Adobe Inc. (ADBE)
NASDAQ: ADBE · Real-Time Price · USD
241.47
-3.97 (-1.62%)
Apr 27, 2026, 11:35 AM EDT - Market open
Adobe Cash Flow Statement
Financials in millions USD. Fiscal year is December - November.
Millions USD. Fiscal year is Dec - Nov.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 27, 2026 | Nov '25 Nov 28, 2025 | Aug '25 Aug 29, 2025 | May '25 May 30, 2025 | Feb '25 Feb 28, 2025 | Nov '24 Nov 29, 2024 | Aug '24 Aug 30, 2024 | May '24 May 31, 2024 | Mar '24 Mar 1, 2024 | Dec '23 Dec 1, 2023 | Sep '23 Sep 1, 2023 | Jun '23 Jun 2, 2023 | Mar '23 Mar 3, 2023 | Dec '22 Dec 2, 2022 | Sep '22 Sep 2, 2022 | Jun '22 Jun 3, 2022 | Mar '22 Mar 4, 2022 | Dec '21 Dec 3, 2021 | Sep '21 Sep 3, 2021 | Jun '21 Jun 4, 2021 |
Net Income | 1,889 | 1,856 | 1,772 | 1,691 | 1,811 | 1,683 | 1,684 | 1,573 | 620 | 1,483 | 1,403 | 1,295 | 1,247 | 1,176 | 1,136 | 1,178 | 1,266 | 1,233 | 1,212 | 1,116 |
Depreciation & Amortization | 174 | 184 | 208 | 209 | 217 | 218 | 213 | 214 | 212 | 222 | 218 | 220 | 212 | 215 | 216 | 212 | 213 | 205 | 193 | 194 |
Stock-Based Compensation | 509 | 489 | 497 | 481 | 475 | 441 | 474 | 467 | 451 | 427 | 442 | 433 | 416 | 388 | 378 | 352 | 322 | 269 | 280 | 260 |
Other Adjustments | 110 | -219 | -103 | -101.5 | -152 | -154 | -103 | -99 | -110 | -282 | -92 | -107 | -30 | 64 | 118 | 98 | 170 | 94 | -76 | 103 |
Change in Receivables | 252 | -250 | -359 | 237 | 97 | -271 | -190 | 438 | 166 | -376 | -168 | 116 | 269 | -344 | -141 | 96 | 191 | -325 | -66 | 43 |
Changes in Accounts Payable | 3 | 87 | -30 | 35 | -28 | 42 | -43 | 57 | -12 | -2 | -18 | 26 | -55 | 55 | -49 | 54 | 6 | -38 | 19 | 58 |
Changes in Accrued Expenses | -450 | 375 | -103 | 286 | -378 | 358 | -117 | 287 | -332 | 299 | -117 | 287 | -323 | 244 | -50 | 202 | -389 | 209 | -134 | 287 |
Changes in Income Taxes Payable | 371 | -34 | 50 | -426 | 365 | -48 | 29 | -105 | 192 | -760 | 328 | 269 | 152 | 17 | 22 | -56 | 36 | -11 | 39 | -55 |
Changes in Unearned Revenue | 340 | 496 | 200 | -156 | 231 | 353 | 220 | -424 | 160 | 467 | 102 | -96 | 63 | 471 | 67 | -143 | 141 | 482 | 102 | -2 |
Changes in Other Operating Activities | -240 | 311 | 64 | -65 | -156 | 447 | -158 | -468 | -173 | -901 | -225 | -304 | -258 | 50 | 7 | 47 | -187 | -287 | -165 | -16 |
Operating Cash Flow | 2,958 | 3,160 | 2,198 | 2,191 | 2,482 | 2,921 | 2,021 | 1,940 | 1,174 | 1,597 | 1,873 | 2,139 | 1,693 | 2,325 | 1,704 | 2,040 | 1,769 | 2,066 | 1,404 | 1,988 |
Operating Cash Flow Growth | 19.18% | 8.18% | 8.76% | 12.94% | 111.41% | 82.91% | 7.90% | -9.30% | -30.66% | -31.31% | 9.92% | 4.85% | -4.30% | 12.54% | 21.37% | 2.62% | -0.17% | 15.94% | -2.23% | 67.91% |
Capital Expenditures | -37 | -34 | -72 | -47 | -26 | -48 | -57 | -41 | -37 | -47 | -91 | -121 | -101 | -91 | -125 | -126 | -100 | -99 | -95 | -95 |
Purchases of Investments | -306 | -683 | -609 | -209 | -533 | -59 | 0 | - | - | - | - | - | - | -206 | -179 | -236 | -288 | -652 | -242 | -350 |
Proceeds from Sale of Investments | 921 | 489 | 440 | 123.5 | 134 | 109 | 86 | 163 | 141 | 219 | 236 | 447 | 287 | 235 | 210 | 246 | 262 | 229 | 214 | 340 |
Payments for Business Acquisitions | - | 0 | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | -20 | -106 | -1,212 | 0 | 0 |
Other Investing Activities | -104 | -30 | -21 | -136 | -59 | 84 | -76 | -11 | -38 | 181 | 0 | -4 | -30 | 15 | -9 | -2 | -28 | -433 | -10 | -2 |
Investing Cash Flow | 474 | -146 | -279 | -278 | -484 | 19 | -47 | 111 | 66 | 153 | 145 | 322 | 156 | -69 | -103 | -138 | -260 | -1,739 | -133 | -107 |
Long-Term Debt Issued | - | 0 | 0 | 0 | 1,997 | 0 | 0 | 1,997 | - | - | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Repaid | - | 0 | 0 | 0 | -1,500 | - | - | - | - | 0 | 0 | 0 | -500 | - | - | - | - | - | - | - |
Net Long-Term Debt Issued (Repaid) | - | 0 | 0 | 0 | 497 | 0 | 0 | 1,997 | - | 0 | 0 | 0 | -500 | - | - | - | - | - | - | - |
Issuance of Common Stock | 84 | 0 | 252 | 0 | 96 | 0 | 264 | 0 | 97 | 0 | 244 | 1 | 69 | 0 | 187 | 0 | 91 | 1 | 203 | 0 |
Repurchase of Common Stock | -2,478 | -2,474 | -2,057 | -3,500 | -3,250 | -2,500 | -2,500 | -2,500 | -2,000 | -1,000 | -1,000 | -1,000 | -1,400 | -1,750 | -1,200 | -1,200 | -2,400 | -1,000 | -1,000 | -1,000 |
Net Common Stock Issued (Repurchased) | -2,394 | -2,474 | -1,805 | -3,500 | -3,154 | -2,500 | -2,236 | -2,500 | -1,903 | -1,000 | -756 | -999 | -1,331 | -1,750 | -1,013 | -1,200 | -2,309 | -999 | -797 | -1,000 |
Other Financing Activities | -150 | -175 | -71 | -288 | -184 | -153 | -217 | -139 | -225 | -217 | -115 | -81 | -183 | -161 | -47 | -50 | -295 | -79 | -102 | -80 |
Financing Cash Flow | -2,544 | -5,110 | -1,876 | -3,788 | -2,841 | -5,002 | -2,453 | -642 | -2,128 | -1,217 | -871 | -1,080 | -2,014 | -1,911 | -1,060 | -1,250 | -2,604 | -1,078 | -899 | -1,080 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 13 | -10 | 8 | 48 | -12 | -19 | 12 | -3 | 1 | 7 | -2 | 3 | 1 | 21 | -36 | -26 | -10 | -28 | 1 | -3 |
Net Cash Flow | 901 | 449 | 51 | -1,827 | -855 | 420 | -467 | 1,406 | -887 | 540 | 1,145 | 1,384 | -164 | 366 | 505 | 626 | -1,105 | -779 | 373 | 798 |
Free Cash Flow | 2,921 | 3,126 | 2,126 | 2,144 | 2,456 | 2,873 | 1,964 | 1,899 | 1,137 | 1,550 | 1,782 | 2,018 | 1,592 | 2,234 | 1,579 | 1,914 | 1,669 | 1,967 | 1,309 | 1,893 |
Free Cash Flow Growth | 18.93% | 8.81% | 8.25% | 12.90% | 116.01% | 85.36% | 10.21% | -5.90% | -28.58% | -30.62% | 12.86% | 5.43% | -4.61% | 13.57% | 20.63% | 1.11% | -2.57% | 17.15% | -0.08% | 73.99% |
FCF Margin | 45.65% | 50.47% | 35.50% | 36.51% | 42.98% | 51.25% | 36.32% | 35.77% | 21.94% | 30.71% | 36.44% | 41.90% | 34.20% | 49.37% | 35.62% | 43.64% | 39.16% | 47.86% | 33.27% | 49.36% |
Free Cash Flow Per Share | 7.11 | 7.50 | 5.01 | 5.00 | 5.61 | 6.49 | 4.38 | 4.21 | 2.49 | 3.38 | 3.88 | 4.40 | 3.46 | 4.79 | 3.36 | 4.04 | 3.51 | 4.09 | 2.72 | 3.94 |
Levered Free Cash Flow | 2,050 | 3,241 | 2,089 | 1,527 | 2,533 | 3,005 | 1,771 | 3,090 | 630 | 761 | 1,600 | 1,576 | 437 | 2,137 | 1,224 | 1,368 | 986 | 1,694 | 1,171 | 1,487 |
Unlevered Free Cash Flow | 2,047 | 3,239 | 2,078 | 1,533 | 2,020 | 2,976 | 1,730 | 1,056 | 590.93 | 707.68 | 1,563 | 1,556 | 927.64 | 2,128 | 1,246 | 1,397 | 1,016 | 1,722 | 1,191 | 1,503 |
Updated Feb 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.