ADOBE INC. (ADBE) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: March 25, 2026

Risk Assessment Details

Potential Dilution: 11.22% of current shares
Recent Dilution: 1.16% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
410M
Potential Supply
46M
Additional shares possible
Splits
None
Past 2 years

Summary

ADBE currently has 410M outstanding shares. with limited dilution risk as only 46M additional shares (11.2%) are authorized for issuance. The company has minimally diluted shareholders by 1.16% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 25, 2026

10-Q filing | 410.0M shares outstanding

410M 46M
Jan 15, 2026

10-K filing | 426.0M shares outstanding

430M 30M
Sep 24, 2025

10-Q filing | 423.0M shares outstanding

420M 33M
Jun 25, 2025

10-Q filing | 428.0M shares outstanding

430M 28M
Mar 26, 2025

10-Q filing | 436.0M shares outstanding

440M 20M
Jan 13, 2025

10-K filing | 447.0M shares outstanding

450M 9M
Sep 25, 2024

10-Q filing | 445.0M shares outstanding

450M 11M
Jun 26, 2024

10-Q filing | 449.0M shares outstanding

450M 7M
Mar 27, 2024

10-Q filing | 453.0M shares outstanding

450M 3M
Jan 17, 2024

10-K filing | 457.0M shares outstanding

460M 0
Dec 22, 2023

RW filing: The company has withdrawn the registration statement related to the proposed issuance of common stock in connection with the merger agreement.

460M 0
Sep 27, 2023

10-Q filing | 456.0M shares outstanding

460M 0
Jun 28, 2023

10-Q filing | 458.0M shares outstanding

460M 0
Mar 29, 2023

10-Q filing | 459.0M shares outstanding

460M 0
Jan 17, 2023

10-K filing | 470.0M shares outstanding

470M 0
Sep 28, 2022

10-Q filing | 469.0M shares outstanding

470M 0
Jun 29, 2022

10-Q filing | 472.0M shares outstanding

470M 0
Mar 30, 2022

10-Q filing | 473.0M shares outstanding

470M 0
Mar 17, 2022

8-K filing: Tutanota LLC launched an unsolicited mini-tender offer to purchase up to 100,000 shares of Adobe Inc.'s common stock at $500.00 per share, representing less than 0.01% of the company's outstanding shares as of March 4, 2022; Adobe does not endorse the offer. ($50.0M proceeds)

480M 0
Jan 21, 2022

10-K filing | 477.0M shares outstanding

480M 0
Sep 29, 2021

10-Q filing | 477.0M shares outstanding

480M 0
Jun 30, 2021

10-Q filing | 478.0M shares outstanding

480M 0
May 28, 2021

8-K filing: Tutanota LLC made an unsolicited mini-tender offer to purchase up to one million shares of Adobe Inc.'s common stock at $565.00 per share, representing approximately 0.209% of the Company's common stock outstanding as of March 26, 2021. ($565.0M proceeds)

480M 0
Mar 31, 2021

10-Q filing | 479.0M shares outstanding

480M 0
Jan 15, 2021

10-K filing | 481.0M shares outstanding

480M 0
Sep 23, 2020

10-Q filing | 480.0M shares outstanding

480M 0
Jun 24, 2020

10-Q filing | 481.0M shares outstanding

480M 0
Mar 25, 2020

10-Q filing | 482.0M shares outstanding

480M 0
Jan 21, 2020

10-K filing | 486.3M shares outstanding

490M 0
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