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.

245.20 6.47 −2.57%
Market cap
$98.0B
P/E
13.7×
Fwd P/E
13.8×
Dividend yield
—
F-score
7/9
Altman Z
8.51
Beneish M
−2.85
Dividend safety
n/a

Adobe Inc. (ADBE) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Adobe Inc. (ADBE) trades at a EV/Sales of 3.8×. Over the past ten years it has ranged from 3.1× (June 2026) to 22.0× (August 2021); the current reading is higher than 2% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.7×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 5.8× (45.10%)
FY2024 10.6× (25.04%)
FY2023 14.2× 55.82%
FY2022 9.1× (54.84%)
FY2021 20.1× 13.50%
FY2020 17.7× 34.77%
FY2019 13.2× (4.17%)
FY2018 13.7× 17.15%
FY2017 11.7× 41.98%
FY2016 8.3× (9.00%)

Quarterly newest first

Period EV/Sales Change
Aug 2026 4.5× 1.56%
May 2026 4.4× 1.50%
Feb 2026 4.3× (25.48%)
Nov 2025 5.8× (8.61%)
43 more quarters

Against its own ten years

Low 3.1× High 22.0×
Ten-year median 11.0×
Current reading's percentile 2

EV/Sales against peers

Company EV/Sales
UBER Uber Technologies, Inc. compare 2.7×
ADBE Adobe Inc. 3.8×
INTU Intuit Inc. compare 4.2×
ADP Automatic Data Processing, Inc. compare 5.4×
NOW ServiceNow, Inc. compare 10.1×
CDNS Cadence Design Systems, Inc. compare 15.2×
SNOW Snowflake Inc. compare 19.6×
DDOG Datadog, Inc. compare 21.2×
MSTR Strategy Inc compare 105×
Software Application industry median 2.6×
Technology sector median 2.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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