Capital Expenditures for Adobe (ADBE)
According to Adobe's latest reported financial statements, the company's current capital expenditures (TTM) is $190.00M USD. 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 .
ADBE
Currently viewingCapital ExpendituresSwitch metric
Latest period
$190.00M
YoY change
-22.8%
5Y CAGR
-15.6%
Peak year (2022)
$442.00M
Cumulative capital expenditures
$5.12B
CapEx history chart for Adobe (ADBE) from 1989 to 2025
CapEx history table for Adobe (ADBE) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $179.00M | -22.8% | -$53.00M | ||
| 2024 | $232.00M | -35.6% | -$128.00M | ||
| 2023 | $360.00M | -18.6% | -$82.00M | ||
| 2022 | $442.00M | +33.9% | +$112.00M | ||
| 2021 | $330.00M | -21.2% | -$89.00M | ||
| 2020 | $419.00M | +25.5% | +$85.02M | ||
| 2019 | $333.98M | +25.3% | +$67.40M | ||
| 2018 | $266.58M | +49.7% | +$88.46M | ||
| 2017 | $178.12M | -12.6% | -$25.68M | ||
| 2016 | $203.81M | +10.2% | +$18.87M | ||
| 2015 | $184.94M | +24.7% | +$36.60M | ||
| 2014 | $148.33M | -21.2% | -$40.03M | ||
| 2013 | $188.36M | -30.5% | -$82.72M | ||
| 2012 | $271.08M | +28.9% | +$60.78M | ||
| 2011 | $210.29M | +24.0% | +$40.65M | ||
| 2010 | $169.64M | +41.9% | +$50.05M | ||
| 2009 | $119.59M | +7.0% | +$7.80M | ||
| 2008 | $111.79M | -15.4% | -$20.28M | ||
| 2007 | $132.07M | +58.6% | +$48.83M | ||
| 2006 | $83.25M | +70.3% | +$34.38M | ||
| 2005 | $48.88M | -22.7% | -$14.35M | ||
| 2004 | $63.23M | +60.3% | +$23.77M | ||
| 2003 | $39.45M | +24.9% | +$7.88M | ||
| 2002 | $31.58M | -32.2% | -$14.98M | ||
| 2001 | $46.56M | +56.0% | +$16.72M | ||
| 2000 | $29.84M | -29.3% | -$12.37M | ||
| 1999 | $42.21M | -29.4% | -$17.54M | ||
| 1998 | $59.74M | +76.3% | +$25.86M | ||
| 1997 | $33.88M | -26.1% | -$11.99M | ||
| 1996 | $45.87M | +34.6% | +$11.80M | ||
| 1995 | $34.07M | +19.5% | +$5.57M | ||
| 1994 | $28.50M | +97.9% | +$14.10M | ||
| 1993 | $14.40M | +21.0% | +$2.50M | ||
| 1992 | $11.90M | -2.5% | -$300,000 | ||
| 1991 | $12.20M | +64.9% | +$4.80M | ||
| 1990 | $7.40M | +42.3% | +$2.20M | ||
| 1989 | $5.20M | — | — |
CapEx values are taken from Adobe's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Adobe (ADBE) capital expenditures is $179.00M – declined 22.8% year-over-year.
Across 2020–2025 (5 years), Adobe capital expenditures produced a CAGR of -15.6% – with a net decline across the window.
Adobe capital expenditures peaked at $442.00M in 2022; the latest annual figure is $179.00M in 2025 (59.5% below peak).
The dataset's maximum capital expenditures sits at $442.00M (2022); the minimum reading of $5.20M dates to 1989.
Among 8 Technology peers, Adobe (ADBE) ranks 9th; the peer median for capital expenditures is $9.38B.
Adobe Capital Expenditures by Year
Adobe Capital Expenditures 2025: $179.00M
Adobe capital expenditures in 2025 was $179.00M, declined 22.8% below 2024.
Adobe Capital Expenditures 2024: $232.00M
Adobe capital expenditures in 2024 was $232.00M, plunged 35.6% below 2023.
Adobe Capital Expenditures 2023: $360.00M
Adobe capital expenditures in 2023 was $360.00M, declined 18.6% below 2022.
Adobe Capital Expenditures 2022: $442.00M
Adobe capital expenditures in 2022 was $442.00M, surged 33.9% from 2021. This figure represents the highest annual value in the available history.
Adobe Capital Expenditures 2021: $330.00M
Adobe capital expenditures in 2021 was $330.00M.
See more financial history for Adobe (ADBE).
Sector peers — CapEx
Companies in the same sector as Adobe, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| TSMC (TSM) | $1.29T | Technology |
| Microsoft (MSFT) | $64.55B | Technology |
| Micron Technology (MU) | $15.86B | Technology |
| Apple (AAPL) | $12.71B | Technology |
| NVIDIA (NVDA) | $6.04B | Technology |
| ASML (ASML) | $1.51B | Technology |
| AMD (AMD) | $974.00M | Technology |
| Broadcom (AVGO) | $623.00M | Technology |
Frequently asked questions
What is Adobe's capital expenditures?
Latest reported capital expenditures for Adobe (ADBE) is $190.00M (period ending February 27, 2026).
How has Adobe capital expenditures changed year-over-year?
Adobe (ADBE) capital expenditures changed -22.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Adobe capital expenditures?
Adobe (ADBE) capital expenditures compound annual growth rate is -15.6% over the most recent 5 years available.
When did Adobe capital expenditures hit its highest annual value?
Adobe capital expenditures reached its highest annual value of $442.00M in 2022.
What was Adobe capital expenditures in 2024?
Adobe (ADBE) capital expenditures in 2024 was $232.00M.
What was Adobe capital expenditures in 2025?
Adobe (ADBE) capital expenditures in 2025 was $179.00M.
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