Adobe (ADBE) Free Cash Flow (2009 - 2026)

Adobe (ADBE) reported Free Cash Flow of $2.9 billion for Q1 2026, up 18.93% year-over-year from $2.5 billion in Q1 2025, and down 6.56% quarter-over-quarter from $3.1 billion in Q4 2025.

Adobe (ADBE) Free Cash Flow (2009 - 2026) Analysis & Trends

Adobe (ADBE) has 18 years of Free Cash Flow data on file, last reported at $2.9 billion in Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $2.9 billion, up 18.93% year-over-year; the trailing twelve-month figure through Feb 2026 was $10.3 billion (up 12.24% YoY), and the FY2025 annual result was $9.9 billion, up 25.14% from the prior year.
  • Free Cash Flow eased to $2.9 billion in Q1 2026 per ADBE's latest filing, from $3.1 billion in the prior quarter.
  • Over five years, Free Cash Flow peaked at $3.1 billion in Q4 2025 and troughed at $1.1 billion in Q1 2024.
  • A 5-year average of $2.1 billion and a median of $2.0 billion in 2024 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2023 and 2025: Free Cash Flow plunged 30.62% in 2023, then surged 116.01% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at $2.2 billion in 2022, then sank by 30.62% to $1.6 billion in 2023, then jumped by 85.35% to $2.9 billion in 2024, then rose by 8.81% to $3.1 billion in 2025, then fell by 6.56% to $2.9 billion in 2026.
  • Business Quant data shows ADBE's Free Cash Flow at $2.9 billion in Q1 2026, $3.1 billion in Q4 2025, and $2.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 4.11 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 225.50 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 2.29 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 476.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.56 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 306.96 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 1.57 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 2.19 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 2.11 Bn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 228.31 Mn

Historic Data

Download Data
DateValue
May 29, 2026 2.11 Bn
May 29, 2026 2.11 Bn
Feb 27, 2026 2.92 Bn
Feb 27, 2026 2.92 Bn
Nov 28, 2025 3.13 Bn
Nov 28, 2025 3.13 Bn
Aug 29, 2025 2.13 Bn
Aug 29, 2025 2.13 Bn
May 30, 2025 2.14 Bn
May 30, 2025 2.14 Bn
Feb 28, 2025 2.46 Bn
Feb 28, 2025 2.46 Bn
Nov 29, 2024 2.87 Bn
Nov 29, 2024 2.87 Bn
Aug 30, 2024 1.96 Bn
Aug 30, 2024 1.96 Bn
May 31, 2024 1.90 Bn
May 31, 2024 1.90 Bn
Mar 1, 2024 1.14 Bn
Mar 1, 2024 1.14 Bn