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Side-by-side financial comparison of Adobe Inc. (ADBE) and ManpowerGroup Inc. (MAN). Click either name above to swap in a different company.

Adobe Inc. is the larger business by last-quarter revenue ($6.4B vs $4.7B, roughly 1.4× ManpowerGroup Inc.). Adobe Inc. runs the higher net margin — 29.5% vs 0.6%, a 28.9% gap on every dollar of revenue. On growth, Adobe Inc. posted the faster year-over-year revenue change (12.0% vs 7.1%). Adobe Inc. produced more free cash flow last quarter ($2.9B vs $168.0M). Over the past eight quarters, Adobe Inc.'s revenue compounded faster (9.8% CAGR vs 3.5%).

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.

ManpowerGroup is an American multinational corporation headquartered in Milwaukee, Wisconsin. Founded in 1948 by Elmer Winter and Aaron Scheinfeld, ManpowerGroup is the third-largest staffing firm in the world behind Swiss firm Adecco and Dutch firm Randstad NV. The company provides administrative & support services, professional services, and business services through its four primary brands: Manpower, Experis, Right Management, and ManpowerGroup Solutions.

ADBE vs MAN — Head-to-Head

Bigger by revenue
ADBE
ADBE
1.4× larger
ADBE
$6.4B
$4.7B
MAN
Growing faster (revenue YoY)
ADBE
ADBE
+4.8% gap
ADBE
12.0%
7.1%
MAN
Higher net margin
ADBE
ADBE
28.9% more per $
ADBE
29.5%
0.6%
MAN
More free cash flow
ADBE
ADBE
$2.8B more FCF
ADBE
$2.9B
$168.0M
MAN
Faster 2-yr revenue CAGR
ADBE
ADBE
Annualised
ADBE
9.8%
3.5%
MAN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ADBE
ADBE
MAN
MAN
Revenue
$6.4B
$4.7B
Net Profit
$1.9B
$30.2M
Gross Margin
89.6%
16.3%
Operating Margin
37.8%
1.7%
Net Margin
29.5%
0.6%
Revenue YoY
12.0%
7.1%
Net Profit YoY
4.3%
34.2%
EPS (diluted)
$4.60
$0.65

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.

Revenue
ADBE
ADBE
MAN
MAN
Q1 26
$6.4B
Q4 25
$6.2B
$4.7B
Q3 25
$6.0B
$4.6B
Q2 25
$5.9B
$4.5B
Q1 25
$5.7B
$4.1B
Q4 24
$5.6B
$4.4B
Q3 24
$5.4B
$4.5B
Q2 24
$5.3B
$4.5B
Net Profit
ADBE
ADBE
MAN
MAN
Q1 26
$1.9B
Q4 25
$1.9B
$30.2M
Q3 25
$1.8B
$18.0M
Q2 25
$1.7B
$-67.1M
Q1 25
$1.8B
$5.6M
Q4 24
$1.7B
$22.5M
Q3 24
$1.7B
$22.8M
Q2 24
$1.6B
$60.1M
Gross Margin
ADBE
ADBE
MAN
MAN
Q1 26
89.6%
Q4 25
89.5%
16.3%
Q3 25
89.3%
16.6%
Q2 25
89.1%
16.9%
Q1 25
89.1%
17.1%
Q4 24
89.0%
17.2%
Q3 24
89.8%
17.3%
Q2 24
88.7%
17.4%
Operating Margin
ADBE
ADBE
MAN
MAN
Q1 26
37.8%
Q4 25
36.5%
1.7%
Q3 25
36.3%
1.4%
Q2 25
35.9%
-0.6%
Q1 25
37.9%
0.7%
Q4 24
34.9%
1.6%
Q3 24
36.8%
1.6%
Q2 24
35.5%
2.2%
Net Margin
ADBE
ADBE
MAN
MAN
Q1 26
29.5%
Q4 25
30.0%
0.6%
Q3 25
29.6%
0.4%
Q2 25
28.8%
-1.5%
Q1 25
31.7%
0.1%
Q4 24
30.0%
0.5%
Q3 24
31.1%
0.5%
Q2 24
29.6%
1.3%
EPS (diluted)
ADBE
ADBE
MAN
MAN
Q1 26
$4.60
Q4 25
$4.44
$0.65
Q3 25
$4.18
$0.38
Q2 25
$3.94
$-1.44
Q1 25
$4.14
$0.12
Q4 24
$3.75
$0.49
Q3 24
$3.76
$0.47
Q2 24
$3.49
$1.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADBE
ADBE
MAN
MAN
Cash + ST InvestmentsLiquidity on hand
$6.9B
$871.0M
Total DebtLower is stronger
$5.4B
$1.1B
Stockholders' EquityBook value
$11.4B
$2.1B
Total Assets
$29.7B
$9.2B
Debt / EquityLower = less leverage
0.47×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADBE
ADBE
MAN
MAN
Q1 26
$6.9B
Q4 25
$6.6B
$871.0M
Q3 25
$5.9B
$274.6M
Q2 25
$5.7B
$289.8M
Q1 25
$7.4B
$395.0M
Q4 24
$7.9B
$509.4M
Q3 24
$7.5B
$410.9M
Q2 24
$8.1B
$468.9M
Total Debt
ADBE
ADBE
MAN
MAN
Q1 26
$5.4B
Q4 25
$6.2B
$1.1B
Q3 25
$6.2B
$468.3M
Q2 25
$6.2B
$470.3M
Q1 25
$6.2B
$971.4M
Q4 24
$4.1B
$929.4M
Q3 24
$4.1B
$999.7M
Q2 24
$4.1B
$961.7M
Stockholders' Equity
ADBE
ADBE
MAN
MAN
Q1 26
$11.4B
Q4 25
$11.6B
$2.1B
Q3 25
$11.8B
$2.0B
Q2 25
$11.4B
$2.0B
Q1 25
$13.1B
$2.1B
Q4 24
$14.1B
$2.1B
Q3 24
$14.5B
$2.2B
Q2 24
$14.8B
$2.1B
Total Assets
ADBE
ADBE
MAN
MAN
Q1 26
$29.7B
Q4 25
$29.5B
$9.2B
Q3 25
$28.8B
$8.4B
Q2 25
$28.1B
$8.5B
Q1 25
$30.0B
$8.0B
Q4 24
$30.2B
$8.2B
Q3 24
$29.8B
$8.5B
Q2 24
$30.0B
$8.5B
Debt / Equity
ADBE
ADBE
MAN
MAN
Q1 26
0.47×
Q4 25
0.53×
0.51×
Q3 25
0.53×
0.23×
Q2 25
0.54×
0.24×
Q1 25
0.47×
0.46×
Q4 24
0.29×
0.44×
Q3 24
0.28×
0.46×
Q2 24
0.28×
0.45×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADBE
ADBE
MAN
MAN
Operating Cash FlowLast quarter
$3.0B
$178.9M
Free Cash FlowOCF − Capex
$2.9B
$168.0M
FCF MarginFCF / Revenue
45.7%
3.6%
Capex IntensityCapex / Revenue
0.6%
0.2%
Cash ConversionOCF / Net Profit
1.57×
5.92×
TTM Free Cash FlowTrailing 4 quarters
$10.3B
$-161.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADBE
ADBE
MAN
MAN
Q1 26
$3.0B
Q4 25
$3.2B
$178.9M
Q3 25
$2.2B
$59.8M
Q2 25
$2.2B
$-189.6M
Q1 25
$2.5B
$-153.2M
Q4 24
$247.6M
Q3 24
$2.0B
$83.5M
Q2 24
$1.9B
$-137.9M
Free Cash Flow
ADBE
ADBE
MAN
MAN
Q1 26
$2.9B
Q4 25
$3.1B
$168.0M
Q3 25
$2.1B
$44.7M
Q2 25
$2.1B
$-207.2M
Q1 25
$2.5B
$-166.9M
Q4 24
$236.3M
Q3 24
$2.0B
$67.4M
Q2 24
$1.9B
$-149.8M
FCF Margin
ADBE
ADBE
MAN
MAN
Q1 26
45.7%
Q4 25
50.5%
3.6%
Q3 25
35.5%
1.0%
Q2 25
36.5%
-4.6%
Q1 25
43.0%
-4.1%
Q4 24
5.4%
Q3 24
36.3%
1.5%
Q2 24
35.8%
-3.3%
Capex Intensity
ADBE
ADBE
MAN
MAN
Q1 26
0.6%
Q4 25
0.5%
0.2%
Q3 25
1.2%
0.3%
Q2 25
0.8%
0.4%
Q1 25
0.5%
0.3%
Q4 24
0.3%
Q3 24
1.1%
0.4%
Q2 24
0.8%
0.3%
Cash Conversion
ADBE
ADBE
MAN
MAN
Q1 26
1.57×
Q4 25
1.70×
5.92×
Q3 25
1.24×
3.32×
Q2 25
1.30×
Q1 25
1.37×
-27.36×
Q4 24
11.00×
Q3 24
1.20×
3.66×
Q2 24
1.23×
-2.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADBE
ADBE

Subscription Revenue$6.2B97%
Service Other$110.0M2%
Products$90.0M1%

MAN
MAN

Other$2.4B52%
Transferred Over Time$1.1B24%
Staffingand Interim$1.0B22%
Productsand Services Other$50.8M1%
Permanent Recruitment$37.5M1%
Outcome Based Solutionsand Consulting$20.7M0%
Transferred At Point In Time$20.4M0%

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