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Adobe ADBE Digital Experience — Goodwill

Other segment segments

Digital Media
$3.91B+0.4%
Publishing and Advertising
$398M0.0%

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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$99.91B-30.5%
Enterprise value$102.05B-29.8%
P/E13.8×-7.1×
P/S-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:Goodwill.

The source filing: Adobe’s 10-K, filed January 15, 2026.

Filed
Jan 15, 2026, 5:01 PM EST
Fiscal year
FY2025
Accession
0000796343-26-000003
(in millions)Digital MediaDigital ExperiencePublishing and AdvertisingTotal Goodwill
Balances at December 1, 2023$3,890$8,517$398$12,805
Foreign currency translation(1)(16)(17)
Balances at November 29, 2024$3,889$8,501$398$12,788
Acquisitions1414
Foreign currency translation35255
Balances at November 28, 2025$3,906$8,553$398$12,857

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Adobe's digital experience — goodwill?
Adobe (ADBE) reported digital experience — goodwill of $8.55B in Q3 2025.
How has Adobe's digital experience — goodwill changed year-over-year?
Adobe's digital experience — goodwill increased by 0.6% year-over-year, from $8.5B to $8.55B.
What does digital experience — goodwill mean?
This metric represents the intangible asset value recorded when the company acquires another business within the digital experience segment for a price exceeding the fair value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and intellectual property.

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