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Side-by-side financial comparison of Adobe Inc. (ADBE) and CBRE Group (CBRE). Click either name above to swap in a different company.
CBRE Group is the larger business by last-quarter revenue ($10.5B vs $6.4B, roughly 1.6× Adobe Inc.). Adobe Inc. runs the higher net margin — 29.5% vs 3.0%, a 26.5% gap on every dollar of revenue. On growth, CBRE Group posted the faster year-over-year revenue change (22.0% vs 12.0%). Adobe Inc. produced more free cash flow last quarter ($2.9B vs $-605.0M). Over the past eight quarters, CBRE Group's revenue compounded faster (13.0% CAGR vs 9.8%).
Adobe Inc., formerly Adobe Systems Incorporated, is an American multinational computer software company based in San Jose, California. It offers a wide range of programs from web design tools, photo manipulation, and vector creation to video and audio editing, mobile app development, print layout, and animation software.
CBRE can refer to:Canadian Brotherhood of Railway Employees, a railway trade union in Canada Chemical, Biological, Radiological and Explosive Defence Group, a counter-terrorism unit in Singapore CBRE Group, a multinational real estate corporation Certified broadcast radio engineer, a professional title regulated by The Society of Broadcast Engineers
ADBE vs CBRE — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.4B | $10.5B |
| Net Profit | $1.9B | $318.0M |
| Gross Margin | 89.6% | 17.6% |
| Operating Margin | 37.8% | 4.9% |
| Net Margin | 29.5% | 3.0% |
| Revenue YoY | 12.0% | 22.0% |
| Net Profit YoY | 4.3% | 95.1% |
| EPS (diluted) | $4.60 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $6.4B | $10.5B | ||
| Q4 25 | $6.2B | $11.5B | ||
| Q3 25 | $6.0B | $10.1B | ||
| Q2 25 | $5.9B | $9.6B | ||
| Q1 25 | $5.7B | $8.8B | ||
| Q4 24 | $5.6B | $10.2B | ||
| Q3 24 | $5.4B | $8.8B | ||
| Q2 24 | $5.3B | $8.2B |
| Q1 26 | $1.9B | $318.0M | ||
| Q4 25 | $1.9B | $416.0M | ||
| Q3 25 | $1.8B | $363.0M | ||
| Q2 25 | $1.7B | $215.0M | ||
| Q1 25 | $1.8B | $163.0M | ||
| Q4 24 | $1.7B | $487.0M | ||
| Q3 24 | $1.7B | $225.0M | ||
| Q2 24 | $1.6B | $130.0M |
| Q1 26 | 89.6% | 17.6% | ||
| Q4 25 | 89.5% | 17.3% | ||
| Q3 25 | 89.3% | 17.7% | ||
| Q2 25 | 89.1% | 17.1% | ||
| Q1 25 | 89.1% | 17.1% | ||
| Q4 24 | 89.0% | 18.7% | ||
| Q3 24 | 89.8% | 18.1% | ||
| Q2 24 | 88.7% | 17.6% |
| Q1 26 | 37.8% | 4.9% | ||
| Q4 25 | 36.5% | 5.4% | ||
| Q3 25 | 36.3% | 4.8% | ||
| Q2 25 | 35.9% | 3.9% | ||
| Q1 25 | 37.9% | 3.1% | ||
| Q4 24 | 34.9% | 5.8% | ||
| Q3 24 | 36.8% | 4.2% | ||
| Q2 24 | 35.5% | 3.0% |
| Q1 26 | 29.5% | 3.0% | ||
| Q4 25 | 30.0% | 3.6% | ||
| Q3 25 | 29.6% | 3.6% | ||
| Q2 25 | 28.8% | 2.2% | ||
| Q1 25 | 31.7% | 1.9% | ||
| Q4 24 | 30.0% | 4.8% | ||
| Q3 24 | 31.1% | 2.5% | ||
| Q2 24 | 29.6% | 1.6% |
| Q1 26 | $4.60 | — | ||
| Q4 25 | $4.44 | $1.38 | ||
| Q3 25 | $4.18 | $1.21 | ||
| Q2 25 | $3.94 | $0.72 | ||
| Q1 25 | $4.14 | $0.54 | ||
| Q4 24 | $3.75 | $1.58 | ||
| Q3 24 | $3.76 | $0.73 | ||
| Q2 24 | $3.49 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $6.9B | $1.7B |
| Total DebtLower is stronger | $5.4B | $5.1B |
| Stockholders' EquityBook value | $11.4B | $8.9B |
| Total Assets | $29.7B | $30.2B |
| Debt / EquityLower = less leverage | 0.47× | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $6.9B | $1.7B | ||
| Q4 25 | $6.6B | $1.9B | ||
| Q3 25 | $5.9B | $1.7B | ||
| Q2 25 | $5.7B | $1.4B | ||
| Q1 25 | $7.4B | $1.4B | ||
| Q4 24 | $7.9B | $1.1B | ||
| Q3 24 | $7.5B | $1.0B | ||
| Q2 24 | $8.1B | $928.0M |
| Q1 26 | $5.4B | $5.1B | ||
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.2B | — | ||
| Q2 25 | $6.2B | — | ||
| Q1 25 | $6.2B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.1B | — |
| Q1 26 | $11.4B | $8.9B | ||
| Q4 25 | $11.6B | $8.9B | ||
| Q3 25 | $11.8B | $8.5B | ||
| Q2 25 | $11.4B | $8.3B | ||
| Q1 25 | $13.1B | $8.3B | ||
| Q4 24 | $14.1B | $8.4B | ||
| Q3 24 | $14.5B | $8.7B | ||
| Q2 24 | $14.8B | $8.4B |
| Q1 26 | $29.7B | $30.2B | ||
| Q4 25 | $29.5B | $30.9B | ||
| Q3 25 | $28.8B | $28.6B | ||
| Q2 25 | $28.1B | $27.7B | ||
| Q1 25 | $30.0B | $26.4B | ||
| Q4 24 | $30.2B | $24.4B | ||
| Q3 24 | $29.8B | $24.8B | ||
| Q2 24 | $30.0B | $23.5B |
| Q1 26 | 0.47× | 0.57× | ||
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.54× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.28× | — | ||
| Q2 24 | 0.28× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.0B | $-825.0M |
| Free Cash FlowOCF − Capex | $2.9B | $-605.0M |
| FCF MarginFCF / Revenue | 45.7% | -5.7% |
| Capex IntensityCapex / Revenue | 0.6% | 0.8% |
| Cash ConversionOCF / Net Profit | 1.57× | -2.59× |
| TTM Free Cash FlowTrailing 4 quarters | $10.3B | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.0B | $-825.0M | ||
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $2.2B | $827.0M | ||
| Q2 25 | $2.2B | $57.0M | ||
| Q1 25 | $2.5B | $-546.0M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $2.0B | $573.0M | ||
| Q2 24 | $1.9B | $287.0M |
| Q1 26 | $2.9B | $-605.0M | ||
| Q4 25 | $3.1B | $1.1B | ||
| Q3 25 | $2.1B | $743.0M | ||
| Q2 25 | $2.1B | $-17.0M | ||
| Q1 25 | $2.5B | $-610.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $2.0B | $494.0M | ||
| Q2 24 | $1.9B | $220.0M |
| Q1 26 | 45.7% | -5.7% | ||
| Q4 25 | 50.5% | 9.4% | ||
| Q3 25 | 35.5% | 7.4% | ||
| Q2 25 | 36.5% | -0.2% | ||
| Q1 25 | 43.0% | -7.0% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | 36.3% | 5.6% | ||
| Q2 24 | 35.8% | 2.7% |
| Q1 26 | 0.6% | 0.8% | ||
| Q4 25 | 0.5% | 1.3% | ||
| Q3 25 | 1.2% | 0.8% | ||
| Q2 25 | 0.8% | 0.8% | ||
| Q1 25 | 0.5% | 0.7% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | 1.1% | 0.9% | ||
| Q2 24 | 0.8% | 0.8% |
| Q1 26 | 1.57× | -2.59× | ||
| Q4 25 | 1.70× | 2.94× | ||
| Q3 25 | 1.24× | 2.28× | ||
| Q2 25 | 1.30× | 0.27× | ||
| Q1 25 | 1.37× | -3.35× | ||
| Q4 24 | — | 2.75× | ||
| Q3 24 | 1.20× | 2.55× | ||
| Q2 24 | 1.23× | 2.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADBE
| Subscription Revenue | $6.2B | 97% |
| Service Other | $110.0M | 2% |
| Products | $90.0M | 1% |
CBRE
Segment breakdown not available.
