Company Dossier · Information Technology
Adobe Inc.
- S&P 500
- S&P 100
- Nasdaq-100
- Russell 1000
What Adobe Inc. is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to August 28, 2026: $26.0 billion, up 12% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to August 28, 2026: $10.6 billion, up 10% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to August 28, 2026: $0.21 billion, up 11% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to November 28, 2025: $11.3 billion.SEC EDGAR filings (10-K)
- Long-term debt issued in the fiscal year to November 28, 2025: $2.00 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (September 10, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.85 of 1.Palanor Discourse
- Guidance in the last 90 days: 3 outlook figures raised, 0 lowered, 1 held.Guidance Ledger (8-K results releases)
- Latest annual report (filed January 15, 2026): 0 risk factors added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $31.4 million on the open market.SEC Form 4
- 2,011 institutional managers reported a position at June 30, 2026 (−189 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 248 (173 a year earlier).U.S. Department of Labor (OFLC)
- Headlines in the last 30 days: 6, of which 0 read positive and 0 negative.Palanor headline tone
Company Posture
How Company Posture is measured →What Adobe Inc. is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Steady · Confident
Expanding ↔ Retrenching
Steady
- Capital spending60th pct
- Debt raised14th pct
- Buybacks vs capex39th pct
- Hiring filings52nd pct
- Deals and private raises48th pct
- Patent publications70th pct
Confident ↔ Hedging
Confident
- Call sentiment71st pct
- Call confidence54th pct
- Guidance changes65th pct
- Risk factors added64th pct
- Insider open-market trades74th pct
- + Call sentiment
- + Guidance changes
- + Insider open-market trades
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver82nd pct
- Stress filings49th pct
Credit
How these are built →Adobe Inc.'s borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Debt on the balance sheet
$6.4B
- Due within a year $1.6B
- Longer term $4.8B
- Default point $4.0B (short + ½ long)
Finance leases included · Aug 28, 2026 filing
Bonds priced, last 12 months
None
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Jan 14, 2025 | — | 4.750% | 2028 (3y) | +30bp | 4.769% |
| Jan 14, 2025 | — | 4.950% | 2030 (5y) | +40bp | 4.985% |
| Jan 14, 2025 | — | 5.300% | 2035 (10y) | +55bp | 5.336% |
| Apr 1, 2024 | — | 4.800% | 2029 (5y) | +50bp | 4.834% |
| Apr 1, 2024 | — | 4.950% | 2034 (10y) | +65bp | 4.975% |
| Apr 1, 2024 | — | 4.850% | 2027 (3y) | +35bp | 4.868% |
From the pricing term sheets Adobe Inc. filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
News
Adobe Inc.: headline tone
Net share of positive headlines, trailing 28 days, −1 to +1
In the news
Headlines that name Adobe Inc., with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.
- NeutralAdobe Lightroom mobile can now open closed eyes in photos with a simple tap
The Verge · Oct 20, 2026
- NeutralTrump suspends Microsoft and Adobe from H-1B green card program
Palanor Wire · Oct 8, 2026
- NeutralVance Says US Is Suspending Permanent Visa Residency Program for Microsoft and Adobe
businessinsider.com · via Marketaux · Oct 8, 2026
- NeutralUS bars Microsoft, Adobe, and major IT firms from green card program for skilled foreign workers
The other firms being suspended from the program include Capgemini, Cognizant, HCL, Infosys, Tata, and Wipro.
TechCrunch · Oct 8, 2026
- NeutralTrump's foreign worker crackdown comes for Microsoft, Adobe, IT firms
Axios Business · Oct 8, 2026
- NeutralAdobe Could Go Nowhere For A Long Time (NASDAQ:ADBE)
seekingalpha.com · via Marketaux · Oct 1, 2026
- NeutralAdobe is trying to make its AI generators idiot-proof in Premiere
The Verge · Sep 8, 2026
- NeutralAdobe acquires Indian market intelligence startup Rilo
This is Adobe's second acquisition out of India after Rephrase.ai in 2023
TechCrunch · Sep 2, 2026
- NeutralAdobe is making its tools available in Slack
Users will be able to access Express, Premiere, and Acrobat in Slack
TechCrunch · Sep 2, 2026
- NeutralAdobe is adding more AI to Photoshop
The Verge · Aug 27, 2026
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 21, 2026LobbyingLobbying report (FEDERAL STREET STRATEGIES, LLC)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (MEHLMAN CONSULTING, INC.)third_quarter 2026 · $0.1 million
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 20, 2026Patent
- Oct 20, 2026PatentPatent granted: TEXT EMBEDDING ADAPTERUS 12770298
- Oct 20, 2026Patent
- Oct 16, 2026LobbyingLobbying report (ADOBE INC)third_quarter 2026 · $0.4 million
- Oct 16, 2026LobbyingLobbying report (ADOBE INC)third_quarter 2026 · $0.4 million
- Oct 12, 2026LobbyingLobbying report (HETTINGER STRATEGY GROUP LLC)third_quarter 2026 · $0.0 million
- Sep 8, 20268-KDirector or officer changeItem 5.02
- Aug 17, 2026Trademark
- Jul 21, 2026LobbyingLobbying report (FEDERAL STREET STRATEGIES, LLC)second_quarter 2026 · $0.1 million
- Jul 20, 2026LobbyingLobbying report (FORESIGHT LAW + POLICY PLLC)second_quarter 2026
- Jul 20, 2026LobbyingLobbying report (ADOBE INC)second_quarter 2026 · $0.5 million
- Jul 17, 20268-KDirector or officer changeItem 5.02
- Jun 11, 20268-KDirector or officer changeItem 5.02
- May 1, 2026Trademark
- Apr 21, 20268-KShareholder vote resultsItem 5.07
- Apr 21, 20268-KDirector or officer changeItem 5.02
- Mar 12, 20268-KDirector or officer changeItem 5.02
- Jan 27, 20268-KDirector or officer changeItem 5.02
- Jan 15, 202610-KAnnual report (10-K)0 risk factors added, 0 removed
- Sep 19, 2025Trademark
- Sep 12, 2025Trademark
- Sep 11, 2025Trademark
- Apr 24, 20258-KDirector or officer changeItem 5.02
- Apr 24, 20258-KShareholder vote resultsItem 5.07
- Jan 30, 20258-KDirector or officer changeItem 5.02
- Jan 17, 20258-KMaterial agreement signedItem 1.01
- Jan 13, 202510-KAnnual report (10-K)0 risk factors added, 0 removed
- Nov 18, 2024Risk event
- Jan 17, 202410-KAnnual report (10-K)0 risk factors added, 8 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Intuit Inc. INTU | $21.4B | $8.7B | Jul 31, 2026 |
| Salesforce Inc. CRM | $43.9B | $15.2B | Jul 31, 2026 |
| ServiceNow Inc. NOW | $14.7B | $4.6B | Jun 30, 2026 |
| Palo Alto Networks PANW | $11.5B | $4.1B | Jul 31, 2026 |
| Workday Inc. WDAY | $10.2B | $2.8B | Jul 31, 2026 |
| Oracle Corporation ORCL | $71.8B | −$28.7B | Aug 31, 2026 |
| Snowflake Inc. SNOW | $5.4B | $1.2B | Jul 31, 2026 |
| CrowdStrike CRWD | $5.4B | $1.6B | Jul 31, 2026 |