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Adobe ADBE Product — Total Revenue

Other product segments

Subscription
$6.42B+13.7%
Services and other
$113M-21.5%

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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$76.88B-51.9%
Enterprise value$79.03B-51.1%
P/E10.6×-12.6×
P/S3.1×-4.0×

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:Revenues.

The official record: Adobe’s 10-Q, filed June 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Adobe's product — total revenue?
Adobe (ADBE) reported product — total revenue of $89M in Q1 2026.
How has Adobe's product — total revenue changed year-over-year?
Adobe's product — total revenue increased by 1.1% year-over-year, from $88M to $89M.
What is the long-term trend for Adobe's product — total revenue?
Over 4 years (2021 to 2025), Adobe's product — total revenue has grown at a -12.5% compound annual growth rate (CAGR), from $555M to $325M.
What does product — total revenue mean?
This metric represents the total gross income generated specifically from the sale of perpetual licenses or legacy product offerings within the company's portfolio. It captures the financial performance of non-subscription-based software assets that are distinct from the primary recurring revenue streams. Monitoring this helps assess the lifecycle and market demand for legacy software products as the business shifts toward cloud-based models.