Adobe (ADBE) Tax Rate %: 23.50% (As of May. 2026)

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ADBE Adobe Inc ADBE
86 GF Score
Price $235.31
GF Value $584.13
Valuation Significantly Undervalued
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What is Adobe Tax Rate %?

Adobe ADBE 86 Tax Rate % is 23.50% as of May. 2026. GuruFocus rates ADBE with a GF Score™ of 86/100 and a GF Value™ of $584.13 (Significantly Undervalued).

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Adobe's Tax Expense for the three months ended in May. 2026 was $526 Mil. Adobe's Pre-Tax Income for the three months ended in May. 2026 was $2,238 Mil. Therefore, Adobe's Tax Rate % for the quarter that ended in May. 2026 was 23.50%.

Adobe Tax Rate % Related Terms

Adobe Tax Rate % Historical Data

* Premium members only.

The historical data trend for Adobe's Tax Rate % 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 Tax Rate % Chart

Adobe Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.48 20.84 20.16 19.78 18.37

Adobe Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Rate % 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 19.51 18.98 18.02 22.01 23.50
ADBE
86GF Score
Adobe Inc ADBE
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Adobe Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Adobe's Tax Rate % for the fiscal year that ended in Nov. 2025 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2025 )/Pre-Tax Income (A: Nov. 2025 )
=1604/8734
=18.37 %

Adobe's Tax Rate % for the quarter that ended in May. 2026 is calculated as

Tax Rate %=Tax Expense (Q: May. 2026 )/Pre-Tax Income (Q: May. 2026 )
=526/2238
=23.50 %

* 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 Tax Rate % →
What does a Tax Rate % of 23.50% mean?
Adobe (ADBE) has a Tax Rate % of 23.50% as of May. 2026.
Is Adobe's Tax Rate % too high?
Adobe's current Tax Rate % is 23.50%. Overall, Adobe has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adobe's Tax Rate % compare to DDOG and SNOW?
Adobe's Tax Rate % of 23.50% 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 Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Adobe's current Tax Rate % is 23.50%. 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 (ADBE) is currently considered Significantly Undervalued. The stock's GF Value™ is $584.13, compared to a current price of $235.31 — trading 59.7% below its estimated fair value. The current Tax Rate % is 23.50%. Adobe's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Adobe (ADBE), the current Tax Rate % is 23.50% 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 (ADBE) Overvalued in 2026?

Based on GuruFocus' analysis, Adobe stock appears to be undervalued. The current stock price of $235.31 is trading 59.7% below its estimated GF Value™ of $584.13. GuruFocus considers Adobe to be Significantly Undervalued.

Key valuation signals for ADBE:

  • Tax Rate %: 23.50%
  • GF Value™: $584.13 vs. price of $235.31 (59.7% below fair value)
  • GF Score™: 86/100

No single metric tells the full story. See the 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).
86GF Score

Get the complete analysis for ADBE

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

$235.31
Price
$584.13
GF Value