StonkScan
OverviewRevenueFinancialsValuationOutlookOwnership
Price
Performance · vs S&P 500
Company
Adobe Inc.
NASDAQ · USD
Large cap
0.35× peer median
0.27× peer median
40% more volatile
Claude reads this page's data and writes up Adobe Inc.'s financials, valuation and analyst coverage: built only from the figures here, with nothing pulled in from elsewhere.
Generated by an AI model from the data on this page. It can be wrong, and it isn't investment advice or a recommendation to buy or sell anything. Check every figure against the sections themselves before you rely on it.
$10.2B of current assets against $10.2B due within a year: a shortfall of $37M.
Liquidity · FY25
36.8% in FY21 to 36.6% in FY25.
Profitability · FY25
$15.8B in FY21 to $23.8B in FY25, with the latest year up 10.5%.
Growth · FY25
Free cash flow of $9.9B covers the business without outside capital, on $6.6B of cash and short-term investments.
Liquidity · FY25
$6.6B of cash and short-term investments against $6.2B of total debt.
Liquidity · FY25
$23.8B of revenue against $15.1B of operating costs, leaving $8.7B.
Profitability · FY25
$38.9B of free cash flow against $27.7B of net income across 5 fiscal years.
Quality · FY25
Revenue came in above consensus by 1.8% on average over the last four reports.
Quality · Jun '26
Adobe chose a corporate insider as its next leader, but not the one that many investors were anticipating, according to an analyst.
Anil Chakravarthy has led Adobe's customer experience arm for the past six years and has led the development of several of the company's AI products.
Adobe announced Anil Chakravarthy as its next CEO, replacing Shantanu Narayen, who announced his departure last March. In this article ADBE
SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq: ADBE) — Adobe's Board of Directors today announced that Anil Chakravarthy, president of Adobe's Customer Experience Orchestration business and worldwide field operations, will become Adobe's next president and chief executive officer and join the Board of Directors effective December 1, 2026. Shantanu Narayen will transition to executive chair and work closely with Chakravarthy to ensure a smooth transition and support Adobe's ongoing transforma.
B. Metzler seel. Sohn and Co. AG trimmed its holdings in Adobe Inc. (NASDAQ: ADBE) by 14.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 44,501 shares of the software company's stock after selling 7,821 shares during the period.
Adobe just posted record AI revenue while its stock trades near multi-year lows, and Wall Street's cautious consensus may be missing what happens when freemium conversions finally kick in.
Average month-end to month-end move for ADBEin each calendar month. Point at a bar for that month's spread: past seasonality is a tendency in a small sample, not a forecast.
+$2.3B vs FY24
FY24 → FY25
FY21 → FY25, annualized
+11.5% vs the four before
Q2 FY26 · +12.7% YoY
Share of the latest fiscal year, largest first. The line is the segment across every fiscal year we have: hover it to read one.
What each segment added to or took off the top line in dollars: ranked by the size of the move, not its percentage.
+10.5% YoY
−0.4 pp YoY
+5.3 pp YoY
+28.2% YoY
+4.1 pp YoY
+34.5% YoY
+25.9% YoY
−82.9% YoY
| $ billions | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Cash & equivalents | 5.4 | 7.6 | 7.1 | 4.2 | 3.8 |
| Short-term investments | 1.2 | 0.3 | 0.7 | 1.9 | 2.0 |
| Receivables | 2.3 | 2.1 | 2.2 | 2.1 | 1.9 |
| $ billions | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Operating cash flow | 10.0 | 8.1 | 7.3 | 7.8 | 7.2 |
| Capital expenditure | −0.2 | −0.2 | −0.4 | −0.4 | −0.3 |
| Free cash flow | 9.9 | 7.8 | 6.9 |
P/E vs EPS growth · below the channel = cheaper for its growth
P/S vs revenue growth · below the channel = cheaper for its growth
| Ticker | P/E | Fwd P/E | PEG | P/S | Fwd P/S | PSG | EPS gr | Rev gr |
|---|---|---|---|---|---|---|---|---|
| ADBE | 16.3 | 11.7 | 0.50 | 4.5 | 4.3 | 0.43 | 23% | 10% |
| DELL | 29.4 | 20.3 | 0.34 | 2.3 | 1.8 | 0.06 | 59% | 32% |
| PANW | 721.6 | 79.3 | 0.61 | 23.6 | 19.1 | 1.14 | 130% | 17% |
| TXN | 38.4 | 29.8 | 0.99 | 11.9 | 10.6 | 0.66 | 30% | 16% |
| KLAC | 46.9 | 31.5 | 1.08 | 16.6 | 12.5 | 0.57 | 29% | 22% |
| CRWD | 6107.1 | 171.6 | - | 40.6 | 36.5 | 1.59 | 0% | 23% |
Dots = reported EPS vs consensus · gap = surprise · dashed = estimate ($)
Solid = reported · dashed = forward consensus · shaded = analyst low–high ($B)
Rows: discount rate (r) · Columns: terminal growth (g∞) · cell = fair value, shaded by up/downside vs 286.
Last 12M · $2M bought · $0M sold · net +$2M
| Inventory |
|---|
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| Total current assets | 10.2 | 11.2 | 11.1 | 9.0 | 8.7 |
|---|
| Property, plant & equipment | 2.2 | 2.2 | 2.4 | 2.3 | 2.1 |
|---|
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|---|
| Other non-current assets | 17.1 | 16.8 | 16.3 | 15.9 | 16.5 |
|---|
| Total assets | 29.5 | 30.2 | 29.8 | 27.2 | 27.2 |
|---|
| Accounts payable | 0.4 | 0.4 | 0.3 | 0.4 | 0.3 |
|---|
| Short-term debt | 0.0 | 1.5 | 0.0 | 0.5 | 0.0 |
|---|
| Total current liabilities | 10.2 | 10.5 | 8.3 | 8.1 | 6.9 |
|---|
| Long-term debt | 6.2 | 4.1 | 3.6 | 3.6 | 4.1 |
|---|
| Total liabilities | 17.9 | 16.1 | 13.3 | 13.1 | 12.4 |
|---|
| Shareholders’ equity | 11.6 | 14.1 | 16.5 | 14.1 | 14.8 |
|---|
Fiscal year · latest five reported years
| 7.4 |
| 6.9 |
| Investing cash flow | −1.2 | 0.1 | 0.8 | −0.6 | −3.5 |
|---|
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|---|
| Share buybacks | −11.3 | −9.5 | −4.4 | −6.5 | −4.0 |
|---|
| Net debt issued / (repaid) | 0.5 | 2.0 | −0.5 | 0.0 | 0.0 |
|---|
| Financing cash flow | −11.1 | −7.7 | −5.2 | −6.8 | −4.3 |
|---|
| Net change in cash | −2.2 | 0.5 | 2.9 | 0.4 | −0.6 |
|---|
Fiscal year · outflows shown negative