Adobe (XSWX:ADBE) Total Operating Expense: CHF10,630 Mil (TTM As of May. 2026)


XSWX:ADBE Adobe Inc XSWX:ADBE
85 GF Score
Price CHF164.86
GF Value CHF476.60
Valuation Significantly Undervalued
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What is Adobe Total Operating Expense?

Adobe XSWX:ADBE -0.16% 85 Total Operating Expense is CHF10,630 Mil as of May. 2026. GuruFocus rates XSWX:ADBE with a GF Score™ of 85/100 and a GF Value™ of CHF476.60 (Significantly Undervalued).

Adobe's Total Operating Expense for the three months ended in May. 2026 was CHF2,871 Mil. Adobe's Total Operating Expense for the trailing twelve months (TTM) ended in May. 2026 was CHF10,630 Mil.

Adobe Total Operating Expense Related Terms

Adobe Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Adobe's Total Operating Expense 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 Total Operating Expense Chart

Adobe Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,479.11 9,025.34 9,262.53 10,047.55 10,055.90

Adobe Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Total Operating Expense 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 2,594.27 2,556.80 2,639.35 2,562.94 2,871.16
XSWX:ADBE
85GF Score
Adobe Inc XSWX:ADBE
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Adobe Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 CHF10,630 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.

What does a Total Operating Expense of CHF10,630 Mil mean?
Adobe (XSWX:ADBE) has a Total Operating Expense of CHF10,630 Mil as of May. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Adobe and its competitors.
Is Adobe's Total Operating Expense too high?
Adobe's current Total Operating Expense is CHF10,630 Mil. Overall, Adobe has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adobe's Total Operating Expense compare to DDOG and SNOW?
Adobe's Total Operating Expense of CHF10,630 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 Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Adobe and its competitors. Adobe's current Total Operating Expense is CHF10,630 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 (XSWX:ADBE) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF476.60, compared to a current price of CHF164.86 — trading 65.4% below its estimated fair value. The current Total Operating Expense is CHF10,630 Mil. Adobe's overall GF Score™ is 85/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Adobe (XSWX:ADBE), the current Total Operating Expense is CHF10,630 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 (XSWX:ADBE) Overvalued in 2026?

Based on GuruFocus' analysis, Adobe stock appears to be undervalued. The current stock price of CHF164.86 is trading 65.4% below its estimated GF Value™ of CHF476.60. GuruFocus considers Adobe to be Significantly Undervalued.

Key valuation signals for XSWX:ADBE:

  • Total Operating Expense: CHF10,630 Mil
  • GF Value™: CHF476.60 vs. price of CHF164.86 (65.4% below fair value)
  • GF Score™: 85/100

No single metric tells the full story. See the XSWX: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).
85GF Score

Get the complete analysis for XSWX:ADBE

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

CHF164.86
Price
CHF476.60
GF Value