Adobe (ADBE) Invested Capital (2009 - 2026)
Adobe's Invested Capital was $13.36 billion in fiscal Q3 2026 (quarter ended Aug 28, 2026), up 13.5% from $11.77 billion a year earlier and unchanged from the prior quarter.
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Analysis
Adobe (ADBE) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 28, 2025), Invested Capital at Adobe came in at $11.62 billion, down 25.5% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of -7.7% (FY2020 to FY2025).
- In earlier fiscal years, Invested Capital was $15.6 billion in FY2024 (-5.5%), $16.52 billion in FY2023 (+13.5%), $14.55 billion in FY2022 (-23.1%) and $18.92 billion in FY2021 (+8.9%).
- Quarterly Invested Capital has moved between $11.45 billion (fiscal Q2 2025) and $18.92 billion (fiscal Q4 2021) over five years.
- Compared with a year earlier, Invested Capital was higher in two of the last eight quarters, with an average decline of 10.8%.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q1 2024 (growth of 19.4%); the worst was fiscal Q2 2025 (a decline of 30.0%).
- Per Business Quant data, ADBE's Invested Capital in the three fiscal quarters before Q3 2026 was $13.36 billion (Q2 2026), $12.28 billion (Q1 2026) and $11.62 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 99.39 Bn | 74.64 Bn | 6.00 Bn | 13.36 Bn |
| 2 | Atlassian | 56.40 Bn | 49.68 Bn | 1.53 Bn | 2.05 Bn |
| 3 | Autodesk | 51.55 Bn | 39.59 Bn | 1.87 Bn | 6.36 Bn |
| 4 | Twilio | 41.87 Bn | 31.94 Bn | 725.87 Mn | 9.97 Bn |
| 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 | 421.20 Mn |
| 8 | Nice | 7.17 Bn | 5.64 Bn | 995.81 Mn | - |
| 9 | RingCentral | 6.72 Bn | 6.21 Bn | 472.31 Mn | 510.29 Mn |
| 10 | Open Text | 6.42 Bn | 1.85 Bn | 1.01 Bn | 9.79 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 28, 2026 | 13.36 Bn |
| May 29, 2026 | 13.36 Bn |
| Feb 27, 2026 | 12.28 Bn |
| Nov 28, 2025 | 11.62 Bn |
| Aug 29, 2025 | 11.77 Bn |
| May 30, 2025 | 11.45 Bn |
| Feb 28, 2025 | 13.10 Bn |
| Nov 29, 2024 | 15.60 Bn |
| Aug 30, 2024 | 16.05 Bn |
| May 31, 2024 | 16.34 Bn |
| Mar 1, 2024 | 16.96 Bn |
| Dec 1, 2023 | 16.52 Bn |
| Sep 1, 2023 | 15.78 Bn |
| Jun 2, 2023 | 14.84 Bn |
| Mar 3, 2023 | 14.21 Bn |
| Dec 2, 2022 | 14.55 Bn |
| Sep 2, 2022 | 14.87 Bn |
| Jun 3, 2022 | 14.48 Bn |
| Mar 4, 2022 | 14.27 Bn |
| Dec 3, 2021 | 18.92 Bn |
API Access
Adobe Invested Capital 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=invested-capital&ticker=ADBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();