Adobe (ADBE) Capital Expenditures (2009 - 2026)
Adobe (ADBE) reported Capital Expenditures of $85 million for fiscal Q3 2026 (quarter ended Aug 28, 2026), up 18.1% from $72 million a year earlier and up 46.6% from the prior quarter.
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Analysis
Adobe (ADBE) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 28, 2026, Adobe's Capital Expenditures came in at $214 million, up 10.9% year-over-year; for FY2025 (ended Nov 28, 2025), it was $179 million, down 2.2% from FY2024.
- Capital Expenditures has declined for three consecutive fiscal years, with a five-year compound annual growth rate of -15.6% (FY2020 to FY2025).
- By fiscal year, Capital Expenditures came in at $183 million in FY2024 (-49.2%), $360 million in FY2023 (-18.6%), $442 million in FY2022 (+27.0%) and $348 million in FY2021 (-16.9%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Capital Expenditures since fiscal Q3 2023.
- Year over year, Capital Expenditures has now increased in each of the last three quarters, with growth averaging 8.5% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was fiscal Q1 2022 (growth of 69.5%); the low point was fiscal Q2 2024 (a decline of 66.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $58 million (Q2 2026), $37 million (Q1 2026) and $34 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 99.39 Bn | 74.64 Bn | 6.00 Bn | 85.00 Mn |
| 2 | Atlassian | 56.40 Bn | 49.68 Bn | 1.53 Bn | 4.45 Mn |
| 3 | Autodesk | 51.55 Bn | 39.59 Bn | 1.87 Bn | 14.00 Mn |
| 4 | Twilio | 41.87 Bn | 31.94 Bn | 725.87 Mn | 3.07 Mn |
| 5 | Zoom Communications | 28.87 Bn | -1.92 Bn | 985.50 Mn | - |
| 6 | Figma | 12.14 Bn | 5.65 Bn | 309.61 Mn | - |
| 7 | Dropbox | 8.22 Bn | 3.86 Bn | 506.50 Mn | 3.30 Mn |
| 8 | Nice | 7.17 Bn | 5.64 Bn | 995.81 Mn | -17.21 Mn |
| 9 | RingCentral | 6.72 Bn | 6.21 Bn | 472.31 Mn | 10.59 Mn |
| 10 | Open Text | 6.42 Bn | 1.85 Bn | 1.01 Bn | 63.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 28, 2026 | 85.00 Mn |
| May 29, 2026 | 58.00 Mn |
| Feb 27, 2026 | 37.00 Mn |
| Nov 28, 2025 | 34.00 Mn |
| Aug 29, 2025 | 72.00 Mn |
| May 30, 2025 | 47.00 Mn |
| Feb 28, 2025 | 26.00 Mn |
| Nov 29, 2024 | 48.00 Mn |
| Aug 30, 2024 | 57.00 Mn |
| May 31, 2024 | 41.00 Mn |
| Mar 1, 2024 | 37.00 Mn |
| Dec 1, 2023 | 47.00 Mn |
| Sep 1, 2023 | 91.00 Mn |
| Jun 2, 2023 | 121.00 Mn |
| Mar 3, 2023 | 101.00 Mn |
| Dec 2, 2022 | 91.00 Mn |
| Sep 2, 2022 | 125.00 Mn |
| Jun 3, 2022 | 126.00 Mn |
| Mar 4, 2022 | 100.00 Mn |
| Dec 3, 2021 | 99.00 Mn |
API Access
Adobe Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ADBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ADBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();