Adobe
$237.69Change from previous close: −1.49%Absolute change: −$3.59
At a glance
- Revenue growth
- +10.53%
- FY to Nov 2025 vs FY to Nov 2024
- Net income growth
- +28.24%
- FY to Nov 2025 vs FY to Nov 2024
- Net margin
- 30.0%
- FY to Nov 2024: 25.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q to Aug 2026 | Q to May 2026 | Q to Feb 2026 | Q to Nov 2025 | Q to Aug 2025 | Q to May 2025 | Q to Feb 2025 | Q to Nov 2024 | Q to Aug 2024 | Q to May 2024 | Q to Feb 2024 | Q to Nov 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,523 | 2,165 | 2,958 | 3,160 | 2,198 | 2,191 | 2,482 | 2,921 | 2,021 | 1,940 | 1,174 | 1,597 |
| Depreciation and amortization | 215 | 193 | 174 | -98.0 | 208 | 209 | 217 | -54.0 | 213 | 214 | 212 | -32.0 |
| Capital expenditure | -85.0 | -58.0 | -37.0 | -34.0 | -72.0 | -47.0 | -26.0 | -48.0 | -57.0 | -41.0 | -37.0 | -47.0 |
| Investing cash flow | -668 | -1,714 | 474 | -146 | -279 | -278 | -484 | 19.0 | -47.0 | 111 | 66.0 | 153 |
| Financing cash flow | -2,415 | -1,855 | -2,544 | -2,555 | -1,876 | -3,788 | -2,841 | -2,501 | -2,453 | -642 | -2,128 | -1,217 |
| Share repurchases | -2,324 | -2,202 | -2,601 | -2,568 | -2,167 | -3,612 | -3,409 | -2,652 | -2,668 | -2,635 | -2,222 | -1,202 |
| Debt issued | — | 493 | — | — | — | — | 1,997 | — | — | 1,997 | — | — |
| Debt repaid | -250 | — | — | — | — | — | -1,500 | — | — | — | — | — |
| Effect of exchange rates | — | -9.0 | 13.0 | -10.0 | 8.0 | 48.0 | -12.0 | -19.0 | 12.0 | -3.0 | 1.0 | 7.0 |
| Net change in cash | -560 | -1,413 | 901 | 449 | 51.0 | -1,827 | -855 | 420 | -467 | 1,406 | -887 | 540 |
| Free cash flow | 2,438 | 2,107 | 2,921 | 3,126 | 2,126 | 2,144 | 2,456 | 2,873 | 1,964 | 1,899 | 1,137 | 1,550 |
| Levered free cash flow | 2,073 | 1,828 | 2,564 | 2,881 | 1,946 | 1,931 | 2,048 | 2,579 | 1,766 | 1,965 | 1,644 | 1,244 |