ADBE vs NOW
Adobe Inc. and ServiceNow, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ADBE | NOW |
|---|---|---|
| Revenue | $23.8B | $13.3B |
| Net income | $7.1B | $1.7B |
| Gross margin | 89.3% | 77.5% |
| Net margin | 30.0% | 13.2% |
| Return on equity | 55.4% | 15.5% |
| Diluted EPS | $16.70 | $1.67 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $9.9B | $4.6B |
| Equity | $11.6B | $13.0B |
| Net debt / equity | 0.07× | · |
| Current ratio | 1.00× | 1.00× |
| Revenue CAGR 5y | 13.1% | 24.1% |
| Profit CAGR 5y | 6.3% | 71.2% |
ADBE bills 1.8× the revenue of NOW, and keeps more of each dollar of revenue as profit (30.0% against 13.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ADBE | NOW |
|---|---|---|
| FY2025 | $23.8B | $13.3B |
| FY2024 | $21.5B | $11.0B |
| FY2023 | $19.4B | $9.0B |
| FY2022 | $17.6B | $7.2B |
| FY2021 | $15.8B | $5.9B |
| FY2020 | $12.9B | $4.5B |
| FY2019 | $11.2B | $3.5B |
| FY2018 | $9.0B | $2.6B |
| FY2017 | $7.3B | $1.9B |
| FY2016 | $5.9B | $1.4B |
Bottom line
| Fiscal year | ADBE | NOW |
|---|---|---|
| FY2025 | $7.1B | $1.7B |
| FY2024 | $5.6B | $1.4B |
| FY2023 | $5.4B | $1.7B |
| FY2022 | $4.8B | $325.0M |
| FY2021 | $4.8B | $230.0M |
| FY2020 | $5.3B | $119.0M |
| FY2019 | $3.0B | $626.7M |
| FY2018 | $2.6B | $-26.7M |
| FY2017 | $1.7B | $-116.8M |
| FY2016 | $1.2B | $-414.2M |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$10,491,000,000 | ADBE |
| FY2024 | +$10,521,000,000 | ADBE |
| FY2023 | +$10,438,000,000 | ADBE |
| FY2022 | +$10,361,000,000 | ADBE |
| FY2021 | +$9,889,000,000 | ADBE |
| FY2020 | +$8,349,000,000 | ADBE |
| FY2019 | +$7,711,000,000 | ADBE |
| FY2018 | +$6,421,184,000 | ADBE |
| FY2017 | +$5,383,011,000 | ADBE |
| FY2016 | +$4,463,445,000 | ADBE |
| FY2015 | +$3,790,031,000 | ADBE |
| FY2014 | +$3,464,502,000 | ADBE |
| FY2013 | +$3,630,590,000 | ADBE |
| FY2012 | +$4,159,965,000 | ADBE |
| FY2010 | +$3,707,359,000 | ADBE |
| FY2009 | +$2,902,524,000 | ADBE |
ADBE has reported the higher revenue in every one of these 16 fiscal years. The gap has widened since the earliest year compared.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +16.8 pp | ADBE |
| FY2024 | +12.9 pp | ADBE |
| FY2023 | +8.7 pp | ADBE |
| FY2022 | +22.5 pp | ADBE |
| FY2021 | +26.6 pp | ADBE |
| FY2020 | +38.2 pp | ADBE |
| FY2019 | +8.3 pp | ADBE |
| FY2018 | +29.7 pp | ADBE |
| FY2017 | +29.3 pp | ADBE |
| FY2016 | +49.7 pp | ADBE |
| FY2015 | +32.9 pp | ADBE |
| FY2014 | +32.8 pp | ADBE |
| FY2013 | +24.5 pp | ADBE |
| FY2012 | +34.2 pp | ADBE |
| FY2010 | +9.8 pp | ADBE |
| FY2009 | +81.7 pp | ADBE |
ADBE has kept the higher net margin in every one of these 16 fiscal years.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NOW's net margin has been more volatile than ADBE's over the 16 comparable fiscal years — 22.1 percentage points of standard deviation against 8.9.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
ADBE led in net margin in every one of the 16 comparable fiscal years — a structural lead, not a recent swing.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NOW's return on equity has been more volatile than ADBE's over the 14 comparable fiscal years — 29.7 percentage points of standard deviation against 14.8.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ADBE and NOW over these 14 fiscal years — ADBE led in 13 and NOW in 1.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.