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Side-by-side financial comparison of Adobe Inc. (ADBE) and Oracle Corporation (ORCL). Click either name above to swap in a different company.
Oracle Corporation is the larger business by last-quarter revenue ($16.1B vs $6.4B, roughly 2.5× Adobe Inc.). Oracle Corporation runs the higher net margin — 38.2% vs 29.5%, a 8.7% gap on every dollar of revenue. On growth, Oracle Corporation posted the faster year-over-year revenue change (14.2% vs 12.0%). Adobe Inc. produced more free cash flow last quarter ($2.9B vs $-10.0B). Over the past eight quarters, Oracle Corporation's revenue compounded faster (10.0% 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.
An oracle is a person or thing considered to provide insight, wise counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. If done through occultic means, it is a form of divination.
ADBE vs ORCL — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.4B | $16.1B |
| Net Profit | $1.9B | $6.1B |
| Gross Margin | 89.6% | — |
| Operating Margin | 37.8% | 29.5% |
| Net Margin | 29.5% | 38.2% |
| Revenue YoY | 12.0% | 14.2% |
| Net Profit YoY | 4.3% | 94.7% |
| EPS (diluted) | $4.60 | $2.10 |
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 | — | ||
| Q4 25 | $6.2B | $16.1B | ||
| Q3 25 | $6.0B | $14.9B | ||
| Q2 25 | $5.9B | $15.9B | ||
| Q1 25 | $5.7B | $14.1B | ||
| Q4 24 | $5.6B | $14.1B | ||
| Q3 24 | $5.4B | $13.3B | ||
| Q2 24 | $5.3B | $14.3B |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $6.1B | ||
| Q3 25 | $1.8B | $2.9B | ||
| Q2 25 | $1.7B | $3.4B | ||
| Q1 25 | $1.8B | $2.9B | ||
| Q4 24 | $1.7B | $3.2B | ||
| Q3 24 | $1.7B | $2.9B | ||
| Q2 24 | $1.6B | $3.1B |
| Q1 26 | 89.6% | — | ||
| Q4 25 | 89.5% | — | ||
| Q3 25 | 89.3% | — | ||
| Q2 25 | 89.1% | — | ||
| Q1 25 | 89.1% | — | ||
| Q4 24 | 89.0% | — | ||
| Q3 24 | 89.8% | — | ||
| Q2 24 | 88.7% | — |
| Q1 26 | 37.8% | — | ||
| Q4 25 | 36.5% | 29.5% | ||
| Q3 25 | 36.3% | 28.7% | ||
| Q2 25 | 35.9% | 32.1% | ||
| Q1 25 | 37.9% | 30.8% | ||
| Q4 24 | 34.9% | 30.0% | ||
| Q3 24 | 36.8% | 30.0% | ||
| Q2 24 | 35.5% | 32.8% |
| Q1 26 | 29.5% | — | ||
| Q4 25 | 30.0% | 38.2% | ||
| Q3 25 | 29.6% | 19.6% | ||
| Q2 25 | 28.8% | 21.5% | ||
| Q1 25 | 31.7% | 20.8% | ||
| Q4 24 | 30.0% | 22.4% | ||
| Q3 24 | 31.1% | 22.0% | ||
| Q2 24 | 29.6% | 22.0% |
| Q1 26 | $4.60 | — | ||
| Q4 25 | $4.44 | $2.10 | ||
| Q3 25 | $4.18 | $1.01 | ||
| Q2 25 | $3.94 | $1.19 | ||
| Q1 25 | $4.14 | $1.02 | ||
| Q4 24 | $3.75 | $1.10 | ||
| Q3 24 | $3.76 | $1.03 | ||
| Q2 24 | $3.49 | $1.11 |
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 | $19.2B |
| Total DebtLower is stronger | $5.4B | — |
| Stockholders' EquityBook value | $11.4B | $30.0B |
| Total Assets | $29.7B | $205.0B |
| Debt / EquityLower = less leverage | 0.47× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.6B | $19.2B | ||
| Q3 25 | $5.9B | $10.4B | ||
| Q2 25 | $5.7B | $10.8B | ||
| Q1 25 | $7.4B | $17.4B | ||
| Q4 24 | $7.9B | $10.9B | ||
| Q3 24 | $7.5B | $10.6B | ||
| Q2 24 | $8.1B | $10.5B |
| Q1 26 | $5.4B | — | ||
| 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 | — | ||
| Q4 25 | $11.6B | $30.0B | ||
| Q3 25 | $11.8B | $24.2B | ||
| Q2 25 | $11.4B | $20.5B | ||
| Q1 25 | $13.1B | $16.7B | ||
| Q4 24 | $14.1B | $13.7B | ||
| Q3 24 | $14.5B | $10.8B | ||
| Q2 24 | $14.8B | $8.7B |
| Q1 26 | $29.7B | — | ||
| Q4 25 | $29.5B | $205.0B | ||
| Q3 25 | $28.8B | $180.4B | ||
| Q2 25 | $28.1B | $168.4B | ||
| Q1 25 | $30.0B | $161.4B | ||
| Q4 24 | $30.2B | $148.5B | ||
| Q3 24 | $29.8B | $144.2B | ||
| Q2 24 | $30.0B | $141.0B |
| Q1 26 | 0.47× | — | ||
| 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 | $2.1B |
| Free Cash FlowOCF − Capex | $2.9B | $-10.0B |
| FCF MarginFCF / Revenue | 45.7% | -62.1% |
| Capex IntensityCapex / Revenue | 0.6% | 74.9% |
| Cash ConversionOCF / Net Profit | 1.57× | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | $10.3B | $-13.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.2B | $2.1B | ||
| Q3 25 | $2.2B | $8.1B | ||
| Q2 25 | $2.2B | $6.2B | ||
| Q1 25 | $2.5B | $5.9B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $2.0B | $7.4B | ||
| Q2 24 | $1.9B | $6.1B |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.1B | $-10.0B | ||
| Q3 25 | $2.1B | $-362.0M | ||
| Q2 25 | $2.1B | $-2.9B | ||
| Q1 25 | $2.5B | $71.0M | ||
| Q4 24 | — | $-2.7B | ||
| Q3 24 | $2.0B | $5.1B | ||
| Q2 24 | $1.9B | $3.3B |
| Q1 26 | 45.7% | — | ||
| Q4 25 | 50.5% | -62.1% | ||
| Q3 25 | 35.5% | -2.4% | ||
| Q2 25 | 36.5% | -18.4% | ||
| Q1 25 | 43.0% | 0.5% | ||
| Q4 24 | — | -19.0% | ||
| Q3 24 | 36.3% | 38.5% | ||
| Q2 24 | 35.8% | 23.0% |
| Q1 26 | 0.6% | — | ||
| Q4 25 | 0.5% | 74.9% | ||
| Q3 25 | 1.2% | 57.0% | ||
| Q2 25 | 0.8% | 57.1% | ||
| Q1 25 | 0.5% | 41.5% | ||
| Q4 24 | — | 28.2% | ||
| Q3 24 | 1.1% | 17.3% | ||
| Q2 24 | 0.8% | 19.6% |
| Q1 26 | 1.57× | — | ||
| Q4 25 | 1.70× | 0.34× | ||
| Q3 25 | 1.24× | 2.78× | ||
| Q2 25 | 1.30× | 1.80× | ||
| Q1 25 | 1.37× | 2.02× | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | 1.20× | 2.54× | ||
| Q2 24 | 1.23× | 1.93× |
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% |
ORCL
| Software Support | $4.9B | 31% |
| Cloud Infrastructure | $4.1B | 25% |
| Cloud Applications | $3.9B | 24% |
| Services Business | $1.4B | 9% |
| Software License | $939.0M | 6% |
| Hardware Business | $776.0M | 5% |
