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| Date | Value |
|---|---|
| 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 |