Adobe Inc., originally called Adobe Systems Incorporated, is an American multinational computer software company incorporated in Delaware and headquartered in San Jose, California.
Company profile
Ticker
ADBE
Exchange
Website
CEO
Shantanu Narayen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Gen Digital • Activision Blizzard • Vmware • Salesforce • BlackBerry • Dayforce • McAfee ...
Former names
ADOBE SYSTEMS INC
SEC CIK
Corporate docs
Subsidiaries
Adobe Assets, LLC • Adobe Canada Services Corporation • Adobe Colombia SAS • Adobe Corporate LLC • Adobe Holdings LLC • Adobe Labs, Inc. • Adobe Systems Brasil Limitada • Adobe Systems Canada Inc. • Adobe Systems Federal LLC • Adobe Systems Software Chile Limitada ...
IRS number
770019522
ADBE stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
19 Apr 24
8-K
Entry into a Material Definitive Agreement
4 Apr 24
424B2
Prospectus for primary offering
2 Apr 24
FWP
Free writing prospectus
1 Apr 24
424B5
Prospectus supplement for primary offering
1 Apr 24
10-Q
2024 Q1
Quarterly report
27 Mar 24
PX14A6G
Letter to shareholders
22 Mar 24
8-K
Adobe Reports Record Revenue in Q1 Fiscal 2024
14 Mar 24
ARS
2023 FY
Annual report to shareholders
1 Mar 24
DEFA14A
Additional proxy soliciting materials
1 Mar 24
Transcripts
ADBE
Earnings call transcript
2024 Q1
14 Mar 24
ADBE
Earnings call transcript
2023 Q4
13 Dec 23
ADBE
Earnings call transcript
2023 Q3
14 Sep 23
ADBE
Earnings call transcript
2023 Q2
15 Jun 23
ADBE
Earnings call transcript
2023 Q1
15 Mar 23
ADBE
Earnings call transcript
2022 Q4
16 Dec 22
ADBE
Earnings call transcript
2022 Q3
15 Sep 22
ADBE
Earnings call transcript
2022 Q2
17 Jun 22
ADBE
Earnings call transcript
2022 Q1
23 Mar 22
ADBE
Earnings call transcript
2021 Q4
16 Dec 21
Latest ownership filings
4
Daniel Durn
16 May 24
4
Mark S. Garfield
8 May 24
144
Notice of proposed sale of securities
6 May 24
4
Scott Belsky
3 May 24
144
Notice of proposed sale of securities
2 May 24
4
Gloria Chen
25 Apr 24
4
David Wadhwani
25 Apr 24
4
Dana Rao
25 Apr 24
4
Scott Belsky
25 Apr 24
4
Anil Chakravarthy
25 Apr 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Nov 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.25 bn | 6.25 bn | 6.25 bn | 6.25 bn | 6.25 bn | 6.25 bn |
Cash burn (monthly) | 295.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 773.19 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 5.48 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 18.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
58.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2345 |
Opened positions | 297 |
Closed positions | 483 |
Increased positions | 892 |
Reduced positions | 899 |
13F shares | Current |
---|---|
Total value | 141.69 tn |
Total shares | 262.63 mm |
Total puts | 2.50 mm |
Total calls | 1.11 mm |
Total put/call ratio | 2.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 40.27 mm | $24.02 tn |
STT State Street | 19.55 mm | $11.67 tn |
FMR | 11.53 mm | $6.88 tn |
MS Morgan Stanley | 10.14 mm | $6.05 tn |
JPM JPMorgan Chase & Co. | 8.87 mm | $5.29 tn |
BK Bank Of New York Mellon | 6.52 mm | $3.89 tn |
T. Rowe Price | 6.50 mm | $3.88 bn |
Primecap Management | 5.94 mm | $3.55 tn |
NTRS Northern Trust | 5.08 mm | $3.03 tn |
IVZ Invesco | 4.69 mm | $2.80 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 May 24 | Daniel Durn | Common Stock | Payment of exercise | Dispose F | No | No | 485.35 | 2,008 | 974.58 k | 24,326 |
15 May 24 | Daniel Durn | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,836 | 0.00 | 26,334 |
15 May 24 | Daniel Durn | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,836 | 0.00 | 7,674 |
6 May 24 | Mark S. Garfield | Common Stock | Sell | Dispose S | No | Yes | 490.1 | 795.001 | 389.63 k | 3,333.22 |
2 May 24 | Belsky Scott | Common Stock | Sell | Dispose S | No | Yes | 474.3 | 2,713 | 1.29 mm | 21,114.252 |
24 Apr 24 | Narayen Shantanu | Common Stock | Payment of exercise | Dispose F | Yes | No | 477.12 | 621 | 296.29 k | 404,660 |
24 Apr 24 | Narayen Shantanu | Common Stock | Option exercise | Acquire M | Yes | No | 0 | 1,254 | 0.00 | 405,281 |
24 Apr 24 | Narayen Shantanu | Common Stock | Payment of exercise | Dispose F | Yes | No | 477.12 | 648 | 309.17 k | 404,027 |
24 Apr 24 | Narayen Shantanu | Common Stock | Option exercise | Acquire M | Yes | No | 0 | 1,307 | 0.00 | 404,675 |
24 Apr 24 | Narayen Shantanu | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,254 | 0.00 | 8,780 |
News
EXCLUSIVE: GameStop, AMC Buzz 'May Prove To Be Short-Lived,' CEO Of Company Behind MEME ETF Tells Benzinga
17 May 24
Figma Sets $12.5B Valuation in New Equity Offering, Falling Short of Adobe's Acquisition Offer
17 May 24
David Tepper Bullish On China: Alibaba Now No. 1 Holding, Trimmed Stakes In Nvidia, Microsoft, Amazon, Meta, Google
16 May 24
Decoding Adobe's Options Activity: What's the Big Picture?
16 May 24
$1000 Invested In This Stock 15 Years Ago Would Be Worth $18,000 Today
15 May 24
Press releases
Adobe Revolutionizes Workplace Productivity with Launch of Acrobat AI Assistant for the Enterprise
8 May 24
Harnessing AR in Logistics: Vuzix's (NASDAQ: VUZI) Smart Glasses Revolutionize Warehouse Operations
25 Apr 24
Adobe Charts the Future of Creativity and AI at MAX London
23 Apr 24
Adobe Introduces Firefly Image 3 Foundation Model to Take Creative Exploration and Ideation to New Heights
23 Apr 24
New Adobe Photoshop with Advanced Generative Fill and Generate Image Brings New Superpowers to All
23 Apr 24