Adobe (WBO:ADBE) Capital Expenditure: €-172.21 Mil (TTM As of May. 2026)


WBO:ADBE Adobe Inc WBO:ADBE
79 GF Score
Price €173.16
GF Value €522.56
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Adobe Capital Expenditure?

Adobe WBO:ADBE +2.68% 79 Capital Expenditure is €-172.21 Mil as of May. 2026. GuruFocus rates WBO:ADBE with a GF Score™ of 79/100 and a GF Value™ of €522.56 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Cash flow for capital expenditures refers to the funds spent for a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.

Adobe's cash flow for capital expenditures for the three months ended in May. 2026 was €-50 Mil. Its cash flow for capital expenditures for the trailing twelve months (TTM) ended in May. 2026 was €-172.21 Mil.

Adobe Capital Expenditure Historical Data

* Premium members only.

The historical data trend for Adobe's Capital Expenditure can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adobe Capital Expenditure Chart

Adobe Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Capital Expenditure
Get a 7-Day Free Trial Premium Member Only Premium Member Only -304.85 -433.60 -332.64 -172.39 -154.84

Adobe Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Capital Expenditure Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -41.69 -61.85 -29.41 -31.30 -49.65
WBO:ADBE
79GF Score
Adobe Inc WBO:ADBE
Capital Expenditure is just one metric. See GF Score™, valuation, warning signs, and more.
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Adobe Capital Expenditure Calculation

Cash flow for capital expenditures refers to the funds spent for a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.

Capital Expenditure for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-172.21 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Capital Expenditure →
What does a Capital Expenditure of €-172.21 Mil mean?
Adobe (WBO:ADBE) has a Capital Expenditure of €-172.21 Mil as of May. 2026. Capital Expenditures represent the company's purchases of property, plant, equipment and other long-term fixed assets. View historical data for Adobe.
Is Adobe's Capital Expenditure too high?
Adobe's current Capital Expenditure is €-172.21 Mil. Overall, Adobe has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adobe's Capital Expenditure compare to CDNS and INTU?
Adobe's Capital Expenditure of €-172.21 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capital Expenditure for a Software company?
A good Capital Expenditure depends on the Software industry context. However, Capital Expenditure should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capital Expenditure mean?
A high Capital Expenditure can signal that a stock is expensive relative to its fundamentals. Capital Expenditures represent the company's purchases of property, plant, equipment and other long-term fixed assets. View historical data for Adobe. Adobe's current Capital Expenditure is €-172.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adobe stock overvalued right now?
Based on GuruFocus' analysis, Adobe (WBO:ADBE) is currently considered Significantly Undervalued. The stock's GF Value™ is €522.56, compared to a current price of €173.16 — trading 66.9% below its estimated fair value. The current Capital Expenditure is €-172.21 Mil. Adobe's overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capital Expenditure calculated?
Capital Expenditure is calculated from a company's financial statements. For Adobe (WBO:ADBE), the current Capital Expenditure is €-172.21 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Adobe (WBO:ADBE) Overvalued in 2026?

Based on GuruFocus' analysis, Adobe stock appears to be undervalued. The current stock price of €173.16 is trading 66.9% below its estimated GF Value™ of €522.56. GuruFocus considers Adobe to be Significantly Undervalued.

Key valuation signals for WBO:ADBE:

  • Capital Expenditure: €-172.21 Mil
  • GF Value™: €522.56 vs. price of €173.16 (66.9% below fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the WBO:ADBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Adobe Business Description

Address 345 Park Avenue, San Jose, CA, USA, 95110-2704
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
79GF Score

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Capital Expenditure is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€173.16
Price
€522.56
GF Value