Adobe (ADBE) Non-Current Deferred Tax Liability (2009 - 2022)
Adobe (ADBE) posted Non-Current Deferred Tax Liability of $3 million for fiscal Q3 2022 (quarter ended Sep 2, 2022), down 57.1% from $7 million a year earlier and down 25.0% from the prior quarter.
Adobe (ADBE) Non-Current Deferred Tax Liability (2009 - 2022) Analysis & Trends
At the end of FY2021 (ended Dec 3, 2021), Adobe's Non-Current Deferred Tax Liability came in at $5 million, down 50.0% from FY2020.
- Annual Non-Current Deferred Tax Liability shows a five-year compound annual growth rate of -53.0% (FY2016 to FY2021).
- In prior fiscal years, Adobe's Non-Current Deferred Tax Liability was $10 million in FY2020 (-92.9%), $140 million in FY2019 (+199.8%), $46.7 million in FY2018 (-83.3%) and $279.94 million in FY2017 (+28.6%).
- The fiscal Q3 2022 figure stands as the lowest quarterly Non-Current Deferred Tax Liability in data going back to fiscal Q1 2009.
- On a year-over-year basis, Non-Current Deferred Tax Liability has declined in each of the last six quarters, with an average decline of 54.7% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Deferred Tax Liability in the past five years was fiscal Q4 2019, with growth of 199.8%; the weakest was fiscal Q1 2022, with a decline of 95.1%.
- According to Business Quant data, Non-Current Deferred Tax Liability for the three prior fiscal quarters was $4 million (Q2 2022), $4 million (Q1 2022) and $5 million (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 99.39 Bn | 74.64 Bn | 6.00 Bn |
| 2 | Atlassian | 56.40 Bn | 49.68 Bn | 1.53 Bn |
| 3 | Autodesk | 51.55 Bn | 39.59 Bn | 1.87 Bn |
| 4 | Twilio | 41.87 Bn | 31.94 Bn | 725.87 Mn |
| 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 |
| 8 | Nice | 7.17 Bn | 5.64 Bn | 995.81 Mn |
| 9 | RingCentral | 6.72 Bn | 6.21 Bn | 472.31 Mn |
| 10 | Open Text | 6.42 Bn | 1.85 Bn | 1.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 2, 2022 | 3.00 Mn |
| Jun 3, 2022 | 4.00 Mn |
| Mar 4, 2022 | 4.00 Mn |
| Dec 3, 2021 | 5.00 Mn |
| Sep 3, 2021 | 7.00 Mn |
| Jun 4, 2021 | 80.00 Mn |
| Mar 5, 2021 | 81.00 Mn |
| Nov 27, 2020 | 10.00 Mn |
| Aug 28, 2020 | 76.00 Mn |
| May 29, 2020 | 107.00 Mn |
| Feb 28, 2020 | 48.00 Mn |
| Nov 29, 2019 | 140.00 Mn |
| Aug 30, 2019 | 129.40 Mn |
| May 31, 2019 | 133.89 Mn |
| Mar 1, 2019 | 125.66 Mn |
| Nov 30, 2018 | 46.70 Mn |
| Dec 1, 2017 | 279.94 Mn |
| Sep 1, 2017 | 276.27 Mn |
| Jun 2, 2017 | 279.65 Mn |
| Mar 3, 2017 | 286.41 Mn |
Adobe Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=ADBE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();