Adobe
At a glance
Adobe reported 2025 revenue of $23.77B, up 10.5% from $21.5B in 2024. Over 4 years since 2021 ($15.79B), that is growth of about 10.8% a year. Operating margin was 36.6%, down from 36.8% in 2021. 2025 was the highest revenue year in this period.
In the last 12 months 4 insiders reported 1 open-market purchase ($1.9M) and 7 sales ($50.8M). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $31.3M by Chair and CEO Shantanu Narayen on Sep 18, 2026. Net, insiders were sellers of $48.8M.
Adobe filed 8 current reports (Form 8-K) in the last 12 months, most often for officer or director change (6), results of operations (4) and shareholder vote results (1). The latest officer or director change was reported on Sep 8, 2026.
4 of the 20 investors tracked here held Adobe at the last quarter end, worth $321.1M combined. It is the largest weight for National Pension Service (Korea) (0.2% of its portfolio), followed by Soros Fund Management (0.1%). New this quarter: Soros Fund Management. Added: National Pension Service (Korea) and Bridgewater Associates. Reduced: Renaissance Technologies.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $4.82B | $4.76B | $5.43B | $5.56B | $7.13B |
| Diluted EPS | $10.02 | $10.10 | $11.82 | $12.36 | $16.70 |
Fiscal year ends Nov 27 · incorporated in DE
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined