Technology · Packaged Software
Adobe Inc.
NASDAQADBE
ISINUS00724F1012 SEC CIK0000796343 Listed on NASDAQ · USD
$236.18 -1.42 (-0.60%) Pre-market $238.88 (+0.54%) ≈ ₹22,166 a share
Price, last 12 months-27.33% in a year
Key numbers
- Market value
- $91.92B
- P/E (TTM)
- 13.2
- Forward P/E
- 8.8
- EPS (TTM)
- $17.92
- Dividend yield
- —
- Beta
- 1.39
- Day range
- $233.51 – $240.00
- 52-week range
- $190.12 – $362.71
- Volume
- 602,301
- 10-day avg volume
- $4.04M
- Revenue (TTM)
- $25.97B
- EBITDA (TTM)
- $10.15B
- Gross margin
- 89.3%
- Net margin
- 28.1%
- Return on equity
- 61.9%
- Debt / equity
- 54.1%
- Price / sales
- 3.54
- Shares out
- 389.20M
52W low52W high
Quarterly results
Results for each quarter
Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.
Revenue and net income
Dec 23
Mar 24
May 24
Aug 24
Nov 24
Feb 25
May 25
Aug 25
Nov 25
Feb 26
May 26
Aug 26
Revenue · YoY (vs a year ago)
——————+11%+11%+10%+12%+13%+13%
Net income · YoY (vs a year ago)
——————+7.5%+5.2%+10%+4.3%+1.2%+3.1%
RevenueOperating incomeNet incomeLine = trend
| US$ | Dec 23 | Mar 24 | May 24 | Aug 24 | Nov 24 | Feb 25 | May 25 | Aug 25 | Nov 25 | Feb 26 | May 26 | Aug 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.05B | $5.18B | $5.31B | $5.41B | $5.61B | $5.71B | $5.87B | $5.99B | $6.19B | $6.40B | $6.62B | $6.76B |
| Cost of revenue | $634.00M | $590.00M | $598.00M | $554.00M | $616.00M | $622.00M | $638.00M | $642.00M | $649.00M | $664.00M | $715.00M | $763.00M |
| Gross profit | $4.41B | $4.59B | $4.71B | $4.85B | $4.99B | $5.09B | $5.24B | $5.35B | $5.55B | $5.73B | $5.90B | $6.00B |
| Gross margin | 87.4% | 88.6% | 88.7% | 89.8% | 89.0% | 89.1% | 89.1% | 89.3% | 89.5% | 89.6% | 89.2% | 88.7% |
| Operating income | $1.74B | $907.00M | $1.89B | $1.99B | $1.96B | $2.16B | $2.11B | $2.17B | $2.26B | $2.42B | $2.24B | $2.35B |
| Operating margin | 34.5% | 17.5% | 35.5% | 36.8% | 34.9% | 37.9% | 35.9% | 36.3% | 36.5% | 37.8% | 33.8% | 34.8% |
| Interest expense | $28.00M | $27.00M | $41.00M | $51.00M | $50.00M | $62.00M | $68.00M | $67.00M | $66.00M | $63.00M | $65.00M | $66.00M |
| Pre-tax income | $1.81B | $968.00M | $1.93B | $2.04B | $1.99B | $2.18B | $2.10B | $2.19B | $2.26B | $2.42B | $2.24B | $2.36B |
| Income tax | $325.00M | $348.00M | $357.00M | $358.00M | $308.00M | $371.00M | $410.00M | $415.00M | $408.00M | $533.00M | $526.00M | $530.00M |
| Net income | $1.48B | $620.00M | $1.57B | $1.68B | $1.68B | $1.81B | $1.69B | $1.77B | $1.86B | $1.89B | $1.71B | $1.83B |
| Net margin | 29.4% | 12.0% | 29.6% | 31.1% | 30.0% | 31.7% | 28.8% | 29.6% | 30.0% | 29.5% | 25.9% | 27.0% |
| EPS (diluted) | — | $1.36 | $3.49 | $3.76 | — | $4.14 | $3.94 | $4.18 | — | $4.60 | $4.25 | $4.62 |
Income statement
Results for each year
8 fiscal years from the company's 10-K filings with the US SEC.
Revenue, gross profit and net income
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Revenue · YoY (vs a year ago)
—+24%+15%+23%+12%+10%+11%+11%
Net income · YoY (vs a year ago)
—+14%+78%-8.3%-1.4%+14%+2.4%+28%
RevenueGross profitNet incomeLine = trend
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
EPS (diluted) · YoY (vs a year ago)
—+15%+81%-7.5%+0.8%+17%+4.6%+35%
EPS (diluted)Line = trend
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.03B | $11.17B | $12.87B | $15.79B | $17.61B | $19.41B | $21.51B | $23.77B |
| Revenue growth | — | 23.7% | 15.2% | 22.7% | 11.5% | 10.2% | 10.8% | 10.5% |
| Cost of revenue | $1.20B | $1.67B | $1.72B | $1.87B | $2.17B | $2.35B | $2.36B | $2.55B |
| Gross profit | $7.84B | $9.50B | $11.15B | $13.92B | $15.44B | $17.06B | $19.15B | $21.22B |
| Gross margin | 86.8% | 85.0% | 86.6% | 88.2% | 87.7% | 87.9% | 89.0% | 89.3% |
| Operating income | $2.84B | $3.27B | $4.24B | $5.80B | $6.10B | $6.65B | $6.74B | $8.71B |
| Operating margin | 31.5% | 29.3% | 32.9% | 36.8% | 34.6% | 34.3% | 31.3% | 36.6% |
| Depreciation & amortisation | $346.00M | $757.00M | $757.00M | $788.00M | $856.00M | $872.00M | $857.00M | $818.00M |
| Interest expense | $89.00M | $157.00M | $116.00M | $113.00M | $112.00M | $113.00M | $169.00M | $263.00M |
| Pre-tax income | $2.79B | $3.21B | $4.18B | $5.71B | $6.01B | $6.80B | $6.93B | $8.73B |
| Income tax | $203.00M | $254.00M | $-1.08B | $883.00M | $1.25B | $1.37B | $1.37B | $1.60B |
| Tax rate | 7.3% | 7.9% | -26.0% | 15.5% | 20.8% | 20.2% | 19.8% | 18.4% |
| Net income | $2.59B | $2.95B | $5.26B | $4.82B | $4.76B | $5.43B | $5.56B | $7.13B |
| Net margin | 28.7% | 26.4% | 40.9% | 30.5% | 27.0% | 28.0% | 25.9% | 30.0% |
| EPS (diluted) | $5.20 | $6.00 | $10.83 | $10.02 | $10.10 | $11.82 | $12.36 | $16.70 |
Balance sheet
Assets and debt
At each fiscal year end.
Equity, debt and cash
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Shareholders' equity · YoY (vs a year ago)
—+12%+26%+12%-5.0%+18%-15%-18%
Shareholders' equityTotal debtCash + short-term investmentsLine = trend
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.64B | $2.65B | $4.48B | $3.84B | $4.24B | $7.14B | $7.61B | $5.43B |
| Short-term investments | $1.59B | $1.53B | $1.51B | $1.95B | $1.86B | $701.00M | $273.00M | $1.16B |
| Current assets | $4.86B | $6.50B | $8.15B | $8.67B | $9.00B | $11.08B | $11.23B | $10.16B |
| Total assets | $18.77B | $20.76B | $24.28B | $27.24B | $27.17B | $29.78B | $30.23B | $29.50B |
| Current liabilities | $4.30B | $8.19B | $5.51B | $6.93B | $8.13B | $8.25B | $10.52B | $10.20B |
| Long-term debt | $4.12B | $989.00M | $4.12B | $4.12B | $3.63B | $3.63B | $4.13B | $6.21B |
| Short-term debt | $0 | $3.15B | $0 | $0 | $500.00M | $0 | $1.50B | $0 |
| Total debt | $4.12B | $4.14B | $4.12B | $4.12B | $4.13B | $3.63B | $5.63B | $6.21B |
| Total liabilities | $9.41B | $10.23B | $11.02B | $12.44B | $13.11B | $13.26B | $16.13B | $17.87B |
| Shareholders' equity | $9.36B | $10.53B | $13.26B | $14.80B | $14.05B | $16.52B | $14.11B | $11.62B |
| Current ratio | 1.13 | 0.79 | 1.48 | 1.25 | 1.11 | 1.34 | 1.07 | 1.00 |
| Debt / equity | 0.44 | 0.39 | 0.31 | 0.28 | 0.29 | 0.22 | 0.40 | 0.53 |
| Return on equity | 27.7% | 28.0% | 39.7% | 32.6% | 33.8% | 32.9% | 39.4% | 61.3% |
Cash flow
Cash coming in and going out
Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.
Free cash flow and shareholder returns
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
Operating cash flow · YoY (vs a year ago)
—+9.8%+30%+26%+8.4%-6.8%+10%+25%
Free cash flow · YoY (vs a year ago)
—+7.0%+32%+30%+7.5%-6.1%+13%+25%
Operating cash flowFree cash flowDividends + buybacksLine = trend
| US$ | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $4.03B | $4.42B | $5.73B | $7.23B | $7.84B | $7.30B | $8.06B | $10.03B |
| Capital spending | $-267.00M | $-395.00M | $-419.00M | $-348.00M | $-442.00M | $-360.00M | $-183.00M | $-179.00M |
| Free cash flow | $3.76B | $4.03B | $5.31B | $6.88B | $7.40B | $6.94B | $7.87B | $9.85B |
| FCF margin | 41.7% | 36.0% | 41.2% | 43.6% | 42.0% | 35.8% | 36.6% | 41.4% |
| Stock-based pay | $610.00M | $788.00M | $909.00M | $1.07B | $1.44B | $1.72B | $1.83B | $1.94B |
| Cash from investing | $-4.69B | $-456.00M | $-414.00M | $-3.54B | $-570.00M | $776.00M | $149.00M | $-1.19B |
| Cash from financing | $-5.00M | $-2.95B | $-3.49B | $-4.30B | $-6.83B | $-5.18B | $-7.72B | $-11.06B |
| Share buybacks | $-2.05B | $-2.75B | $-3.05B | $-3.95B | $-6.55B | $-4.40B | $-9.50B | $-11.28B |
About
About Adobe Inc.
Adobe Inc., formerly Adobe Systems Incorporated, is an American multinational computer software company based in San Jose, California. It offers a wide range of programs from web design tools, photo manipulation, and vector creation to video and audio editing, mobile app development, print layout and animation software.
From Wikipedia (CC BY-SA 4.0).
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Company details
- Company name
- Adobe Inc.
- Ticker
- ADBE
- Exchange
- NASDAQ
- ISIN
- US00724F1012
- SEC CIK
- 0000796343
- Sector
- Technology
- Industry
- Packaged Software
- SEC industry (SIC)
- Services-prepackaged Software (7372)
- Incorporated in
- Delaware
- Financial year ends
- 27 November
- Filer type
- Large accelerated filer
- Latest annual report (10-K)
- 15 Jan 2026
- CEO
- Shantanu Narayen
- Chair
- Shantanu Narayen
- Headquarters
- San Jose
- Address
- 345 Park Ave, San Jose, Ca 95110-2704
- Founded
- 1982
- Employees
- 31,360
- Formerly known as
- Adobe Systems Inc
- Trades in
- US dollars (USD)
- Website
- adobe.com
News
Latest news
From Google News; each link opens the publisher's story.
Adobe (ADBE) Stock May Look Reasonable On Fresh AI Partnership NewsYahoo Finance · 12 Nov, 6:37 pmIs Adobe Stock’s Fall A Bargain Or A Warning?Trefis · 11 Nov, 12:50 pmShould Value Investors Buy Adobe (ADBE) Stock?Yahoo Finance · 12 Nov, 1:38 amAdobe: A Cash-Secured Put Turns AI Fear Into A Lower Entry Price (NASDAQ:ADBE)Seeking Alpha · 11 Nov, 1:13 pmHow to Buy Adobe Stock (ADBE) in 2026The Motley Fool · 1 Nov, 12:30 pmAdobe Stock (ADBE) Opinions on Market Rotation and AI ProspectsMoomoo · 12 Aug, 12:30 pmAdobe (ADBE) Is Down About 31% This Year. Here’s What Citi’s Tyler Radke Sees NextYahoo Finance · 11 Nov, 11:33 pmWhat Is Going On With Adobe Stock?Trefis · 3 Nov, 6:26 pm
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Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.