $786.6M in 1996.
Adobe Inc. (ADBE) grew revenue by 10.5% over the past year. This is steady growth.
Yes, Adobe Inc. (ADBE) is profitable, generating $7.21B in net income for fiscal year 2025 (30.0% net margin).
Dividend & Returns
Adobe Inc. (ADBE) has a return on equity (ROE) of 55.4%. This is excellent, indicating efficient use of shareholder capital.
Adobe Inc. (ADBE) generated $10.32B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.