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Adobe ADBE Acquisitions

Acquisitions at other companies

LiveRamp Holdings, Inc. logo
LiveRamp Holdings, Inc.RAMP
$0-100%
Autodesk logo
AutodeskADSK
$55M
Salesforce logo
SalesforceCRM
$1.45B
HubSpot logo
HubSpotHUBS
$19.11M+3.4%
Twilio logo
TwilioTWLO
$0
Shopify logo
ShopifySHOP
$0

Other financials

Income statement

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Revenue$6.6B+12.7%
Gross profit$5.9B+12.8%
Operating income$2.2B+6.1%
Net income$1.7B+1.2%
EPS (diluted)$4.25+7.9%

Balance sheet

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Cash & equivalents$4.9B-0.2%
Total debt$7.1B+7.6%
Total equity$11.5B+0.6%
Total assets$29.9B+6.5%

Cash flow

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Operating cash flow$2.2B-1.2%
CapEx$58.0M+23.4%
Free cash flow$2.1B-1.7%

Valuation

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Market cap$103.08B-29.7%
Enterprise value$105.23B-29.0%
P/E14.3×-7.1×
P/S4.1×-2.4×

Profitability

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Gross margin89.4%+0.2pp
Operating margin36.1%-0.3pp
Net margin28.7%-1.7pp
FCF margin40.8%-1.0pp

Returns & leverage

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Return on equity63%+10.7pp
Debt / equity0.6×0.0×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by Adobe in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Adobe’s 10-Q, filed September 24, 2025.

Filed
Sep 24, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0000796343-25-000107
Line itemNine Months Ended / August 29,2025Nine Months Ended / August 30,2024
Purchases of short-term investments(1,351)
Maturities of short-term investments681379
Proceeds from sales of short-term investments49
Acquisitions, net of cash acquired(17)
Purchases of property and equipment(145)(135)
Purchases of long-term investments, intangibles and other assets(216)(125)
Proceeds from sale of long-term investments and other assets32
Net cash provided by (used for) investing activities(1,041)130

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Adobe's acquisitions?
Adobe (ADBE) reported acquisitions of $17M in Q2 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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