Adobe (ADBE) Shares Outstanding (2009 - 2026)
Adobe (ADBE) reported Shares Outstanding of 395 million for fiscal Q3 2026 (quarter ended Aug 28, 2026), down 6.7% from 423.5 million a year earlier and down 1.8% from the prior quarter.
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Analysis
Adobe (ADBE) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025 (ended Nov 28, 2025), Adobe posted Shares Outstanding of 426.2 million, down 4.7% from FY2024.
- Shares Outstanding has declined for ten consecutive fiscal years, with a five-year compound annual growth rate of -2.4% (FY2020 to FY2025).
- By fiscal year, Shares Outstanding came in at 447.1 million in FY2024 (-2.2%), 457.1 million in FY2023 (-2.7%), 470 million in FY2022 (-1.5%) and 477.3 million in FY2021 (-0.8%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Shares Outstanding in data going back to fiscal Q1 2009.
- Year over year, Shares Outstanding has now declined in each of the last 40 quarters, with an average decline of 4.9% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding ranged from 0.8% (fiscal Q4 2021) to 6.7% (fiscal Q3 2026).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 402.4 million (Q2 2026), 410.2 million (Q1 2026) and 426.2 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 99.39 Bn | 74.64 Bn | 6.00 Bn | 395.00 Mn |
| 2 | Atlassian | 56.40 Bn | 49.68 Bn | 1.53 Bn | 260.16 Mn |
| 3 | Autodesk | 51.55 Bn | 39.59 Bn | 1.87 Bn | 210.00 Mn |
| 4 | Twilio | 41.87 Bn | 31.94 Bn | 725.87 Mn | 152.79 Mn |
| 5 | Zoom Communications | 28.87 Bn | -1.92 Bn | 985.50 Mn | 292.88 Mn |
| 6 | Figma | 12.14 Bn | 5.65 Bn | 309.61 Mn | 527.46 Mn |
| 7 | Dropbox | 8.22 Bn | 3.86 Bn | 506.50 Mn | 224.80 Mn |
| 8 | Nice | 7.17 Bn | 5.64 Bn | 995.81 Mn | 62.33 Mn |
| 9 | RingCentral | 6.72 Bn | 6.21 Bn | 472.31 Mn | 84.05 Mn |
| 10 | Open Text | 6.42 Bn | 1.85 Bn | 1.01 Bn | 249.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 28, 2026 | 395.00 Mn |
| May 29, 2026 | 402.40 Mn |
| Feb 27, 2026 | 410.20 Mn |
| Nov 28, 2025 | 426.20 Mn |
| Aug 29, 2025 | 423.50 Mn |
| May 30, 2025 | 428.20 Mn |
| Feb 28, 2025 | 436.20 Mn |
| Nov 29, 2024 | 447.10 Mn |
| Aug 30, 2024 | 445.30 Mn |
| May 31, 2024 | 449.10 Mn |
| Mar 1, 2024 | 453.00 Mn |
| Dec 1, 2023 | 457.10 Mn |
| Sep 1, 2023 | 456.40 Mn |
| Jun 2, 2023 | 458.00 Mn |
| Mar 3, 2023 | 459.00 Mn |
| Dec 2, 2022 | 470.00 Mn |
| Sep 2, 2022 | 469.00 Mn |
| Jun 3, 2022 | 472.10 Mn |
| Mar 4, 2022 | 473.00 Mn |
| Dec 3, 2021 | 477.30 Mn |
API Access
Adobe Shares Outstanding 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=shares-outstanding&ticker=ADBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();