# Adobe Inc.: overview

ADBE · Nasdaq · CIK 796343 · [Technology](/sectors/technology.md) · fiscal year ends Nov 27

Pages: [Overview](/companies/adbe.md) · [Financials](/companies/adbe/financials.md) · [Filings](/companies/adbe/filings.md) · [Insiders](/companies/adbe/insiders.md)

Latest reported revenue: [$6.76bn](/filings/0000796343-26-000156.md) for Q3 FY2026, three months to 2026-08-28, from the 10-Q filed Sep 22, 2026 (XBRL us-gaap:Revenues, accession 0000796343-26-000156).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-11-29) | Q1 FY2025 (2025-02-28) | Q2 FY2025 (2025-05-30) | Q3 FY2025 (2025-08-29) | Q4 FY2025 (2025-11-28) | Q1 FY2026 (2026-02-27) | Q2 FY2026 (2026-05-29) | Q3 FY2026 (2026-08-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [5,606 d](/filings/0000796343-26-000003.md) | [5,714](/filings/0000796343-26-000056.md) | [5,873](/filings/0000796343-26-000112.md) | [5,988](/filings/0000796343-26-000156.md) | [6,194 d](/filings/0000796343-26-000003.md) | [6,398](/filings/0000796343-26-000056.md) | [6,618](/filings/0000796343-26-000112.md) | [6,760](/filings/0000796343-26-000156.md) |
| Gross margin | % | [89.0% d](/filings/0000796343-26-000003.md) | [89.1%](/filings/0000796343-26-000056.md) | [89.1%](/filings/0000796343-26-000112.md) | [89.3%](/filings/0000796343-26-000156.md) | [89.5% d](/filings/0000796343-26-000003.md) | [89.6%](/filings/0000796343-26-000056.md) | [89.2%](/filings/0000796343-26-000112.md) | [88.7%](/filings/0000796343-26-000156.md) |
| Operating margin | % | [34.9% d](/filings/0000796343-26-000003.md) | [37.9%](/filings/0000796343-26-000056.md) | [35.9%](/filings/0000796343-26-000112.md) | [36.3%](/filings/0000796343-26-000156.md) | [36.5% d](/filings/0000796343-26-000003.md) | [37.8%](/filings/0000796343-26-000056.md) | [33.8%](/filings/0000796343-26-000112.md) | [34.8%](/filings/0000796343-26-000156.md) |
| Net margin | % | [30.0% d](/filings/0000796343-26-000003.md) | [31.7%](/filings/0000796343-26-000056.md) | [28.8%](/filings/0000796343-26-000112.md) | [29.6%](/filings/0000796343-26-000156.md) | [30.0% d](/filings/0000796343-26-000003.md) | [29.5%](/filings/0000796343-26-000056.md) | [25.9%](/filings/0000796343-26-000112.md) | [27.0%](/filings/0000796343-26-000156.md) |
| Diluted EPS | $ per share | not reported | [4.14](/filings/0000796343-26-000056.md) | [3.94](/filings/0000796343-26-000112.md) | [4.18](/filings/0000796343-26-000156.md) | not reported | [4.60](/filings/0000796343-26-000056.md) | [4.25](/filings/0000796343-26-000112.md) | [4.62](/filings/0000796343-26-000156.md) |
| Free cash flow | $m | [2,873 d](/filings/0000796343-26-000003.md) | [2,456](/filings/0000796343-26-000056.md) | [2,144 d](/filings/0000796343-26-000112.md) | [2,126 d](/filings/0000796343-26-000156.md) | [3,126 d](/filings/0000796343-26-000003.md) | [2,921](/filings/0000796343-26-000056.md) | [2,107 d](/filings/0000796343-26-000112.md) | [2,438 d](/filings/0000796343-26-000156.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-03) | FY2022 (2022-12-02) | FY2023 (2023-12-01) | FY2024 (2024-11-29) | FY2025 (2025-11-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [15.8](/filings/0000796343-24-000006.md) | [17.6](/filings/0000796343-25-000004.md) | [19.4](/filings/0000796343-26-000003.md) | [21.5](/filings/0000796343-26-000003.md) | [23.8](/filings/0000796343-26-000003.md) |
| Gross margin | % | [88.2%](/filings/0000796343-24-000006.md) | [87.7%](/filings/0000796343-25-000004.md) | [87.9%](/filings/0000796343-26-000003.md) | [89.0%](/filings/0000796343-26-000003.md) | [89.3%](/filings/0000796343-26-000003.md) |
| Operating margin | % | [36.8%](/filings/0000796343-24-000006.md) | [34.6%](/filings/0000796343-25-000004.md) | [34.3%](/filings/0000796343-26-000003.md) | [31.3%](/filings/0000796343-26-000003.md) | [36.6%](/filings/0000796343-26-000003.md) |
| Net margin | % | [30.5%](/filings/0000796343-24-000006.md) | [27.0%](/filings/0000796343-25-000004.md) | [28.0%](/filings/0000796343-26-000003.md) | [25.9%](/filings/0000796343-26-000003.md) | [30.0%](/filings/0000796343-26-000003.md) |
| Diluted EPS | $ per share | [10.02](/filings/0000796343-24-000006.md) | [10.10](/filings/0000796343-25-000004.md) | [11.82](/filings/0000796343-26-000003.md) | [12.36](/filings/0000796343-26-000003.md) | [16.70](/filings/0000796343-26-000003.md) |
| Free cash flow | $bn | [6.9](/filings/0000796343-24-000006.md) | [7.4](/filings/0000796343-25-000004.md) | [6.9](/filings/0000796343-26-000003.md) | [7.9](/filings/0000796343-26-000003.md) | [9.9](/filings/0000796343-26-000003.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/adbe/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $8.44bn | 41,156,085 |  | Added +346,145 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $5.41bn | 26,405,210 |  | Reduced −274,761 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $4.21bn | 20,515,508 |  | Added +602,321 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $3.00bn | 14,654,959 |  | Added +9,083,414 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $2.38bn | 11,615,763 |  | Reduced −111,125 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.92bn | 9,363,848 |  | Reduced −608,784 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $1.61bn | 7,834,600 | Call | Added +1,464,900 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $1.39bn | 6,787,022 |  | Reduced −5,253 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $1.12bn | 5,472,200 | Put | Added +983,200 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $1.11bn | 5,390,521 |  | Reduced −286,412 |

## Recent filings

[All 1,916 filings](/companies/adbe/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-22 | 20:04 ET | [10-Q](/filings/0000796343-26-000156.md) | Quarterly report, period 2026-08-28 | 0000796343-26-000156 |
| 2026-09-10 | 20:06 ET | [8-K](/filings/0000796343-26-000147.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000796343-26-000147 |
| 2026-09-08 | 20:38 ET | [8-K](/filings/0000796343-26-000144.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000796343-26-000144 |
| 2026-07-17 | 20:14 ET | [8-K](/filings/0000796343-26-000120.md) | 5.02 Departure or appointment of officers or directors | 0000796343-26-000120 |
| 2026-06-15 | 10:04 ET | [10-Q](/filings/0000796343-26-000112.md) | Quarterly report, period 2026-05-29 | 0000796343-26-000112 |
| 2026-06-11 | 20:08 ET | [8-K](/filings/0000796343-26-000109.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000796343-26-000109 |
| 2026-04-21 | 20:07 ET | [8-K](/filings/0000796343-26-000101.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0000796343-26-000101 |
| 2026-03-25 | 20:05 ET | [10-Q](/filings/0000796343-26-000056.md) | Quarterly report, period 2026-02-27 | 0000796343-26-000056 |
| 2026-03-12 | 20:09 ET | [8-K](/filings/0000796343-26-000048.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000796343-26-000048 |
| 2026-02-27 | 21:04 ET | [DEF 14A](/filings/0000796343-26-000043.md) | Proxy statement, period 2026-04-15 | 0000796343-26-000043 |

## Latest annual report

[Form 10-K for the fiscal year ended Nov 28, 2025](/filings/0000796343-26-000003.md), filed Jan 15, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 796343
- Tickers: ADBE
- Exchange: Nasdaq
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:24 ET. No prices; not investment advice.