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Side-by-side financial comparison of Adobe Inc. (ADBE) and WESCO INTERNATIONAL INC (WCC). Click either name above to swap in a different company.
Adobe Inc. is the larger business by last-quarter revenue ($6.4B vs $6.1B, roughly 1.1× WESCO INTERNATIONAL INC). Adobe Inc. runs the higher net margin — 29.5% vs 2.6%, a 26.9% gap on every dollar of revenue. On growth, Adobe Inc. posted the faster year-over-year revenue change (12.0% vs 10.3%). Adobe Inc. produced more free cash flow last quarter ($2.9B vs $27.5M). Over the past eight quarters, Adobe Inc.'s revenue compounded faster (9.8% CAGR vs 6.5%).
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.
Wesco International, Inc. is a publicly traded American holding company for Wesco Distribution, an electrical distribution and services company based in Pittsburgh, Pennsylvania.
ADBE vs WCC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.4B | $6.1B |
| Net Profit | $1.9B | $159.8M |
| Gross Margin | 89.6% | 21.2% |
| Operating Margin | 37.8% | 5.3% |
| Net Margin | 29.5% | 2.6% |
| Revenue YoY | 12.0% | 10.3% |
| Net Profit YoY | 4.3% | -3.4% |
| EPS (diluted) | $4.60 | $3.33 |
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 | $6.1B | ||
| Q3 25 | $6.0B | $6.2B | ||
| Q2 25 | $5.9B | $5.9B | ||
| Q1 25 | $5.7B | $5.3B | ||
| Q4 24 | $5.6B | $5.5B | ||
| Q3 24 | $5.4B | $5.5B | ||
| Q2 24 | $5.3B | $5.5B |
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $159.8M | ||
| Q3 25 | $1.8B | $187.5M | ||
| Q2 25 | $1.7B | $174.5M | ||
| Q1 25 | $1.8B | $118.4M | ||
| Q4 24 | $1.7B | $165.4M | ||
| Q3 24 | $1.7B | $204.3M | ||
| Q2 24 | $1.6B | $232.1M |
| Q1 26 | 89.6% | — | ||
| Q4 25 | 89.5% | 21.2% | ||
| Q3 25 | 89.3% | 21.3% | ||
| Q2 25 | 89.1% | 21.1% | ||
| Q1 25 | 89.1% | 21.1% | ||
| Q4 24 | 89.0% | 21.2% | ||
| Q3 24 | 89.8% | 22.1% | ||
| Q2 24 | 88.7% | 21.9% |
| Q1 26 | 37.8% | — | ||
| Q4 25 | 36.5% | 5.3% | ||
| Q3 25 | 36.3% | 5.6% | ||
| Q2 25 | 35.9% | 5.5% | ||
| Q1 25 | 37.9% | 4.5% | ||
| Q4 24 | 34.9% | 5.5% | ||
| Q3 24 | 36.8% | 6.1% | ||
| Q2 24 | 35.5% | 5.9% |
| Q1 26 | 29.5% | — | ||
| Q4 25 | 30.0% | 2.6% | ||
| Q3 25 | 29.6% | 3.0% | ||
| Q2 25 | 28.8% | 3.0% | ||
| Q1 25 | 31.7% | 2.2% | ||
| Q4 24 | 30.0% | 3.0% | ||
| Q3 24 | 31.1% | 3.7% | ||
| Q2 24 | 29.6% | 4.2% |
| Q1 26 | $4.60 | — | ||
| Q4 25 | $4.44 | $3.33 | ||
| Q3 25 | $4.18 | $3.79 | ||
| Q2 25 | $3.94 | $3.83 | ||
| Q1 25 | $4.14 | $2.10 | ||
| Q4 24 | $3.75 | $3.01 | ||
| Q3 24 | $3.76 | $3.81 | ||
| Q2 24 | $3.49 | $4.28 |
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 | $5.4B | — |
| Stockholders' EquityBook value | $11.4B | $5.0B |
| Total Assets | $29.7B | $16.5B |
| Debt / EquityLower = less leverage | 0.47× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.6B | — | ||
| Q3 25 | $5.9B | — | ||
| Q2 25 | $5.7B | — | ||
| Q1 25 | $7.4B | — | ||
| Q4 24 | $7.9B | — | ||
| Q3 24 | $7.5B | — | ||
| Q2 24 | $8.1B | — |
| 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 | $5.0B | ||
| Q3 25 | $11.8B | $4.8B | ||
| Q2 25 | $11.4B | $4.8B | ||
| Q1 25 | $13.1B | $5.0B | ||
| Q4 24 | $14.1B | $5.0B | ||
| Q3 24 | $14.5B | $5.0B | ||
| Q2 24 | $14.8B | $4.9B |
| Q1 26 | $29.7B | — | ||
| Q4 25 | $29.5B | $16.5B | ||
| Q3 25 | $28.8B | $16.6B | ||
| Q2 25 | $28.1B | $16.2B | ||
| Q1 25 | $30.0B | $15.5B | ||
| Q4 24 | $30.2B | $15.1B | ||
| Q3 24 | $29.8B | $15.3B | ||
| Q2 24 | $30.0B | $15.1B |
| 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 | $71.9M |
| Free Cash FlowOCF − Capex | $2.9B | $27.5M |
| FCF MarginFCF / Revenue | 45.7% | 0.5% |
| Capex IntensityCapex / Revenue | 0.6% | 0.7% |
| Cash ConversionOCF / Net Profit | 1.57× | 0.45× |
| TTM Free Cash FlowTrailing 4 quarters | $10.3B | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.2B | $71.9M | ||
| Q3 25 | $2.2B | $-82.7M | ||
| Q2 25 | $2.2B | $107.8M | ||
| Q1 25 | $2.5B | $28.0M | ||
| Q4 24 | — | $276.6M | ||
| Q3 24 | $2.0B | $302.1M | ||
| Q2 24 | $1.9B | $-223.8M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.1B | $27.5M | ||
| Q3 25 | $2.1B | $-95.9M | ||
| Q2 25 | $2.1B | $86.0M | ||
| Q1 25 | $2.5B | $7.6M | ||
| Q4 24 | — | $252.3M | ||
| Q3 24 | $2.0B | $272.9M | ||
| Q2 24 | $1.9B | $-244.6M |
| Q1 26 | 45.7% | — | ||
| Q4 25 | 50.5% | 0.5% | ||
| Q3 25 | 35.5% | -1.5% | ||
| Q2 25 | 36.5% | 1.5% | ||
| Q1 25 | 43.0% | 0.1% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | 36.3% | 5.0% | ||
| Q2 24 | 35.8% | -4.5% |
| Q1 26 | 0.6% | — | ||
| Q4 25 | 0.5% | 0.7% | ||
| Q3 25 | 1.2% | 0.2% | ||
| Q2 25 | 0.8% | 0.4% | ||
| Q1 25 | 0.5% | 0.4% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | 1.1% | 0.5% | ||
| Q2 24 | 0.8% | 0.4% |
| Q1 26 | 1.57× | — | ||
| Q4 25 | 1.70× | 0.45× | ||
| Q3 25 | 1.24× | -0.44× | ||
| Q2 25 | 1.30× | 0.62× | ||
| Q1 25 | 1.37× | 0.24× | ||
| Q4 24 | — | 1.67× | ||
| Q3 24 | 1.20× | 1.48× | ||
| Q2 24 | 1.23× | -0.96× |
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% |
WCC
| CSS | $2.4B | 40% |
| EES | $2.3B | 37% |
| UBS | $1.4B | 23% |
