ADBE · 10-Q · 2026Q3 · Full report
Operating Cash Flow and Capex
ADOBE INC. · 2026-09-22 · Importance 54 · Surprise 40 · In source text
Net cash provided by operating activities increased 11% to $7.65 billion for the nine months ended August 28, 2026, from $6.87 billion in the prior-year period. Operating cash flow benefited from strong cash collections and decreases in trade receivables. Investing cash use increased to $1.91 billion, primarily because of the Semrush acquisition, ongoing capital expenditures and purchases of short-term investments. Adobe expects continued purchases of computer and server hardware to operate its network infrastructure, in addition to ongoing sales, support and administrative spending.
Key facts
- Cash flows from operations were $7.65 billion during the nine months ended August 28, 2026, an increase of $775 million, or 11%, compared to the year-ago period. source
- Net cash provided by operating activities was $7,646 million for the nine months ended August 28, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +25.5% | Net cash provided by operating activities was $7,646 million for the nine months ended August 28, 2026. |
| cash | positive | realized | +2.6% | Cash flows from operations were $7.65 billion during the nine months ended August 28, 2026, an increase of $775 million, or 11%, compared… |