Skip to main content
logo
Adobe Inc. (ADBE)
NASDAQ: ADBE · Real-Time Price · USD
265.21
+4.97 (1.91%)
At close: Aug 7, 2026, 4:00 PM EDT
264.79
-0.42 (-0.16%)
After-hours: Aug 7, 2026, 7:59 PM EDT

Adobe Cash Flow Statement

Millions USD. Fiscal year is Dec - Nov.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
7,2297,2087,1306,9576,8696,7515,5605,3605,0794,8015,4285,1214,8544,7374,7564,8134,8894,8274,8225,839
Depreciation & Amortization
759775818852857862857861866872872865863855856846823805788773
Stock-Based Compensation
2,0291,9761,9421,8941,8711,8571,8331,8191,7871,7531,7181,6791,6151,5341,4401,3211,2231,1311,0691,033
Other Adjustments
-113-279-464-470-518-521-338-491-478-460-307-16545250450480286291259465.5
Change in Receivables
-241-120-275-296-127741433860-262-159-127-100-120-198-179-104-157-430-186
Changes in Accounts Payable
7295641962844025-6-498-23566-274145-2095
Changes in Accrued Expenses
5710818016314915019613713713714691158737-28-112-2716254
Changes in Income Taxes Payable
-37-39-45-59-8024168-644-34529-1176646013519-9892-79
Changes in Unearned Revenue
8138807716286483803094233056335365405054585365475827231,053881
Changes in Other Operating Activities
-246-174-9026-196-599-616-830-897-733-818-748-516-165-94-185-357-420-475-430
Operating Cash Flow
10,48110,50710,0319,7929,6159,3648,0566,7326,5846,7837,3028,0307,8617,7627,8387,5797,2797,2277,2306,946
Operating Cash Flow Growth (YoY)
9.01%12.21%24.52%45.45%46.04%38.05%10.33%-16.16%-16.25%-12.61%-6.84%5.95%8.00%7.40%8.41%9.11%4.31%17.05%26.24%30.51%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-201-190-179-193-178-172-183-182-216-296-360-404-438-443-442-450-420-389-348-352
Purchases of Investments
-2,088-1,807-2,034-1,410-801-592-59-----206-385-621-909-1,355-1,418-1,532-1,533-1,188
Proceeds from Sale of Investments
3,1229221,30979744324996097591,0431,1891,2051,1799789539479511,0451,0681,125
Cash Acquisitions
---17-17-------00-20-126-1,338-1,338-1,318-2,682-1,470
Other Investing Activities
-1-179-134-199-254-129-108-144-68-61-53-41-50-48-46-44-45-45-42-44
Investing Cash Flow
-1,665-229-1,187-1,022-790-401149283475686776554306-154-570-2,240-2,270-2,239-3,537-1,929

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Long-Term Debt Issued
49301,9971,9971,9973,9941,9971,9971,997----------0
Long-Term Debt Repaid
00-1,500-1,500-1,500-1,500-000-500-500-500-500-----3,147
Net Long-Term Debt Issued (Repaid)
49304974974972,4941,9971,9971,9970-500-500-500-500-----3,147
Issuance of Common Stock
336336348348360360361361341342314314257256278279295295291290
Repurchase of Common Stock
-9,120-10,509-11,281-11,307-11,750-10,750-9,500-8,000-6,500-5,000-4,400-5,150-5,350-5,550-6,550-5,800-5,600-5,400-3,950-3,800
Net Common Stock Issued (Repurchased)
-8,784-10,173-10,933-10,959-11,390-10,390-9,139-7,639-6,159-4,658-4,086-4,836-5,093-5,294-6,272-5,521-5,305-5,105-3,659-3,510
Other Financing Activities
-539-590-624-544-690-541-582-798-696-638-596-540-472-441-553-471-526-556-642-653
Financing Cash Flow
-8,830-10,763-11,060-11,006-11,583-8,437-7,724-6,440-4,858-5,296-5,182-5,876-6,065-6,235-6,825-5,992-5,831-5,661-4,301-4,163

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
259342529-22-91739923-11-40-51-100-63-40-262
Net Cash Flow
-12-426-2,182-2,211-2,7295044725922,2042,1822,9052,7312,0911,333392-753-885-713-634856

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
10,28010,3179,8529,5999,4379,1927,8736,5506,3686,4876,9427,6267,4237,3197,3967,1296,8596,8386,8826,594
Free Cash Flow Growth (YoY)
8.93%12.24%25.14%46.55%48.19%41.70%13.41%-14.11%-14.21%-11.37%-6.14%6.97%8.22%7.03%7.47%8.11%4.00%18.10%29.65%34.27%
FCF Margin
40.80%42.19%41.45%41.41%41.75%41.71%36.61%31.27%31.17%32.54%35.77%40.38%40.28%40.66%42.01%41.47%41.09%42.36%43.60%43.67%
Free Cash Flow Per Share
24.8624.5523.0722.1421.4720.6517.5014.4413.9514.1515.1216.5516.0215.6715.7115.0214.3714.2714.3113.68
Levered Free Cash Flow
8,9398,6639,1468,8908,57210,1358,2327,1226,9515,4375,2445,7395,3635,1555,7045,5075,4545,5735,9849,928
Unlevered Free Cash Flow
8,4298,6538,6268,3447,9977,5186,0834,9494,7835,2835,6256,1635,8465,6875,7755,6165,5615,6676,0666,869
SEC Filings: 10-K · 10-Q