Adobe Inc. ADBE NDXSPXAI
Adobe Inc. operates as a technology company worldwide. The Digital Media segment offers products and services that enable individuals, teams, and enterprises to create, publish, and promote content. This segment serves photographers, video editors, graphic and experience designers, game developers, content creators, students, marketers, business owners, knowledge workers, and consumers. The Digital Experience segment provides an integrated platform; and products, services, and solutions 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 e-learning, technical document publishing, web conferencing, document and forms platform, web application development, printing, and Adobe Advertising solutions. It also provides consulting, training, customer management, technical support, and learning services. The company offers its solutions to enterprise customers, and businesses and consumers; and licenses its products to end-user customers through app stores and website at adobe.com. It markets and distributes its products through distributors, retailers, software developers, mobile app stores, systems integrators, independent software vendors, value-added resellers, and original equipment and hardware manufacturers. The company also provides an online visibility management and content marketing software-as-a-service platform. The company has a strategic alliance with HUMAIN for the development of generative AI models and AI-powered applications. 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.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Strong return on equity of 58.8%.
- Healthy ROCE of 46.6%.
- Excellent profit margin of 29.5%.
- Compounding revenue at 10.5% over 5 years.
- Profit CAGR of 14.5% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 37.8% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ADBE Adobe Inc. NDXSPXAI | 259.21 | 15.11 | $104.77B | - | 46.63% | 58.77% | 10.52% | 14.45% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Aug 2015 | Nov 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Aug 2018 | Nov 2018 | Mar 2019 | May 2019 | Aug 2019 | Nov 2019 | Feb 2020 | May 2020 | Aug 2020 | Nov 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | May 2024 | Aug 2024 | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Feb 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.22B | 1.31B | 1.38B | 1.40B | 1.46B | 1.61B | 1.68B | 1.77B | 1.84B | 2.01B | 2.08B | 2.20B | 2.29B | 2.46B | 2.60B | 2.74B | 2.83B | 2.99B | 3.09B | 3.13B | 3.23B | 3.42B | 3.90B | 3.83B | 3.94B | 4.26B | 4.39B | 4.43B | 4.66B | 4.82B | 4.89B | 5.18B | 5.31B | - | - | 5.71B | 5.87B | 5.99B | 6.19B | 6.40B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 622.00M | 638.00M | 642.00M | 649.00M | 664.00M |
| Gross Profit | 1.03B | 1.11B | 1.18B | 1.20B | 1.26B | 1.39B | 1.44B | 1.53B | 1.58B | 1.74B | 1.82B | 1.91B | 2.00B | 2.11B | 2.20B | 2.34B | 2.42B | 2.54B | 2.64B | 2.71B | 2.80B | 3.00B | 3.46B | 3.39B | 3.47B | 3.75B | 3.85B | 3.89B | 4.09B | 4.24B | 4.31B | 4.59B | 4.71B | - | - | 5.09B | 5.24B | 5.35B | 5.54B | 5.73B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.93B | 3.13B | 3.17B | 3.28B | 3.32B |
| Operating Income | 246.02M | - | 307.76M | 344.24M | 369.32M | - | 469.00M | 504.08M | 545.67M | - | 702.73M | 698.48M | 718.61M | - | 695.00M | 750.00M | 854.00M | - | 937.00M | 1.02B | 1.07B | - | 1.45B | 1.41B | 1.44B | 1.58B | 1.53B | 1.48B | 1.59B | 1.62B | 1.70B | 907.00M | 1.89B | - | - | 2.16B | 2.11B | 2.17B | 2.26B | 2.42B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.46B | 2.38B | 2.46B | 2.51B | 2.66B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 62.00M | 68.00M | 67.00M | 66.00M | 63.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.18B | 2.10B | 2.19B | 2.26B | 2.42B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 371.00M | 410.00M | 415.00M | 408.00M | 533.00M |
| Net Income | 174.47M | 222.71M | 254.31M | 244.07M | 270.79M | 399.61M | 398.45M | 374.39M | 419.57M | 501.55M | 583.08M | 663.17M | 666.29M | 678.24M | 674.00M | 633.00M | 793.00M | 852.00M | 955.00M | 1.10B | 955.00M | 2.25B | 1.26B | 1.12B | 1.21B | 1.27B | 1.18B | 1.14B | 1.25B | 1.29B | 1.40B | 620.00M | 1.57B | - | - | 1.81B | 1.69B | 1.77B | 1.86B | 1.89B |
| Diluted EPS | 0.34 | 0.44 | 0.50 | 0.48 | 0.54 | 0.80 | 0.80 | 0.75 | 0.84 | 1.00 | 1.17 | 1.33 | 1.34 | 1.37 | 1.36 | 1.29 | 1.61 | 1.74 | 1.96 | 2.27 | 1.97 | 4.64 | 2.61 | 2.32 | 2.52 | 2.66 | 2.49 | 2.42 | 2.71 | 2.82 | 3.05 | 1.36 | 3.49 | - | - | 4.14 | 3.94 | 4.18 | 4.45 | 4.60 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Nov 2007 | Nov 2008 | Nov 2009 | Dec 2010 | Dec 2011 | Nov 2012 | Nov 2013 | Nov 2014 | Nov 2015 | Dec 2016 | Dec 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Dec 2021 | Nov 2022 | Dec 2022 | Nov 2023 | Dec 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.16B | 3.58B | 2.95B | 3.80B | 4.22B | 4.40B | 4.06B | 4.15B | 4.80B | 5.85B | 7.30B | 9.03B | 11.17B | 12.87B | 15.79B | 17.61B | 17.61B | 19.41B | 19.41B | 21.50B | 23.77B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.17B | - | 2.35B | - | 2.36B | 2.55B |
| Gross Profit | 2.80B | 3.22B | 2.65B | 3.40B | 3.78B | 3.92B | 3.47B | 3.52B | 4.05B | 5.03B | 6.29B | 7.83B | 9.50B | 11.15B | 13.92B | 15.44B | 15.44B | 17.05B | 17.05B | 19.15B | 21.22B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.34B | - | 10.40B | - | 11.41B | 12.51B |
| Operating Income | 857.59M | 1.03B | 690.51M | 993.07M | 1.10B | 1.18B | 422.72M | 412.69M | 903.10M | 1.49B | 2.17B | 2.84B | 3.27B | 4.24B | 5.80B | 6.10B | 6.10B | 6.65B | 6.65B | 7.74B | 8.71B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.98B | - | 7.78B | - | 7.96B | 9.81B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 112.00M | - | 113.00M | - | 169.00M | 263.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.01B | - | 6.80B | - | 6.93B | 8.73B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.25B | - | 1.37B | - | 1.37B | 1.60B |
| Net Income | 723.81M | 871.81M | 386.51M | 774.68M | 832.85M | 832.77M | 289.99M | 268.39M | 629.55M | 1.17B | 1.69B | 2.59B | 2.95B | 5.26B | 4.82B | 4.76B | 4.76B | 5.43B | 5.43B | 5.56B | 7.13B |
| Diluted EPS | 1.21 | 1.59 | 0.73 | 1.47 | 1.65 | 1.66 | 0.56 | 0.53 | 1.24 | 2.32 | 3.38 | 5.20 | 6.00 | 10.83 | 10.02 | 10.10 | 10.10 | 11.82 | 11.82 | 12.36 | 16.70 |
Compounded Sales Growth
| 5 Years: | 10.52% |
| 1 Year: | 12.00% |
Compounded Profit Growth
| 5 Years: | 14.45% |
| 1 Year: | 11.10% |
Stock Price Performance
| 1 Year: | -37.55% |
| 6 Months: | -18.88% |
| 3 Months: | -1.22% |
| 1 Month: | +6.42% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Nov 2007 | Nov 2008 | Nov 2009 | Dec 2010 | Dec 2011 | Nov 2012 | Nov 2013 | Nov 2014 | Nov 2015 | Dec 2016 | Dec 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Dec 2021 | Nov 2022 | Dec 2022 | Nov 2023 | Dec 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 5.82B | 7.28B | 8.14B | 8.99B | 10.04B | 10.38B | 10.79B | 11.73B | 12.70B | 14.54B | 18.77B | 20.76B | 24.28B | - | 27.24B | 27.16B | 27.16B | 29.78B | 29.78B | 30.23B | 29.50B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.00B | - | 11.08B | - | 11.23B | 10.16B |
| Cash & Equivalents | 772.50M | 946.42M | 886.45M | 999.49M | 749.89M | 989.50M | 1.43B | 834.56M | 1.12B | 876.56M | 1.01B | 2.31B | 1.64B | 2.65B | 4.48B | - | 3.84B | 4.24B | 4.24B | 7.14B | 7.14B | 7.61B | 5.43B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.06B | - | 2.22B | - | 2.07B | 2.34B |
| Total Liabilities | - | - | 1.41B | 2.39B | 2.95B | 3.21B | 3.38B | 3.66B | 4.01B | 4.72B | 5.27B | 6.08B | 9.41B | 10.23B | 11.02B | - | 12.44B | 13.11B | 13.11B | 13.26B | 13.26B | 16.12B | 17.87B |
| Current Liabilities | - | - | 762.60M | 844.55M | 1.07B | 1.25B | 1.27B | 1.53B | 2.49B | 2.21B | 2.81B | 3.53B | 4.30B | 8.19B | 5.51B | - | 6.93B | 8.13B | 8.13B | 8.25B | 8.25B | 10.52B | 10.20B |
| Long Term Debt | - | - | 350.00M | 1.00B | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.63B | - | 3.63B | - | 4.13B | 6.21B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.63B | - | 4.08B | - | 6.06B | 6.65B |
| Total Equity | 5.15B | 4.65B | 4.41B | 4.89B | 5.19B | 5.78B | 6.67B | 6.72B | 6.78B | 7.00B | 7.42B | 8.46B | 9.36B | 10.53B | 13.26B | - | 14.80B | 14.05B | 14.05B | 16.52B | 16.52B | 14.11B | 11.62B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 601.00M | - | 601.00M | - | 601.00M | 601.00M |
Cash Flows (Annual)
Figures in USD.
| Metric | Nov 2007 | Nov 2008 | Nov 2009 | Dec 2010 | Dec 2011 | Nov 2012 | Nov 2013 | Nov 2014 | Nov 2015 | Dec 2016 | Dec 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Nov 2021 | Dec 2021 | Nov 2022 | Dec 2022 | Nov 2023 | Dec 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.44B | 1.28B | 1.12B | 1.11B | 1.54B | 1.50B | 1.15B | 1.29B | 1.47B | 2.20B | 2.91B | 4.03B | 4.42B | 5.73B | - | 7.23B | 7.84B | 7.84B | 7.30B | 7.30B | 8.06B | 10.03B |
| Investing Cash Flow | 81.54M | -304.68M | -1.50B | -1.16B | -757.40M | -834.66M | -1.18B | -490.71M | -1.49B | -960.03M | -442.88M | -4.68B | -456.00M | -414.00M | - | -3.54B | -570.00M | -570.00M | 776.00M | 776.00M | 149.00M | -1.19B |
| Financing Cash Flow | -1.35B | -1.02B | 477.64M | -215.26M | -550.36M | -234.72M | -559.14M | -507.28M | -200.69M | -1.09B | -1.18B | -5.00M | -2.95B | -3.49B | - | -4.30B | -6.83B | -6.83B | -5.18B | -5.18B | -7.72B | -11.06B |
| Capital Expenditure | -132.07M | -111.79M | -119.59M | -169.64M | -210.29M | -271.08M | -188.36M | -148.33M | -184.94M | -203.81M | -178.12M | -267.00M | -395.00M | -419.00M | - | -348.00M | -442.00M | -442.00M | -360.00M | -360.00M | -183.00M | -179.00M |
| Free Cash Flow | 1.31B | 1.17B | 998.20M | 943.35M | 1.33B | 1.23B | 963.33M | 1.14B | 1.28B | 2.00B | 2.73B | 3.76B | 4.03B | 5.31B | - | 6.88B | 7.40B | 7.40B | 6.94B | 6.94B | 7.87B | 9.85B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 443.00M | - | 2.90B | - | 481.00M | -2.22B |
| Share Buybacks | 1.95B | 1.72B | 350.01M | 850.02M | 695.01M | 405.00M | 1.10B | 600.00M | 625.00M | 1.07B | 1.10B | 2.05B | 2.75B | 3.05B | - | 3.95B | - | 6.55B | - | 4.40B | 9.50B | 11.28B |
Ratios (Annual)
Figures in %.
| Metric | Nov 2007 | Nov 2008 | Nov 2009 | Dec 2010 | Dec 2011 | Nov 2012 | Nov 2013 | Nov 2014 | Nov 2015 | Dec 2016 | Dec 2017 | Nov 2018 | Nov 2019 | Nov 2020 | Dec 2021 | Nov 2022 | Dec 2022 | Nov 2023 | Dec 2023 | Nov 2024 | Nov 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 88.8% | 89.9% | 89.9% | 89.4% | 89.6% | 89.0% | 85.5% | 85.0% | 84.5% | 86.0% | 86.2% | 86.8% | 85.0% | 86.6% | 88.2% | 87.7% | 87.7% | 87.9% | 87.9% | 89.0% | 89.3% |
| Operating Margin % | 27.2% | 28.7% | 23.4% | 26.1% | 26.1% | 26.8% | 10.4% | 10.0% | 18.8% | 25.5% | 29.7% | 31.5% | 29.3% | 32.9% | 36.8% | 34.6% | 34.6% | 34.3% | 34.3% | 36.0% | 36.6% |
| Net Margin % | 22.9% | 24.4% | 13.1% | 20.4% | 19.8% | 18.9% | 7.2% | 6.5% | 13.1% | 20.0% | 23.2% | 28.7% | 26.4% | 40.9% | 30.5% | 27.0% | 27.0% | 28.0% | 28.0% | 25.9% | 30.0% |
| ROE % | 15.6% | 19.8% | 7.9% | 14.9% | 14.4% | 12.5% | 4.3% | 4.0% | 9.0% | 15.7% | 20.0% | 27.7% | 28.0% | 39.7% | 32.6% | 33.8% | 33.8% | 32.9% | 32.9% | 39.4% | 61.3% |
| ROCE % | - | 20.3% | 10.7% | 14.0% | 14.2% | 13.5% | 4.8% | 5.0% | 9.5% | 15.1% | 19.7% | 19.6% | 26.0% | 22.6% | 28.6% | 32.0% | 32.0% | 30.9% | 30.9% | 39.3% | 45.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 10.10% | 40.81M | $10.58B |
| 2 | Vanguard Capital Management LLC | 6.60% | 26.68M | $6.92B |
| 3 | State Street Corporation | 4.93% | 19.91M | $5.16B |
| 4 | Geode Capital Management, LLC | 2.90% | 11.73M | $3.04B |
| 5 | Vanguard Portfolio Management LLC | 2.47% | 9.97M | $2.59B |
| 6 | Arrowstreet Capital, Limited Partnership | 1.68% | 6.79M | $1.76B |
| 7 | Morgan Stanley | 1.40% | 5.68M | $1.47B |
| 8 | Invesco Ltd. | 1.38% | 5.57M | $1.44B |
| 9 | Bank Of New York Mellon Corporation | 1.29% | 5.21M | $1.35B |
| 10 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1.24% | 5.03M | $1.30B |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ADBE