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Side-by-side financial comparison of Adobe Inc. (ADBE) and SONIC AUTOMOTIVE INC (SAH). Click either name above to swap in a different company.
Adobe Inc. is the larger business by last-quarter revenue ($6.4B vs $3.7B, roughly 1.7× SONIC AUTOMOTIVE INC). Adobe Inc. runs the higher net margin — 29.5% vs 1.6%, a 27.9% gap on every dollar of revenue. On growth, Adobe Inc. posted the faster year-over-year revenue change (12.0% vs 1.0%). Over the past eight quarters, Adobe Inc.'s revenue compounded faster (8.8% CAGR vs 3.4%).
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.
Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.
ADBE vs SAH — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $6.4B | $3.7B |
| Net Profit | $1.9B | $60.8M |
| Gross Margin | 89.6% | 16.2% |
| Operating Margin | 37.8% | 3.1% |
| Net Margin | 29.5% | 1.6% |
| Revenue YoY | 12.0% | 1.0% |
| Net Profit YoY | — | — |
| EPS (diluted) | $4.60 | $1.79 |
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 | $3.7B | ||
| Q4 25 | $6.2B | $3.9B | ||
| Q3 25 | $6.0B | $4.0B | ||
| Q2 25 | $5.9B | $3.7B | ||
| Q1 25 | $5.7B | $3.7B | ||
| Q4 24 | $5.6B | $3.9B | ||
| Q3 24 | $5.4B | $3.5B | ||
| Q2 24 | — | $3.5B |
| Q1 26 | $1.9B | $60.8M | ||
| Q4 25 | $1.9B | $46.9M | ||
| Q3 25 | $1.8B | $46.8M | ||
| Q2 25 | $1.7B | $-45.6M | ||
| Q1 25 | $1.8B | $70.6M | ||
| Q4 24 | $1.7B | $58.6M | ||
| Q3 24 | $1.7B | $74.2M | ||
| Q2 24 | — | $41.2M |
| Q1 26 | 89.6% | 16.2% | ||
| Q4 25 | 89.5% | 15.5% | ||
| Q3 25 | 89.3% | 15.5% | ||
| Q2 25 | 89.1% | 16.5% | ||
| Q1 25 | 89.1% | 15.5% | ||
| Q4 24 | 89.0% | 14.7% | ||
| Q3 24 | 89.8% | 15.6% | ||
| Q2 24 | — | 15.6% |
| Q1 26 | 37.8% | 3.1% | ||
| Q4 25 | 36.5% | 3.2% | ||
| Q3 25 | 36.3% | 3.1% | ||
| Q2 25 | 35.9% | -0.6% | ||
| Q1 25 | 37.9% | 4.0% | ||
| Q4 24 | 34.9% | 3.4% | ||
| Q3 24 | 36.8% | 3.3% | ||
| Q2 24 | — | 3.1% |
| Q1 26 | 29.5% | 1.6% | ||
| Q4 25 | 30.0% | 1.2% | ||
| Q3 25 | 29.6% | 1.2% | ||
| Q2 25 | 28.8% | -1.2% | ||
| Q1 25 | 31.7% | 1.9% | ||
| Q4 24 | 30.0% | 1.5% | ||
| Q3 24 | 31.1% | 2.1% | ||
| Q2 24 | — | 1.2% |
| Q1 26 | $4.60 | $1.79 | ||
| Q4 25 | $4.44 | $1.39 | ||
| Q3 25 | $4.18 | $1.33 | ||
| Q2 25 | $3.94 | $-1.34 | ||
| Q1 25 | $4.14 | $2.04 | ||
| Q4 24 | $3.75 | $1.67 | ||
| Q3 24 | $3.76 | $2.13 | ||
| Q2 24 | — | $1.18 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $11.4B | — |
| Total Assets | $29.7B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.6B | $6.3M | ||
| Q3 25 | $5.9B | $89.4M | ||
| Q2 25 | $5.7B | $110.4M | ||
| Q1 25 | $7.4B | $64.6M | ||
| Q4 24 | $7.9B | $44.0M | ||
| Q3 24 | $7.5B | $17.6M | ||
| Q2 24 | — | $67.2M |
| Q1 26 | $5.4B | — | ||
| Q4 25 | $6.2B | $1.6B | ||
| Q3 25 | $6.2B | $1.5B | ||
| Q2 25 | $6.2B | $1.5B | ||
| Q1 25 | $6.2B | $1.6B | ||
| Q4 24 | $4.1B | $1.6B | ||
| Q3 24 | $4.1B | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | $11.4B | — | ||
| Q4 25 | $11.6B | $1.1B | ||
| Q3 25 | $11.8B | $1.1B | ||
| Q2 25 | $11.4B | $1.0B | ||
| Q1 25 | $13.1B | $1.1B | ||
| Q4 24 | $14.1B | $1.1B | ||
| Q3 24 | $14.5B | $1.0B | ||
| Q2 24 | — | $944.7M |
| Q1 26 | $29.7B | — | ||
| Q4 25 | $29.5B | $6.0B | ||
| Q3 25 | $28.8B | $6.0B | ||
| Q2 25 | $28.1B | $5.9B | ||
| Q1 25 | $30.0B | $5.9B | ||
| Q4 24 | $30.2B | $5.9B | ||
| Q3 24 | $29.8B | $5.8B | ||
| Q2 24 | — | $5.8B |
| Q1 26 | 0.47× | — | ||
| Q4 25 | 0.53× | 1.51× | ||
| Q3 25 | 0.53× | 1.39× | ||
| Q2 25 | 0.54× | 1.48× | ||
| Q1 25 | 0.47× | 1.44× | ||
| Q4 24 | 0.29× | 1.49× | ||
| Q3 24 | 0.28× | 1.67× | ||
| Q2 24 | — | 1.81× |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 1.57× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.2B | $66.9M | ||
| Q3 25 | $2.2B | $167.9M | ||
| Q2 25 | $2.2B | $136.8M | ||
| Q1 25 | $2.5B | $195.8M | ||
| Q4 24 | — | $87.7M | ||
| Q3 24 | $2.0B | $87.8M | ||
| Q2 24 | — | $-136.4M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.1B | $-195.6M | ||
| Q3 25 | $2.1B | $134.4M | ||
| Q2 25 | $2.1B | $102.7M | ||
| Q1 25 | $2.5B | $150.8M | ||
| Q4 24 | — | $-245.5M | ||
| Q3 24 | $2.0B | $34.5M | ||
| Q2 24 | — | $-185.2M |
| Q1 26 | 45.7% | — | ||
| Q4 25 | 50.5% | -5.1% | ||
| Q3 25 | 35.5% | 3.4% | ||
| Q2 25 | 36.5% | 2.8% | ||
| Q1 25 | 43.0% | 4.1% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | 36.3% | 1.0% | ||
| Q2 24 | — | -5.4% |
| Q1 26 | 0.6% | — | ||
| Q4 25 | 0.5% | 6.8% | ||
| Q3 25 | 1.2% | 0.8% | ||
| Q2 25 | 0.8% | 0.9% | ||
| Q1 25 | 0.5% | 1.2% | ||
| Q4 24 | — | 8.6% | ||
| Q3 24 | 1.1% | 1.5% | ||
| Q2 24 | — | 1.4% |
| Q1 26 | 1.57× | — | ||
| Q4 25 | 1.70× | 1.43× | ||
| Q3 25 | 1.24× | 3.59× | ||
| Q2 25 | 1.30× | — | ||
| Q1 25 | 1.37× | 2.77× | ||
| Q4 24 | — | 1.50× | ||
| Q3 24 | 1.20× | 1.18× | ||
| Q2 24 | — | -3.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADBE
| Subscription | $6.2B | 97% |
| Services and other | $110.0M | 2% |
| Product | $90.0M | 1% |
SAH
| Retail new vehicles | $1.6B | 44% |
| Used vehicles | $1.3B | 34% |
| Parts, service and collision repair | $516.6M | 14% |
| Finance, insurance and other, net | $202.4M | 5% |
| Wholesale vehicles | $71.8M | 2% |
| Fleet new vehicles | $20.7M | 1% |