What is Adobe's capex?

Adobe (ADBE) reported capex of $58M in Q1 2026.

How has Adobe's capex changed year-over-year?

Adobe's capex increased by 23.4% year-over-year, from $47M to $58M.

What is the long-term trend for Adobe's capex?

Over 4 years (2021 to 2025), Adobe's capex has grown at a -15.3% compound annual growth rate (CAGR), from $348M to $179M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Adobe ADBE CapEx

CapEx at other companies

Digital TurbineAPPS

$7.45M+7.2%

LiveRamp Holdings, Inc.RAMP

$289K-1.4%

AutodeskADSK

$17M+113%

Fair IsaacFICO

$266K-87.4%

Open TextOTEX

$49.72M+75.0%

SalesforceCRM

$145M-19.0%

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%

Free cash flow$2.1B-1.7%

Valuation

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Market cap$81.5B-46.5%

Enterprise value$83.64B-45.7%

P/E11.3×-10.9×

P/S3.2×-3.5×

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

See full

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:PaymentsToAcquirePropertyPlantAndEquipment.

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 capex?: Adobe (ADBE) reported capex of $58M in Q1 2026.
How has Adobe's capex changed year-over-year?: Adobe's capex increased by 23.4% year-over-year, from $47M to $58M.
What is the long-term trend for Adobe's capex?: Over 4 years (2021 to 2025), Adobe's capex has grown at a -15.3% compound annual growth rate (CAGR), from $348M to $179M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.