Adobe annual net debt
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2025
Adobe Net Debt Growth & History (ADBE)
Adobe's net debt was $1.22B for fiscal 2025.
View full Adobe company overviewAdobe annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-28 | $1.22B | $4.27B | — |
| 2024 | 2024-11-29 | −$3.06B | $5.0M | — |
| 2023 | 2023-12-01 | −$3.06B | −$2.96B | — |
| 2022 | 2022-12-02 | −$103.0M | −$932.0M | — |
| 2021 | 2021-12-03 | $829.0M | $599.0M | +260.43% |
| 2020 | 2020-11-27 | $230.0M | −$1.26B | −84.55% |
| 2019 | 2019-11-29 | $1.49B | −$993.5M | −40.03% |
| 2018 | 2018-11-30 | $2.48B | $2.91B | — |
| 2017 | 2017-12-01 | −$424.6M | −$1.31B | — |
| 2016 | 2016-12-02 | $880.9M | −$149.8M | −14.53% |
| 2015 | 2015-11-27 | $1.03B | $633.8M | +159.67% |
| 2014 | 2014-11-28 | $396.9M | −$282.5M | −41.58% |
| 2013 | 2013-11-29 | $679.4M | $596.3M | +717.56% |
| 2012 | 2012-11-30 | $83.1M | −$441.7M | −84.17% |
| 2011 | 2011-12-02 | $524.8M | −$247.8M | −32.07% |
| 2010 | 2010-12-03 | $772.6M | $772.1M | +150498.44% |
| 2009 | 2009-11-27 | $513,000 | $537.0M | — |
| 2008 | 2008-11-28 | −$536.5M | — | — |
Adobe quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-29 | $303.0M | −$1.33B | −81.43% |
| Q1 2026 | 2026-02-27 | −$525.0M | −$330.0M | — |
| Q4 2025 | 2025-11-28 | $1.22B | $4.27B | — |
| Q3 2025 | 2025-08-29 | $1.65B | $4.27B | — |
| Q2 2025 | 2025-05-30 | $1.63B | $4.70B | — |
| Q1 2025 | 2025-02-28 | −$195.0M | $3.47B | — |
| Q4 2024 | 2024-11-29 | −$3.06B | $5.0M | — |
| Q3 2024 | 2024-08-30 | −$2.61B | −$109.0M | — |
| Q2 2024 | 2024-05-31 | −$3.07B | −$1.73B | — |
| Q1 2024 | 2024-03-01 | −$3.67B | −$3.72B | — |
| Q4 2023 | 2023-12-01 | −$3.06B | −$2.96B | — |
| Q3 2023 | 2023-09-01 | −$2.50B | −$2.78B | — |
| Q2 2023 | 2023-06-02 | −$1.34B | −$2.14B | — |
| Q1 2023 | 2023-03-03 | $54.0M | −$1.37B | −96.22% |
| Q4 2022 | 2022-12-02 | −$103.0M | −$932.0M | — |
| Q3 2022 | 2022-09-02 | $271.0M | $209.0M | +337.10% |
| Q2 2022 | 2022-06-03 | $794.0M | $351.0M | +79.23% |
| Q1 2022 | 2022-03-04 | $1.43B | $172.0M | +13.71% |
| Q4 2021 | 2021-12-03 | $829.0M | $599.0M | +260.43% |
| Q3 2021 | 2021-09-03 | $62.0M | −$897.0M | −93.53% |
| Q2 2021 | 2021-06-04 | $443.0M | −$1.21B | −73.20% |
| Q1 2021 | 2021-03-05 | $1.25B | −$768.0M | −37.96% |
| Q4 2020 | 2020-11-27 | $230.0M | −$1.26B | −84.55% |
| Q3 2020 | 2020-08-28 | $959.0M | $2.18B | — |
| Q2 2020 | 2020-05-29 | $1.65B | $2.75B | — |
| Q1 2020 | 2020-02-28 | $2.02B | $525.2M | +35.06% |
| Q4 2019 | 2019-11-29 | $1.49B | −$993.5M | −40.03% |
| Q3 2019 | 2019-08-30 | −$1.22B | −$1.35B | — |
| Q2 2019 | 2019-05-31 | −$1.10B | $18.9M | — |
| Q1 2019 | 2019-03-01 | $1.50B | $2.29B | — |
| Q4 2018 | 2018-11-30 | $2.48B | $2.91B | — |
| Q3 2018 | 2018-08-31 | $127.5M | $12.8M | +11.20% |
| Q2 2018 | 2018-06-01 | −$1.11B | −$1.69B | — |
| Q1 2018 | 2018-03-02 | −$792.2M | −$1.61B | — |
| Q4 2017 | 2017-12-01 | −$424.6M | −$1.31B | — |
| Q3 2017 | 2017-09-01 | $114.7M | −$1.03B | −90.02% |
| Q2 2017 | 2017-06-02 | $571.4M | −$460.6M | −44.63% |
| Q1 2017 | 2017-03-03 | $815.2M | −$271.0M | −24.95% |
| Q4 2016 | 2016-12-02 | $880.9M | −$149.8M | −14.53% |
| Q3 2016 | 2016-09-02 | $1.15B | $78.2M | +7.30% |
| Q2 2016 | 2016-06-03 | $1.03B | $83.8M | +8.84% |
| Q1 2016 | 2016-03-04 | $1.09B | −$102.6M | −8.63% |
| Q4 2015 | 2015-11-27 | $1.03B | $633.8M | +159.67% |
| Q3 2015 | 2015-08-28 | $1.07B | $1.07B | — |
| Q2 2015 | 2015-05-29 | $948.2M | $868.7M | +1092.28% |
| Q1 2015 | 2015-02-27 | $1.19B | $1.03B | +631.52% |
| Q4 2014 | 2014-11-28 | $396.9M | −$282.5M | −41.58% |
| Q3 2014 | 2014-08-29 | −$1.5M | −$684.8M | — |
| Q2 2014 | 2014-05-30 | $79.5M | −$179.6M | −69.31% |
| Q1 2014 | 2014-02-28 | $162.5M | −$40.1M | −19.80% |
| Q4 2013 | 2013-11-29 | $679.4M | $596.3M | +717.56% |
| Q3 2013 | 2013-08-30 | $683.3M | $345.8M | +102.45% |
| Q2 2013 | 2013-05-31 | $259.1M | −$290.3M | −52.83% |
| Q1 2013 | 2013-03-01 | $202.6M | −$499.0M | −71.12% |
| Q4 2012 | 2012-11-30 | $83.1M | −$441.7M | −84.17% |
| Q3 2012 | 2012-08-31 | $337.5M | −$409.7M | −54.83% |
| Q2 2012 | 2012-06-01 | $549.4M | −$141.5M | −20.48% |
| Q1 2012 | 2012-03-02 | $701.6M | $81.3M | +13.11% |
| Q4 2011 | 2011-12-02 | $524.8M | −$247.8M | −32.07% |
| Q3 2011 | 2011-09-02 | $747.2M | $36.9M | +5.19% |
| Q2 2011 | 2011-06-03 | $691.0M | $334.9M | +94.06% |
| Q1 2011 | 2011-03-04 | $620.3M | $716.2M | — |
| Q4 2010 | 2010-12-03 | $772.6M | $772.1M | +150498.44% |
| Q3 2010 | 2010-09-03 | $710.3M | $1.49B | — |
| Q2 2010 | 2010-06-04 | $356.0M | $1.23B | — |
| Q1 2010 | 2010-03-05 | −$95.9M | — | — |
| Q4 2009 | 2009-11-27 | $513,000 | $537.0M | — |
| Q3 2009 | 2009-08-28 | −$782.1M | — | — |
| Q2 2009 | 2009-05-29 | −$876.8M | — | — |
| Q4 2008 | 2008-11-28 | −$536.5M | — | — |
Adobe net debt trends
Over the last five fiscal years, Adobe's net debt increased from $230.0M to $1.22B, a change of $987.0M. The latest reported quarter, Q2 2026, shows $303.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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