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

Adobe's (ADBE) quarterly Free Cash Flow came in at $2.1 billion in Q2 2026, down 1.73% year-on-year from $2.1 billion in Q2 2025, and down 27.87% on a QoQ basis from $2.9 billion in Q1 2026.

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

Adobe (ADBE) has 18 years of Free Cash Flow data on file, last reported at $2.1 billion in Q2 2026.

  • On a quarterly basis, Free Cash Flow fell 1.73% year-over-year to $2.1 billion in Q2 2026; TTM through May 2026 was $10.3 billion, a 8.93% increase from a year earlier, with the FY2025 full-year figure at $9.9 billion, up 25.14% from the prior year.
  • Free Cash Flow for Q2 2026 stood at $2.1 billion, down from $2.9 billion in the prior quarter.
  • Over the last five years, Free Cash Flow for ADBE reached as high as $3.1 billion in Q4 2025 and fell as low as $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.
  • Across the five-year window, Free Cash Flow slumped 30.62% in 2023 and soared 116.01% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at $2.2 billion in 2022, then slumped by 30.62% to $1.6 billion in 2023, then jumped by 85.35% to $2.9 billion in 2024, then climbed by 8.81% to $3.1 billion in 2025, then sank by 32.6% to $2.1 billion in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $2.1 billion in Q2 2026, $2.9 billion in Q1 2026, and $3.1 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 4.39 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 235.34 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 476.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 473.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 2.19 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 232.77 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 306.96 Mn
10 Adobe 85.38 Bn 79.75 Bn 5.90 Bn 2.11 Bn

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