ADOBE INC. — Cash Flow Charts
72 quarters of history · ending 2026-02-27 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Net Debt Issuance
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+19.2% +$476M
$2.96B
Free Cash Flow↑+18.9% +$465M
$2.92B
Investing Cash Flow↑+197.9% +$958M
$474M
Financing Cash Flow↑+10.5% +$297M
$-2.54B
Capex↑+42.3% +$11M
$37M
Acquisitions
$0
Stock Buybacks↓-23.8% -$772M
$2.48B
Stock-Based Comp↑+7.2% +$34M
$509M
Debt Issued↓-100.0% -$2.00B
$0
Debt Repaid↓-100.0% -$1.50B
$0
D&A↓-19.8% -$43M
$174M
SBC Allocated Expense↑+7.2% +$34M
$509M
SBC Unrecognized Cost↑+8.6% +$350M
$4.44B
SBC Granted (Grant-Date FV)NEW
$2.25B
SBC Vested (Vest-Date FV)NEW↓-27.6% -$534M
$1.40B