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    Adobe Inc. (ADBE)

    Official site

    TECHNOLOGY • SOFTWARE - APPLICATION • NASDAQ

    $251.67
    +10.99 (+4.57%)

    Market Cap: $95.43B

    Last updated: Oct 19, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    95%(38/40)
    Avg Surprise
    +3.88%

    Upcoming Estimates

    Period ending Nov 30, 2026
    EPS Consensus$6.71
    Range$6.68 - $6.83
    34 analysts
    Revenue Consensus
    $7.2B
    Range$7.1B - $7.3B
    34 analysts
    Period ending Feb 28, 2027
    EPS Consensus$6.76
    Range$6.28 - $7.32
    26 analysts
    EPS Revisions
    11
    0
    7d
    11
    12
    30d
    EPS Estimate DriftChange to current
    90d ago$6.73+0.4%
    60d ago$6.74+0.3%
    30d ago$6.74+0.3%
    7d ago$6.760.0%
    Current$6.76
    Revenue Consensus
    $7.0B
    Range$6.9B - $7.6B
    22 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Feb 27EST
    -$6.76---
    Nov 26EST
    -$6.71---
    Aug 26
    Reported Sep 10
    $4.75$4.86-2.26%Miss-10.5%
    May 26
    Reported Jun 11
    $5.96$5.81+2.58%Beat+17.8%
    Feb 26
    Reported Mar 12
    $6.06$5.87+3.24%Beat+41.6%
    Nov 25
    Reported Dec 10
    $5.50$5.40+1.85%Beat+14.3%
    Aug 25
    Reported Sep 11
    $5.31$5.18+2.51%Beat+14.2%
    May 25
    Reported Jun 12
    $5.06$4.97+1.81%Beat+12.9%
    Feb 25
    Reported Mar 12
    $4.28$4.07+5.16%Beat-4.5%
    Nov 24
    Reported Dec 11
    $4.81$4.67+3.00%Beat+12.6%
    Aug 24
    Reported Sep 12
    $4.65$4.54+2.42%Beat+13.4%
    May 24
    Reported Jun 13
    $4.48$4.40+1.82%Beat+14.6%
    Feb 24
    Reported Mar 14
    $4.48$4.38+2.28%Beat+17.9%
    Nov 23
    Reported Dec 13
    $4.27$4.14+3.14%Beat+18.6%
    Aug 23
    Reported Sep 14
    $4.10$3.98+3.02%Beat+20.6%
    May 23
    Reported Jun 15
    $3.91$3.79+3.17%Beat+16.7%
    Feb 23
    Reported Mar 15
    $3.80$3.68+3.26%Beat+12.8%
    Nov 22
    Reported Dec 15
    $3.60$3.50+2.86%Beat+12.5%
    Aug 22
    Reported Sep 15
    $3.40$3.34+1.80%Beat+9.3%
    May 22
    Reported Jun 16
    $3.35$3.31+1.21%Beat+10.6%
    Feb 22
    Reported Mar 22
    $3.37$3.34+0.90%Beat+7.3%
    Nov 21
    Reported Dec 16
    $3.20$3.20+0.00%Beat+13.9%
    Aug 21
    Reported Sep 21
    $3.11$3.02+2.98%Beat+21.0%
    May 21
    Reported Jun 17
    $3.03$2.82+7.45%Beat+23.7%
    Feb 21
    Reported Mar 23
    $3.14$2.79+12.54%Beat+38.3%
    Nov 20
    Reported Dec 10
    $2.81$2.66+5.64%Beat+22.7%
    Aug 20
    Reported Sep 15
    $2.57$2.41+6.64%Beat+25.4%
    May 20
    Reported Jun 11
    $2.45$2.32+5.60%Beat+33.9%
    Feb 20
    Reported Mar 12
    $2.27$2.23+1.79%Beat+32.7%
    Nov 19
    Reported Dec 12
    $2.29$2.26+1.33%Beat+25.1%
    Aug 19
    Reported Sep 17
    $2.05$1.97+4.06%Beat+18.5%
    May 19
    Reported Jun 18
    $1.83$1.78+2.81%Beat+10.2%
    Feb 19
    Reported Mar 14
    $1.71$1.62+5.56%Beat+10.3%
    Nov 18
    Reported Dec 13
    $1.83$1.84-0.54%Miss+45.2%
    Aug 18
    Reported Sep 13
    $1.73$1.69+2.37%Beat+57.3%
    May 18
    Reported Jun 14
    $1.66$1.54+7.79%Beat+62.7%
    Feb 18
    Reported Mar 15
    $1.55$1.44+7.64%Beat+64.9%
    Nov 17
    Reported Dec 14
    $1.26$1.16+8.62%Beat+40.0%
    Aug 17
    Reported Sep 19
    $1.10$1.01+8.91%Beat-
    May 17
    Reported Jun 20
    $1.02$0.95+7.37%Beat-
    Feb 17
    Reported Mar 16
    $0.94$0.87+8.05%Beat-
    Nov 16
    Reported Dec 15
    $0.90$0.86+4.65%Beat-

    Dividends

    Dividend Metrics

    Forward Yield0.00%
    Forward Annual Dividend$0.00
    Payout Ratio0.00%
    No dividend payments in the selected period.

    Key Metrics

    Valuation
    P/E Ratio11.30EV/EBITDA10.01x
    Price/FCF9.39xFCF Yield10.65%
    Profitability
    Profit Margin28.10%Operating Margin34.80%
    ROE61.90%ROIC40.55%
    Financial Health
    Debt/Equity0.54xInterest Coverage34.05x
    Current Ratio0.77xQuick Ratio0.77x
    Trading Statistics
    Beta1.42Avg Volume4.78M
    52-Week High$363.7052-Week Low$190.12

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$239.75
    SMA 20$239.73
    SMA 50$256.84
    SMA 200$254.75
    EMA 10$241.42
    EMA 20$243.20
    EMA 50$247.61
    EMA 200$263.22

    MACD

    Line: -3.36Signal: -5.14Hist: 1.78

    ADX

    ADX: 19.1+DI: 28.5-DI: 26.4

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down48.0
    PSAR$228.99

    Bollinger Bands

    Upper Band$250.45
    Lower Band$229.01
    %B Position894%(Upper)
    Band Width1.06

    RSI (14-Day)

    Neutral
    55.4

    Momentum Oscillators

    Stoch %K69.3
    Stoch %D60.7
    Williams %R-8.9
    ROC (10d)4.3%
    Momentum10.39
    CCI (20d)173.6
    MFI (14d)58.1

    Volatility Measures

    ATR (14d)$8.64(3.4%)
    StdDev (20d)5.36
    Hist Vol34.1%(Moderate)

    Volume Flow

    VWAP$249.81
    OBV-59.5M
    AD Line1.8M
    CMF (20d)0.075

    Volume Metrics

    Avg Vol (20d)4.8M
    Vol Ratio1.4x
    VWMA (20d)$240.53

    Pivot Points

    R3$248.00
    R2$244.63
    R1$242.65
    Pivot Point$239.28
    S1$237.30
    S2$233.93
    S3$231.95

    Advanced Oscillators

    TSI-10.60
    Ultimate Osc61.9
    KST-82.95

    Financial Data

    QuarterAug 2026May 2026Feb 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024Aug 2024May 2024Feb 2024Nov 2023
    Total Revenue$6.76B$6.62B$6.40B$6.19B$5.99B$5.87B$5.71B$5.61B$5.41B$5.31B$5.18B$5.05B
    Cost of Revenue$763.00M$715.00M$664.00M$649.00M$642.00M$638.00M$622.00M$616.00M$554.00M$598.00M$590.00M$634.00M
    Gross Profit$6.00B$5.90B$5.73B$5.54B$5.35B$5.24B$5.09B$4.99B$4.85B$4.71B$4.59B$4.41B
    Operating Expenses$3.64B$3.67B$3.32B$3.28B$3.17B$3.13B$2.93B$3.03B$2.86B$2.83B$3.69B$2.67B
    R&D$1.29B$1.20B$1.11B$1.10B$1.09B$1.08B$1.03B$999.00M$1.02B$984.00M$939.00M$889.00M
    SG&A$488.00M$546.00M$463.00M$421.00M$408.00M$377.00M$367.00M$456.00M$366.00M$355.00M$352.00M$372.00M
    Operating Income$2.35B$2.24B$2.42B$2.26B$2.17B$2.11B$2.16B$1.96B$1.99B$1.89B$907.00M$1.74B
    Interest Income$21.00M$18.00M$5.00M$12.00M$23.00M$2.00M$6.00M$14.00M$12.00M$4.00M$18.00M$4.00M
    Interest Expense$66.00M$65.00M$0$66.00M$67.00M$68.00M$0$50.00M$51.00M$41.00M$27.00M$28.00M
    Income Before Tax$2.36B$2.24B$2.42B$2.26B$2.19B$2.10B$2.18B$1.99B$2.04B$1.93B$968.00M$1.81B
    Income Tax Expense$530.00M$526.00M$533.00M$408.00M$415.00M$410.00M$371.00M$308.00M$358.00M$357.00M$348.00M$325.00M
    Net Income$1.83B$1.71B$1.89B$1.86B$1.77B$1.69B$1.81B$1.68B$1.68B$1.57B$620.00M$1.48B
    EBITDA$2.62B$2.48B$2.59B$2.44B$2.44B$2.38B$2.38B$2.25B$2.29B$2.18B$1.19B$2.05B
    EBIT$2.40B$2.29B$2.42B$2.26B$2.23B$2.17B$2.16B$2.03B$2.08B$1.97B$977.00M$1.83B
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $0
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    1
    New Awards (TTM)
    1
    Avg Remaining Term
    1.5 mo

    Recent Awards

    Award IDAgencyObligatedStart
    95170025M0129U.S. Agency for Global MediaU.S. Agency for Global Media$22546Sep 29, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    ADBE Valuation and Fair Value

    P/E
    11.3x
    Forward P/E
    8.7x
    EV/EBITDA
    10.0x
    P/FCF
    9.4x
    PEG
    0.6x
    P/B
    8.5x
    See GNG's fair value

    ADBE Profitability: Margins, ROIC and FCF

    Gross margin
    89.3%
    Operating margin
    34.8%
    Net margin
    28.1%
    ROIC
    40.6%
    ROE
    61.9%
    FCF margin
    40.8%
    FCF yield
    10.7%

    ADBE Analyst Ratings

    Consensus
    Hold
    Analysts
    39
    Strong Buy
    4
    Buy
    7
    Hold
    23
    Sell
    4
    Strong Sell
    1

    ADBE Bull Case vs Bear Case

    Bull case

    • ADBE earns a 40.6% return on invested capital.
    • ADBE converts 40.8% of revenue into free cash flow.
    • ADBE has a 28.1% net profit margin.

    ADBE Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    2.2%
    EPS estimate (fiscal period ending Nov 30, 2026)
    $6.71

    ADBE Dividend

    Forward yield
    0.0%
    Payout ratio
    0.0%

    Frequently Asked Questions About ADBE

    Does ADBE pay dividends?

    Adobe Inc. (ADBE) has a dividend payment track record. See the ADBE dividend history page for its current payment status, TTM yield, and recorded payments.

    What is ADBE's P/E ratio?

    Adobe Inc. has a price-to-earnings (P/E) ratio of 11.30.

    What is ADBE's market cap?

    Adobe Inc. (ADBE) has a market capitalization of $95.43B with a current stock price of $251.67.

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