Against the prior comparable 8-K:2.02, the primary document has 1 changed, 1 added, and 9 removed meaningful sentences.
COMPANY OVERVIEW · SOURCE-BACKED
Adobe Inc.
ADBECompany evidence profile
Historical market context and recent SEC disclosures for Adobe Inc. This view uses the current local evidence snapshot.
- Latest adjusted close
- $263.82Observed 2026-10-23
- Return gap vs SPY
- -137.62021-10-25 to 2026-10-23
- Filings in snapshot
- 5Prices 1986-08-13 to 2026-10-23
Price field: vendor-adjusted closeSEC EDGAR company recordCIK 0000796343
THE BRIEF
Start here, then verify below.
Three statements, each labelled by what kind of statement it is. Every number in them is linked to its source further down the page.
Over the selected historical period, ADBE returned -59.2% with a maximum drawdown of -71.9%. These are historical observations, not a forecast.
This local snapshot covers SEC disclosures, latest-restated annual Company Facts when available, and adjusted daily prices. It does not establish valuation, future return, or an investment recommendation.
Generated: deterministic_fallback · Historical observations, not forecasts.
FILED RESULTS
What the latest financial report says
Quarterly figures as filed in the 10-Q for the period ending 2026-08-28, filed 2026-09-22. Read from one filing, so the period and the accounting concept always match the number.
Revenue
+12.9% YoYCurrent: 2026-05-30 — 2026-08-28 · USD
Prior year: $5.99B (2025-05-31 — 2025-08-29)
Reported revenue before expenses; not stock performance.
Category reference unavailable. Only 0 eligible companies; at least 5 are required.
Reference method and sources
As of 2026-09-22. Latest cached filings only; one issuer per CIK (share classes deduplicated); SEC SIC first 3 digits, same annual or quarterly grain, exact accounting concept and currency. Period ends within 45 days, durations within 15 days. Later filings, missing comparisons and zero or loss bases are excluded. Equal-weight median of company YoY rates — not aggregate industry growth, a full industry census, or a matched business peer set.
Metric definition
YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.
RevenuesNet income
+3.1% YoYCurrent: 2026-05-30 — 2026-08-28 · USD
Prior year: $1.77B (2025-05-31 — 2025-08-29)
Reported net income after expenses and taxes; the exact SEC concept is below.
Category reference unavailable. Only 4 eligible companies; at least 5 are required.
Reference method and sources
As of 2026-09-22. Latest cached filings only; one issuer per CIK (share classes deduplicated); SEC SIC first 3 digits, same annual or quarterly grain, exact accounting concept and currency. Period ends within 45 days, durations within 15 days. Later filings, missing comparisons and zero or loss bases are excluded. Equal-weight median of company YoY rates — not aggregate industry growth, a full industry census, or a matched business peer set.
Metric definition
YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.
NetIncomeLossDiluted EPS
+10.5% YoYCurrent: 2026-05-30 — 2026-08-28 · USD/shares
Prior year: $4.18 / share (2025-05-31 — 2025-08-29)
Diluted earnings per share; not total profit or a growth rate.
Metric definition
YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.
EarningsPerShareDilutedGross profit
+12.2% YoYCurrent: 2026-05-30 — 2026-08-28 · USD
Prior year: $5.35B (2025-05-31 — 2025-08-29)
Revenue less cost of revenue, in dollars; not gross margin percent.
Metric definition
YoY = current ÷ prior-year value − 1, against the same period a year earlier rather than the previous quarter. Percentage-point gap = company growth − sample median growth.
GrossProfitConsolidated figures as reported. Accounting treatment and business mix differ between companies, and a filed result is not a forecast.
HISTORY AND RISK
What this has done, and how roughly
Adjusted daily prices over the selected period, against SPY. SPY is an exchange-traded fund tracking the S&P 500.
ADBESPYAdjusted daily closes
Ending value$4,078From $10,000 invested, 2021-10-25 to 2026-10-23
Return gap vs SPY, in percentage points-137.6ADBE -59.2% · SPY +78.4%
Total return-59.2%2021-10-25 to 2026-10-23
Annualised return-16.4%Compound rate over the period shown
Annualised volatility38.2%Daily returns, annualised
Maximum drawdown-71.9%Trough 2026-06-25
Beta to SPY1.19Sensitivity to the benchmark's moves
Correlation with SPY0.531,255 matched sessions
What that felt likeThe worst peak-to-trough fall over this period was -71.9%, and the worst single session was -16.8%. Both already happened; neither bounds what comes next.
Only this section follows the benchmark selector. The brief, filing reactions and Ask evidence stay on SPY; this chart is showing SPY.
Past return and risk are observations about a period that is over. They are not a forecast, and nothing here is investment advice.
PRIMARY DISCLOSURES
What was filed
SEC checked 2026-10-24
The filings themselves, with what the company disclosed kept apart from what this project measured about it.
8-KResults of operations (earnings)2026-09-11 00:06+4.2% after filing
- Results of operations (earnings)
- Financial statements and exhibits
Quoted from the filing
English, as filed
Although the intangibles generate revenue for us, we exclude this item because the expense is non-cash in nature and because we believe the non-GAAP financial measures excluding this item provide meaningful supplemental information regarding our operational performance, liquidity and our ability to invest in research and development, fund acquisitions and capital expenditures.
Source passage
English, as filed
In addition, excluding this item 2 from various non-GAAP measures facilitates our internal comparisons to our historical operating results and comparisons to our competitors’ operating results.
Source passage
English, as filed
We believe that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with our financial results as determined in accordance with GAAP and that these measures should only be used to evaluate our financial results in conjunction with the corresponding GAAP measures; therefore we qualify the use of non-GAAP financial information in a statement when non-GAAP information is presented. 3 Item 9.01 Financial Statements and Exhibits.
Source passage
Against the prior comparable filing
Compared with the filing accepted 2026-06-12: 1 changed, 1 added, 9 removed.
Changed · 83% text match
English, as filed
We believe that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with our financial results as determined in accordance with GAAP and that these measures should only be used to evaluate our financial results in conjunction with the corresponding GAAP measures; therefore we qualify the use of non-GAAP financial information in a statement when non-GAAP information is presented. 3 Item 9.01 Financial Statements and Exhibits.
Added
English, as filed
Date: September 10, 2026 5
8-KDirector or principal officer change2026-09-09 00:38-1.0% after filing
- Director or principal officer change
- Regulation FD disclosure
- Financial statements and exhibits
Quoted from the filing
English, as filed
(the “Company”) appointed Anil Chakravarthy, the Company’s current President, Customer Experience Orchestration Business, as the Company’s President and Chief Executive Officer and a member of the Board, effective December 1, 2026 (the “Effective Date”).
Source passage
English, as filed
Narayen that are reportable under Item 404(a) of Regulation S-K.
Source passage
English, as filed
The Company intends to file an amendment to this filing containing the information called for by Item 5.02(c)(3) of Form 8-K within four business days after the information is determined or becomes available.
Source passage
Against the prior comparable filing
Compared with the filing accepted 2026-07-18: 1 changed, 15 added, 7 removed.
Changed · 61% text match
English, as filed
On September 2, 2026, the Board of Directors (the “Board”) of Adobe Inc.
Added
English, as filed
(the “Company”) appointed Anil Chakravarthy, the Company’s current President, Customer Experience Orchestration Business, as the Company’s President and Chief Executive Officer and a member of the Board, effective December 1, 2026 (the “Effective Date”).
8-KDirector or principal officer change2026-07-18 00:14+0.3% after filing
- Director or principal officer change
Quoted from the filing
English, as filed
Pentland’s base salary in effect as of the termination date and (B) 100% of Ms.
Source passage
English, as filed
Pentland’s target annual bonus for the fiscal year in which the termination occurs; (ii) payment of COBRA premiums for up to 12 months following termination; (iii) if the termination occurs prior to July 15, 2027, accelerated vesting of 50% of certain restricted stock unit awards granted to Ms.
Source passage
Numbers in the filing
- 100%
- 50%
Against the prior comparable filing
Compared with the filing accepted 2026-04-22: 1 changed, 7 added, 23 removed.
Changed · 51% text match
English, as filed
On July 14, 2026, the Executive Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Adobe Inc.
Added
English, as filed
Pentland’s base salary in effect as of the termination date and (B) 100% of Ms.
8-KResults of operations (earnings)2026-06-12 00:08+0.7% after filing
- Results of operations (earnings)
- Director or principal officer change
- Financial statements and exhibits
Quoted from the filing
English, as filed
Although the intangibles generate revenue for us, we exclude this item because the expense is non-cash in nature and because we believe the non-GAAP financial measures excluding this item provide meaningful supplemental information regarding our operational performance, liquidity and our ability to invest in research and development, fund acquisitions and capital expenditures.
Source passage
English, as filed
In addition, excluding this item 2 from various non-GAAP measures facilitates our internal comparisons to our historical operating results and comparisons to our competitors’ operating results.
Source passage
English, as filed
We believe that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with our financial results as determined in accordance with GAAP and that these measures should only be used to evaluate our financial results in conjunction with the corresponding GAAP measures; therefore we qualify the use of non-GAAP financial information in a statement when non-GAAP information is presented. 3 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Source passage
Against the prior comparable filing
Compared with the filing accepted 2026-03-13: 3 changed, 13 added, 8 removed.
Changed · 100% text match
English, as filed
Although the intangibles generate revenue for us, we exclude this item because the expense is non-cash in nature and because we believe the non-GAAP financial measures excluding this item provide meaningful supplemental information regarding our operational performance, liquidity and our ability to invest in research and development, fund acquisitions and capital expenditures.
Changed · 99% text match
English, as filed
In addition, excluding this item 2 from various non-GAAP measures facilitates our internal comparisons to our historical operating results and comparisons to our competitors’ operating results.
8-KDirector or principal officer change2026-04-22 00:07+0.2% after filing
- Director or principal officer change
- Shareholder vote results
- Other events
- Financial statements and exhibits
Quoted from the filing
English, as filed
(the “ Company ” or “ Adobe ”), the Company’s stockholders approved the Adobe Inc. 2019 Equity Incentive Plan, as amended (the “ 2019 Plan ”), to increase the available share reserve by 12 million shares as described in the Company’s Definitive Proxy Statement filed with the U.S.
Source passage
English, as filed
The final results for the votes regarding each proposal are set forth in the following tables.
Source passage
English, as filed
Approve the 2019 Plan to increase the available share reserve by 12 million shares. 3.
Source passage
Numbers in the filing
- 12 million
- 12 million
Against the prior comparable filing
Compared with the filing accepted 2026-01-28: 1 changed, 23 added, 38 removed.
Changed · 51% text match
English, as filed
The amended 2019 Plan previously had been approved, subject to stockholder approval, by the Company's Executive Compensation Committee of the Board of Directors.
Added
English, as filed
(the “ Company ” or “ Adobe ”), the Company’s stockholders approved the Adobe Inc. 2019 Equity Incentive Plan, as amended (the “ 2019 Plan ”), to increase the available share reserve by 12 million shares as described in the Company’s Definitive Proxy Statement filed with the U.S.
Earlier filings
Each with the move on the first eligible session afterwards, measured against the benchmark. A measurement of magnitude, not a cause.
- 2025-12-11Results of operations (earnings)+2.0% on 2025-12-11Source filing
- 2026-01-28Director or principal officer change+0.2% on 2026-01-28Source filing
- 2026-03-13Results of operations (earnings)+1.2% on 2026-03-13Source filing
- 2026-04-22Director or principal officer change+0.2% on 2026-04-22Source filing
- 2026-06-12Results of operations (earnings)+0.7% on 2026-06-12Source filing
- 2026-07-18Director or principal officer change+0.3% on 2026-07-20Source filing
- 2026-09-09Director or principal officer change-1.0% on 2026-09-09Source filing
- 2026-09-11Results of operations (earnings)+4.2% on 2026-09-11Source filing
EVENTS AND WHAT IS NEXT
What happened, and what to watch
Event items are published headlines and filing index entries, linked to their source. They are not analysis, and the feed is not a trading signal.
GROUNDED RESEARCH
Ask about this evidence
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