# ADBE · Adobe Inc. Snapshot 2026-10-26 · CIK 0000796343 · Nasdaq · Services-Prepackaged Software Price 263.82 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 102.68 B Machine-readable: https://theclaudetrader.com/s/ADBE.json · index: https://theclaudetrader.com/llms.txt ## Scores ### Graham Defensive: 38.5 (ok) · complete: True · missing tests: none · current inputs as of 2025-11-28 · stale inputs: Revenue · history 2014–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 22, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham - 1 Adequate size: 23.77 revenue $B · threshold >= 1 · points 5.0/5 - 2a Current ratio: 0.77 · threshold >= 2.0 · points 0.0/15 - 2b Long-term debt vs working capital: None LTD / WC · threshold <= 1.0 · points 0.0/15 - 3 Positive earnings each of 10 years: 10 of 10 · threshold 10 of 10 · points 15.0/15 - 4 Dividends every year for 20 years: 0 of 20 · threshold 20 of 20 · points 0.0/15 - 5 EPS growth, 3-yr avg now vs 10 yrs ago: 1.36 -> 13.63 (+900%) · threshold >= +33% · points 10.0/10 - 6 P/E on 3-year average EPS: 19.4 · threshold <= 15 · points 8.5/15 - 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 8.73, product 169.0 · threshold <= 1.5 or <= 22.5 · points 0.0/10 Inputs: - Price (close, per traded unit): 263.82 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Revenue: 23769000000.0 · 2025-11-28 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - debt_incl_current: 4766000000.0 · 2026-08-28 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - current_assets: 9158000000.0 · 2026-08-28 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - current_liabilities: 11888000000.0 · 2026-08-28 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - equity: 11764000000.0 · 2026-08-28 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - Net income FY2016: 1168782000.0 · 2016-12-02 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634319000019/ · unverified - Net income FY2017: 1693954000.0 · 2017-12-01 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634320000013/ · unverified - Net income FY2018: 2591000000.0 · 2018-11-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634321000004/ · unverified - Net income FY2019: 2951000000.0 · 2019-11-29 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634322000032/ · unverified - Net income FY2020: 5260000000.0 · 2020-11-27 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634323000007/ · unverified - Net income FY2021: 4822000000.0 · 2021-12-03 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified - Net income FY2022: 4756000000.0 · 2022-12-02 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ · unverified - Net income FY2023: 5428000000.0 · 2023-12-01 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Net income FY2024: 5560000000.0 · 2024-11-29 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Net income FY2025: 7130000000.0 · 2025-11-28 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Dividend years (Yahoo): [1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/ADBE/history?filter=div · unverified - EPS diluted FY2014: 0.53 · 2014-11-28 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634317000031/ · unverified - EPS diluted FY2015: 1.24 · 2015-11-27 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634318000015/ · unverified - EPS diluted FY2016: 2.32 · 2016-12-02 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634319000019/ · unverified - EPS diluted FY2023: 11.82 · 2023-12-01 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - EPS diluted FY2024: 12.36 · 2024-11-29 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - EPS diluted FY2025: 16.7 · 2025-11-28 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Shares outstanding: 389200000.0 · 2026-09-18 · SEC cover page 10-Q 0000796343-26-000156 (389,200,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/adbe-20260828.htm · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/R1.htm ### Magic Formula: — (insufficient data (invested capital not positive (negative working capital exceeds fixed assets))) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula ### Momentum: 29.9 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum - 12-1 month return: -32.0 % · threshold · points 3.0/50 - 6 month return: 10.4 % · threshold · points 12.9/20 - Price / 52-week high: 0.733 · threshold · points 11.0/15 - Volatility penalty (60d annualised): 42.0 % · threshold · points 2.9/15 Inputs: - Adjusted close series (14 months): 263.82 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · ### Insider: 0.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider - Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold · points 0.0/35 - Distinct buyers: 0 · threshold · points 0.0/25 - Buyer seniority: 0.0 · threshold · points 0.0/20 - Recency (half-life 30d): 0.0 · threshold · points 0.0/10 - Sales penalty (excludes 10b5-1 plan sales): 3.06 bp · threshold · points -8.7/0 Inputs: - Form 4 S NARAYEN SHANTANU 2026-09-17: 2569690.21 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-17: 160622.88 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-17: 2504677.56 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-17: 4402093.05 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-17: 1778667.52 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-17: 848444.8 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-17: 339112.02 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-16: 8284241.03 · 2026-09-16 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-16: 2091338.76 · 2026-09-16 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-16: 5221053.48 · 2026-09-16 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-16: 235885.19999999998 · 2026-09-16 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S NARAYEN SHANTANU 2026-09-16: 2908924.7 · 2026-09-16 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - Form 4 S Forusz Jillian 2026-07-29: 109961.28 · 2026-07-29 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/796343/000079634326000137/ ### Buffett Quality: 100.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-08-28 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 47, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett - 1 Average return on equity (net income / year-end equity): 36.9% over 8 yrs · threshold >= 15% · points 25.0/25 - 2 Profitable every year: 10 of 10 · threshold all years · points 15.0/15 - 3 Net income growth, 3-yr average now vs start of window: +18.7% a year · threshold >= +10% · points 10.0/10 - 4 Borrowings / 3-yr average earnings (years to repay): 0.8 years · threshold <= 4 · points 15.0/15 - 5 Operating margin, 5-yr average: 34.7% · threshold >= 20% · points 10.0/10 - 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.41 · threshold >= 1.0 · points 10.0/10 - 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 8.0% · threshold >= 7% · points 15.0/15 Inputs: - Price (close, per traded unit): 263.82 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Net income FY2018: 2591000000.0 · 2018-11-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634321000004/ · unverified - Equity at FY2018 end: 9362000000.0 · 2018-11-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634322000032/ · unverified - Net income FY2019: 2951000000.0 · 2019-11-29 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634322000032/ · unverified - Equity at FY2019 end: 10530000000.0 · 2019-11-29 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634323000007/ · unverified - Net income FY2020: 5260000000.0 · 2020-11-27 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634323000007/ · unverified - Equity at FY2020 end: 13264000000.0 · 2020-11-27 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified - Net income FY2021: 4822000000.0 · 2021-12-03 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified - Equity at FY2021 end: 14797000000.0 · 2021-12-03 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ · unverified - Net income FY2022: 4756000000.0 · 2022-12-02 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ · unverified - Equity at FY2022 end: 14051000000.0 · 2022-12-02 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Net income FY2023: 5428000000.0 · 2023-12-01 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Equity at FY2023 end: 16518000000.0 · 2023-12-01 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Net income FY2024: 5560000000.0 · 2024-11-29 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Equity at FY2024 end: 14105000000.0 · 2024-11-29 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - Net income FY2025: 7130000000.0 · 2025-11-28 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Equity at FY2025 end: 11623000000.0 · 2025-11-28 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - Net income FY2016: 1168782000.0 · 2016-12-02 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634319000019/ · unverified - Net income FY2017: 1693954000.0 · 2017-12-01 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634320000013/ · unverified - Net income FY2018: 2591000000.0 · 2018-11-30 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634321000004/ · unverified - Net income FY2019: 2951000000.0 · 2019-11-29 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634322000032/ · unverified - Net income FY2020: 5260000000.0 · 2020-11-27 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634323000007/ · unverified - Net income FY2021: 4822000000.0 · 2021-12-03 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified - Net income FY2022: 4756000000.0 · 2022-12-02 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ · unverified - Net income FY2023: 5428000000.0 · 2023-12-01 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Net income FY2024: 5560000000.0 · 2024-11-29 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Net income FY2025: 7130000000.0 · 2025-11-28 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - debt_incl_current: 4766000000.0 · 2026-08-28 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - Operating income FY2021: 5802000000.0 · 2021-12-03 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified - Revenue FY2021: 15785000000.0 · 2021-12-03 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified - Operating income FY2022: 6098000000.0 · 2022-12-02 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ · unverified - Revenue FY2022: 17606000000.0 · 2022-12-02 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ · unverified - Operating income FY2023: 6650000000.0 · 2023-12-01 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Revenue FY2023: 19409000000.0 · 2023-12-01 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Operating income FY2024: 6741000000.0 · 2024-11-29 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Revenue FY2024: 21505000000.0 · 2024-11-29 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Operating income FY2025: 8706000000.0 · 2025-11-28 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Revenue FY2025: 23769000000.0 · 2025-11-28 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Operating cash flow FY2021: 7230000000.0 · 2021-12-03 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified - Capital expenditure FY2021: 348000000.0 · 2021-12-03 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified ### Lynch GARP: 66.7 (ok) · complete: True · missing tests: none · current inputs as of 2026-08-28 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch - 1 PEG: P/E divided by 5-yr EPS growth (in % points): 1.75 · threshold <= 1.0 · points 7.6/30 - 2 EPS growth, 5-yr compound rate: +9.0% a year · threshold 12% to 35% a year · points 15.1/20 - 3 P/E on latest annual EPS: 15.8 · threshold <= 25 · points 10.0/10 - 4 Borrowings / equity: 0.41 · threshold <= 0.5 · points 15.0/15 - 5 Years of the last 5 in which EPS rose: 4 of 5 · threshold 5 of 5 · points 12.0/15 - 6 Net cash (cash minus borrowings) / market cap: -0.4% · threshold >= +10% · points 7.0/10 Inputs: - Price (close, per traded unit): 263.82 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - EPS diluted FY2025: 16.7 · 2025-11-28 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - EPS diluted FY2020: 10.83 · 2020-11-27 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634323000007/ · unverified - debt_incl_current: 4766000000.0 · 2026-08-28 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - equity: 11764000000.0 · 2026-08-28 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - cash: 4359000000.0 · 2026-08-28 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified ### Graham Enterprising: 25.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-08-28 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 10, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising - 1 Current ratio: 0.77 · threshold >= 1.5 · points 0.0/15 - 2 Borrowings vs working capital: None · threshold <= 1.1x · points 0.0/15 - 3 No earnings deficit in the last 5 years: 5 of 5 profitable · threshold 5 of 5 · points 15.0/15 - 4 Pays a current dividend: no · threshold yes · points 0.0/10 - 5 EPS higher than five years earlier: 10.83 -> 16.70 · threshold higher · points 10.0/10 - 6 Price / book value per share: 8.73 · threshold <= 1.2 · points 0.0/20 - 7 Price / net current asset value per share (current assets minus all liabilities): None · threshold <= 0.67 · points 0.0/15 Inputs: - Price (close, per traded unit): 263.82 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - current_assets: 9158000000.0 · 2026-08-28 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - current_liabilities: 11888000000.0 · 2026-08-28 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - Net income FY2021: 4822000000.0 · 2021-12-03 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ · unverified - Net income FY2022: 4756000000.0 · 2022-12-02 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ · unverified - Net income FY2023: 5428000000.0 · 2023-12-01 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Net income FY2024: 5560000000.0 · 2024-11-29 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Net income FY2025: 7130000000.0 · 2025-11-28 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - Dividend years (Yahoo): [1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/ADBE/history?filter=div - EPS diluted FY2025: 16.7 · 2025-11-28 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - EPS diluted FY2020: 10.83 · 2020-11-27 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/796343/000079634323000007/ · unverified - equity: 11764000000.0 · 2026-08-28 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - Shares outstanding: 389200000.0 · 2026-09-18 · SEC cover page 10-Q 0000796343-26-000156 (389,200,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/adbe-20260828.htm · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/R1.htm ### Piotroski F-Score: 77.8 (partial: 5) · complete: False · missing tests: 5 · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 23, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski - 1 Return on assets is positive: 24.2% · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 2 Operating cash flow is positive: 10,031M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 3 Return on assets improved on the prior year: 18.4% -> 24.2% · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 4 Operating cash flow exceeds net income (accruals): 10,031M vs 7,130M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 5 Long-term debt / assets fell: None · threshold pass = 1 · points None/11.11111111111111 - 6 Current ratio improved: 1.07 -> 1.00 · threshold pass = 1 · points 0.0/11.11111111111111 - 7 No new shares issued (share count did not rise): 419M -> 389M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 31.3% -> 36.6% · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 9 Asset turnover (revenue / assets) improved: 0.71 -> 0.81 · threshold pass = 1 · points 11.11111111111111/11.11111111111111 Inputs: - net_income 2025-11-28: 7130000000.0 · 2025-11-28 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - total_assets 2025-11-28: 29496000000.0 · 2025-11-28 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - cfo 2025-11-28: 10031000000.0 · 2025-11-28 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - net_income 2025-11-28: 7130000000.0 · 2025-11-28 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - net_income 2024-11-29: 5560000000.0 · 2024-11-29 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - total_assets 2025-11-28: 29496000000.0 · 2025-11-28 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - total_assets 2024-11-29: 30230000000.0 · 2024-11-29 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - cfo 2025-11-28: 10031000000.0 · 2025-11-28 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - net_income 2025-11-28: 7130000000.0 · 2025-11-28 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - current_assets 2025-11-28: 10163000000.0 · 2025-11-28 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - current_assets 2024-11-29: 11232000000.0 · 2024-11-29 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - current_liabilities 2025-11-28: 10200000000.0 · 2025-11-28 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - current_liabilities 2024-11-29: 10521000000.0 · 2024-11-29 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - shares_out 2026-09-18: 389200000.0 · 2026-09-18 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - shares_out 2025-09-19: 418600000.0 · 2025-09-19 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/796343/000079634325000107/ · unverified - operating_income 2025-11-28: 8706000000.0 · 2025-11-28 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - operating_income 2024-11-29: 6741000000.0 · 2024-11-29 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - revenue 2025-11-28: 23769000000.0 · 2025-11-28 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - revenue 2024-11-29: 21505000000.0 · 2024-11-29 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - revenue 2025-11-28: 23769000000.0 · 2025-11-28 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - revenue 2024-11-29: 21505000000.0 · 2024-11-29 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified - total_assets 2025-11-28: 29496000000.0 · 2025-11-28 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/ · unverified - total_assets 2024-11-29: 30230000000.0 · 2024-11-29 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ · unverified ## Market value, source trail - Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used - Traded price: 263.82 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1 - SEC shares outstanding: 389,200,000 underlying shares, period 2026-09-18, SEC cover page 10-Q 0000796343-26-000156 (389,200,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/adbe-20260828.htm, accession 0000796343-26-000156 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000156/R1.htm - Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None - Market value (price date x latest reported shares): 102,678,744,000 USD; 263.82 (price 2026-10-23) / 1 x 389,200,000 (shares at 2026-09-18) = 102,678,744,000 ## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends) - FY2013 (ended 2013-11-29): 4055240000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634316000224/ - FY2014 (ended 2014-11-28): 4147065000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634317000031/ - FY2015 (ended 2015-11-27): 4795511000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634318000015/ - FY2016 (ended 2016-12-02): 5854430000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634319000019/ - FY2017 (ended 2017-12-01): 7301505000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634320000013/ - FY2018 (ended 2018-11-30): 9030000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634321000004/ - FY2019 (ended 2019-11-29): 11171000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634322000032/ - FY2020 (ended 2020-11-27): 12868000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634323000007/ - FY2021 (ended 2021-12-03): 15785000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ - FY2022 (ended 2022-12-02): 17606000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ - FY2023 (ended 2023-12-01): 19409000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ - FY2024 (ended 2024-11-29): 21505000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ - FY2025 (ended 2025-11-28): 23769000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ ## Net income by fiscal year (SEC XBRL) - FY2013 (ended 2013-11-29): 289985000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634316000224/ - FY2014 (ended 2014-11-28): 268395000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634317000031/ - FY2015 (ended 2015-11-27): 629551000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634318000015/ - FY2016 (ended 2016-12-02): 1168782000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634319000019/ - FY2017 (ended 2017-12-01): 1693954000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634320000013/ - FY2018 (ended 2018-11-30): 2591000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634321000004/ - FY2019 (ended 2019-11-29): 2951000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634322000032/ - FY2020 (ended 2020-11-27): 5260000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634323000007/ - FY2021 (ended 2021-12-03): 4822000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634324000006/ - FY2022 (ended 2022-12-02): 4756000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634325000004/ - FY2023 (ended 2023-12-01): 5428000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ - FY2024 (ended 2024-11-29): 5560000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ - FY2025 (ended 2025-11-28): 7130000000.0 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000003/ ## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets) - FY2013 (ended 2013-11-29): 0.56 [filed 0.56, split factor 1.0] - FY2014 (ended 2014-11-28): 0.53 [filed 0.53, split factor 1.0] - FY2015 (ended 2015-11-27): 1.24 [filed 1.24, split factor 1.0] - FY2016 (ended 2016-12-02): 2.32 [filed 2.32, split factor 1.0] - FY2017 (ended 2017-12-01): 3.38 [filed 3.38, split factor 1.0] - FY2018 (ended 2018-11-30): 5.2 [filed 5.2, split factor 1.0] - FY2019 (ended 2019-11-29): 6.0 [filed 6.0, split factor 1.0] - FY2020 (ended 2020-11-27): 10.83 [filed 10.83, split factor 1.0] - FY2021 (ended 2021-12-03): 10.02 [filed 10.02, split factor 1.0] - FY2022 (ended 2022-12-02): 10.1 [filed 10.1, split factor 1.0] - FY2023 (ended 2023-12-01): 11.82 [filed 11.82, split factor 1.0] - FY2024 (ended 2024-11-29): 12.36 [filed 12.36, split factor 1.0] - FY2025 (ended 2025-11-28): 16.7 [filed 16.7, split factor 1.0] ## Dividend years (Yahoo history) 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005 ## Insider transactions (SEC Form 4 data set, latest 40) - 2026-09-17 S NARAYEN SHANTANU (CEO) 10313 @ 249.17 = 2569690 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-17 S NARAYEN SHANTANU (CEO) 638 @ 251.76 = 160623 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-17 S NARAYEN SHANTANU (CEO) 9978 @ 251.02 = 2504678 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-17 S NARAYEN SHANTANU (CEO) 17595 @ 250.19 = 4402093 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-17 S NARAYEN SHANTANU (CEO) 7168 @ 248.14 = 1778668 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-17 S NARAYEN SHANTANU (CEO) 3430 @ 247.36 = 848445 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-17 S NARAYEN SHANTANU (CEO) 1378 @ 246.09 = 339112 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-16 S NARAYEN SHANTANU (CEO) 33001 @ 251.03 = 8284241 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-16 S NARAYEN SHANTANU (CEO) 8358 @ 250.22 = 2091339 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-16 S NARAYEN SHANTANU (CEO) 20716 @ 252.03 = 5221053 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-16 S NARAYEN SHANTANU (CEO) 930 @ 253.64 = 235885 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-09-16 S NARAYEN SHANTANU (CEO) 11495 @ 253.06 = 2908925 · https://www.sec.gov/Archives/edgar/data/796343/000122415426000003/ - 2026-07-29 S Forusz Jillian (officer) 416 @ 264.33 = 109961 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000137/ - 2026-06-25 P Ricks David A (director) 10000 @ 194.51 = 1945100 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000118/ - 2026-04-30 S Forusz Jillian (officer) 755 @ 246.25 = 185919 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000107/ - 2026-04-28 S NARAYEN SHANTANU (CEO) 13237 @ 243.89 = 3228372 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000105/ - 2026-04-28 S NARAYEN SHANTANU (CEO) 10341 @ 244.78 = 2531270 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000105/ - 2026-04-28 S NARAYEN SHANTANU (CEO) 51422 @ 243.19 = 12505316 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000105/ - 2026-04-20 S Durn Daniel (CFO) 1336 @ 248.02 = 331355 · https://www.sec.gov/Archives/edgar/data/796343/000079634326000103/ ## Links - sec_filings: https://www.sec.gov/edgar/browse/?CIK=0000796343 - sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000796343.json - sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000796343&type=4 - sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000796343&type=8-K - yahoo: https://finance.yahoo.com/quote/ADBE - stooq: https://stooq.com/q/d/?s=adbe.us - morningstar (link only, nothing stored): https://www.morningstar.com/search?query=ADBE - finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=ADBE - stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/adbe/ - seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/ADBE - openinsider (link only, nothing stored): http://openinsider.com/search?q=ADBE - google_news (link only, nothing stored): https://news.google.com/rss/search?q=ADBE+stock Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/ADBE; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.