Adobe Inc. (ADBE) — Stock Price, Financials & Analysis

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.

Key Statistics — ADBE

  • Latest Close: $263.71
  • Market Cap: $104.82B
  • P/E Ratio (TTM): 15.1
  • EPS (TTM): $17.47
  • Beta: 1.40
  • 52-Week High: $370.86
  • 52-Week Low: $190.12
  • Profit Margin: 28.7%
  • Return on Equity: 63.0%
  • Debt to Equity: 61.4

Sector: Technology — Software - Application

Income Statement — ADBE

  • 2022: Revenue $17.61B, Net Income $4.76B
  • 2023: Revenue $19.41B, Net Income $5.43B
  • 2024: Revenue $21.50B, Net Income $5.56B
  • 2025: Revenue $23.77B, Net Income $7.13B
“”Wednesday, August 12, 2026
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Adobe Inc. — Technology · Software - Application

$263.71-9.25 (-3.39%)
Mkt Cap
$104.82B
P/E
15.1
EPS
$17.47
Beta
1.40
Yield
—
52W Hi
$370.86
52W Lo
$190.12
Vol
6.5M

Price History

Chart Terminal →Technical Analysis →

Company Profile

Sector
Technology
Industry
Software - Application
Employees
31,360
HQ
San Jose, CA, United States
Web
adobe.com

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.

Top Executives

NameTitleTotal Pay
Mr. Shantanu NarayenChairman & CEO$5.8M
Ms. Adele Louise PentlandEVP of Legal & Government Relations, Chief Legal Officer and Corporate Secretary$3.1M
Mr. David WadhwaniPresident of Creativity & Productivity Business$1.9M
Dr. Anil S. ChakravarthyPresident of Customer Experience Orchestration Business$1.9M
Mr. Steven DayInterim CFO and Senior VP of Finance, Technology, Security & Operations—
Ms. Jillian ForuszSenior VP, Chief Accounting Officer & Corporate Controller—
Mr. Douglas G. Clark C.F.A.Vice President of Investor Relations—
Ms. Lara H. BalazsChief Marketing Officer & Executive Vice President of Global Marketing—
Ms. Gloria ChenChief People Officer & Executive VP of Employee Experience—
Mr. Shanmugh NatarajanMD of India & VP of Products—

Financial Statements

✓
Profitable
All 4 periods
✓
Revenue Growing
+10.5% latest, 3/3 up
✓
Earnings Growing
+28.2% latest, 3/3 up
✗
Pays Dividend
No dividends
✓
Positive Margin
28.7% net margin

Adobe Inc.

Technology \u00b7 Software - Application

Market Cap$104.82B
Trailing P/E15.1
Forward P/E9.6
EPS (trailing)$17.47
EPS (forward)$27.49
Gross Margin89.4%
Operating Margin35.3%
Profit Margin28.7%
Dividend RateNone
Dividend YieldNone
Payout RatioN/A

Revenue & Net Income

2022 – 2025, Annual

Revenue

Net Income

Profit Margins

2022 – 2025, Annual

Earnings Per Share

2022 – 2025, Annual

Dividends

No dividend history available.

Price Ranges

52-Week
$190.12$370.86
Fwd P/E9.6
Avg Volume6.5M
Shares Out0.40B

Key Ratios

Gross Margin89.4%
Operating Margin35.3%
Profit Margin28.7%
ROE63.0%
ROA19.9%
P/B9.1
D/E61.44
Current Ratio0.75
Dividend RateNone
Payout Ratio0.0%

Cash & Debt

Cash 44%Debt 56%
Total Cash$5.63B
Total Debt$7.08B
Net Cash$-1.45B
Free Cash Flow$9.22B
Operating CF$10.48B

Ratings Snapshot

3.0 / 5
P/E3/5(15.1)
P/B2/5(9.1)
ROE5/5(63.0)
ROA5/5(19.9)
D/E1/5(61.4)
Liquidity2/5(0.8)

Growth Pulse

Revenue Growth+12.7%
Earnings Growth+7.9%

Analyst Recommendations

0m
Hold (40 analysts)
4
8
23
4
Strong Buy: 4
Buy: 8
Hold: 23
Sell: 4
Strong Sell: 1
MonthStr BuyBuyHoldSellStr Sell
0m482341
-1m482341
-2m292530
-3m3122040

Income Snapshot 2025

Revenue
$23.8B
Net Income
$7.1B
Gross Margin
89.3%
Net Margin
30.0%
Op. Income
$8.7B
EPS
$16.73

Balance Sheet

2021 – 2025, Annual
Debt / Equity0.57x
Owns more than it owes — healthy
Current Ratio1.00x
May struggle to pay near-term bills
Net Debt$1.22B
Total debt minus cash on hand

Assets vs Liabilities vs Equity

Assets = Liabilities + Equity. The green bar is what's left for shareholders after paying all debts.

Cash vs Debt

How much cash the company has on hand vs how much it owes in total debt.

Period Detail

PeriodAssetsLiabilitiesEquityCashDebtD/E
2021N/AN/AN/AN/AN/A—
2022$27.16B$13.11B$14.05B$4.24B$4.63B0.33x
2023$29.78B$13.26B$16.52B$7.14B$4.08B0.25x
2024$30.23B$16.13B$14.11B$7.61B$6.06B0.43x
2025$29.50B$17.87B$11.62B$5.43B$6.65B0.57x

Balance Sheet Snapshot 2025

Total Assets$29.50B
Total Liabilities$17.87B
Equity$11.62B
Retained Earnings$45.35B
Goodwill$12.86B
Long-Term Debt$6.21B

Cash Flow Statement

2021 – 2025, Annual

Operating · Investing · Financing

Operating — cash from core business.Investing — buying/selling long-term assets.Financing — debt, equity & dividends.

Free Cash Flow

Operating cash flow minus capital expenditure — the cash available after maintaining operations.

PeriodOperatingInvestingFinancingFCFCapEx
2021$0$0$0$0$0
2022$8B$-570M$-7B$7B$-442M
2023$7B$776M$-5B$7B$-360M
2024$8B$149M$-8B$8B$-183M
2025$10B$-1B$-11B$10B$-179M

Capital Allocation 2025

CapEx$179.0M
Dividends PaidN/A
Buybacks$11.28B
Debt Repaid$1.50B
Debt Issued$2.00B
Net Change Cash$-2.22B

Price History

Chart Terminal →Technical Analysis →

Company Profile

Sector
Technology
Industry
Software - Application
Employees
31,360
HQ
San Jose, CA, United States
Web
adobe.com

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.

Top Executives

NameTitleTotal Pay
Mr. Shantanu NarayenChairman & CEO$5.8M
Ms. Adele Louise PentlandEVP of Legal & Government Relations, Chief Legal Officer and Corporate Secretary$3.1M
Mr. David WadhwaniPresident of Creativity & Productivity Business$1.9M
Dr. Anil S. ChakravarthyPresident of Customer Experience Orchestration Business$1.9M
Mr. Steven DayInterim CFO and Senior VP of Finance, Technology, Security & Operations—
Ms. Jillian ForuszSenior VP, Chief Accounting Officer & Corporate Controller—
Mr. Douglas G. Clark C.F.A.Vice President of Investor Relations—
Ms. Lara H. BalazsChief Marketing Officer & Executive Vice President of Global Marketing—
Ms. Gloria ChenChief People Officer & Executive VP of Employee Experience—
Mr. Shanmugh NatarajanMD of India & VP of Products—

Price Ranges

52-Week
$190.12$370.86
Fwd P/E9.6
Avg Volume6.5M
Shares Out0.40B

Key Ratios

Gross Margin89.4%
Operating Margin35.3%
Profit Margin28.7%
ROE63.0%
ROA19.9%
P/B9.1
D/E61.44
Current Ratio0.75
Dividend RateNone
Payout Ratio0.0%

Cash & Debt

Cash 44%Debt 56%
Total Cash$5.63B
Total Debt$7.08B
Net Cash$-1.45B
Free Cash Flow$9.22B
Operating CF$10.48B

Ratings Snapshot

3.0 / 5
P/E3/5(15.1)
P/B2/5(9.1)
ROE5/5(63.0)
ROA5/5(19.9)
D/E1/5(61.4)
Liquidity2/5(0.8)

Growth Pulse

Revenue Growth+12.7%
Earnings Growth+7.9%

Analyst Recommendations

0m
Hold (40 analysts)
4
8
23
4
Strong Buy: 4
Buy: 8
Hold: 23
Sell: 4
Strong Sell: 1
MonthStr BuyBuyHoldSellStr Sell
0m482341
-1m482341
-2m292530
-3m3122040

Financial Statements

✓
Profitable
All 4 periods
✓
Revenue Growing
+10.5% latest, 3/3 up
✓
Earnings Growing
+28.2% latest, 3/3 up
✗
Pays Dividend
No dividends
✓
Positive Margin
28.7% net margin

Adobe Inc.

Technology \u00b7 Software - Application

Market Cap$104.82B
Trailing P/E15.1
Forward P/E9.6
EPS (trailing)$17.47
EPS (forward)$27.49
Gross Margin89.4%
Operating Margin35.3%
Profit Margin28.7%
Dividend RateNone
Dividend YieldNone
Payout RatioN/A

Revenue & Net Income

2022 – 2025, Annual

Revenue

Net Income

Profit Margins

2022 – 2025, Annual

Earnings Per Share

2022 – 2025, Annual

Dividends

No dividend history available.

Income Snapshot 2025

Revenue
$23.8B
Net Income
$7.1B
Gross Margin
89.3%
Net Margin
30.0%
Op. Income
$8.7B
EPS
$16.73

Balance Sheet

2021 – 2025, Annual
Debt / Equity0.57x
Owns more than it owes — healthy
Current Ratio1.00x
May struggle to pay near-term bills
Net Debt$1.22B
Total debt minus cash on hand

Assets vs Liabilities vs Equity

Assets = Liabilities + Equity. The green bar is what's left for shareholders after paying all debts.

Cash vs Debt

How much cash the company has on hand vs how much it owes in total debt.

Period Detail

PeriodAssetsLiabilitiesEquityCashDebtD/E
2021N/AN/AN/AN/AN/A—
2022$27.16B$13.11B$14.05B$4.24B$4.63B0.33x
2023$29.78B$13.26B$16.52B$7.14B$4.08B0.25x
2024$30.23B$16.13B$14.11B$7.61B$6.06B0.43x
2025$29.50B$17.87B$11.62B$5.43B$6.65B0.57x

Balance Sheet Snapshot 2025

Total Assets$29.50B
Total Liabilities$17.87B
Equity$11.62B
Retained Earnings$45.35B
Goodwill$12.86B
Long-Term Debt$6.21B

Cash Flow Statement

2021 – 2025, Annual

Operating · Investing · Financing

Operating — cash from core business.Investing — buying/selling long-term assets.Financing — debt, equity & dividends.

Free Cash Flow

Operating cash flow minus capital expenditure — the cash available after maintaining operations.

PeriodOperatingInvestingFinancingFCFCapEx
2021$0$0$0$0$0
2022$8B$-570M$-7B$7B$-442M
2023$7B$776M$-5B$7B$-360M
2024$8B$149M$-8B$8B$-183M
2025$10B$-1B$-11B$10B$-179M

Capital Allocation 2025

CapEx$179.0M
Dividends PaidN/A
Buybacks$11.28B
Debt Repaid$1.50B
Debt Issued$2.00B
Net Change Cash$-2.22B
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