Ticker League

Latest period

$201M

YoY change

-22.8%

5Y CAGR

-15.6%

Peak year (FY2022)

$442M

CapEx history chart for Adobe (ADBE) from 2016 to 2025

Latest: $179M

CapEx growth chart for Adobe (ADBE) from 2016 to 2025

Latest: -22.8%

CapEx history table for Adobe (ADBE) from 1989 to 2025

  • FY2025$179M-22.8%
  • FY2024$232M-35.6%
  • FY2023$360M-18.6%
  • FY2022$442M+33.9%
  • FY2021$330M-21.2%
  • FY2020$419M+25.5%
  • FY2019$334M+25.3%
  • FY2018$267M+49.7%
  • FY2017$178M-12.6%
  • FY2016$204M+10.2%
  • FY2015$185M+24.7%
  • FY2014$148M-21.2%
  • FY2013$188M-30.5%
  • FY2012$271M+28.9%
  • FY2011$210M+24.0%
  • FY2010$170M+41.9%
  • FY2009$120M+7.0%
  • FY2008$112M-15.4%
  • FY2007$132M+58.6%
  • FY2006$83.3M+70.3%
  • FY2005$48.9M-22.7%
  • FY2004$63.2M+60.3%
  • FY2003$39.5M+24.9%
  • FY2002$31.6M-32.2%
  • FY2001$46.6M+56.0%
  • FY2000$29.8M-29.3%
  • FY1999$42.2M-29.4%
  • FY1998$59.7M+76.3%
  • FY1997$33.9M-26.1%
  • FY1996$45.9M+34.6%
  • FY1995$34.1M+19.5%
  • FY1994$28.5M+97.9%
  • FY1993$14.4M+21.0%
  • FY1992$11.9M-2.5%
  • FY1991$12.2M+64.9%
  • FY1990$7.4M+42.3%
  • FY1989$5.2M

CapEx values are taken from Adobe's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at Adobe (ADBE)

According to Adobe's latest reported financial statements, the company's current CapEx (TTM) is $201M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Adobe (ADBE) CapEx is $179M – declined 22.8% year-over-year.

Across 2020–2025 (5 years), Adobe CapEx produced a CAGR of -15.6% – with a net decline across the window.

Adobe CapEx peaked at $442M in 2022; the latest annual figure is $179M in 2025 (59.5% below peak).

The record annual CapEx stands at $442M, reached in 2022; the historical low of $5.2M was recorded in 1989.

Adobe Capital Expenditures by Year

Adobe Capital Expenditures 2025: $179M

2025's CapEx for Adobe came in at $179M, declined 22.8% below 2024.

Adobe Capital Expenditures 2024: $232M

Adobe posted CapEx of $232M in 2024, plunged 35.6% below 2023.

Adobe Capital Expenditures 2023: $360M

In 2023, Adobe reported CapEx of $360M, declined 18.6% below 2022.

Adobe Capital Expenditures 2022: $442M

Adobe CapEx in 2022 was $442M, surged 33.9% from 2021. This figure represents the highest annual value in the available history.

Adobe Capital Expenditures 2021: $330M

Adobe CapEx in 2021 was $330M.

See more financial history for Adobe (ADBE).

Sector peers by CapEx

Technology peers of Adobe (ADBE), ranked by their latest CapEx

Frequently asked questions