Adobe (ADBE) Free Cash Flow (2009 - 2026)
Adobe's Free Cash Flow came in at $2.44 billion for fiscal Q3 2026 (quarter ended Aug 28, 2026), up 14.7% from $2.13 billion a year earlier and up 15.7% from the prior quarter.
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Analysis
Adobe (ADBE) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 28, 2026, Adobe reported Free Cash Flow of $10.59 billion, up 10.3% year-over-year; for FY2025 (ended Nov 28, 2025), it came in at $9.85 billion, up 25.1% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 13.2% (FY2020 to FY2025).
- Going back by fiscal year, Free Cash Flow was $7.87 billion in FY2024 (+13.4%), $6.94 billion in FY2023 (-6.1%), $7.4 billion in FY2022 (+7.5%) and $6.88 billion in FY2021 (+29.7%).
- The five-year range for quarterly Free Cash Flow is $1.14 billion (fiscal Q1 2024) to $3.13 billion (fiscal Q4 2025).
- Year-over-year, Free Cash Flow increased in seven of the last eight quarters, with growth averaging 32.9%.
- The fastest year-over-year change in Free Cash Flow over five years came in fiscal Q1 2025 (growth of 116.0%), and the weakest in fiscal Q4 2023 (a decline of 30.6%).
- Business Quant data shows ADBE's Free Cash Flow at $2.11 billion (Q2 2026), $2.92 billion (Q1 2026) and $3.13 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 99.39 Bn | 74.64 Bn | 6.00 Bn | 2.44 Bn |
| 2 | Atlassian | 56.40 Bn | 49.68 Bn | 1.53 Bn | 474.69 Mn |
| 3 | Autodesk | 51.55 Bn | 39.59 Bn | 1.87 Bn | 561.00 Mn |
| 4 | Twilio | 41.87 Bn | 31.94 Bn | 725.87 Mn | 369.32 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 | 235.20 Mn |
| 8 | Nice | 7.17 Bn | 5.64 Bn | 995.81 Mn | 319.12 Mn |
| 9 | RingCentral | 6.72 Bn | 6.21 Bn | 472.31 Mn | 195.84 Mn |
| 10 | Open Text | 6.42 Bn | 1.85 Bn | 1.01 Bn | 121.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 28, 2026 | 2.44 Bn |
| May 29, 2026 | 2.11 Bn |
| Feb 27, 2026 | 2.92 Bn |
| Nov 28, 2025 | 3.13 Bn |
| Aug 29, 2025 | 2.13 Bn |
| May 30, 2025 | 2.14 Bn |
| Feb 28, 2025 | 2.46 Bn |
| Nov 29, 2024 | 2.87 Bn |
| Aug 30, 2024 | 1.96 Bn |
| May 31, 2024 | 1.90 Bn |
| Mar 1, 2024 | 1.14 Bn |
| Dec 1, 2023 | 1.55 Bn |
| Sep 1, 2023 | 1.78 Bn |
| Jun 2, 2023 | 2.02 Bn |
| Mar 3, 2023 | 1.59 Bn |
| Dec 2, 2022 | 2.23 Bn |
| Sep 2, 2022 | 1.58 Bn |
| Jun 3, 2022 | 1.91 Bn |
| Mar 4, 2022 | 1.67 Bn |
| Dec 3, 2021 | 1.97 Bn |
API Access
Adobe Free Cash Flow 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=free-cash-flow&ticker=ADBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();