ADOBE INC.
ADOBE INC.
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Financial Statements
Values in Millions ($) | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 4,919 | 6,332 | 5,431 | 4,982 | 4,931 | 6,758 | 7,613 | 7,193 | 7,660 | 6,254 | 7,141 | 6,601 | |||||
Short Term Investments | 707 | 558 | 1,164 | 958 | 782 | 677 | 273 | 322 | 405 | 566 | 701 | 915 | |||||
Accounts Receivable Net Current | 1,993 | 2,092 | 2,344 | 2,093 | 1,735 | 1,973 | 2,072 | 1,802 | 1,612 | 2,057 | 2,224 | 1,851 | |||||
Prepaid Expense And Other Assets Current | 1,449 | 1,404 | 1,224 | 1,379 | 1,530 | 1,447 | 1,274 | 1,399 | 1,346 | 1,131 | 1,018 | 1,043 | |||||
Assets Current | 9,068 | 10,386 | 10,163 | 9,412 | 8,978 | 10,855 | 11,232 | 10,716 | 11,023 | 10,008 | 11,084 | 10,410 | |||||
Property Plant And Equipment Net | 1,870 | 1,852 | 1,873 | 1,908 | 1,890 | 1,893 | 1,936 | 1,969 | 1,969 | 1,988 | 2,030 | 2,036 | |||||
Operating Lease Right Of Use Asset | 299 | 305 | 312 | 307 | 259 | 266 | 281 | 368 | 381 | 366 | 358 | 373 | |||||
Goodwill | 14,041 | 12,869 | 12,857 | 12,862 | 12,830 | 12,777 | 12,788 | 12,814 | 12,803 | 12,803 | 12,805 | 12,800 | |||||
Other Intangible Assets Net | 1,012 | 454 | 495 | 555 | 631 | 706 | 782 | 858 | 933 | 1,011 | 1,088 | 1,167 | |||||
Deferred Income Tax Assets Net | 1,998 | 2,138 | 2,186 | 2,092 | 1,984 | 1,820 | 1,657 | 1,548 | 1,436 | 1,310 | 1,191 | 1,065 | |||||
Other Assets Noncurrent | 1,645 | 1,700 | 1,610 | 1,618 | 1,535 | 1,638 | 1,554 | 1,557 | 1,462 | 1,265 | 1,223 | 1,239 | |||||
Assets | 29,933 | 29,704 | 29,496 | 28,754 | 28,107 | 29,955 | 30,230 | 29,830 | 30,007 | 28,751 | 29,779 | 29,090 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 499 | 419 | 417 | 337 | 360 | 326 | 361 | 318 | 357 | 300 | 314 | 314 | |||||
Accrued Liabilities Current | 2,455 | 2,257 | 2,648 | 2,289 | 2,256 | 1,951 | 2,336 | 1,848 | 1,899 | 1,569 | 1,942 | 1,714 | |||||
Debt Current | 1,843 | 849 | 0 | 0 | 0 | 0 | 1,499 | 1,499 | 1,498 | 1,497 | 0 | 0 | |||||
Contract With Customer Liability Current | 7,152 | 7,275 | 6,905 | 6,385 | 6,220 | 6,347 | 6,131 | 5,779 | 5,558 | 5,975 | 5,837 | 5,375 | |||||
Accrued Income Taxes Current | 38 | 506 | 153 | 154 | 129 | 465 | 119 | 130 | 95 | 123 | 85 | 857 | |||||
Operating Lease Liability Current | 91 | 84 | 77 | 74 | 74 | 74 | 75 | 70 | 67 | 73 | 73 | 74 | |||||
Liabilities Current | 12,078 | 11,390 | 10,200 | 9,239 | 9,039 | 9,163 | 10,521 | 9,644 | 9,474 | 9,537 | 8,251 | 8,334 | |||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Debt | 4,802 | 5,379 | 6,210 | 6,200 | 6,166 | 6,155 | 4,129 | 4,128 | 4,127 | 2,138 | 3,634 | 3,633 | |||||
Contract With Customer Liability Noncurrent | 98 | 95 | 125 | 149 | 114 | 143 | 128 | 127 | 128 | 135 | 113 | 108 | |||||
Accrued Income Taxes Noncurrent | 536 | 487 | 469 | 502 | 477 | 567 | 548 | 585 | 591 | 668 | 514 | 498 | |||||
Operating Lease Liability Noncurrent | 329 | 344 | 361 | 362 | 323 | 334 | 353 | 381 | 398 | 378 | 373 | 389 | |||||
Other Liabilities Noncurrent | 572 | 576 | 508 | 532 | 540 | 498 | 446 | 420 | 446 | 435 | 376 | 352 | |||||
Liabilities | 18,415 | 18,271 | 17,873 | 16,984 | 16,659 | 16,860 | 16,125 | 15,285 | 15,164 | 13,291 | 13,261 | 13,314 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 16,416 | 15,870 | 15,361 | 14,968 | 14,375 | 13,894 | 13,419 | 13,026 | 12,504 | 12,037 | 11,586 | 11,195 | |||||
Retained Earnings Accumulated Deficit | 48,767 | 47,170 | 45,354 | 43,516 | 41,744 | 40,186 | 38,470 | 36,911 | 35,227 | 33,809 | 33,346 | 32,012 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -247 | -295 | -245 | -341 | -333 | -158 | -201 | -309 | -276 | -277 | -285 | -285 | |||||
Treasury Stock Value | - | - | - | - | - | - | - | - | - | -30,109 | -28,129 | -27,146 | |||||
Treasury Stock Common Value | -53,418 | -51,312 | -48,847 | -46,373 | -44,338 | -40,827 | -37,583 | -35,083 | -32,612 | - | -28,129 | - | |||||
Stockholders Equity | 11,518 | 11,433 | 11,623 | 11,770 | 11,448 | 13,095 | 14,105 | 14,545 | 14,843 | 15,460 | 16,518 | 15,776 | |||||
Liabilities And Stockholders Equity | 29,933 | 29,704 | 29,496 | 28,754 | 28,107 | 29,955 | 30,230 | 29,830 | 30,007 | 28,751 | 29,779 | 29,090 | |||||
Allowance For Doubtful Accounts Receivable Current | 14 | 12 | 13 | 14 | 16 | 15 | 14 | 17 | 19 | 16 | 16 | 18 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | 900 | |||||
Common Stock Shares Issued | 601 | 601 | 601 | 601 | 601 | 601 | 601 | 601 | 601 | 601 | 601 | 601 | |||||
Shares Outstanding | 399 | 406 | 413 | 420 | 427 | 435 | 441 | 445 | 449 | 453 | 455 | 456 | |||||
Treasury Stock Common Shares | 202 | 195 | 188 | 181 | 174 | 166 | 160 | 156 | 152 | 148 | 146 | 145 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.03% | 4.36% | -14.01% | 8.37% | - | - | - | - | - | - | - | - |
| 2025 | -12.32% | 4.86% | -1.54% | -5.61% | -8.44% | -9.85% | -5.66% | -6.27% | 0.89% | -11.74% | -6.73% | -20.12% |
| 2024 | -7.81% | -4.16% | 4.15% | 4.23% | 4.69% | 1.55% | -4.44% | -2.81% | -10.08% | 6.01% | 10.01% | -14.55% |
| 2023 | - | - | - | 7.84% | 5.33% | 9.63% | 7.63% | 19.91% | 16.33% | 5.22% | -7.45% | -18.62% |
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Performance and Valuation Metrics
Metrics | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.75 | 0.91 | 1.00 | 1.02 | 0.99 | 1.18 | 1.07 | 1.11 | 1.16 | 1.05 | 1.34 | 1.25 | |||||
| Quick Ratio | 0.63 | 0.79 | 0.88 | 0.87 | 0.82 | 1.03 | 0.95 | 0.97 | 1.02 | 0.93 | 1.22 | 1.12 | |||||
| Working Capital | -3.01B | -1.00B | -37.00M | 173.00M | -61.00M | 1.69B | 711.00M | 1.07B | 1.55B | 471.00M | 2.83B | 2.08B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.60 | 1.60 | 1.54 | 1.44 | 1.46 | 1.29 | 1.14 | 1.05 | 1.02 | 0.86 | 0.80 | 0.84 | |||||
| Interest Coverage TTM | 34.83 | 33.94 | 33.10 | 34.02 | 35.59 | 39.20 | 39.89 | 44.40 | 50.67 | 55.29 | 58.85 | 56.74 | |||||
| Debt Ratio | 0.62 | 0.62 | 0.61 | 0.59 | 0.59 | 0.56 | 0.53 | 0.51 | 0.51 | 0.46 | 0.45 | 0.46 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.87 | 0.82 | 0.80 | 0.79 | 0.78 | 0.75 | 0.72 | 0.71 | 0.71 | 0.72 | 0.68 | 0.68 | |||||
| Days Sales Outstanding TTM | 27.00 | 30.34 | 33.91 | 30.66 | 27.03 | 33.37 | 36.46 | 31.83 | 29.45 | 35.32 | 40.33 | 34.54 | |||||
| Receivables Turnover TTM | 13.52 | 12.03 | 10.76 | 11.90 | 13.51 | 10.94 | 10.01 | 11.47 | 12.39 | 10.33 | 9.05 | 10.57 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 17.96 | 17.55 | 16.70 | 16.40 | 16.02 | 15.43 | 12.36 | 11.97 | 11.25 | 10.52 | 11.82 | 11.14 | |||||
| Free Cash Flow Per Share TTM | 25.55 | 25.15 | 23.12 | 22.67 | 22.04 | 21.07 | 17.61 | 14.71 | 14.18 | 14.33 | 15.19 | 16.71 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 89.40% | 89.40% | 89.27% | 89.14% | 89.25% | 89.15% | 89.04% | 88.66% | 88.24% | 88.08% | 87.87% | 87.89% | |||||
| Operating Profit Margin TTM | 36.07% | 36.65% | 36.63% | 36.25% | 36.37% | 36.29% | 31.35% | 31.16% | 30.51% | 29.95% | 34.26% | 33.95% | |||||
| Net Profit Margin TTM | 28.69% | 29.48% | 30.00% | 30.01% | 30.39% | 30.63% | 25.85% | 25.59% | 24.86% | 24.08% | 27.97% | 27.12% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 11.49% | 10.96% | 10.53% | 10.67% | 10.63% | 10.54% | 10.80% | 10.91% | 10.85% | 10.76% | 10.24% | 9.86% | |||||
| Net Income Growth (1Y) | 5.24% | 6.77% | 28.24% | 29.79% | 35.24% | 40.62% | 2.43% | 4.67% | 4.64% | 1.35% | 14.13% | 6.40% | |||||
| EPS Growth (1Y) | 11.99% | 13.54% | 34.53% | 36.48% | 41.84% | 45.97% | 4.72% | 7.28% | 6.66% | 2.74% | 17.23% | 9.22% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 14.43 | 14.93 | 19.14 | 21.71 | 25.88 | 28.34 | 41.49 | 47.72 | 39.33 | 52.84 | 51.45 | 49.85 | |||||
| P/B TTM | 9.06 | 9.41 | 11.74 | 12.83 | 15.53 | 14.61 | 16.35 | 17.59 | 13.46 | 16.41 | 16.91 | 16.18 | |||||
| P/S TTM | 4.14 | 4.40 | 5.74 | 6.52 | 7.86 | 8.68 | 10.73 | 12.21 | 9.78 | 12.73 | 14.39 | 13.52 | |||||
| Market Cap | 104.31B | 107.64B | 136.44B | 151.06B | 177.74B | 191.30B | 230.67B | 255.78B | 199.74B | 253.69B | 279.29B | 255.28B | |||||
| Enterprise Value | 106.03B | 107.54B | 137.22B | 152.28B | 178.98B | 190.70B | 228.69B | 254.22B | 197.71B | 251.08B | 275.79B | 252.31B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 10.28B | 10.32B | 9.85B | 9.60B | 9.44B | 9.19B | 7.87B | 6.55B | 6.37B | 6.49B | 6.94B | 7.63B | |||||
| Net Debt | 1.73B | -104.00M | 779.00M | 1.22B | 1.24B | -603.00M | -1.99B | -1.57B | -2.04B | -2.62B | -3.51B | -2.97B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
ADOBE INC. (ADBE) — SEC Financial Statements & Analysis
ADOBE INC. (ADBE) is a services-prepackaged software company, incorporated in DE. ADOBE INC. trades on ADBE: Nasdaq as: ADBE. Based on its latest SEC filing (Form 10-Q, period ending 2026-05-31), ADOBE INC. reported a 11.49% year-over-year revenue growth, a Gross Profit Margin of 89.40% (TTM), a Debt-to-Equity ratio of 1.60x, a Price-to-Sales (P/S) ratio of 4.14x (TTM), a Price-to-Book (P/B) ratio of 9.06 (TTM), at a market cap of $104.31B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 11.49%
- Gross Profit Margin TTM
- 89.40%
- Debt To Equity
- 1.60x
- P/S TTM
- 4.14x
- P/B TTM
- 9.06
- Market Cap
- $104.31B
Data as of 2026-05-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is ADOBE INC. in?
ADOBE INC. (ADBE) operates in the Services-Prepackaged Software industry.
What is ADBE's market cap?
ADOBE INC. (ADBE) has a market capitalization of $104.31B as of 2026-05-31.
What is ADBE's P/E ratio?
ADOBE INC. (ADBE)'s trailing twelve month P/E ratio is 14.43x as of 2026-05-31.
What exchange does ADBE trade on?
ADOBE INC. (ADBE) trades on the ADBE: Nasdaq.
Where is ADOBE INC. incorporated?
ADOBE INC. is incorporated in DE.