Net worth of Adobe

How Much Is The Net Worth Of Adobe 2022?

Wondering about the net worth of Adobe? Check out here to find out Adobe’s net worth, source of income, market capitalization, and a lot more. Read further to know more about it

Adobe Inc., formerly known as Adobe Systems Incorporated is a multinational computer software company based in the US. Adobe Inc. is headquartered in San Jose, California and incorporated in Delaware. 

The chief offerings of Adobe include software for creating and publishing a wide variety of content including photographs, videos, graphics, illustrations, animations, multimedia, motion pictures and others. Adobe is proud to have millions of users around the globe.

How much is the net worth of Adobe?

Adobe’s current net worth is $315.42 billion. Adobe was founded in 1982 by John Warnock and Charles Geschke. The company is known for its multimedia and creativity software products. Popular products include Photoshop, Acrobat Reader, and Adobe Creative Cloud.

John Warnock and Charles Geschke founded Adobe in 1982. In 2020, Adobe had a total number of 22,516 employees. 40% of the company’s total work force works in San Jose. Adobe’s major development centers are located in the US cities New York, Newton, Minneapolis, Seattle, Austin, Lehi, and San Francisco. The firm also has its development centers in India located in Noida and Bengaluru.  

Adobe’s principal offerings are the famed image editing software Adobe Photoshop, vector based illustration software Adobe Illustrator, Adobe Portable Document Format (PDF) and Adobe Acrobat reader. 

Adobe too offers a suite of tools for creating, editing and publishing audio and video content. Adobe Creative Suite is a bundle of software offered by the firm which later became a SaaS (Subscription Software As A Service) known as Adobe Creative Cloud.

Adobe’s software products have become indispensable in the world of image, video and multimedia editing and has won the firm a distinct place among million dollar firms. Adobe net worth and how the firm has been able to experience a phenomenal growth over the years is a curious topic we will elaborate here.

Adobe Net Worth Quick Summary

Company Name:Adobe Inc.(Formerly Adobe Systems Incorporated)
Type of companyPublic
Trade SymbolADBE (Nasdaq)
Industry DomainIT Software and Services
Year of Founding1982
Head QuartersSan Jose, California
FoundersCharles M. Geschke and John E. Warnock
Chairman and CEOShantany Narayen
Area ServedGlobally
Principal ProductsPhotoshop, Acrobat, Illustrator, Dream Weaver, InDesign, Premiere Elements, Spark, Creative Cloud, Frame Maker, ColdFusion, CD, RoboHelp and others. 
Revenue in 2020$12.86 billion
Net worth 2021$315.42B
No. of employees in 202022,516

Net Worth Of Adobe

In 2021, Adobe’s net worth is $315.42 billion. This figure is obtained by Adobe’s stock price and the total number of outstanding shares of the company. 

For the quarter ending on August 31, 2021, Adobe’s revenue stood at $3.935B, which is a 22.02% increase over the values noted for the same quarter last year.

The firm’s revenue for twelve months ending on August 31, 2021 was $15.099B, which shows a 21.41% increase over the values recorded over the previous 12 month period.

Adobe’s 2020 annual revenue was $12.868B showing a 15.19% increase from the revenue reported in 2019. In 2019, the company’s annual revenue stood at $11.171B, which is a 23.71% increase over the figures recorded in 2018. Adobe’s 2018 annual revenue noted as $9.03B was a 23.67% increase over the revenue the company reported in 2017.

Net worth of Adobe

Adobe Creative Cloud is a very popular YouTube managed by Adobe centered on Education. This channel founded in 2011 has over 307.6 m total views, 8.6k videos, and 1.05 million subscribers. The net worth of Adobe Creative Cloud is $1.26 million. 

Rough estimates show that Adobe Creative Cloud could be earning over $315.88 thousand per year. Every day, this channel gets about 175.49 thousand views. In addition to views, the other ways in which the channel makes money are affiliate commissions, speaking gigs, product sales and sponsorships.

Important Milestones In Growth

In 1982, Adobe found its humble origins in John Warnock’s garage. In the same year, Steve Jobs opted to buy the firm for $5 million, but the founders of Adobe Warnock and Geschke  denied the offer. 

In purchasing 19% stake in the firm, Steve Jobs paid five times the multiples of Adobe’s actual valuation at that point which made Adobe turn highly profitable in the very first year of its founding. 

In 1988, Adobe developed the international standards for computer printing known as PostScript eventually adding Kanji printer products. Soon, PostScript became the standard printer language offering over 400 third party software and licensing agreements with more than 19 printer manufacturing firms. 

During 1980s, Adobe developed the vector based drawing program for Apple Macintosh called as Illustrator.

Adobe got listed on NASDAQ in 1986 and from 1999 to 2012, the firm’s revenue surged up from $1 billion to $4 billion. The line of successful products that flowed from Adobe were Photoshop in 1989, Adobe Premiere in 1991, PDF and Adobe Acrobat Reader in 1993, PageMaker and After Effects in 1994, FrameMaker in 1995, and Adobe Premiere Pro in 2003.

In 1992, Adobe acquired OCR Systems, Inc. and in 1994, it acquired Aldus Corporation, LaserTools Corp and Compution Inc. The other acquisitions that followed were Frame Technology Corp. and Ares Software Corp. in 1996 and in 2002, the firm acquired Canadian company Accelio. In 2005, Adobe acquired its major rival firm Macromedia in a stock swap arrangement with $3.4 billion.

In 2005, the line of products including ColdFusion, Adobe Connect, Contribute, Breeze, Captivate, Flash, Fireworks, Director, Dreamweaver, HomeSite, FlashPaper, Flex, Presenter, FreeHand, JRun, and Authorware. 

In a $1.8 billion deal, Adobe acquired Omniture in 2009, Day Software in 2010, and DemDex.Inc., and Nitobi Software in 2011. In 2012, Adobe inaugurated a 2,600 square meter facility in Lehi, Utah. 

In 2018, Adobe purchased the e-commerce platform Magento Commerce in a deal worth $1.6 billion. This significant move bolstered the firm’s capabilities in cloud business covering services like analytics, marketing and advertising. In the same year, Adobe acquired Marketo. In 2018, Adobe changed its name to Adobe Inc. from Adobe Systems Incorporated.

Adobe's net worth

In 2019, Adobe acquired Allegorithmi, a 3D texturing company. In 2020, Adobe completed the acquisition of Workfront, in a deal worth $1.5 billion. In 2021, Adobe added payment service to its e-commerce platform allowing the merchants to accept payments via PayPal and credit cards.

Adobe’s Business Segments

Adobe, Inc. exclusively specializes in providing media solutions and digital marketing services. Adobe’s offerings are grouped under three business segments including Digital Media, Digital Experience, and Publishing.

The Digital Media segment deals with creative cloud services, letting the members download and install the recent versions of the firm’s software like Adobe Photoshop, Adobe Photoshop Light room, Adobe Illustrator, Adobe InDesign, and Adobe Premiere Pro. The registered users also benefit from some other tools like Adobe Acrobat.

The Digital Experience division offers a suite of solutions like digital experience management, media optimization, analytics, social marketing, targeting, and cross-channel campaign management. This segment also offers premium quality video delivery and monetization services.

Adobe’s Publishing segment is concerned with some legacy products and solutions for eLearning solutions, high-end printing, web application development, and technical document publishing. 

Adobe products

As one of the largest software companies in the world, Adobe makes money by selling its software worldwide. Adobe’s software are highly depended on by creative professionals, applications developers, marketers, knowledge workers, general consumers and enterprises. 

Adobe’s products are useful in creating, optimizing, managing, measuring, and delivering compelling kind of content across, media, devices and personal computers. Adobe markets its products through direct sales to enterprises and other end users through their app stores and official website.

Adobe follows an innovative business model known as Software-as-a-Service. The other business models the firm uses are managed services model, pay-per-use model and term subscription model. 

Adobe also distributes its products and services through distributors’ net work, systems integrators, software vendors, software developers, value-added resellers, and equipment manufacturers.

Media Recognitions

Between 1995 and 2013, Fortune ranked the firm as an outstanding place to work. Adobe also bagged the 5th position among the US firms as the best place to work in 2003. Under this category, Adobe landed in the 6th position in 2004, 31st rank in 2007, 40th place in 2008, 11th rank in 2009, 42nd place in 2010, 65th position in 2011, 41st place in 2012, and 83rd rank in 2013.

Mediacorp Canada Inc. named Adobe Systems Canada Inc. among “Canada’s Top 100 Employers”. The firm was also featured in Maclean’s newsmagazine. Adobe got a five-star rating from the Electronic Frontier Foundation for its performance in handling government data requests in 2017. 

After ranking continuously for 21 years on Fortune’s List of Best 100 Companies, Adobe once again ranked on the list in 2021 in the 18th place. Adobe also secured the 64th place on Glasssdoor’s list of 100 Best Places to work in 2020. 

Adobe ranks in the 24th place among the LinkedIn’s Top 50 US companies to work. Adobe also captured the topmost slot on the list of Top Rated Workplaces by Indeed. This list only includes the companies that are members of the Fortune 500 Index that have bagged at least 100 reviews. 

On Forbes List

Quite frequently, Adobe has been figuring on the Forbes list under different categories. In 2021, Forbes listed Adobe in the 113th place among the World’s Top Female-Friendly Companies.

The other recognitions the company won on Forbes list in 2021 include 9th place among the World’s Best Employers and America’s Best Employers By State; 28th place among the Best Employers for Women; and 30th position among the Best Employers for New Grads.

Adobe ranked in the 297th position among the Global 2000 companies. It ranked in the 733th palce for sales, 104to position for profits, 1227the place for assets, and the 32nd position for market value.

For the year 2021, the other recognitions Adobe landed on are the 14th place among the Best Employers for Diversity, 27th position in the list of America’s Best Employers, and 10the place among the Just Companies.

In 2020, Forbes listed Adobe in the 61st place among the World’s Most Valuable Brands. In 2019, the firm was recognized in the 56th place among the Top 100 Digital Companies and in the 220th position among the Top Regarded Companies. In 2018, Forbes listed the firm in the 158th place among the Growth Champions, in the 13th position among the World’s Most Innovative Companies, and in the 184th rank among America’s Largest Public Companies

Also Read: