Adobe (ADBE) Operating Leases (2020 - 2026)

Adobe (ADBE) reported Operating Leases of $344.0 million for Q1 2026, up 2.99% year-over-year from $334.0 million in Q1 2025, and down 4.71% quarter-over-quarter from $361.0 million in Q4 2025.

Adobe (ADBE) Operating Leases (2020 - 2026) Analysis & Trends

Adobe (ADBE) has 7 years of Operating Leases data on file, last reported at $344.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $344.0 million, up 2.99% year-over-year; the trailing twelve-month figure through Feb 2026 was $344.0 million (up 2.99% YoY), and the FY2025 annual result was $361.0 million, up 2.27% from the prior year.
  • Operating Leases fell to $344.0 million in Q1 2026 per ADBE's latest filing, from $361.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $447.0 million in Q1 2022 and troughed at $323.0 million in Q2 2025.
  • A 5-year average of $385.4 million and a median of $381.0 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2025 and 2026: Operating Leases retreated 18.84% in 2025, then gained 2.99% in 2026.
  • A 5-year view of Operating Leases shows it stood at $417.0 million in 2022, then decreased by 10.55% to $373.0 million in 2023, then slipped by 5.36% to $353.0 million in 2024, then increased by 2.27% to $361.0 million in 2025, then dropped by 4.71% to $344.0 million in 2026.
  • Business Quant data shows ADBE's Operating Leases at $344.0 million in Q1 2026, $361.0 million in Q4 2025, and $362.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn

Historic Data

Download Data
DateValue
May 29, 2026 329.00 Mn
Feb 27, 2026 344.00 Mn
Nov 28, 2025 361.00 Mn
Aug 29, 2025 362.00 Mn
May 30, 2025 323.00 Mn
Feb 28, 2025 334.00 Mn
Nov 29, 2024 353.00 Mn
Aug 30, 2024 381.00 Mn
May 31, 2024 398.00 Mn
Mar 1, 2024 378.00 Mn
Dec 1, 2023 373.00 Mn
Sep 1, 2023 389.00 Mn
Jun 2, 2023 408.00 Mn
Mar 3, 2023 415.00 Mn
Dec 2, 2022 417.00 Mn
Sep 2, 2022 426.00 Mn
Jun 3, 2022 442.00 Mn
Mar 4, 2022 447.00 Mn
Dec 3, 2021 453.00 Mn
Sep 3, 2021 466.00 Mn