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| 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 |