Adobe Inc. (ADBE) balance sheet
NASDAQ · Technology · Software - Application · 31,360 employees · CEO Shantanu Narayen
- Price
- $250.23 +0.85%
- Market cap
- $97.4B
- Enterprise value
- $99.8B
- Last report
- Q3 '26 filed 2026-09-22
- Next report
- 2026-12-09 EPS est. $6.32
At the end of Q3 '26 Adobe Inc. (ADBE) held $5.64B in cash and short-term investments against $6.76B of debt incl. leases. Total assets $30B, total liabilities $18.2B, shareholders' equity $11.8B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $7.14B | $6.25B | $7.66B | $7.19B | $7.61B | $6.76B | $4.93B | $4.98B | $5.43B | $6.33B | $4.92B | $4.36B | |
| Short-term investments | $701M | $566M | $405M | $322M | $273M | $677M | $782M | $958M | $1.16B | $558M | $707M | $1.28B | |
| Receivables | $2.22B | $2.06B | $1.61B | $1.8B | $2.07B | $1.97B | $1.74B | $2.09B | $2.34B | $2.09B | $1.99B | $2.08B | |
| Other current assets | $1.02B | $1.13B | $1.35B | $1.4B | $1.27B | $1.45B | $1.53B | $1.38B | $1.22B | $1.4B | $1.45B | $1.44B | |
| Current assets | $11.1B | $10B | $11B | $10.7B | $11.2B | $10.9B | $8.98B | $9.41B | $10.2B | $10.4B | $9.07B | $9.16B | |
| Property, plant & equipment (net) | $2.39B | $2.35B | $2.35B | $2.34B | $2.22B | $2.16B | $2.15B | $2.22B | $2.19B | $2.16B | $2.17B | $2.16B | |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $66M | $0 | $0 | $0 | $0 | $0 | |
| Goodwill | $12.8B | $12.8B | $12.8B | $12.8B | $12.8B | $12.8B | $12.8B | $12.9B | $12.9B | $12.9B | $14B | $14B | |
| Intangible assets | $1.09B | $1.01B | $933M | $858M | $782M | $706M | $631M | $555M | $495M | $454M | $1.01B | $956M | |
| Deferred tax assets | $1.19B | $1.31B | $1.44B | $1.55B | $1.66B | $1.82B | $1.98B | $2.09B | $2.19B | $2.14B | $2B | $1.93B | |
| Other non-current assets | $1.22B | $1.27B | $1.46B | $1.56B | $1.55B | $1.64B | $1.47B | $1.62B | $1.61B | $1.7B | $1.65B | $1.75B | |
| Non-current assets | $18.7B | $18.7B | $19B | $19.1B | $19B | $19.1B | $19.1B | $19.3B | $19.3B | $19.3B | $20.9B | $20.8B | |
| Total assets | $29.8B | $28.8B | $30B | $29.8B | $30.2B | $30B | $28.1B | $28.8B | $29.5B | $29.7B | $29.9B | $30B | |
| Liabilities | |||||||||||||
| Accounts payable | $314M | $300M | $357M | $318M | $361M | $326M | $360M | $337M | $417M | $419M | $499M | $529M | |
| Accrued expenses | $1.12B | $283M | $430M | $596M | $751M | $288M | $170M | $191M | $197M | $179M | $222M | $2.52B | |
| Short-term debt | $0 | $1.5B | $1.5B | $1.5B | $1.5B | $0 | $0 | $0 | $0 | $849M | $1.84B | $1.6B | |
| Taxes payable | $85M | $123M | $95M | $241M | $119M | $465M | $129M | $154M | $153M | $506M | $38M | $63M | |
| Deferred revenue | $5.84B | $5.98B | $5.56B | $5.78B | $6.13B | $6.35B | $6.22B | $6.39B | $6.91B | $7.28B | $7.15B | $7.09B | |
| Other current liabilities | $696M | $1.17B | $1.36B | $1.14B | $1.46B | $1.54B | $2.09B | $1.98B | $2.2B | $1.83B | $2.05B | $0 | |
| Current liabilities | $8.25B | $9.54B | $9.47B | $9.64B | $10.5B | $9.16B | $9.04B | $9.24B | $10.2B | $11.4B | $12.1B | $11.9B | |
| Long-term debt | $3.63B | $2.14B | $4.13B | $4.13B | $4.13B | $6.16B | $6.17B | $6.2B | $6.21B | $5.38B | $4.8B | $4.77B | |
| Lease obligations (non-current) | $373M | $378M | $398M | $381M | $353M | $334M | $323M | $362M | $361M | $344M | $329M | $310M | |
| Deferred revenue (non-current) | $113M | $135M | $128M | $127M | $128M | $143M | $114M | $149M | $125M | $95M | $98M | $110M | |
| Deferred tax liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $536M | $0 | |
| Other non-current liabilities | $890M | $1.1B | $1.04B | $1.01B | $994M | $1.07B | $1.02B | $1.03B | $977M | $1.06B | $572M | $1.14B | |
| Non-current liabilities | $5.01B | $3.75B | $5.69B | $5.64B | $5.6B | $7.7B | $7.62B | $7.75B | $7.67B | $6.88B | $6.34B | $6.33B | |
| Total liabilities | $13.3B | $13.3B | $15.2B | $15.3B | $16.1B | $16.9B | $16.7B | $17B | $17.9B | $18.3B | $18.4B | $18.2B | |
| Equity | |||||||||||||
| Retained earnings | $33.3B | $33.8B | $35.2B | $36.9B | $38.5B | $40.2B | $41.7B | $43.5B | $45.4B | $47.2B | $48.8B | $50.6B | |
| Accumulated other comprehensive income | -$285M | -$277M | -$276M | -$309M | -$201M | -$158M | -$333M | -$341M | -$245M | -$295M | -$247M | -$203M | |
| Shareholders' equity | $16.5B | $15.5B | $14.8B | $14.5B | $14.1B | $13.1B | $11.4B | $11.8B | $11.6B | $11.4B | $11.5B | $11.8B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $4.08B | $4.09B | $6.09B | $6.08B | $6.06B | $6.56B | $6.56B | $6.64B | $6.65B | $6.66B | $7.07B | $6.76B | |
| Net debt (debt - cash) | -$3.06B | -$2.17B | -$1.57B | -$1.12B | -$1.56B | -$195M | $1.63B | $1.65B | $1.22B | $324M | $2.15B | $2.4B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $1.01B | $2.31B | $1.64B | $2.65B | $4.48B | $3.84B | $4.24B | $7.14B | $7.61B | $5.43B | |
| Short-term investments | $3.75B | $3.51B | $1.59B | $1.53B | $1.51B | $1.95B | $1.86B | $701M | $273M | $1.16B | |
| Receivables | $833M | $1.22B | $1.32B | $1.54B | $1.4B | $1.88B | $2.07B | $2.22B | $2.07B | $2.34B | |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $303M | $835M | $1.02B | $1.27B | $1.22B | |
| Current assets | $5.84B | $7.25B | $4.86B | $6.5B | $8.15B | $8.67B | $9B | $11.1B | $11.2B | $10.2B | |
| Property, plant & equipment (net) | $816M | $937M | $1.08B | $1.29B | $2B | $2.12B | $2.32B | $2.39B | $2.22B | $2.19B | |
| Long-term investments | $80.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Goodwill | $5.41B | $5.82B | $10.6B | $10.7B | $10.7B | $12.7B | $12.8B | $12.8B | $12.8B | $12.9B | |
| Intangible assets | $414M | $386M | $2.07B | $1.72B | $1.36B | $1.82B | $1.45B | $1.09B | $782M | $495M | |
| Deferred tax assets | $0 | $0 | $0 | $0 | $1.37B | $1.09B | $777M | $1.19B | $1.66B | $2.19B | |
| Other non-current assets | $140M | $144M | $187M | $562M | $663M | $883M | $841M | $1.22B | $1.55B | $1.61B | |
| Non-current assets | $6.86B | $7.29B | $13.9B | $14.3B | $16.1B | $18.6B | $18.2B | $18.7B | $19B | $19.3B | |
| Total assets | $12.7B | $14.5B | $18.8B | $20.8B | $24.3B | $27.2B | $27.2B | $29.8B | $30.2B | $29.5B | |
| Liabilities | |||||||||||
| Accounts payable | $88M | $114M | $186M | $209M | $306M | $312M | $379M | $314M | $361M | $417M | |
| Accrued expenses | $332M | $641M | $739M | $777M | $791M | $551M | $643M | $679M | $751M | $197M | |
| Short-term debt | $0 | $0 | $0 | $3.15B | $0 | $0 | $500M | $0 | $1.5B | $0 | |
| Taxes payable | $38.4M | $14.2M | $35.7M | $55.6M | $63M | $54M | $75M | $85M | $240M | $153M | |
| Deferred revenue | $1.95B | $2.41B | $2.92B | $3.38B | $3.63B | $4.73B | $5.3B | $5.84B | $6.13B | $6.91B | |
| Other current liabilities | $339M | $257M | $315M | $477M | $502M | $1.07B | $1.03B | $1.14B | $1.46B | $2.2B | |
| Current liabilities | $2.81B | $3.53B | $4.3B | $8.19B | $5.51B | $6.93B | $8.13B | $8.25B | $10.5B | $10.2B | |
| Long-term debt | $1.89B | $1.88B | $4.12B | $989M | $4.12B | $4.12B | $3.63B | $3.63B | $4.13B | $6.21B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $0 | $499M | $453M | $417M | $373M | $353M | $361M | |
| Deferred revenue (non-current) | $69.1M | $88.6M | $138M | $123M | $130M | $145M | $117M | $113M | $128M | $125M | |
| Deferred tax liabilities | $218M | $280M | $46.7M | $140M | $10M | $5M | $0 | $0 | $0 | $0 | |
| Other non-current liabilities | $282M | $298M | $796M | $789M | $752M | $786M | $823M | $890M | $994M | $977M | |
| Non-current liabilities | $2.46B | $2.55B | $5.11B | $2.04B | $5.51B | $5.51B | $4.99B | $5.01B | $5.6B | $7.67B | |
| Total liabilities | $5.27B | $6.08B | $9.41B | $10.2B | $11B | $12.4B | $13.1B | $13.3B | $16.1B | $17.9B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $61K | $61K | $61K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained earnings | $8.11B | $9.57B | $11.8B | $14.8B | $19.6B | $23.9B | $28.3B | $33.3B | $38.5B | $45.4B | |
| Accumulated other comprehensive income | -$174M | -$112M | -$148M | -$188M | -$158M | -$137M | -$293M | -$285M | -$201M | -$245M | |
| Shareholders' equity | $7.42B | $8.46B | $9.36B | $10.5B | $13.3B | $14.8B | $14.1B | $16.5B | $14.1B | $11.6B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $1.89B | $1.88B | $4.12B | $4.14B | $4.71B | $4.67B | $4.63B | $4.08B | $6.06B | $6.65B | |
| Net debt (debt - cash) | $881M | -$425M | $2.48B | $1.49B | $230M | $829M | $397M | -$3.06B | -$1.56B | $1.22B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-08-28, 10-Q 2026-05-29, 10-Q 2026-02-27, 10-K 2025-11-28, 10-Q 2025-08-29, 10-Q 2025-05-30, 10-Q 2025-02-28, 10-K 2024-11-29, 10-Q 2024-08-30
Data as of 2026-11-01