Adobe Inc.
Explore Adobe
Core profile pages, annual revenue records, and related research hubs for this company.
Adobe Inc.
Explore Adobe
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$23.77B
Market Cap
$165.0B
Net Income
$7.1B
Employees
31,360
Adobe reported $23.77B in FY2025 revenue and about $7.13B in net income. The latest annual anchor is FY2025 record revenue, while the latest leadership context is Adobe's March 2026 announcement that Shantanu Narayen will transition from CEO after a successor is appointed.
Revenue Trend Analysis
YoY Change
+10.5%
4-Year CAGR
+10.8%
Peak Year
2025
Trend
Consistent Growth
Adobe Inc. has reported revenue across 5 fiscal years, compounding at +10.8% annually over 4 years. The most recent year saw a 10.5% increase versus the prior year. Revenue peaked in 2025 at $23.8B. Out of 4 reported periods, 4 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $23.8B | $7.1B | +10.5% |
| FY2024 | $21.5B | — | +10.8% |
| FY2023 | $19.4B | — | +10.2% |
| FY2022 | $17.6B | — | +11.5% |
| FY2021 | $15.8B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Driven by its massive global subscriber base, Adobe consistently generates over $19 billion in annual revenue.
Because Adobe transitioned entirely to a digital SaaS model (no physical boxes or CDs to manufacture), its gross margins are incredibly high, frequently hovering near 88%.
Financially, it was a masterpiece. While users hated losing perpetual licenses, Adobe's recurring revenue skyrocketed, making its cash flows highly predictable and driving its stock price to historic highs.
Unlike many mature tech giants, Adobe traditionally does not pay a cash dividend, preferring to reinvest its massive free cash flow into R&D and multi-billion dollar stock repurchase programs.
When regulators blocked Adobe's massive $20 billion acquisition of Figma in 2023, Adobe was forced to pay Figma a staggering $1 billion cash breakup fee, severely impacting its quarterly earnings.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Adobe Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/adobe/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Adobe Inc. reported $24B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/adobe/financials" target="_blank" rel="noopener">CorpDigest — Adobe Inc. financials</a></div>