Adobe (ADBE) Free Cash Flow (2009 - 2026)
Adobe (ADBE) posted quarterly Free Cash Flow of $2.1 billion for Q2 2026, down 1.73% year-over-year from $2.1 billion in Q2 2025, and down 27.87% quarter-over-quarter from $2.9 billion in Q1 2026.
Adobe (ADBE) Free Cash Flow (2009 - 2026) Analysis & Trends
Adobe (ADBE) has reported Free Cash Flow for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow fell 1.73% year-over-year to $2.1 billion; the TTM figure through May 2026 stood at $10.3 billion (up 8.93% YoY), while the FY2025 annual figure was $9.9 billion, up 25.14% from the prior year.
- Free Cash Flow retreated to $2.1 billion in Q2 2026 per ADBE's latest filing, from $2.9 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $3.1 billion in Q4 2025 and bottomed at $1.1 billion in Q1 2024.
- Historically, Free Cash Flow has averaged $2.1 billion across 5 years, with a median of $2.0 billion in 2023.
- Annual changes were most pronounced in 2023 — Free Cash Flow plunged 30.62% — and 2025, when it surged 116.01%.
- Adobe's Free Cash Flow stood at $2.2 billion in 2022, then slumped by 30.62% to $1.6 billion in 2023, then surged by 85.35% to $2.9 billion in 2024, then gained by 8.81% to $3.1 billion in 2025, then sank by 32.6% to $2.1 billion in 2026.
- Business Quant data shows ADBE's Free Cash Flow at $2.1 billion in Q2 2026, $2.9 billion in Q1 2026, and $3.1 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 8.16 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 654.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 2.79 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 473.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 232.77 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 1.36 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 2.11 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 5.24 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 288.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |