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Adobe ADBE Digital Media — Acquisitions

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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$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:GoodwillAcquiredDuringPeriod.

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 media — acquisitions?
Adobe (ADBE) reported digital media — acquisitions of $3.5M in Q3 2025.
What is the long-term trend for Adobe's digital media — acquisitions?
Over 2 years (2021 to 2025), Adobe's digital media — acquisitions has grown at a -87.3% compound annual growth rate (CAGR), from $865M to $14M.
What does digital media — acquisitions mean?
This metric quantifies the capital deployed for the purchase of other businesses or technologies to integrate into the creative software segment. It is a key indicator of the company's strategy to expand its product portfolio or enter new markets through inorganic growth.

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