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.

Revenue
+12.9%
EPS
+10.8%
Free cash flow
+14.7%
Total debt
+2.63%

Quarter to August 2026, against a year earlier

243.07 3.37 −1.37%
Market cap
$95.9B
P/E
13.7×
Fwd P/E
13.7×
Dividend yield
—
F-score
7/9
Altman Z
8.51
Beneish M
−2.85
Dividend safety
n/a

Adobe Inc. (ADBE) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Adobe Inc. (ADBE) trades at a P/S ratio of 3.7×. Over the past ten years it has ranged from 3.1× (June 2026) to 22.1× (August 2021); the current reading is higher than 2% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 5.8× (46.07%)
FY2024 10.7× (25.42%)
FY2023 14.4× 56.24%
FY2022 9.2× (54.51%)
FY2021 20.2× 13.18%
FY2020 17.9× 35.79%
FY2019 13.2× (3.45%)
FY2018 13.6× 11.19%
FY2017 12.3× 40.19%
FY2016 8.8× (8.00%)

Quarterly newest first

Period P/S ratio Change
Aug 2026 4.5× 1.86%
May 2026 4.4× (0.05%)
Feb 2026 4.4× (24.41%)
Nov 2025 5.8× (8.26%)
43 more quarters

Against its own ten years

Low 3.1× High 22.1×
Ten-year median 11.2×
Current reading's percentile 2

P/S ratio against peers

Company P/S ratio
UBER Uber Technologies, Inc. compare 2.5×
ADBE Adobe Inc. 3.7×
INTU Intuit Inc. compare 4.6×
ADP Automatic Data Processing, Inc. compare 5.4×
NOW ServiceNow, Inc. compare 6.9×
CDNS Cadence Design Systems, Inc. compare 13.9×
DDOG Datadog, Inc. compare 14.7×
SNOW Snowflake Inc. compare 17.4×
MSTR Strategy Inc compare 105×
Software Application industry median 3.0×
Technology sector median 2.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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