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Adobe ADBE Price / sales

Price / sales at other companies

Autodesk logo
AutodeskADSK
6.7×-2.5×
Fair Isaac logo
Fair IsaacFICO
11.2×-13.3×
Salesforce logo
SalesforceCRM
3.4×-3.2×
Oracle logo
OracleORCL
6.5×-1.8×
Twilio logo
TwilioTWLO
3.6×+0.3×
Shopify logo
ShopifySHOP
12.5×-0.7×

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$78.02B-40.5%
Enterprise value$80.17B-39.8%
P/E10.8×-8.3×

Profitability

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Gross margin89.4%+0.2pp
Operating margin36.1%-0.3pp
Net margin28.7%-1.7pp

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

Calculated from Adobe’s reported figures.

Based on the most recent quarter.

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 price / sales?
Adobe (ADBE) reported price / sales of 4.2× in Q1 2026.
How has Adobe's price / sales changed year-over-year?
Adobe's price / sales decreased by 46.6% year-over-year, from 7.8× to 4.2×.
What is the long-term trend for Adobe's price / sales?
Over 4 years (2021 to 2025), Adobe's price / sales has grown at a -21.1% compound annual growth rate (CAGR), from 73.8× to 28.6×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.