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Adobe stock: growth
ADBEAdobe reported $23.77B in revenue for fiscal 2025, up 10.5% on the prior year, up 13.1% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
12.4%
per year from 2006 to 2025, per share 14.4%
Earnings (Annual rate)
14.9%
per year from 2006 to 2025, per share 17%
Free cash flow (Annual rate)
13.8%
per year from 2006 to 2025, per share 15.8%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 13.1% | 17.4% | 12.4% |
| Revenue per share | 15.8% | 19.2% | 14.4% |
| Earnings | 6.3% | 27.5% | 14.9% |
| Earnings per share | 8.9% | 29.5% | 17.0% |
| Free cash flow | 13.2% | 22.6% | 13.8% |
| Free cash flow per share | 15.9% | 24.5% | 15.8% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $2.58B | $505.81M | $843.99M |
| 2007 | $3.16B | $723.81M | $1.31B |
| 2008 | $3.58B | $871.81M | $1.17B |
| 2009 | $2.95B | $386.51M | $998.18M |
| 2010 | $3.8B | $774.68M | $943.35M |
| 2011 | $4.22B | $832.85M | $1.33B |
| 2012 | $4.4B | $832.78M | $1.23B |
| 2013 | $4.06B | $289.99M | $963.33M |
| 2014 | $4.15B | $268.4M | $1.14B |
| 2015 | $4.8B | $629.55M | $1.28B |
| 2016 | $5.85B | $1.17B | $2B |
| 2017 | $7.3B | $1.69B | $2.73B |
| 2018 | $9.03B | $2.59B | $3.76B |
| 2019 | $11.17B | $2.95B | $4.09B |
| 2020 | $12.87B | $5.26B | $5.31B |
| 2021 | $15.79B | $4.82B | $6.89B |
| 2022 | $17.61B | $4.76B | $7.4B |
| 2023 | $19.41B | $5.43B | $6.94B |
| 2024 | $21.51B | $5.56B | $7.87B |
| 2025 | $23.77B | $7.13B | $9.85B |
Revenue by segment
How Adobe Inc. makes its money and how that has shifted. Names are as the company reports them.
- Digital Media74%
- Digital Experience25%
- Print And Publishing1%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Digital Media | $6.33B | $7.71B | $9.23B | $11.52B | $12.84B | $14.22B | $15.86B | $17.65B | 74.3% |
| Digital Experience | $2.44B | $3.21B | $3.13B | $3.87B | $4.42B | $4.89B | $5.37B | $5.86B | 24.7% |
| Print And Publishing | $260.95M | $258.15M | $510M | $398M | $342M | $300M | $275M | $256M | 1.1% |
| Total revenue | $9.03B | $11.17B | $12.87B | $15.79B | $17.61B | $19.41B | $21.51B | $23.77B | 100% |
Revenue by region
Where Adobe Inc. generates its revenue.
- Americas59%
- EMEA26%
- Asia14%
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $3.4B | $4.22B | $5.12B | $6.51B | $7.45B | $9B | $10.25B | $11.65B | $12.89B | $14.12B | 59.4% |
| EMEA | $1.62B | $1.99B | $2.55B | $2.98B | $3.4B | $4.25B | $4.59B | $4.88B | $5.55B | $6.29B | 26.5% |
| Asia | $835.14M | $1.1B | $1.36B | $1.69B | $2.01B | $2.54B | $2.76B | $2.87B | $3.06B | $3.36B | 14.1% |
| Total revenue | $5.85B | $7.3B | $9.03B | $11.17B | $12.87B | $15.79B | $17.61B | $19.41B | $21.51B | $23.77B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 28 Nov 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Mar 2016)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.