OakChart

Adobe Inc

ADBETechnology·Software - Application·USA·Large·NASD·Nov 13 • 7:03 AM ET

239.43+0.89 (0.37%)
2026-11-13 13:03 CET
Market cap
$93.19B
Revenue, TTM
25,970.00 USD m
Net income, TTM
7,284.00 USD m
Free cash flow, TTM
10,592.00 USD m
EPS diluted, TTM
17.93
Price / earnings
13.36
Compare

Price

ADBE against its 20, 50 and 200-day averages
Terms2050200BeatMiss
Patternshover a marker to name it
RS 8Sales 6,829Price6,8276,831200.00250.00300.0012.5M25.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26ADBEclose 239.4320-day 248.4950-day 246.32200-day 247.65239.4352w low 190.1252-week range, not 6 months

34.0% under the 52-week high of 362.71 on 12 Dec 2025. 52-week low 190.12 on 18 Jun 2026. Last 15 sessions, 13.6% high to low

Volume 0.02× normal · the line is the 50-bar volume average

Setup. RS line 8
CANSLIM 2 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 2 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 1 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 0 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200
Growth 1 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%)
Quality 3 of 5 — fails: Debt/Equity: Low (<0.1); Current Ratio: Over 1
Value 2 of 4 — fails: P/B: Under 2; Debt/Equity: Low (<0.1)
Income 2 of 4 — fails: Dividend Growth: Growing 2+ Years — not on the tape: Dividend Yield: Over 2%
Small Cap 1 of 4 — fails: Float: Under 100M; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 1 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200; Performance: Year Up
Relative Strength 1 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200

Profile

ADBE
52-week range, 29% of the way up
190.12362.71

Adobe, Inc. is a global technology company, which engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products and services that enable individuals, teams, businesses, and enterprises to create, publish, and promote content anywhere and accelerate productivity by transforming view, share, engage with and collaborate on documents and creative content. The Digital Experience segment focuses on integrated platform and set of products, services, and solutions that enable businesses to create, manage, execute, measure, monetize, and optimize customer experiences that span from analytics to commerce. The Publishing and Advertising segment includes legacy products and services that address diverse market opportunities, including eLearning solutions, technical document publishing, web conferencing, document and forms platform, web app development, high-end printing, and Adobe Advertising offerings. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.

IndexNDX, S&P 500, RUI
Employees31360
IPOAug 13, 1986
Beta1.39
ATR, 14d7.78
Rel volume0.02
Short float4.31%
Insider own0.18%
Inst own87.97%

Snapshot

6 groups

Valuation

IndexNDX, S&P 500, RUI
Market Cap$93.19B
Enterprise Value94.31B
Income7.28B
Sales25.97B
Book / share30.09
Cash / share14.49
Dividend Est.-
Dividend TTM-
Dividend Ex-DateMar 24, 2005
Dividend Gr. 3/5Y- -
Payout0.00%
Employees31360
IPOAug 13, 1986

Ratios

Price / earnings13.36
Forward price / earnings8.68
Price / earnings / growth0.65
Price / sales3.59
Price / book7.96
Price / cash16.53
Price / free cash flow8.80
Value / cash profit9.22
Value / sales3.63
Quick Ratio0.77
Current Ratio0.77
Debt / equity0.57
Long-term debt / equity0.43
Options and shortYes / Yes

Earnings

Earnings / share17.93
Earnings next year27.57
Earnings next quarter6.33
Earnings this year16.91%
Earnings next year12.62%
Earnings growth, 5 years13.42%
Past earnings growth18.25% 9.04%
Past sales growth10.89% 13.06%
Earnings vs last year11.41%
Sales vs last year12.03%
Earnings vs last quarter10.56%
Sales vs last quarter12.89%
EarningsSep 10 AMC
Surprise0.90% 0.99%

Ownership

Insiders own0.18%
Insider trades-14.14%
Institutions own87.97%
Institution trades-1.29%
Return on assets24.80%
Return on equity61.90%
Return on capital43.25%
Gross Margin88.68%
Operating margin36.42%
Profit Margin28.05%
20-day average-3.64%
50-day average-2.80%
200-day average-3.32%

Technical

Shares out391.00M
Shares floating388.49M
Short / float4.31%
Short ratio3.63
Short interest16.76M
52-week high362.71 -34.0%
52-week low190.12 +25.9%
Volatility2.52% 3.32%
Average range7.78
Strength index43.57
Market sensitivity1.39
Relative volume0.02
Avg Volume4.62M
Volume4,797

Performance

Perf Week0.05%
Perf Month-4.86%
Perf Quarter-5.75%
Perf Half Y-3.30%
Perf YTD-31.59%
Perf Year-28.23%
Perf 3Y-59.44%
Perf 5Y-63.59%
Perf 10Y130.93%
Recommendation2.88
Target Price262.73
Prev Close238.54
Price239.43
Change %0.37%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 04, 2026DowngradeCitigroupNeutral → Sell$207-13.5%
Oct 13, 2026DowngradeHSBC SecuritiesBuy → Hold$267+11.5%
Oct 12, 2026DowngradeWells FargoOverweight → Underweight$225-6.0%
Sep 11, 2026ReiteratedBMO Capital MarketsMarket Perform$230 → $270+12.8%
Jul 21, 2026DowngradeMorgan StanleyEqual-Weight → Underweight$240+0.2%
Jul 20, 2026InitiatedCLSAOutperform$300+25.3%
Jul 07, 2026DowngradeBofA SecuritiesBuy → Underperform$190-20.6%
Jul 02, 2026UpgradeHSBC SecuritiesHold → Buy$308+28.6%
Jun 12, 2026DowngradeWolfe ResearchOutperform → Peer Perform
Jun 12, 2026DowngradeStifelBuy → Hold$200-16.5%

Peers

Mkt cap
TickerCompanyMkt cap
FIGFigma Inc10.20B
CRMSalesforce Inc179.87B
DOCUDocuSign Inc15.02B
ADSKAutodesk Inc54.97B
HUBSHubSpot Inc10.60B
MSFTMicrosoft Corp3824.86B
UUnity Software Inc22.42B
AMPLAmplitude Inc2.21B
WIXWix.com Ltd2.84B
SSTKShutterstock Inc98.89M

Insider trading

latest 14 of 71
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Balazs LaraChief Marketing Officer & EVPOct 15 '26Option Exercise0.002,53707,566Oct 19 05:53 PM
Chakravarthy AnilPresident, CXOOct 15 '26Option Exercise0.003,023063,980Oct 19 05:52 PM
Chen GloriaEVP, Chief People OfficerOct 15 '26Option Exercise0.003,244052,720Oct 19 05:52 PM
Forusz JillianSVP & CAOOct 15 '26Option Exercise0.001,82306,863Oct 19 05:52 PM
NARAYEN SHANTANUChair and CEOOct 15 '26Option Exercise0.008,3000244,327Oct 19 05:52 PM
Pentland Adele LouiseChief Legal Officer & EVPOct 15 '26Option Exercise0.001,30808,350Oct 19 05:52 PM
Day StevenInterim CFO and SVPOct 15 '26Option Exercise0.002,10007,991Oct 19 05:51 PM
NARAYEN SHANTANUChair and CEOSep 16 '26Sale251.5674,50018,741,557289,224Sep 18 06:18 PM
NARAYEN SHANTANUChair and CEOSep 17 '26Sale249.5750,50012,603,319238,724Sep 18 06:18 PM
Pentland Adele LouiseChief Legal Officer & EVPSep 15 '26Option Exercise0.001,94908,008Sep 17 04:31 PM
Forusz JillianSVP & CAOSep 15 '26Option Exercise0.003,08506,797Sep 17 04:31 PM
Day StevenInterim CFO and SVPSep 15 '26Option Exercise0.001,74106,937Sep 17 04:31 PM
Narayen Family TrustOfficerSep 16 '26Proposed Sale251.50125,00031,437,500Sep 16 03:48 PM
Durn DanielOfficerSep 08 '26Proposed Sale256.95338,479Sep 08 04:00 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VOOVanguard S&P 500 ETFAUM: 1070.75B
QQQInvesco QQQ Trust Series 1AUM: 473.81B
IVViShares Core S&P 500 ETFAUM: 882.14B
SPYSPDR S&P 500 ETF TrustAUM: 805.69B
VTVVanguard Morningstar Value ETFAUM: 198.14B
XLKState Street Technology Select Sector SPDR ETFAUM: 116.48B
VGTVanguard Information Technology ETFAUM: 142.20B
QQQMInvesco NASDAQ 100 ETFAUM: 109.07B
QUALiShares MSCI USA Quality Factor ETFAUM: 49.00B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 6.130 beat 6.075, from 5.310 a year earlier. Sales 6,760 beat 6,694, from 5,988 a year earlier
EPS
6.13002024Q4 EPS 4.810 against 4.66924Q42025Q1 EPS 5.080 against 4.97325Q12025Q2 EPS 5.060 against 4.97325Q22025Q3 EPS 5.310 against 5.18525Q32025Q4 EPS 5.500 against 5.39925Q42026Q1 EPS 6.060 against 5.87226Q12026Q2 EPS 5.960 against 5.81626Q22026Q3 EPS 6.130 against 6.07526Q3
Sales, USD millions
6,76002024Q4 sales 5,606 against 5,54024Q42025Q1 sales 5,714 against 5,66225Q12025Q2 sales 5,873 against 5,79925Q22025Q3 sales 5,988 against 5,91825Q32025Q4 sales 6,194 against 6,11025Q42026Q1 sales 6,398 against 6,27726Q12026Q2 sales 6,618 against 6,45426Q22026Q3 sales 6,760 against 6,69426Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-08-312026-09-10 16:306.1306.0754.6206,7606,694EPS +0.9% · sales +1.0%vs 2025Q3, year-ago quarter · EPS +15.4% · sales +12.9%31 EPS · 28 salesOpen -2.68% vs SPY +0.91%. Close +1.37% vs SPY +0.85%
2026Q2ended 2026-05-312026-06-11 16:305.9605.8164.2596,6186,454EPS +2.5% · sales +2.5%vs 2025Q2, year-ago quarter · EPS +17.8% · sales +12.7%29 EPS · 26 salesOpen -7.50% vs SPY +0.40%. Close -6.76% vs SPY +0.54%
2026Q1ended 2026-02-282026-03-12 16:306.0605.8724.5966,3986,277EPS +3.2% · sales +1.9%vs 2025Q1, year-ago quarter · EPS +19.3% · sales +12.0%29 EPS · 27 salesOpen -7.70% vs SPY +0.48%. Close -7.58% vs SPY -0.57%
2025Q4ended 2025-11-302025-12-10 16:305.5005.3994.4516,1946,110EPS +1.9% · sales +1.4%vs 2024Q4, year-ago quarter · EPS +14.3% · sales +10.5%30 EPS · 28 salesOpen -0.43% vs SPY -0.35%. Close +2.13% vs SPY +0.23%
2025Q3ended 2025-08-312025-09-11 16:305.3105.1854.1785,9885,918EPS +2.4% · sales +1.2%vs 2024Q3, year-ago quarter · EPS +14.2% · sales +10.7%31 EPS · 29 salesOpen +3.01% vs SPY 0.00%. Close -0.34% vs SPY -0.03%
2025Q2ended 2025-05-312025-06-12 16:305.0604.9733.9425,8735,799EPS +1.8% · sales +1.3%vs 2024Q2, year-ago quarter · EPS +12.9% · sales +10.6%30 EPS · 27 salesOpen -5.12% vs SPY -0.87%. Close -5.32% vs SPY -1.12%
2025Q1ended 2025-02-282025-03-12 16:305.0804.9734.1355,7145,662EPS +2.1% · sales +0.9%vs 2024Q1, year-ago quarter · EPS +13.4% · sales +10.3%30 EPS · 28 salesOpen -7.60% vs SPY -0.07%. Close -13.85% vs SPY -1.33%
2024Q4ended 2024-11-302024-12-11 16:304.8104.6693.7995,6065,540EPS +3.0% · sales +1.2%vs 2023Q4, year-ago quarter · EPS +12.6% · sales +11.1%31 EPS · 28 salesOpen -11.35% vs SPY -0.14%. Close -13.69% vs SPY -0.52%
2024Q3ended 2024-08-312024-09-12 16:304.6504.5323.7625,4085,372EPS +2.6% · sales +0.7%vs 2023Q3, year-ago quarter · EPS +13.7% · sales +10.6%30 EPS · 27 salesOpen -9.20% vs SPY +0.11%. Close -8.47% vs SPY +0.52%
2024Q2ended 2024-05-312024-06-13 16:304.4804.3903.4885,3095,291EPS +2.1% · sales +0.3%vs 2023Q2, year-ago quarter · EPS +14.6% · sales +10.2%30 EPS · 27 salesOpen +15.59% vs SPY -0.29%. Close +14.51% vs SPY +0.06%
2024Q1ended 2024-02-292024-03-14 16:304.4804.3781.3605,1825,143EPS +2.3% · sales +0.7%vs 2023Q1, year-ago quarter · EPS +17.9% · sales +11.3%29 EPS · 26 salesOpen -12.41% vs SPY -0.92%. Close -13.67% vs SPY -0.99%
2023Q4ended 2023-11-302023-12-13 16:304.2704.1343.2315,0485,014EPS +3.3% · sales +0.7%vs 2022Q4, year-ago quarter · EPS +18.6% · sales +11.6%31 EPS · 27 salesOpen -5.01% vs SPY +0.43%. Close -6.35% vs SPY +0.32%
2023Q3ended 2023-08-312023-09-14 16:304.0903.9793.0574,8904,867EPS +2.8% · sales +0.5%vs 2022Q3, year-ago quarter · EPS +20.3% · sales +10.3%27 EPS · 24 sales-
2023Q2ended 2023-05-312023-06-15 16:303.9103.7902.8214,8164,772EPS +3.2% · sales +0.9%vs 2022Q2, year-ago quarter · EPS +16.7% · sales +9.8%30 EPS · 26 sales-
2023Q1ended 2023-02-282023-03-15 16:303.8003.6802.7114,6554,623EPS +3.3% · sales +0.7%vs 2022Q1, year-ago quarter · EPS +12.8% · sales +9.2%28 EPS · 24 sales-
2022Q4ended 2022-11-302022-12-15 16:303.6003.5022.5244,5254,527EPS +2.8% · sales 0.0%vs 2021Q4, year-ago quarter · EPS +12.5% · sales +10.1%28 EPS · 24 sales-

Annual earnings

2025FY EPS 20.940 beat 20.823, from 18.420 a year earlier. Sales 23,769 beat 23,692, from 21,505 a year earlier
EPS
20.94002018FY EPS 6.760 against 6.81620182019FY EPS 7.870 against 7.84120192020FY EPS 10.100 against 9.94420202021FY EPS 12.480 against 12.47420212022FY EPS 13.710 against 13.62620222023FY EPS 16.070 against 15.93120232024FY EPS 18.420 against 18.26920242025FY EPS 20.940 against 20.8232025
Sales, USD millions
23,76902018FY sales 9,030 against 8,99120182019FY sales 11,171 against 11,15220192020FY sales 12,868 against 12,80520202021FY sales 15,785 against 15,75320212022FY sales 17,606 against 17,61020222023FY sales 19,409 against 19,37720232024FY sales 21,505 against 21,44120242025FY sales 23,769 against 23,6922025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-34.840--37,3856.87
2029FYestimate-29.451--30,6488.13
2028FYestimate-30.552--31,1917.84
2027FYestimate-27.571--29,0608.68
2026FYestimate-24.481--26,6069.78
2025FY20.94020.82316.70023,76923,69215.29
2024FY18.42018.26912.36421,50521,44128.01
2023FY16.07015.93111.82619,40919,37738.02
2022FY13.71013.62610.09817,60617,61025.16
2021FY12.48012.47410.02515,78515,75353.67
2020FY10.1009.94410.83412,86812,80547.37
2019FY7.8707.8416.00411,17111,15239.33
2018FY6.7606.8165.2009,0308,99137.11
2017FY4.3104.2173.3807,3027,24842.10
2016FY3.0102.9772.3205,8545,83534.16
2015FY2.0802.0681.2404,7964,795115.11
2014FY1.2901.2370.5004,1474,139185.61
2013FY1.3401.3470.5604,0554,043178.68
2012FY2.3502.3131.6604,4044,357101.89
2011FY2.3502.2861.6504,2164,151101.89
2010FY1.9301.9011.4703,8003,755124.06

Quarterly results

2026Q3 revenue 6,760, from 5,988 a year earlier. Operating margin 35.1%, from 36.3% a year earlier
Revenue, USD millions
6,76002024Q4 revenue 5,60624Q42025Q1 revenue 5,71425Q12025Q2 revenue 5,87325Q22025Q3 revenue 5,98825Q32025Q4 revenue 6,19425Q42026Q1 revenue 6,39826Q12026Q2 revenue 6,61826Q22026Q3 revenue 6,76026Q3
Operating margin
38.802024Q4 operating margin 36.3%24Q42025Q1 operating margin 37.9%25Q12025Q2 operating margin 35.9%25Q22025Q3 operating margin 36.3%25Q32025Q4 operating margin 36.5%25Q42026Q1 operating margin 38.8%26Q12026Q2 operating margin 35.4%26Q22026Q3 operating margin 35.1%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026Q4 E 6.33 per share.
PeriodTypeScaleDateMeanvs prior date
2026Q4Eper share2026-11-116.33+0.0%
2026FYSUSD millions2026-11-1126,6060.0%
2026Q4SUSD millions2026-11-106,829+0.0%
2026Q4Rper share2026-11-094.74-0.5%
2026FYEper share2026-11-0624.48+0.0%
2026FYRper share2026-11-0218.32+0.4%
2026Q3Eper share2026-09-076.08+0.0%
2026Q3SUSD millions2026-09-036,694+0.0%
2026Q3Rper share2026-08-264.480.0%
2026Q2Eper share2026-06-055.82+0.0%
2026Q2Rper share2026-06-054.45-0.2%
2026Q2SUSD millions2026-06-056,454+0.0%
2026Q1Eper share2026-03-095.87+0.0%
2026Q1SUSD millions2026-03-066,277+0.0%
2026Q1Rper share2026-03-054.56+0.2%
2025FYEper share2025-12-0820.82+0.0%
2025Q4Eper share2025-12-085.40+0.0%
2025FYSUSD millions2025-12-0523,692+0.0%
2025Q4SUSD millions2025-12-056,1100.0%
2025FYRper share2025-12-0116.50+0.1%
2025Q4Rper share2025-11-264.290.0%
2025Q3Eper share2025-09-105.180.0%
2025Q3SUSD millions2025-09-085,9180.0%
2025Q3Rper share2025-08-274.050.0%
2025Q2Eper share2025-06-104.970.0%
2025Q2SUSD millions2025-06-105,799+0.0%
2025Q2Rper share2025-06-083.870.0%
2025Q1Eper share2025-03-104.970.0%
2025Q1SUSD millions2025-03-105,6620.0%
2025Q1Rper share2025-03-053.900.0%
2024FYEper share2024-12-0918.270.0%
2024Q4Eper share2024-12-094.670.0%
2024FYSUSD millions2024-12-0921,4410.0%
2024Q4SUSD millions2024-12-095,5400.0%
2024FYRper share2024-11-2712.250.0%
2024Q4Rper share2024-11-273.670.0%
2024Q3Eper share2024-09-104.530.0%
2024Q3SUSD millions2024-09-105,3720.0%
2024Q3Rper share2024-08-283.500.0%
2024Q2Eper share2024-06-124.390.0%
2024Q2Rper share2024-06-093.400.0%
2024Q2SUSD millions2024-06-075,291+0.0%
2023FYSUSD millions2023-12-1219,3770.0%
2023FYEper share2023-12-1115.930.0%
2023FYRper share2023-11-2911.680.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share3.385.26.00410.83410.02510.09811.82612.36416.69817.9251-
Sales USD millions7,2698,98111,13112,86515,80117,43019,36821,52523,76725,970-
Shares million shares491488482479475462455441413-391
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share3.7623.7994.1353.9424.1784.4514.5964.2594.62
Sales USD millions5,4085,6065,7145,8735,9886,1946,3986,6186,760
Shares million shares445441435427420413406399391

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY11/30/20252024FY11/30/20242023FY11/30/20232022FY11/30/20222021FY11/30/20212020FY11/30/20202019FY11/30/20192018FY11/30/2018
Total Revenue25,970.0023,767.00+10.4%21,525.00+11.1%19,368.00+11.1%17,430.00+10.3%15,801.00+22.8%12,865.00+15.6%11,131.42+23.9%8,981.36
Cost of Goods Sold Incl. D&A2,940.002,708.00+7.2%2,527.00+0.2%2,522.00+8.1%2,334.00+14.6%2,037.00+8.1%1,884.00+2.0%1,847.96+43.7%1,286.10
Gross Profit23,030.0021,059.00+10.8%18,998.00+12.8%16,846.00+11.6%15,096.00+9.7%13,764.00+25.3%10,981.00+18.3%9,283.46+20.6%7,695.26
Selling, General and Administrative Excl. Other13,572.0012,347.00+10.6%11,163.00+9.1%10,235.00+11.6%9,174.00+15.5%7,946.00+17.8%6,747.00+11.4%6,055.21+23.5%4,903.54
Research and Development4,694.004,294.00+8.9%3,944.00+13.6%3,473.00+16.3%2,987.00+17.6%2,540.00+16.1%2,188.00+13.4%1,930.23+25.5%1,537.81
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income9,458.008,712.00+11.2%7,835.00+18.5%6,611.00+11.6%5,922.00+1.8%5,818.00+37.4%4,234.00+31.2%3,228.25+15.6%2,791.72
Interest Expense260.00260.00+58.5%164.00+51.9%108.000.0%108.00-0.9%109.00-3.5%113.00-27.6%155.99+74.8%89.24
Unusual Expense187.00-36.00-103.5%1,039.00-10.00-134.5%29.00-7.00-9.00-143.6%20.64-51.5%42.57
Net Income Before Taxes9,281.008,734.00+26.0%6,931.00+1.9%6,799.00+13.2%6,008.00+5.3%5,705.00+36.6%4,176.00+30.3%3,204.74+14.7%2,793.88
Income Taxes1,997.001,604.00+17.0%1,371.000.0%1,371.00+9.5%1,252.00+41.8%883.00-1,084.00-528.0%253.28+24.7%203.10
Consolidated Net Income7,284.007,130.00+28.2%5,560.00+2.4%5,428.00+14.1%4,756.00-1.4%4,822.00-8.3%5,260.00+78.2%2,951.46+13.9%2,590.77
Net Income From Continuing Operations7,284.007,130.00+28.2%5,560.00+2.4%5,428.00+14.1%4,756.00-1.4%4,822.00-8.3%5,260.00+78.2%2,951.46+13.9%2,590.77
Net Income7,284.007,130.00+28.2%5,560.00+2.4%5,428.00+14.1%4,756.00-1.4%4,822.00-8.3%5,260.00+78.2%2,951.46+13.9%2,590.77
EPS (Recurring) per share18.7516.64+19.0%13.98+18.4%11.81+16.5%10.14+1.3%10.01-7.5%10.82+79.4%6.03+14.6%5.26
EPS (Basic, Before Extraordinaries) per share17.9416.74+34.6%12.44+4.7%11.88+17.4%10.12+0.2%10.10-7.7%10.94+80.2%6.07+15.0%5.28
EPS (Diluted) per share17.9316.70+35.1%12.36+4.5%11.83+17.1%10.10+0.7%10.03-7.4%10.83+80.5%6.00+15.4%5.20
EBITDA10,224.009,530.00+8.7%8,769.00+16.1%7,555.00+10.1%6,861.00+2.7%6,679.00+31.5%5,078.00+28.1%3,964.92+26.3%3,138.21
Non-Operating Income (Expense)270.00246.00-17.7%299.00+4.5%286.00+28.3%223.00-11.00-123.9%46.00-70.0%153.11+14.3%133.96
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense1,637.671,534.18+5.0%1,461.00+3.0%1,419.00+23.5%1,149.00+65.3%695.00+4.7%663.57+23.0%539.30+39.3%387.16
Price To Earnings Ratio ratio statement ratio, not the snapshot13.3113.3143.5751.6934.1566.8644.1254.9448.16
Price To Sales Ratio ratio4.445.7510.7814.519.2318.7718.0013.6713.91
Gross Margin %88.6888.6188.2686.9886.6187.1185.3683.4085.68
Operating Margin %36.4236.6636.4034.1333.9836.8232.9129.0031.08
Net Margin %28.0530.0025.8328.0327.2930.5240.8926.5128.85
Shares Outstanding million shares391.00413.00-6.3%441.00-3.1%455.00-1.5%462.00-2.7%475.00-0.8%479.00-0.7%482.34-1.1%487.66
Market Capitalization92,839.7792,839.77-59.1%227,112.39-18.4%278,192.85+73.5%160,357.96-49.7%318,714.63+38.9%229,531.15+53.2%149,836.97+22.3%122,467.94

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q38/31/20262026Q25/31/20262026Q12/28/20262025Q411/30/20252025Q38/31/20252025Q25/31/20252025Q12/28/20252024Q411/30/2024
Total Revenue6,760.00+12.9%6,618.00+12.7%6,398.00+12.0%6,194.00+10.5%5,988.00+10.7%5,873.00+10.6%5,714.00+10.3%5,606.00+11.2%
Cost of Goods Sold Incl. D&A803.00+17.9%752.00+10.8%699.00+5.4%686.00+4.3%681.00+14.1%679.00+6.1%663.00+4.9%658.00-2.7%
Gross Profit5,957.00+12.2%5,866.00+12.9%5,699.00+12.8%5,508.00+11.3%5,307.00+10.3%5,194.00+11.2%5,051.00+11.0%4,948.00+13.3%
Selling, General and Administrative Excl. Other3,585.00+14.4%3,523.00+14.2%3,217.00+11.4%3,247.00+11.5%3,134.00+11.2%3,085.00+10.8%2,888.00+9.3%2,913.00+10.9%
Research and Development1,288.00+18.4%1,198.00+10.7%1,110.00+8.2%1,098.00+9.9%1,088.00+6.5%1,082.00+10.0%1,026.00+9.3%999.00+12.4%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income2,372.00+9.2%2,343.00+11.1%2,482.00+14.7%2,261.00+11.1%2,173.00+9.1%2,109.00+11.9%2,163.00+13.4%2,035.00+17.0%
Interest Expense66.00-1.5%65.00-4.4%63.00+1.6%66.00+32.0%67.00+31.4%68.00+65.9%62.00+129.6%50.00+78.6%
Unusual Expense18.00105.0064.000.00-100.0%0.000.000.00-100.0%78.00
Net Income Before Taxes2,357.00+7.8%2,238.00+6.5%2,422.00+11.0%2,264.00+13.7%2,187.00+7.1%2,101.00+8.9%2,182.00+125.4%1,991.00+10.1%
Income Taxes530.00+27.7%526.00+28.3%533.00+43.7%408.00+32.5%415.00+15.9%410.00+14.8%371.00+6.6%308.00-5.2%
Consolidated Net Income1,827.00+3.1%1,712.00+1.2%1,889.00+4.3%1,856.00+10.3%1,772.00+5.2%1,691.00+7.5%1,811.00+192.1%1,683.00+13.5%
Net Income From Continuing Operations1,827.00+3.1%1,712.00+1.2%1,889.00+4.3%1,856.00+10.3%1,772.00+5.2%1,691.00+7.5%1,811.00+192.1%1,683.00+13.5%
Net Income1,827.00+3.1%1,712.00+1.2%1,889.00+4.3%1,856.00+10.3%1,772.00+5.2%1,691.00+7.5%1,811.00+192.1%1,683.00+13.5%
EPS (Recurring) per share4.65+11.2%4.44+12.7%4.71+14.0%4.45+13.5%4.18+11.2%3.94+12.9%4.13+42.9%3.92+21.4%
EPS (Basic, Before Extraordinaries) per share4.63+10.8%4.26+7.8%4.61+11.1%4.45+16.5%4.18+10.6%3.95+12.9%4.15+202.9%3.82+17.2%
EPS (Diluted) per share4.62+10.5%4.26+8.1%4.60+11.4%4.45+17.1%4.18+11.2%3.94+12.9%4.13+203.7%3.80+17.6%
EBITDA2,587.00+8.7%2,536.00+9.4%2,656.00+11.6%2,445.00+7.5%2,381.00+7.1%2,318.00+9.4%2,380.00+11.4%2,274.00+14.8%
Non-Operating Income (Expense)69.00-14.8%65.00+8.3%67.00-17.3%69.00-17.9%81.00-19.8%60.00-30.2%81.00-8.0%84.00-12.5%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense425.81+8.5%423.44+11.4%402.11+7.2%386.31+10.9%392.63+4.9%379.99+3.0%375.25+5.3%348.39+3.3%
Price To Earnings Ratio ratio statement ratio, not the snapshot13.3115.1015.7119.9422.8127.3435.3443.57
Price To Sales Ratio ratio4.444.144.415.626.537.888.7210.63
Gross Margin %88.1288.6489.0788.9288.6388.4488.4088.26
Operating Margin %35.0935.4038.7936.5036.2935.9137.8536.30
Net Margin %27.0325.8729.5229.9629.5928.7931.6930.02
Shares Outstanding million shares391.00-6.9%399.00-6.6%406.00-6.7%413.00-6.3%420.00-5.6%427.00-4.9%435.00-4.0%441.00-3.1%
Market Capitalization92,839.77-38.6%104,772.68-40.8%107,719.30-43.6%134,006.42-41.0%151,312.14-40.6%176,911.36-11.2%190,909.11-24.6%227,112.39-18.4%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY11/30/20252024FY11/30/20242023FY11/30/20232022FY11/30/20222021FY11/30/20212020FY11/30/20202019FY11/30/20192018FY11/30/20182017FY11/30/2017
Cash & Short Term Investments6,595.00-16.4%7,886.00+0.6%7,842.00+28.6%6,096.00+5.1%5,798.00-3.2%5,992.00+43.5%4,176.98+29.4%3,228.96-44.5%5,819.77
Short Term Receivables2,585.00+11.4%2,320.00-1.9%2,365.00+9.4%2,162.00+15.1%1,878.00+34.3%1,398.00-8.9%1,534.81+16.7%1,315.58+8.0%1,217.97
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets726.00-6.1%773.00-11.9%877.00+18.8%738.00-6.3%788.00+36.3%578.00-7.4%624.14+99.7%312.50+48.8%210.07
Total Current Assets9,906.00-9.8%10,979.00-0.9%11,084.00+23.2%8,996.00+6.3%8,464.00+6.2%7,968.00+25.8%6,335.93+30.4%4,857.04-33.0%7,247.81
Net Property, Plant & Equipment2,185.00-1.4%2,217.00-7.2%2,388.00+3.2%2,315.00+9.4%2,116.00+5.6%2,004.00+55.0%1,293.02+20.3%1,075.07+14.7%936.98
Total Investments and Advances22.00-8.3%24.000.000.000.000.000.000.000.00
Long-Term Note Receivable-------0.000.00
Intangible Assets13,352.00-1.6%13,570.00-2.3%13,893.00-2.4%14,236.00-1.7%14,488.00+19.7%12,101.00-2.5%12,411.76-1.9%12,650.05+103.8%6,207.22
Deferred Tax Assets2,186.00+31.9%1,657.00+39.1%1,191.00+53.3%777.00-28.4%1,085.00-20.8%1,370.00+206.3%447.27-12.7%512.49+68.5%304.15
Other Assets1,845.00+3.5%1,783.00+45.8%1,223.00+45.4%841.00-22.7%1,088.00+29.4%841.00+16.5%721.70+286.9%186.52+29.9%143.55
Total Assets29,496.00-2.4%30,230.00+1.5%29,779.00+9.6%27,165.00-0.3%27,241.00+12.2%24,284.00+14.5%21,209.67+10.0%19,281.17+29.9%14,839.70
Short Term Debt Incl. Current Port. of LT Debt77.00-95.1%1,574.00+2056.2%73.00-87.6%587.00+505.2%97.00+5.4%92.00-97.1%3,149.340.000.00
Accounts Payable417.00+15.5%361.00+15.0%314.00-17.2%379.00+21.5%312.00+2.0%306.00+46.1%209.50+12.5%186.26+64.0%113.54
Income Tax Payable153.00+28.6%119.00+40.0%85.00+13.3%75.00+38.9%54.00-14.3%63.00+13.4%55.56+55.6%35.71+151.5%14.20
Other Current Liabilities9,553.00+12.8%8,467.00+8.8%7,779.00+9.8%7,087.00+9.6%6,469.00+28.1%5,051.00+5.7%4,776.53+17.1%4,079.16+20.0%3,399.72
Total Current Liabilities10,200.00-3.1%10,521.00+27.5%8,251.00+1.5%8,128.00+17.3%6,932.00+25.8%5,512.00-32.7%8,190.94+90.4%4,301.13+21.9%3,527.46
Long Term Debt6,571.00+46.6%4,482.00+11.9%4,007.00-1.0%4,046.00-11.6%4,576.00-0.9%4,616.00+366.8%988.92-76.0%4,124.80+119.2%1,881.42
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities----5.00-50.0%10.00-98.3%587.77+5.1%559.19-4.3%584.09
Other Liabilities1,102.00-1.8%1,122.00+11.9%1,003.00+6.7%940.00+1.0%931.00+5.6%882.00-3.3%911.88-2.4%933.94+141.4%386.87
Total Liabilities17,873.00+10.8%16,125.00+21.6%13,261.00+1.1%13,114.00+5.4%12,444.00+12.9%11,020.00+3.2%10,679.51+7.7%9,919.06+55.5%6,379.84
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity11,623.00-17.6%14,105.00-14.6%16,518.00+17.6%14,051.00-5.0%14,797.00+11.6%13,264.00+26.0%10,530.16+12.5%9,362.11+10.7%8,459.87
Total Shareholders Equity11,623.00-17.6%14,105.00-14.6%16,518.00+17.6%14,051.00-5.0%14,797.00+11.6%13,264.00+26.0%10,530.16+12.5%9,362.11+10.7%8,459.87
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity11,623.00-17.6%14,105.00-14.6%16,518.00+17.6%14,051.00-5.0%14,797.00+11.6%13,264.00+26.0%10,530.16+12.5%9,362.11+10.7%8,459.87
Total Liabilities & Stockholders Equity29,496.00-2.4%30,230.00+1.5%29,779.00+9.6%27,165.00-0.3%27,241.00+12.2%24,284.00+14.5%21,209.67+10.0%19,281.17+29.9%14,839.70
Book Value Per Share per share28.14-12.0%31.98-11.9%36.30+19.4%30.41-2.4%31.15+12.5%27.69+26.8%21.83+13.7%19.20+11.5%17.22
Tangible Book Value Per Share per share-4.19-446.3%1.21-79.0%5.77-0.40-161.5%0.65-73.3%2.43-3.90-6.74-246.8%4.59
Full-Time Employees people31,360+2.1%30,709+2.6%29,945+2.4%29,239+12.5%25,988+15.4%22,516-0.5%22,634+6.0%21,357+18.8%17,973
Price to Book Ratio ratio7.9315.7816.8311.3421.5017.2814.6513.0710.54
Return on Assets %23.8818.5319.0617.4818.7223.1214.5815.1912.18
Return on Equity %55.4336.3135.5132.9734.3744.2129.6729.0721.33
Return on Invested Capital %39.1929.9126.4526.2824.8929.4225.6219.2116.38
Quick Ratio ratio0.971.041.341.111.221.450.771.132.05
Current Ratio ratio0.971.041.341.111.221.450.771.132.05

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY11/30/20252024FY11/30/20242023FY11/30/20232022FY11/30/20222021FY11/30/20212020FY11/30/20202019FY11/30/20192018FY11/30/2018
Net Income7,284.007,130.00+28.2%5,560.00+2.4%5,428.00+14.1%4,756.00-1.4%4,822.00-8.3%5,260.00+78.2%2,951.46+13.9%2,590.77
Depreciation766.00818.00-12.4%934.00-1.1%944.00+0.5%939.00+9.1%861.00+2.0%844.00+14.6%736.67+112.6%346.49
Other Funds (Non Cash)2,246.001,990.00+5.5%1,886.00+10.2%1,711.00+15.7%1,479.00+38.0%1,072.00+14.3%938.00+24.4%753.91+22.1%617.55
Funds from Operations10,339.009,426.00+19.1%7,912.00+3.3%7,657.00+2.1%7,502.00+8.1%6,938.00+25.2%5,541.00+24.7%4,444.75+44.0%3,085.88
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital467.00605.00+320.1%144.00-355.00-205.7%336.00+15.1%292.00+57.0%186.00-22.93-102.4%943.43
Income Taxes Payable-31.00-45.00-166.2%68.00-11.00-157.9%19.00+850.0%2.00-72.00-1834.9%4.15-99.1%479.18
Cash from Operating Activities10,806.0010,031.00+24.5%8,056.00+10.3%7,302.00-6.8%7,838.00+8.4%7,230.00+26.2%5,727.00+29.5%4,421.81+9.7%4,029.30
Capital Expenditures-212.00-313.00-291.00-413.00-488.00-390.00-434.00-443.21-285.09
Net Assets From Acquisitions-1,560.00-17.000.000.00-126.00-2,682.000.00-100.70-6,314.38
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.000.00
Purchase or Sale of Investments-284.00-860.00-296.3%438.00-63.1%1,188.00+2600.0%44.00-465.00-4327.3%11.00-87.2%85.78-95.5%1,914.18
Purchase of Investments-2,308.00-2,034.00-59.000.00-909.00-1,533.00-1,071.00-699.89-566.08
Sale Or Maturity of Investments2,024.001,174.00+136.2%497.00-58.2%1,188.00+24.7%953.00-10.8%1,068.00-1.3%1,082.00+37.7%785.68-68.3%2,480.26
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources2.003.00+50.0%2.00+100.0%1.000.000.00-100.0%9.00+252.9%2.550.00
Cash from Investing Activities-2,054.00-1,187.00-896.6%149.00-80.8%776.00-570.00-3,537.00-414.00-455.58-4,685.30
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-9,033.00-10,933.00-9,139.00-4,086.00-6,272.00-3,659.00-2,780.00-2,517.07-1,859.01
Repurchase of Common Pref Stock-9,295.00-11,281.00-9,500.00-4,400.00-6,550.00-3,950.00-3,050.00-2,750.00-2,050.00
Sale of Common Pref Stock262.00348.00-3.6%361.00+15.0%314.00+12.9%278.00-4.5%291.00+7.8%270.00+15.9%232.93+22.0%190.99
Proceedsfrom Stock Options262.00348.00-3.6%361.00+15.0%314.00+12.9%278.00-4.5%291.00+7.8%270.00+15.9%232.93+22.0%190.99
Issuance or Reduction of Debt, Net243.00497.00-75.1%1,997.00-500.000.000.00-6.000.00-100.0%2,246.64
Change in Long Term Debt243.00497.00-75.1%1,997.00-500.000.000.00-6.000.00-100.0%2,246.64
Issuance of Long Term Debt493.001,997.000.0%1,997.000.000.000.00-100.0%3,144.000.00-100.0%2,248.34
Reduction of Long Term Debt-250.00-1,500.000.00-500.000.000.00-3,150.000.00-1.71
Net Financing Active Other Cash Flow-579.00-624.00-582.00-596.00-553.00-642.00-702.00-428.98-393.19
Other Financing Activities Uses-579.00-624.00-677.00-596.00-553.00-719.00-702.00-439.98-393.19
Cash from Financing Activities-9,369.00-11,060.00-7,724.00-5,182.00-6,825.00-4,301.00-3,488.00-2,946.04-5.57
Exchange Rate Effect-6.0034.00-9.00-200.0%9.00-51.00-26.00-966.7%3.00-12.74-1.74
Net Change in Cash-623.00-2,182.00-562.3%472.00-83.8%2,905.00+641.1%392.00-634.00-134.7%1,828.00+81.4%1,007.45-663.30
Free Cash Flow10,592.009,852.00+25.1%7,873.00+13.4%6,942.00-6.1%7,396.00+7.5%6,882.00+29.7%5,308.00+31.8%4,027.33+7.0%3,762.72
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio10.8913.8729.4740.5021.7543.0943.6337.7833.20
Deferred Taxes & Investment Tax Credit--512.00-468.00-426.00-229.9%328.00+79.2%183.00-1,501.00-55487.5%2.71-468.94

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q38/31/20262026Q25/31/20262026Q12/28/20262025Q411/30/20252025Q38/31/20252025Q25/31/20252025Q12/28/20252024Q411/30/2024
Cash & Short Term Investments5,639.00-5.1%5,626.00-1.5%6,890.00-7.3%6,595.00-16.4%5,940.00-21.0%5,713.00-29.2%7,435.00+9.0%7,886.00+0.6%
Short Term Receivables2,081.00-0.6%1,993.00+14.9%2,092.00+6.0%2,585.00+11.4%2,093.00+16.1%1,735.00+7.6%1,973.00-10.7%2,320.00-1.9%
Inventories0.000.000.000.000.000.000.000.00
Other Current Assets1,438.00+4.3%1,449.00-5.3%1,404.00-3.0%726.00-6.1%1,379.00-1.4%1,530.00+13.7%1,447.00+48.0%773.00-11.9%
Total Current Assets9,158.00-2.7%9,068.00+1.0%10,386.00-4.3%9,906.00-9.8%9,412.00-12.2%8,978.00-18.6%10,855.00+8.5%10,979.00-0.9%
Net Property, Plant & Equipment2,156.00-2.7%2,169.00+0.9%2,157.00-0.1%2,185.00-1.4%2,215.00-5.2%2,149.00-8.6%2,159.00-8.3%2,217.00-7.2%
Total Investments and Advances20.00-79.2%46.00-30.3%116.00+73.1%22.00-8.3%96.00+9500.0%66.0067.0024.00
Intangible Assets14,993.00+11.7%15,053.00+11.8%13,323.00-1.2%13,352.00-1.6%13,417.00-1.9%13,461.00-2.0%13,483.00-2.4%13,570.00-2.3%
Deferred Tax Assets1,928.00-7.8%1,998.00+0.7%2,138.00+17.5%2,186.00+31.9%2,092.00+35.1%1,984.00+38.2%1,820.00+38.9%1,657.00+39.1%
Other Assets1,726.00+13.4%1,599.00+8.8%1,584.00+0.8%1,845.00+3.5%1,522.00-2.2%1,469.00+0.5%1,571.00+24.2%1,783.00+45.8%
Total Assets29,981.00+4.3%29,933.00+6.5%29,704.00-0.8%29,496.00-2.4%28,754.00-3.6%28,107.00-6.3%29,955.00+4.2%30,230.00+1.5%
Short Term Debt Incl. Current Port. of LT Debt1,686.00+2178.4%1,934.00+2513.5%933.00+1160.8%77.00-95.1%74.00-95.3%74.00-95.3%74.00-95.3%1,574.00+2056.2%
Accounts Payable529.00+57.0%499.00+38.6%419.00+28.5%417.00+15.5%337.00+6.0%360.00+0.8%326.00+8.7%361.00+15.0%
Income Tax Payable63.00-59.1%38.00-70.5%506.00+8.8%153.00+28.6%154.00+18.5%129.00+35.8%465.00+278.0%119.00+40.0%
Other Current Liabilities9,610.00+10.8%9,607.00+13.3%9,532.00+14.9%9,553.00+12.8%8,674.00+13.7%8,476.00+13.7%8,298.00+10.0%8,467.00+8.8%
Total Current Liabilities11,888.00+28.7%12,078.00+33.6%11,390.00+24.3%10,200.00-3.1%9,239.00-4.2%9,039.00-4.6%9,163.00-3.9%10,521.00+27.5%
Long Term Debt5,076.00-22.6%5,131.00-20.9%5,723.00-11.8%6,571.00+46.6%6,562.00+45.5%6,489.00+43.4%6,489.00+157.9%4,482.00+11.9%
Provision for Risks Charges0.000.000.000.000.000.000.000.00
Other Liabilities1,253.00+5.9%1,206.00+6.6%1,158.00-4.1%1,102.00-1.8%1,183.00+4.5%1,131.00-2.9%1,208.00-2.4%1,122.00+11.9%
Total Liabilities18,217.00+7.3%18,415.00+10.5%18,271.00+8.4%17,873.00+10.8%16,984.00+11.1%16,659.00+9.9%16,860.00+26.9%16,125.00+21.6%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity11,764.00-0.1%11,518.00+0.6%11,433.00-12.7%11,623.00-17.6%11,770.00-19.1%11,448.00-22.9%13,095.00-15.3%14,105.00-14.6%
Total Shareholders Equity11,764.00-0.1%11,518.00+0.6%11,433.00-12.7%11,623.00-17.6%11,770.00-19.1%11,448.00-22.9%13,095.00-15.3%14,105.00-14.6%
Accumulated Minority Interest0.000.000.000.000.000.000.000.00
Total Equity11,764.00-0.1%11,518.00+0.6%11,433.00-12.7%11,623.00-17.6%11,770.00-19.1%11,448.00-22.9%13,095.00-15.3%14,105.00-14.6%
Total Liabilities & Stockholders Equity29,981.00+4.3%29,933.00+6.5%29,704.00-0.8%29,496.00-2.4%28,754.00-3.6%28,107.00-6.3%29,955.00+4.2%30,230.00+1.5%
Book Value Per Share per share30.09+7.4%28.87+7.7%28.16-6.4%28.14-12.0%28.02-14.3%26.81-18.9%30.10-11.8%31.98-11.9%
Tangible Book Value Per Share per share-8.26-8.86-4.66-4.19-446.3%-3.92-300.0%-4.71-290.7%-0.89-124.5%1.21-79.0%
Full-Time Employees people---31,360+2.1%---30,709+2.6%
Price to Book Ratio ratio7.939.209.3211.4213.3013.7913.7115.78
Return on Assets %24.8024.9124.1623.8823.7523.6423.0018.53
Return on Equity %61.9062.9558.7755.4352.8752.2547.2836.31
Return on Invested Capital %10.8510.2811.0110.209.679.439.259.05
Quick Ratio ratio0.770.750.910.971.020.991.181.04
Current Ratio ratio0.770.750.910.971.020.991.181.04

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q38/31/20262026Q25/31/20262026Q12/28/20262025Q411/30/20252025Q38/31/20252025Q25/31/20252025Q12/28/20252024Q411/30/2024
Net Income1,827.00+3.1%1,712.00+1.2%1,889.00+4.3%1,856.00+10.3%1,772.00+5.2%1,691.00+7.5%1,811.00+192.1%1,683.00+13.5%
Depreciation215.00+3.4%193.00-7.7%174.00-19.8%184.00-23.0%208.00-10.3%209.00-10.3%217.00-5.7%239.00-0.4%
Other Funds (Non Cash)557.00+11.6%634.00+27.1%555.00+12.8%500.00-1.8%499.00+6.9%499.00+5.9%492.00+12.1%509.00+19.2%
Funds from Operations2,652.00+11.6%2,586.00+13.4%2,682.00+14.1%2,419.00+5.0%2,376.00+4.2%2,280.00+5.8%2,351.00+100.4%2,304.00+15.2%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-129.00-421.00276.00+110.7%741.00+20.1%-178.00-89.00131.00+13000.0%617.00
Income Taxes Payable56.00+12.0%-424.00371.00+1.6%-34.0050.00+72.4%-426.00365.00+90.1%-48.00
Cash from Operating Activities2,523.00+14.8%2,165.00-1.2%2,958.00+19.2%3,160.00+8.2%2,198.00+8.8%2,191.00+12.9%2,482.00+111.4%2,921.00+82.9%
Capital Expenditures-103.00-16.00-141.0048.00-93.00-183.00-85.00-31.00
Net Assets From Acquisitions0.00-1,560.000.000.00-17.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.00
Purchase or Sale of Investments-564.00-140.00614.00-194.00-488.0%-169.00-296.5%-96.00-158.9%-401.00-388.5%50.00-77.2%
Purchase of Investments-829.00-490.00-306.00-683.00-609.00-209.00-533.00-59.00
Sale Or Maturity of Investments265.00-39.8%350.00+209.7%920.00+597.0%489.00+348.6%440.00+411.6%113.00-30.7%132.00-5.0%109.00-50.2%
Other Uses0.000.000.000.000.000.000.000.00
Other Sources-1.002.00+100.0%1.00-50.0%0.000.001.002.000.0%0.00
Cash from Investing Activities-668.00-1,714.00474.00-146.00-868.4%-279.00-278.00-350.5%-484.00-833.3%19.00-87.6%
Cash Dividends Paid0.000.000.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-2,054.00-2,111.00-2,394.00-2,474.00-1,805.00-3,500.00-3,154.00-2,500.00
Repurchase of Common Pref Stock-2,232.00-2,111.00-2,478.00-2,474.00-2,057.00-3,500.00-3,250.00-2,500.00
Sale of Common Pref Stock178.00-29.4%0.0084.00-12.5%0.00252.00-4.5%0.0096.00-1.0%0.00
Proceedsfrom Stock Options178.00-29.4%0.0084.00-12.5%0.00252.00-4.5%0.0096.00-1.0%0.00
Issuance or Reduction of Debt, Net-250.00493.000.00-100.0%0.000.000.00-100.0%497.000.00
Change in Long Term Debt-250.00493.000.00-100.0%0.000.000.00-100.0%497.000.00
Issuance of Long Term Debt0.00493.000.00-100.0%0.000.000.00-100.0%1,997.000.00
Reduction of Long Term Debt-250.000.000.000.000.000.00-1,500.000.00
Net Financing Active Other Cash Flow-111.00-237.00-150.00-81.00-71.00-288.00-184.00-1.00
Other Financing Activities Uses-111.00-237.00-150.00-81.00-71.00-288.00-184.00-96.00
Cash from Financing Activities-2,415.00-1,855.00-2,544.00-2,555.00-1,876.00-3,788.00-2,841.00-2,501.00
Exchange Rate Effect0.00-100.0%-9.00-118.8%13.00-10.008.00-33.3%48.00-12.00-1300.0%-19.00-371.4%
Net Change in Cash-560.00-1198.0%-1,413.00901.00449.00+6.9%51.00-1,827.00-229.9%-855.00420.00-22.2%
Free Cash Flow2,438.00+14.7%2,107.00-1.7%2,921.00+18.9%3,126.00+8.8%2,126.00+8.2%2,144.00+12.9%2,456.00+116.0%2,873.00+85.4%
Price to Free Cash Flow ratio10.8910.1410.4513.5515.7618.8720.9029.03

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Product386.00325.00-15.8%1.4%
Service, Other598.00540.00-9.7%2.3%
Subscription20,521.0022,904.00+11.6%96.4%
Total21,505.0023,769.00+10.5%100.0%
Region
Name20242025vs 20242025 share
Asia Pacific3,060.003,360.00+9.8%14.1%
EMEA5,554.006,289.00+13.2%26.5%
Other Americas1,392.001,591.00+14.3%6.7%
United States11,499.0012,529.00+9.0%52.7%
Total21,505.0023,769.00+10.5%100.0%
Segment
Name20242025vs 20242025 share
Digital Experience5,366.005,864.00+9.3%24.7%
Digital Media15,864.0017,649.00+11.3%74.3%
Publishing and Advertising275.00256.00-6.9%1.1%
Total21,505.0023,769.00+10.5%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.31%16.8M388.5M4.71M
2026-10-154.62%17.9M388.5M5.05M
2026-09-304.56%17.7M388.5M5.22M
2026-09-154.66%18.5M396.8M5.77M
2026-08-314.38%17.4M396.7M6.28M
2026-08-144.53%18.0M396.7M6.45M
2026-07-314.88%19.3M396.7M6.44M
2026-07-155.11%20.3M396.7M6.39M
2026-06-304.94%19.6M396.7M6.24M
2026-06-155.27%20.9M396.4M5.89M
2026-05-294.63%18.7M403.4M5.49M
2026-05-154.70%19.0M403.4M5.57M
2026-04-304.32%17.4M402.9M5.99M
2026-04-153.66%14.7M402.1M5.96M
2026-03-31-12.2M-5.92M
2026-03-133.23%13.2M408.8M5.39M
2026-02-273.50%14.3M408.8M5.10M
2026-02-133.03%12.4M408.8M4.84M
2026-01-302.92%11.9M408.9M4.27M
2026-01-152.93%12.0M409.0M3.98M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call14095.25102.7597.509.1273.003.000.999-0.0870.000
call14589.5098.0093.118.79313.0016.000.999-0.0870.000
call15084.5093.0088.198.32013.0015.000.999-0.0870.000
call15579.5087.7582.727.7262.002.000.999-0.0870.000
call16074.5082.7587.407.2850.000.000.999-0.0870.000
call16569.5077.7568.696.8550.000.000.999-0.0870.000
call17066.7072.7563.706.4350.000.000.999-0.0870.000
call17559.5067.800.006.0470.000.000.999-0.0870.001
call18054.5062.800.005.6440.000.000.999-0.0870.001
call18549.5057.800.005.2470.000.000.998-0.0860.001
call19045.2052.8047.424.8553.000.000.996-0.1860.001
call19541.6047.8043.294.4692.000.000.995-0.1830.002
call20034.5542.8038.324.0862.000.000.995-0.1800.002
call20530.3037.800.003.7050.000.000.994-0.1770.002
call207.527.8035.3042.913.5151.000.000.993-0.1750.002
call21024.5532.7530.953.30827.0019.000.993-0.1730.002
call212.522.8030.2037.403.1020.000.000.992-0.1710.002
call21519.9027.8025.402.94218.000.000.991-0.1820.003
call217.517.8525.1021.252.69025.000.000.981-0.3150.005
call22014.8020.6016.341.8746.000.000.976-0.3550.006
call222.512.9020.3514.102.37277.000.000.944-0.7380.013
call22510.0517.7513.502.14520.000.000.903-1.1440.019
call227.57.5015.408.551.98054.004.000.832-1.8380.029
call2306.4513.0010.501.79329.0010.000.790-1.9500.033
call232.52.7710.854.651.65643.0014.000.715-2.3100.039
call2353.555.405.100.73616952.000.695-1.5410.040
call237.52.163.503.350.6481482470.568-1.6170.045
call2401.601.961.790.5745486680.416-1.5010.044
call242.50.811.060.910.5594511,3060.294-1.4640.039
call2450.420.610.460.5834892300.235-1.5850.035
call247.50.120.300.210.58617376.000.207-1.7960.033
call2500.100.130.120.5829837510.096-0.8670.019
call252.50.010.090.070.63722345.000.073-0.7630.016
call2550.020.540.040.72781880.000.061-0.7410.014
call257.50.000.050.080.6911141.000.053-0.6290.013
call2600.010.030.020.7716989900.018-0.2630.005
call262.50.000.020.010.74630011.000.004-0.0590.001
call2650.000.010.010.8101,25327.000.004-0.0590.001
call267.50.000.530.010.8771535.000.003-0.0600.001
call2700.000.010.010.8511,82033.000.003-0.0550.001
call272.50.004.300.020.98148.000.000.005-0.0890.002
call2750.010.020.051.06457727.000.003-0.0620.001
call277.50.001.250.041.10614.001.000.005-0.0910.002
call2800.000.010.011.0902353.000.003-0.0580.001
call282.50.004.300.141.24323.001.000.002-0.0640.001
call2850.004.300.151.30176.001.000.002-0.0650.001
call287.50.000.500.101.32723.000.000.004-0.0940.001
call2900.000.050.021.3731171.000.002-0.0630.001
call292.50.004.300.021.46110.000.000.002-0.0650.001
call2950.004.300.051.5252231.000.002-0.0660.001
call297.50.004.300.011.5785.002.000.002-0.0670.001
call3000.000.100.011.58699.001.000.003-0.0970.001
call302.50.004.300.061.6784.000.000.002-0.0670.001
call3050.004.300.021.73022.000.000.002-0.0670.001
call3100.004.300.011.8331280.000.002-0.0680.001
call3150.004.300.011.93311.000.000.002-0.0690.001
call3200.004.300.032.02724.000.000.002-0.0690.001
call3250.004.300.202.1242.000.000.001-0.0690.001
call3300.004.300.102.0192.000.000.001-0.0570.001
call3350.004.300.082.1035.000.000.001-0.0570.001
call3400.004.300.092.18413.000.000.001-0.0580.001
call3450.004.300.082.26414.000.000.001-0.0580.001
call3500.000.050.032.29534.000.000.001-0.0550.001
call3600.004.300.012.49612.000.000.001-0.0590.000
put1400.000.250.053.6531.000.00-0.001-0.0720.000
put1450.004.300.103.4411.000.00-0.003-0.2120.001
put1500.001.500.003.2080.000.00-0.001-0.0710.000
put1550.004.300.002.9920.000.00-0.004-0.2080.002
put1600.004.300.002.7850.000.00-0.004-0.2060.002
put1650.000.010.012.5221070.00-0.001-0.0650.000
put1700.004.300.002.4760.000.00-0.006-0.2360.002
put1750.001.500.082.20427.000.00-0.001-0.0680.001
put1800.004.300.341.77835.000.00-0.002-0.0530.001
put1850.000.010.421.81522.000.00-0.005-0.1630.002
put1900.004.300.501.72451.000.00-0.007-0.1990.002
put1950.000.500.031.5441500.00-0.008-0.1960.003
put2000.001.700.051.5441740.00-0.012-0.2930.004
put2050.000.100.021.26477.000.00-0.011-0.2210.004
put207.50.004.300.121.1946.000.00-0.007-0.1520.002
put2100.000.060.021.10250718.00-0.007-0.1500.002
put212.50.000.160.060.93217.002.00-0.012-0.1770.004
put2150.000.140.080.92016814.00-0.009-0.1580.003
put217.50.010.230.020.83023.003.00-0.019-0.2910.005
put2200.010.050.030.73965144.00-0.024-0.3310.006
put222.50.000.250.030.64851116.00-0.056-0.7130.013
put2250.000.070.050.63256929.00-0.097-1.1190.019
put227.50.010.590.100.72230452.00-0.168-1.8130.029
put2300.150.310.230.594887140-0.210-1.9250.033
put232.50.220.650.360.59023296.00-0.285-2.2840.039
put2350.801.140.960.561361171-0.305-1.5140.040
put237.51.691.991.800.548336297-0.432-1.5910.045
put2402.803.253.000.54126040.00-0.584-1.4740.044
put242.53.355.554.380.69985.0016.00-0.706-1.4370.039
put2455.658.707.911.0451,02316.00-0.765-1.5580.035
put247.54.8512.908.501.64494.002.00-0.793-1.7680.033
put2509.7513.0511.201.19419810.00-0.904-0.8410.019
put252.511.0515.9017.681.4481640.00-0.927-0.7350.016
put25513.5519.0515.621.786143223-0.939-0.7130.014
put257.514.8522.7018.792.2582.000.00-0.960-0.5010.010
put26017.2525.2024.702.40813.0020.00-0.982-0.2340.005
put262.519.8027.6526.482.5380.000.00-0.996-0.0290.001
put26522.2530.2029.732.69211.000.00-0.996-0.0300.001
put267.524.8533.0514.952.6760.000.00-0.997-0.0310.001
put27027.1032.2031.401.8194.0031.00-0.997-0.0310.001
put272.529.8038.0518.803.1970.000.00-0.997-0.0310.001
put27532.3040.5520.733.3250.000.00-0.997-0.0320.001
put277.534.8043.0522.883.4510.000.00-0.997-0.0320.001
put28037.3045.5525.253.5730.000.00-0.997-0.0320.001
put282.539.8048.050.003.6930.000.00-0.998-0.0330.001
put28542.3050.5533.003.8100.000.00-0.998-0.0330.001
put287.544.8053.050.003.9260.000.00-0.998-0.0330.001
put29047.3055.550.004.0390.000.00-0.998-0.0330.001
put292.549.8058.050.004.1500.000.00-0.998-0.0340.001
put29552.3060.550.004.2590.000.00-0.998-0.0340.001
put297.554.8063.050.004.3660.000.00-0.998-0.0340.001
put30057.0565.5536.604.4710.000.00-0.998-0.0340.001
put302.559.8068.0565.284.5750.000.00-0.998-0.0340.001
put30562.3070.5567.764.6770.000.00-0.998-0.0340.001
put31067.3075.550.004.8760.000.00-0.998-0.0340.001
put31572.3080.550.005.0700.000.00-0.998-0.0340.001
put32077.3085.550.005.2580.000.00-0.998-0.0340.001
put32582.3090.550.005.4400.000.00-0.999-0.0340.001
put33087.3095.550.005.6190.000.00-0.999-0.0340.001
put33592.30100.550.005.7920.000.00-0.999-0.0340.001
put34097.30105.550.005.9610.000.00-0.999-0.0340.000
put345102.3110.55106.736.1270.000.00-0.999-0.0340.000
put350108.3115.55111.716.2880.000.00-0.999-0.0340.000
put360117.3125.550.006.6000.000.00-0.999-0.0340.000

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-09-2210-QQuarterly report pursuant to Section 13 or 15(d)2026-08-28SEC
2026-09-184Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-15SEC
2026-09-16144Filing for proposed sale of securities under Rule 144.SEC
2026-09-108-KCurrent report2026-09-10SEC
2026-09-08144Filing for proposed sale of securities under Rule 144.SEC
2026-09-088-KCurrent report2026-09-02SEC
2026-08-174Statement of changes in beneficial ownership of securities2026-08-15SEC
2026-08-07SCHEDULE 13GSEC
2026-07-314Statement of changes in beneficial ownership of securities2026-07-29SEC
2026-07-29144Filing for proposed sale of securities under Rule 144.SEC
2026-07-27SCHEDULE 13G/ASEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-174Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-178-KCurrent report2026-07-14SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090031.34M2
2026-080000
2026-0700109.96K1
2026-061.95M100
2026-050000
2026-040018.78M3
2026-030000
2026-020000
2026-0100485.32K1
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.10.35%
VANGUARD CAPITAL MANAGEMENT LLC6.64%
STATE STREET CORP5.19%
Invesco Ltd.3.71%
GEODE CAPITAL MANAGEMENT, LLC2.99%
VANGUARD PORTFOLIO MANAGEMENT LLC2.36%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1.71%
MORGAN STANLEY1.36%
PRIMECAP MANAGEMENT CO/CA/1.34%
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1.27%

Funds

Fund% owned
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND7.22%
iShares iBoxx $ Investment Grade Corporate Bond ETF4.17%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.23%
VANGUARD 500 INDEX FUND2.63%
Invesco BulletShares 2027 Corporate Bond ETF2.19%
iShares 1-5 Year Investment Grade Corporate Bond ETF2.17%
Invesco QQQ Trust, Series 12.16%
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND1.96%
iShares iBonds Dec 2030 Term Corporate ETF1.78%
VANGUARD TOTAL BOND MARKET INDEX FUND1.74%

OakChart. ADBE. Cached 15 minutes. Terms