Adobe (ADBE) reported G&A of $546M in Q1 2026.

How has Adobe's G&A changed year-over-year?

Adobe's G&A increased by 44.8% year-over-year, from $377M to $546M.

What is the long-term trend for Adobe's G&A?

Over 4 years (2021 to 2025), Adobe's G&A has grown at a 9.7% compound annual growth rate (CAGR), from $1.09B to $1.57B.

Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

Adobe ADBE G&A

G&A at other companies

Digital TurbineAPPS

$36.24M-19.8%

LiveRamp Holdings, Inc.RAMP

$32.99M+2.5%

AutodeskADSK

$162M0.0%

Open TextOTEX

$108.67M-6.1%

SalesforceCRM

$740M+6.2%

DocuSignDOCU

$91.9M+1.8%

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$88.5B-44.6%

Enterprise value$90.65B-43.9%

P/E12.2×-11.0×

P/S3.5×-3.6×

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:GeneralAndAdministrativeExpense.

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 G&A?: Adobe (ADBE) reported G&A of $546M in Q1 2026.
How has Adobe's G&A changed year-over-year?: Adobe's G&A increased by 44.8% year-over-year, from $377M to $546M.
What is the long-term trend for Adobe's G&A?: Over 4 years (2021 to 2025), Adobe's G&A has grown at a 9.7% compound annual growth rate (CAGR), from $1.09B to $1.57B.
What does G&A mean?: Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.