Adobe Inc.
ADBE Technology Software Application
Adobe Inc.’s revenue for fiscal 2025 (year ended November 2025) was $23.8 billion, up 10.5% from fiscal 2024. In the quarter to August 2026, revenue grew 12.9%, EPS grew 10.8%, free cash flow grew 14.7% and total debt rose 2.63%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years; insiders bought in the last twelve months.
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Adobe Inc. (ADBE) Debt to equity
Adobe Inc.'s debt to equity at the end of the quarter to 31 August 2026 was 0.5×, up 0.0× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.2× (fiscal 2017) to 0.5× (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.5× | 33.91% |
| FY2024 | 0.4× | 77.81% |
| FY2023 | 0.2× | (23.65%) |
| FY2022 | 0.3× | 3.05% |
| FY2021 | 0.3× | (10.12%) |
| FY2020 | 0.3× | (19.26%) |
| FY2019 | 0.4× | (10.80%) |
| FY2018 | 0.4× | 98.11% |
| FY2017 | 0.2× | (12.72%) |
| FY2016 | 0.3× | (6.46%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Aug 2026 | 0.5× | (6.24%) |
| May 2026 | 0.6× | 5.91% |
| Feb 2026 | 0.5× | 1.95% |
| Nov 2025 | 0.5× | 1.42% |
| 44 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| MSTR Strategy Inc compare | 0.2× |
| DDOG Datadog, Inc. compare | 0.2× |
| INTU Intuit Inc. compare | 0.3× |
| CDNS Cadence Design Systems, Inc. compare | 0.4× |
| UBER Uber Technologies, Inc. compare | 0.5× |
| ADBE Adobe Inc. | 0.5× |
| NOW ServiceNow, Inc. compare | 0.6× |
| ADP Automatic Data Processing, Inc. compare | 0.8× |
| SNOW Snowflake Inc. compare | 1.1× |
| Software Application industry median | 0.0× |
| Technology sector median | 0.1× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on ADBE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement