Adobe
Compensation Insight

How Adobe Pays

Adobe's P10 to P60 individual contributor ladder, EM2 to EM5 management ladder and VP through CEO title tiers, priced across 30 markets alongside RSUs, 0 to 200 percent performance shares and a 15 percent discounted ESPP, a $51.17M CEO package at 217:1, and 1,158 FY2025 H-1B filings.

31,360 employees · Nasdaq: ADBE · Adobe Inc. · Founded 1982 · San Jose, California · FY ends 28 November
Employees
31,360
Headcount at 28 November 2025, split roughly 50 percent United States and 50 percent international.
FY2025 attrition
9.9%
Up from 7.8 percent in FY2024 and 7.4 percent in FY2023.
FY2025 revenue
$23.77B
Adobe reported $23.769 billion for FY2025 and $6.62 billion in the second quarter of FY2026.
Stock-based compensation
$1.94B
FY2025 expense of $1.942 billion, up from $1.833 billion in FY2024 and $1.718 billion in FY2023.
CEO total pay
$51.17M
Shantanu Narayen's FY2025 Summary Compensation Table total, of which $45.38 million was stock awards.
CEO pay ratio
217:1
Measured against a median employee total of $235,989 identified for FY2025.
Median employee pay
$235,989
The proxy median includes international employees and target equity converted to US dollars.
H-1B average base
$190,913
Average proffered base across 1,158 certified FY2025 labour condition applications; the FY2025 petition approval rate was 97.4 percent.
Locations
United States
Canada
India
United Kingdom
Ireland
Germany
Netherlands
Romania
Switzerland
Australia
New Zealand
Singapore
Japan
1.00× base / 1.00× TC vs San Jose

Band Hierarchy

Adobe does not publish a global grade catalogue. The P10 to P60 individual contributor ladder and the EM2 to EM5 management ladder are reconstructed from public job postings and employee salary submissions; only the VP, SVP, EVP, CEO and board tiers are corporate titles that Adobe itself discloses.

Individual contributor ladder — Intern through P60

P60
Principal / Distinguished ICIC · variable 20% · reported
Principal scientist, distinguished engineer, senior technical fellow equivalent
5.5
Principal ICIC · variable 15% · reported
Principal computer scientist, Applied Scientist 5.5, principal architect
P50
Lead / Staff ICIC · variable 12% · reported
Lead engineer, staff scientist, solution architect
P40
Software Engineer 4 / Senior ICIC · variable 10% · reported
Senior Computer Scientist, senior engineer, senior applied scientist
P30
Software Engineer 3 / Experienced ICIC · variable 8% · reported
Computer Scientist 2, product engineer, machine-learning engineer
P20
Software Engineer 2 / Developing ICIC · variable 6% · reported
Software engineer, Computer Scientist 1, analyst
P10
Software Engineer 1 / Entry ICIC · variable 6% · reported
Associate engineer, junior developer, entry product or data role
Intern
Intern / University GraduateIC · reported
Software engineering intern, research intern, new-graduate rotation

Management ladder — EM2 through Director

Dir
Director / Senior DirectorLeadership · variable 30% · reported
Functional director, engineering director, business-unit leader
EM5
Senior Group ManagerManagement · variable 25% · modeled
Large organisation leader, director feeder role
EM4
Group Engineering ManagerManagement · variable 20% · modeled
Multi-team leader, senior product or design leader
EM3
Senior Engineering ManagerManagement · variable 18% · modeled
Manager of a team or of multiple pods
EM2
Engineering ManagerManagement · variable 15% · modeled
First-line manager, product manager, design manager

Executive and board — VP through Board

Board
Independent DirectorBoard · verified
Board and committee service
CEO
Chair and Chief Executive OfficerExecutive · variable 200% · verified
Enterprise chief executive and board chair
EVP
Executive Vice President / PresidentExecutive · variable 112.5% · verified
Business president, Chief Financial Officer, Chief Legal Officer, Chief People Officer
SVP
Senior Vice PresidentExecutive · variable 75% · modeled
Enterprise function leader or deputy to a business president
VP
Vice PresidentLeadership · variable 40% · modeled
Global function leader or major product-area leader

Disclosed executive layer

Chair and Chief Executive Officer
Shantanu Narayen
Disclosed in the proxy statement, including salary, incentive, equity and pay ratio.
Business presidents
David Wadhwani and Anil Chakravarthy
Named executive officers with full Summary Compensation Table disclosure. Adobe renamed the segments during 2026, so Form 4 filings may show Creativity and Productivity or Customer Experience Orchestration.
Executive Vice Presidents
Louise Pentland as Chief Legal Officer, Gloria Chen as Chief People Officer, Lara Balazs as Chief Marketing Officer
Only officers who qualify as named executives appear in the compensation tables; the rest are visible through Section 16 filings alone.
Senior Vice Presidents
Steven Day, interim Chief Financial Officer from June 2026
No compensation table exists for this layer; Forms 4 disclose share movements only.
VerifiedOnly the VP, SVP, EVP, CEO and independent director rows carry a company disclosure. Everything below is reconstructed from public sources.

Track divergence

P10 to P30
Everyone sits on the individual contributor path. Cash dominates: at P10 the observed package is about 79 percent base, 15 percent annualized stock and 6 percent bonus.
P40 and EM2
The management path opens around the senior individual contributor zone. An EM2 and a P40 sit within about 4 percent of each other on total compensation, so the choice is scope rather than money.
P50 to P60 and EM3 to EM5
Equity becomes the swing factor. Annualized stock grows from roughly 20 percent of the P50 package to 29 percent at P60, while manager bonus targets climb from 18 to 25 percent of base.
Director and above
Both ladders converge on the leadership tier. Performance shares, which are described as a key employee and executive programme, generally begin at VP and above; restricted stock units remain the award type below VP.

Hierarchy qualifications and legacy structures

  • Adobe job postings and salary datasets expose titles such as Computer Scientist, Senior Computer Scientist and Principal Scientist alongside the P10 to P60 numbering, but Adobe has never published a single global grade chart.
  • The crosswalk is most reliable for software and technical roles and progressively less precise for sales, marketing, design and corporate functions, where Adobe can place equivalent scope differently.
  • Assumed awards from the Magento and Semrush acquisitions do not establish a separate current workforce hierarchy. They preserve legacy awards for their holders only.
  • VP, SVP, EVP and CEO are corporate titles rather than a hidden grade number, so this report treats them as title tiers rather than claiming a numeric band.
  • The independent director row is a governance package, not an employment band, and is excluded from the range chart.

Peer-level mapping

BandArchetypePeer mappingCaveat
InternIntern / University GraduateGoogle STEP and SWE intern, Microsoft Explore and internInternship pay is quoted monthly in most postings and annualized here.
P10Software Engineer 1 / Entry ICGoogle L3, Microsoft 59–61, Salesforce Associate MTSScope-based orientation only; Adobe publishes no peer-level crosswalk.
P20Software Engineer 2 / Developing ICGoogle L4, Microsoft 62–63, Salesforce MTSScope-based orientation only; Adobe publishes no peer-level crosswalk.
P30Software Engineer 3 / Experienced ICGoogle L4 to L5, Microsoft 63–64, Salesforce Senior MTSScope-based orientation only; Adobe publishes no peer-level crosswalk.
P40Software Engineer 4 / Senior ICGoogle L5, Microsoft 64–65, Salesforce Lead or Senior MTSThe public P40 sample is sparse and can read below P30; this row is smoothed for monotonic comparison.
P50Lead / Staff ICGoogle L5 to L6, Microsoft 65–66, Salesforce Staff or PrincipalScope-based orientation only; Adobe publishes no peer-level crosswalk.
5.5Principal ICGoogle L6, Microsoft 66–67, Salesforce PrincipalThe label 5.5 comes from public salary submissions and is not confirmed Adobe nomenclature.
P60Principal / Distinguished ICGoogle L7 and above, Microsoft 67+, Salesforce Distinguished or ArchitectScope-based orientation only; Adobe publishes no peer-level crosswalk.
EM2Engineering ManagerGoogle Manager I, Microsoft 64–65 managerManagement levels are an analytical crosswalk, not an Adobe grade chart.
EM3Senior Engineering ManagerGoogle Manager II, Microsoft 65–66 managerManagement levels are an analytical crosswalk, not an Adobe grade chart.
EM4Group Engineering ManagerGoogle Manager III, Microsoft 66–67 managerManagement levels are an analytical crosswalk, not an Adobe grade chart.
EM5Senior Group ManagerGoogle Senior Manager, Microsoft 67 managerManagement levels are an analytical crosswalk, not an Adobe grade chart.
DirDirector / Senior DirectorGoogle Director, Microsoft Partner or Director, Salesforce DirectorTotal compensation is a Levels.fyi director benchmark; the base, bonus and equity split is modeled.
VPVice PresidentGoogle VP, Microsoft CVP, Salesforce SVPAdobe discloses no VP compensation table; this row bridges director observations and named-executive pay.
SVPSenior Vice PresidentGoogle SVP, Microsoft EVP tier deputyModeled from the gap between director benchmarks and disclosed named-executive pay; no Adobe SVP range is public.
EVPExecutive Vice President / PresidentMicrosoft and Salesforce named executive officersAverages of the four non-CEO FY2025 named executive officers; not a range for every EVP-titled employee.
CEOChair and Chief Executive OfficerMicrosoft, Salesforce, Intuit and Autodesk chief executivesFY2025 Summary Compensation Table value; grant-date accounting value is not realized pay.
BoardIndependent DirectorLarge-cap United States technology boardsCash retainers plus the annual director restricted stock unit target; the employee chair receives no director pay.

Critical evidence warning

Adobe does not publish salary ranges, band minimums or midpoints for ordinary employees, and its Check-in framework deliberately has no annual rating grid. Every non-executive figure here is a third-party observation or a calibrated model around one, and should be used for orientation rather than as a quote of an Adobe pay band.


Compensation by Band — San Jose

Low / median / high annual values at 1.00× base and 1.00× total-compensation factors versus San Jose. Total equals base plus bonus plus annualized equity.

BandTitleBaseVariableTotal TCEquity
Intern
Intern / University Graduate
0–1 years · reported
$81K$109K
$110K
$94K$127K
$5K
P10
Software Engineer 1 / Entry IC
0–2 years · reported
$109K$147K6%
$162K
$138K$186K
$24K
P20
Software Engineer 2 / Developing IC
2–4 years · reported
$127K$171K6%
$193K
$164K$222K
$35K
P30
Software Engineer 3 / Experienced IC
4–7 years · reported
$169K$229K8%
$304K
$258K$350K
$93K
P40
Software Engineer 4 / Senior IC
7–10 years · reported
$183K$247K10%
$335K
$285K$385K
$90K
P50
Lead / Staff IC
9–13 years · reported
$211K$285K12%
$358K
$304K$412K
$71K
5.5
Principal IC
12–17 years · reported
$238K$322K15%
$447K
$380K$514K
$120K
P60
Principal / Distinguished IC
15+ years · reported
$272K$368K20%
$580K
$493K$667K
$166K
EM2
Engineering Manager
7–11 years · modeled
$179K$242K15%
$331K
$281K$381K
$90K
EM3
Senior Engineering Manager
9–13 years · modeled
$196K$265K18%
$365K
$310K$420K
$94K
EM4
Group Engineering Manager
11–15 years · modeled
$217K$293K20%
$415K
$353K$477K
$109K
EM5
Senior Group Manager
13–18 years · modeled
$242K$328K25%
$480K
$408K$552K
$124K
Dir
Director / Senior Director
15–22 years · reported
$272K$368K30%
$581K
$494K$668K
$165K
VP
Vice President
18–25 years · modeled
$357K$483K40%
$1.50M
$1.27M$1.73M
$912K
SVP
Senior Vice President
20–28 years · modeled
$510K$690K75%
$4.00M
$3.40M$4.60M
$2.95M
EVP
Executive Vice President / President
22+ years · verified
$617K$835K112.5%
$16.87M
$14.34M$19.40M
$14.69M
CEO
Chair and Chief Executive Officer
25+ years · verified
$1.27M$1.73M200%
$51.17M
$43.50M$58.85M
$45.38M
Board
Independent Director
Senior executive or board background · verified
$60K$81K
$400K
$340K$460K
$330K
Official office directory · 16 reported band cellsReportedModeledVerifiedBase and total use a plus or minus 15 percent planning envelope around the median; equity uses plus or minus 25 percent.

Total Compensation Range by Band

Total compensation in San Jose across the employee bands. Proxy-disclosed executive cohorts are excluded so the employee bands stay readable.

Intern$94K$127KP10$138K$186KP20$164K$222KP30$258K$350KP40$285K$385KP50$304K$412K5.5$380K$514KP60$493K$667KEM2$281K$381KEM3$310K$420KEM4$353K$477KEM5$408K$552KDir$494K$668KVP$1.27M$1.73M$0$250K$500K$750K$1.00M$1.25M$1.50M$1.75M

Global Footprint & Pay Arbitrage

Adobe reported 31,360 employees at the FY2025 close, split roughly evenly between the United States and the rest of the world. San Jose is the pay anchor; Bangalore and Noida are the two largest disclosed non-US properties by floor area, and every other market is calibrated against the San Jose median.

31,360
Employees at 28 November 2025
50 / 50
United States and international workforce split
30
Markets modelled in this report
9.9%
FY2025 attrition, up from 7.8% in FY2024

Office and market catalogue — calibration factors versus San Jose

LocationLikely office profilePresenceBaseTC
San Jose
United States · USD
Headquarters, product, engineering, corporate and executive centreOfficial office directory1.00×1.00×
San Francisco
United States · USD
Product, engineering, design and go-to-marketOfficial office directory1.04×1.04×
Seattle
United States · USD
Engineering and cloud product operationsOfficial office directory0.90×0.90×
New York
United States · USD
Enterprise sales, marketing, product and corporateOfficial office directory0.96×0.96×
Waltham
United States · USD
Massachusetts engineering and researchOfficial office directory0.88×0.88×
McLean
United States · USD
Public-sector and enterprise customer hubOfficial office directory0.88×0.88×
Chicago
United States · USD
Sales, marketing and customer successOfficial office directory0.82×0.82×
Austin
United States · USD
Engineering and go-to-marketOfficial office directory0.84×0.84×
Atlanta
United States · USD
Sales, customer success and engineeringOfficial office directory0.78×0.78×
Lehi
United States · USD
Digital Experience and customer operationsOfficial office directory0.75×0.75×
Toronto
Canada · CAD
Engineering, sales and customer functionsOfficial office directory0.60×0.60×
Bangalore
India · INR
Major engineering, research and shared-services centreOfficial office directory0.24×0.25×
Noida
India · INR
Delhi NCR engineering and product centreOfficial office directory0.23×0.24×
Gurugram
India · INR
Sales, marketing and customer functionsOfficial office directory0.23×0.24×
Hyderabad
India · INR
Engineering at the Nanakramguda campusOfficial office directory0.22×0.23×
Mumbai
India · INR
Client-facing, media and market rolesOfficial office directory0.25×0.26×
London
United Kingdom · GBP
EMEA sales, product, consulting and corporate hubOfficial office directory0.60×0.60×
Edinburgh
United Kingdom · GBP
Engineering and productOfficial office directory0.52×0.52×
Dublin
Ireland · EUR
EMEA sales, operations and corporate functionsOfficial office directory0.58×0.58×
Munich
Germany · EUR
Sales, customer experience and regional functionsOfficial office directory0.70×0.70×
Hamburg
Germany · EUR
Sales, customer experience and regional functionsOfficial office directory0.66×0.66×
Berlin
Germany · EUR
Product, design and go-to-marketOfficial office directory0.64×0.64×
Amsterdam
Netherlands · EUR
Benelux sales and regional operationsOfficial office directory0.66×0.66×
Bucharest
Romania · RON
Engineering and product developmentOfficial office directory0.24×0.24×
Basel
Switzerland · CHF
Regional customer and corporate functionsOfficial office directory0.92×0.92×
Sydney
Australia · AUD
ANZ sales, customer success, consulting and regional functionsOfficial office directory0.60×0.60×
Melbourne
Australia · AUD
Sales, customer success and consultingOfficial office directory0.57×0.57×
Auckland
New Zealand · NZD
New Zealand sales and customer functionsOfficial office directory0.48×0.48×
Singapore
Singapore · SGD
Southeast Asia regional and go-to-market hubOfficial office directory0.62×0.62×
Tokyo
Japan · JPY
Japan sales, product and customer successOfficial office directory0.64×0.64×

Adobe does not publish city-level headcount, so this catalogue does not rank offices by employee count. Bangalore and Noida are identified as the two largest non-US properties by disclosed floor area.

San Jose anchor medians — the basis of every modeled cell

BandBaseStockBonusTotal
Intern$95K$5K$10K$110K
P10$128K$24K$10K$162K
P20$149K$35K$9K$193K
P30$199K$93K$12K$304K
P40$215K$90K$30K$335K
P50$248K$71K$40K$358K
5.5$280K$120K$47K$447K
P60$320K$166K$94K$580K
Dir$320K$165K$96K$581K
EVP$726K$14.69M$1.36M$16.87M
CEO$1.50M$45.38M$3.12M$51.17M
Board$70K$330K$0$400K
  • The San Jose column is the anchor. P10 through P60 medians come from Levels.fyi United States software-engineering records; the management rows are calibrated to the same dataset's manager and director families.
  • The P40 public sample is sparse enough that it can read below P30. The anchor smooths P40 for monotonic comparison rather than treating a sampling artefact as an Adobe policy.
  • Bangalore P30 is a direct observation at 3.62 million rupees base, 1.59 million rupees annualized stock and 0.49 million rupees bonus for a 5.69 million rupee package.
  • India total compensation runs at roughly 16 percent of the United States anchor at P10 and rises towards 44 percent at P60, because senior Indian packages carry a much larger equity component.
  • EVP and CEO rows are proxy disclosures converted for comparison only. They are global executive values, not a local pay range in any selected city.

Model rules

  • Every modeled cell is the San Jose median multiplied by the city base or total factor and then by the 25 August 2026 foreign-exchange snapshot.
  • Factors come from the bundles' own city calibrations, which anchor on direct observations in San Francisco, Seattle, Lehi, New York, Austin, Bangalore, Noida, London, Munich, Toronto and Bucharest.
  • India carries a separate base and total factor because base pay compresses less than total compensation against the United States anchor.
  • A total compensation cell is base plus target bonus plus annualized equity. Sign-on payments, relocation and one-time retention awards are excluded.
  • Where no direct city observation exists, the cell is marked modeled and should be treated as a planning envelope rather than a benchmark.

Variable Pay & Annual Cash Incentive

Adobe publishes an executive annual incentive plan in detail and publishes nothing about the employee bonus grid. Named executive targets, gates and payout factors below are company disclosures; the band targets are modeled from observed bonus components in public salary submissions.

BandTargetMechanismRecent payout
P10
Software Engineer 1 / Entry IC
6% of baseAnnual cash incentive on company and individual outcomes.Not publicly disclosed
P20
Software Engineer 2 / Developing IC
6% of baseAnnual cash incentive on company and individual outcomes.Not publicly disclosed
P30
Software Engineer 3 / Experienced IC
8% of baseAnnual cash incentive on company and individual outcomes.Not publicly disclosed
P40
Software Engineer 4 / Senior IC
10% of baseAnnual cash incentive on company and individual outcomes.Not publicly disclosed
P50
Lead / Staff IC
12% of baseAnnual cash incentive on company and individual outcomes.Not publicly disclosed
5.5
Principal IC
15% of baseAnnual cash incentive on company and individual outcomes.Not publicly disclosed
P60
Principal / Distinguished IC
20% of baseAnnual cash incentive on company and individual outcomes.Not publicly disclosed
EM2
Engineering Manager
15% of baseAnnual cash incentive with a team delivery component.Not publicly disclosed
EM3
Senior Engineering Manager
18% of baseAnnual cash incentive with a team delivery component.Not publicly disclosed
EM4
Group Engineering Manager
20% of baseAnnual cash incentive with an organisation delivery component.Not publicly disclosed
EM5
Senior Group Manager
25% of baseAnnual cash incentive with an organisation delivery component.Not publicly disclosed
Dir
Director / Senior Director
30% of baseAnnual cash incentive weighted towards business-unit results.Not publicly disclosed
VP
Vice President
40% of baseExecutive-style plan on company performance and committee-certified outcomes.Not publicly disclosed
SVP
Senior Vice President
75% of baseExecutive-style plan on company performance and committee-certified outcomes.Not publicly disclosed
EVP
Executive Vice President / President
100% to 125% of baseExecutive Annual Incentive Plan; corporate financial result plus a strategic adjustment.104% of target for FY2025
CEO
Chair and Chief Executive Officer
200% of baseExecutive Annual Incentive Plan; corporate financial result plus a strategic adjustment.104% of target for FY2025
ModeledVerifiedNo FY2026 executive bonus funds unless Adobe reaches at least 95 percent of both its revenue target and its earnings-per-share target. Above those gates the financial result runs from 0 to 130 percent, and the committee may apply a strategic adjustment of up to plus or minus 25 percentage points, giving a total corporate range of 0 to 155 percent. The standard earn date is 31 January 2027 and continued-employment rules apply.

Executive incentive targets — percent of salary

Chair and Chief Executive Officer
200% of base salary
The FY2026 maximum is 310 percent of base, which is 155 percent of target.
Executive Vice President and Chief Financial Officer
100% of base salary
The FY2026 maximum is 155 percent of base.
President, Digital Media
125% of base salary
The FY2026 maximum is 193.75 percent of base.
President, Digital Experience
125% of base salary
The FY2026 maximum is 193.75 percent of base.
Executive Vice President and Chief Legal Officer
100% of base salary
Prorated on a FY2025 weighted base of $399,725 after a mid-year start.

Named-executive outcomes

ExecutiveTargetPaidAttainment
Shantanu Narayen$3,000,000$3,120,000104% of target
Daniel Durn$900,000$936,000104% of target
Anil Chakravarthy$1,000,000$1,040,000104% of target
David Wadhwani$1,000,000$1,040,000104% of target
Louise Pentland$399,725$415,714104% of target

Employee payout timing and history

Adobe publishes no bonus-target grid by level and no employee-wide payout history. The FY2025 result of 104 percent of target applies to the executive plan only and should not be read as a companywide multiplier. The band targets shown here are modeled from bonus components observed in public salary submissions.

Sales and special incentives

Adobe does not disclose quota structures, commission rates, accelerators or draw arrangements for its sales organisation. Sales roles in the model carry the same modeled targets as their level peers, which will understate on-target earnings for quota-carrying sellers.


Equity — RSUs, PSUs, Options & ESPP

Adobe is a United States issuer, so employee equity means restricted stock units, performance shares and employee stock purchase plan purchases rather than an Indian-style employee stock ownership plan. The 2019 Equity Incentive Plan permits options, but the FY2025 proxy records no option grants and the current executive programme is entirely restricted stock unit and performance share based.

2019 Equity Incentive Plan, as amended
Active; stockholders approved 12 million additional shares on 15 April 2026
Verified
Permits restricted stock units, performance shares, options, stock appreciation rights and other awards. Employee restricted stock units generally vest over four years and the individual award agreement controls. Named executive restricted stock units granted in FY2025 vest 6.25 percent quarterly over four years.
Reserve: 76.0 million reserved and 32.8 million available at 28 November 2025, rising to a maximum reserve of 88.0 million after the April 2026 amendment
FY2025 Form 10-K, 2026 proxy statement and the April 2026 annual meeting Form 8-K
Performance Share Program
Annual programme; the 2026 cycle was approved on 26 January 2026
Verified
Three-year performance period weighted 50 percent relative total shareholder return against the Nasdaq-100 and 50 percent annual net-new-sales results, settling at 0 to 200 percent of target. No shares are earned on the relative return half below the 25th percentile, and that half caps at 100 percent if Adobe's absolute return is negative. Earned shares vest in a single instalment no earlier than 24 January 2029.
Reserve: Granted from the 2019 Plan reserve rather than a separate pool
2026 proxy statement and the January 2026 executive compensation Form 8-K
2020 Employee Stock Purchase Plan
Active
Verified
A 24-month offering period containing four six-month purchase periods. Shares are bought at 85 percent of the lower of the price at the start of the offering and the price on the purchase date, with a reset feature. Participation is by payroll deduction and subject to local availability.
Reserve: 103.0 million shares reserved with about 7.4 million available at the FY2025 close, a simple utilisation of 92.8 percent
FY2025 Form 10-K and 2026 proxy statement
Deferred Compensation Plan
Active
Verified
Eligible employees, named executives and directors may defer cash compensation, and directors may defer restricted stock units. Balances track notional investment elections.
Reserve: $342 million invested against a $354 million obligation at the FY2025 close
FY2025 Form 10-K and 2026 proxy statement
Semrush 2021 Stock Option and Incentive Plan
Assumed on acquisition and registered on Form S-8 on 28 April 2026
Verified
Continues awards assumed in the Semrush acquisition. There is no evidence of broad new Adobe grants from this plan.
Reserve: Filing-specific share registration rather than a general pool disclosure
Form S-8 filed 28 April 2026
Magento legacy equity plan
Closed to new grants
Verified
Adobe assumed outstanding awards but not the reserve. 6,927 options remained outstanding at a weighted-average exercise price of $73.78 at the FY2025 close.
Reserve: Residual only; no new awards may be granted
2026 proxy statement
  • Simple 2019 Plan utilisation was 56.8 percent at 28 November 2025, calculated as 76.0 million reserved less 32.8 million available. That is a capacity measure and not outstanding dilution.
  • Unrecognised stock compensation was about $3.24 billion with a weighted-average recognition period of 2.19 years.
  • Because grants and forfeitures continued after the FY2025 close, the precise ungranted balance following the April 2026 amendment is not publicly disclosed.
  • A separate $25 billion repurchase authorisation running to April 2030 can offset dilution at company level, but it does nothing for an individual employee whose value still depends on vesting and share price.

Equity plan capacity and grant activity

$1.94B
FY2025 stock-based compensation
Up from $1.833 billion in FY2024 and $1.718 billion in FY2023.
5.2M
Restricted stock units awarded in FY2025
7.9 million units were outstanding at the FY2025 close; the split by band is not disclosed.
0.6M
Performance shares outstanding at FY2025
A small population relative to restricted stock units, consistent with a VP and above programme.
83%
2023 Performance Share Program payout
The relative shareholder return component paid 45 percent while the annual net-new-sales components paid 133, 132 and 99 percent.

Vesting — common reported employee schedule

Year 1
25%
+25% · annual tranche
Year 2
50%
+25% · annual tranche
Year 3
75%
+25% · annual tranche
Year 4
100%
+25% · annual tranche

Employee restricted stock units generally vest over four years, and public employee reports commonly show 25 percent at the first anniversary followed by a quarterly cadence. Named executive awards granted in FY2025 vest 6.25 percent quarterly from the outset. Performance shares are a single three-year cliff on certification, and independent director awards vest in full at the next annual meeting.

Eligibility by hierarchy level

  • Restricted stock units are the award type below VP. Performance shares are described as a key employee and executive programme and are generally a VP and above instrument, so reading performance shares as the start of all equity is wrong.
  • Public packages show annualized stock at P10 in both the United States and India, but Adobe publishes no minimum eligible band, no standard grant table and no guarantee that every employee receives a grant.
  • Grant timing is the one part of employee equity with real visibility: annual non-executive awards use a fixed January grant date, and new-hire and promotion grants use specified monthly dates.
  • Annualized value ranges observed in public submissions run roughly $15,000 to $36,000 at P10, $56,000 to $139,000 at P30, $100,000 to $249,000 at P60, $132,000 to $330,000 at director and $420,000 to $1.05 million at VP.

Indicative annual grant value by band — San Jose

BandAnnual value (USD)MedianShares at $271.23
Intern$4K$6K$5K~1423
P10$18K$30K$24K~67112
P20$26K$43K$35K~96159
P30$70K$116K$93K~257428
P40$68K$113K$90K~249415
P50$53K$88K$71K~195325
5.5$90K$150K$120K~332553
P60$125K$208K$166K~460766
EM2$67K$112K$90K~247412
EM3$70K$117K$94K~259431
EM4$82K$136K$109K~301502
EM5$93K$155K$124K~342570
Dir$124K$206K$165K~456760
VP$684K$1.14M$912K~2,5224,203
SVP$2.21M$3.69M$2.95M~8,15713,595
EVP$11.02M$18.37M$14.69M~40,63367,722
CEO$34.03M$56.72M$45.38M~125,473209,122
Board$248K$413K$330K~9131,521

Annualized planning value (±25%), not the face value of every new-hire grant. Share equivalents use the $271.23 reference price at 25 August 2026 close and ignore plan valuation rules and PSU performance. Highlighted rows are disclosed grant-date stock awards.

Named executive target equity

ExecutiveTargetUnits / structure
Shantanu Narayen
Chair and Chief Executive Officer
$45.5M FY2025 target equity70 percent performance shares and 30 percent restricted stock units; 73,837 target performance shares against a 147,674 maximum, plus 31,645 restricted stock units. The 2026 grant was 106,672 target shares against a 213,344 maximum.
Daniel Durn
Executive Vice President and Chief Financial Officer in FY2025
$14.5M FY2025 target equity50 percent performance shares and 50 percent restricted stock units; 16,808 target performance shares and 16,808 restricted stock units. The 2026 grant was 27,631 target shares, made while he was still serving as Chief Financial Officer.
Anil Chakravarthy
President, Digital Experience
$16.0M FY2025 target equity70 percent performance shares and 30 percent restricted stock units; 25,965 target performance shares and 11,128 restricted stock units. The 2026 grant was 42,200 target shares.
David Wadhwani
President, Digital Media
$16.0M FY2025 target equity70 percent performance shares and 30 percent restricted stock units; 25,965 target performance shares and 11,128 restricted stock units. The 2026 grant was 42,200 target shares.
Louise Pentland
Executive Vice President and Chief Legal Officer
$12.5M FY2025 new-hire equityA 31,197 unit new-hire restricted stock unit award with no FY2025 performance shares; the FY2026 mix moves to 50 percent performance shares and 50 percent restricted stock units.
VerifiedThe employee stock purchase plan is the most valuable predictable benefit in the package for employees who can fund it. A 24-month offering with four six-month purchases at 85 percent of the lower of the offering-start and purchase-date price, plus a reset feature, means a rising share price compounds the discount rather than eroding it. Availability depends on local plan rules.

Executive Compensation

FY2025 Summary Compensation Table values from the 2026 proxy statement. These are grant-date accounting values for equity, not cash realized, and the two diverge sharply for a package that is 97 percent at risk.

CEO total — Shantanu Narayen
$51.17M
Stock awards are 88.7% of the reported total; salary 3% and non-equity incentive 6%
89%
Salary $1.50M
Incentive $3.12M
Equity $45.38M
Base salary$1,500,000
Executive Annual Incentive Plan payout$3,120,000
Stock awards at grant-date value$45,376,110
All other compensation$1,177,825
Reported total$51,173,935

Reading the package

Salary was about 2.9 percent of the chief executive's FY2025 reported total while stock awards were about 88.7 percent. Adobe describes the target package as roughly 97 percent at risk and 70 percent performance based, which means the economics turn on performance share outcomes and the share price rather than on annual salary.

CEO-to-median-employee ratio
217:1
Median employee $235,989 · The median employee is identified across the global workforce, so the comparison mixes United States and international pay and includes target equity converted to United States dollars. It is not a United States median..
Peer CEO comparison
Microsoft · Satya Nadella · FY2025$96.50M
Microsoft FY2025 proxy statement
Salesforce · Marc Benioff · FY2026$49.38M
Salesforce FY2026 proxy statement
Intuit · Sasan Goodarzi · FY2025$36.85M
Intuit FY2025 proxy statement
Autodesk · Andrew Anagnost · FY2026$30.09M
Autodesk FY2026 proxy statement

Peer totals are highly sensitive to grant-date accounting, one-time awards and fiscal-year timing, and none of them equal realized pay. Adobe's own compensation peer group is broader and includes Alphabet, Amazon, Apple, Autodesk, Cisco, Intuit, Meta, Microsoft, Netflix, Nvidia, Oracle, Salesforce, SAP, ServiceNow and Workday.


Named Executive Officers & Board

Adobe entered a leadership transition during 2026. Shantanu Narayen announced in March 2026 that he will step down as chief executive once a successor is appointed and is expected to remain board chair. Daniel Durn left the chief financial officer role in June 2026 and Steven Day became interim chief financial officer.

Shantanu Narayen · Chair and Chief Executive Officer$51.17M
Salary $1.50M · Cash incentive $3.12M · Stock $45.38M · Other $1.18M · Equity 88.7%
Anil Chakravarthy · President, Digital Experience$17.79M
Salary $800K · Cash incentive $1.04M · Stock $15.90M · Other $50K · Equity 89.4%
David Wadhwani · President, Digital Media$17.79M
Salary $800K · Cash incentive $1.04M · Stock $15.90M · Other $46K · Equity 89.4%
Daniel Durn · Executive Vice President and Chief Financial Officer in FY2025$16.30M
Salary $900K · Cash incentive $936K · Stock $14.44M · Other $22K · Equity 88.6%
Louise Pentland · Executive Vice President, Chief Legal Officer and Corporate Secretary$15.59M
Salary $404K · Cash incentive $2.42M · Stock $12.53M · Other $236K · Equity 80.4%

Adobe renamed its business segments during 2026, so Form 4 filings can show David Wadhwani as President, Creativity and Productivity and Anil Chakravarthy as President, Customer Experience Orchestration, while the FY2025 proxy uses Digital Media and Digital Experience. The people and the pay are the same. Louise Pentland's FY2025 cash column includes a $2.0 million signing bonus on top of her $415,714 annual incentive, and a July 2026 retention letter added transition-period severance, continued health coverage and partial equity acceleration.

Board compensation framework

ElementAmountNotes
Annual cash retainer$60,000Paid to each independent director; the employee chair receives no director pay.
Lead independent director$60,000Additional retainer on top of the standard cash retainer.
Audit Committee$45,000 chair / $20,000 memberThe largest committee retainer, reflecting the workload.
Executive Compensation Committee$35,000 chair / $15,000 memberApproves the performance share design and the executive incentive plan.
Governance and Sustainability Committee$25,000 chair / $10,000 memberOversees board composition and sustainability reporting.
Annual restricted stock unit award$330,000 targetVests in full at the next annual meeting; directors may elect to defer.

Actual FY2025 totals for continuing directors generally ran between about $385,000 and $460,000. No stock options were granted to directors.

Regional heads and other officers

Gloria Chen as Chief People Officer, Lara Balazs as Chief Marketing Officer and Steven Day as interim Chief Financial Officer are executive officers who did not qualify as named executives for FY2025, so no compensation table exists for them. Their pay is visible only through Section 16 share movements. Adobe adopted an Executive Officer Cash Severance Policy effective 26 January 2026 under which it will not establish or increase an arrangement paying cash severance above 2.99 times base salary plus target bonus without stockholder ratification.


Insider Trades — SEC Forms 3/4/5

Adobe is Nasdaq-listed, so the governing record is SEC Section 16 Forms 3, 4 and 5 rather than any Indian exchange filing. A settlement at no stated price is a restricted stock unit or performance share converting into shares, and the withholding line immediately after it is shares surrendered to cover the tax.

DatePersonTransactionSharesPriceValue
2026-08-15
Steven Day
Interim Chief Financial Officer and Senior Vice President
Award
Restricted stock unit settlement valued at the same-day market price.
58$15K
2026-08-15
Steven Day
Interim Chief Financial Officer and Senior Vice President
Withholding
Shares surrendered to cover tax on the settlement.
28$264.02$7K
2026-07-15
David Wadhwani
President, Digital Media
Award
Quarterly restricted stock unit settlement.
3,024$679K
2026-07-15
David Wadhwani
President, Digital Media
Withholding
Shares surrendered to cover tax on the settlement.
1,498$224.56$336K
2026-04-28
Shantanu Narayen
Chair and Chief Executive Officer
Sale
First of three average-price lots in a single 75,000 share sale.
51,422$243.19$12.51M
2026-04-28
Shantanu Narayen
Chair and Chief Executive Officer
Sale
Second price lot of the same sale.
13,237$243.89$3.23M
2026-04-28
Shantanu Narayen
Chair and Chief Executive Officer
Sale
Third price lot; the filing describes tax and estate planning.
10,341$244.78$2.53M
2026-04-20
Daniel Durn
Executive Vice President and Chief Financial Officer
Sale
Form 144 notice of proposed sale; aggregate market value as filed.
1,336$248.02$331K
2026-04-15
Daniel Durn
Executive Vice President and Chief Financial Officer
Award
Quarterly restricted stock unit settlement.
4,558$1.12M
2026-04-15
Daniel Durn
Executive Vice President and Chief Financial Officer
Withholding
Shares surrendered to cover tax on the settlement.
2,384$244.66$583K
2026-04-15
Gloria Chen
Chief People Officer and Executive Vice President
Award
Quarterly restricted stock unit settlement.
3,243$793K
2026-04-15
Gloria Chen
Chief People Officer and Executive Vice President
Withholding
Shares surrendered to cover tax on the settlement.
1,606$244.66$393K
2026-04-15
Louise Pentland
Executive Vice President and Chief Legal Officer
Award
Quarterly restricted stock unit settlement.
1,308$320K
2026-04-15
Louise Pentland
Executive Vice President and Chief Legal Officer
Withholding
Shares surrendered to cover tax on the settlement.
444$244.66$109K
2026-01-24
Anil Chakravarthy
President, Digital Experience
Award
2023 Performance Share Program settlement certified at 83 percent of target.
23,607$7.11M
2026-01-24
Anil Chakravarthy
President, Digital Experience
Award
Quarterly restricted stock unit settlement on the same day.
606$182K
2026-01-24
Anil Chakravarthy
President, Digital Experience
Withholding
Shares surrendered to cover tax on the performance share and restricted stock unit settlements.
12,002$301.07$3.61M

Reading guide

Settlements are not option exercisesThe proxy reported no stock option exercises by named executives during FY2025. Every acquisition line above is a restricted stock unit or performance share converting into shares.
Withholding is automatic, not a signalRoughly half of every settlement leaves immediately as tax withholding. Those disposals say nothing about an executive's view of the stock.
The one genuine saleNarayen's three 28 April 2026 lots total 75,000 shares for about $18.27 million, filed in connection with tax and estate planning.
Vested value versus reported payFY2025 vested stock values were about $25.7 million for Narayen, $8.0 million for Durn, $7.0 million for Chakravarthy and $9.2 million for Wadhwani, all well below their reported grant-date totals.

Benefits & Perks

Adobe publishes country rewards portals for most of its major markets, so the benefit picture is unusually well evidenced compared with the pay picture. Everything below comes from an official Adobe page unless marked otherwise.

United States

  • Retirement401(k) with a 50 percent match on the first 6 percent. Equivalent to a maximum 3 percent company match, fully vested with a year-end true-up. The maximum 2026 match at the compensation cap is about $10,800. [official]
  • MedicalAetna health savings account plans and Kaiser in California and Washington. Delta Dental and VSP vision are offered alongside health and flexible spending accounts, life cover and disability. Employee cost varies by plan. [official]
  • Leave11 holidays, 4 wellbeing days and two company shutdown weeks. Eligible exempt employees use flexible paid time off rather than an accrual, so individual entitlement depends on employee category and location. [official]
  • Family16 weeks paid parental leave. Up to $25,000 of adoption reimbursement and 20 days of backup care per year. [official]
  • Growth$600 wellbeing reimbursement per year. Up to $10,000 for degrees and $1,000 for short professional development, plus an employee assistance programme offering up to 12 sessions a year. [official]

Global programs

  • EquityEmployee stock purchase plan at a 15 percent discount with lookback. Shares are bought at 85 percent of the lower of the offering-start and purchase-date price across four six-month purchases in a 24-month offering, subject to local availability. [official]
  • GrowthLearning Fund of up to $11,000 a year. Education and professional development components combined, subject to country policy and manager approval. [official]
  • WellbeingFour wellbeing days and companywide shutdown weeks. Adobe schedules global wellbeing days alongside country holidays and closes the company for scheduled breaks. [official]
  • SupportEmployee Assistance Program. Described in the FY2025 Form 10-K alongside health and welfare, retirement, paid time off and internal mobility programmes. [official]
  • Working modelHybrid working. Office-assigned employees are generally expected to split their time roughly half between the office and home. [official]

Benefit fields not publicly quantified

India health insurance provider and current sum insured, National Pension System employer rate, food and transport allowances and the exact India leave-day schedule are not named on Adobe's public pages, and New Zealand contribution rates and insurance terms were not located. Employee premium contributions, plan tiers and eligibility waiting periods are not published in any market. These are recorded as not publicly disclosed rather than estimated.


Performance Review & Pay Progression

Adobe abolished annual performance reviews, ratings and stack ranking in 2012 and replaced them with Check-in, a framework built on clear goals, continuous feedback, career aspirations and quarterly manager conversations. Managers decide salary and equity using performance and market context rather than a published rating score.

Not publicly disclosed

There is no rating scale and no rating labels in the published Check-in model, so no rating-to-hike table can exist.
There is no bell curve or forced distribution; Adobe states that it eliminated stack ranking.
The global salary review effective date and the country-by-country merit budget are not disclosed.
The promotion hike percentage and any time-in-band rule are not disclosed.
Probation and confirmation terms are country and contract specific and are not published globally.
Adobe's 2023 environmental, social and governance reporting stated a 1:1 ratio of women's to men's basic salary and an unadjusted global median for women at 98.2 percent of men's, but these are self-reported indicators rather than a controlled equal-pay regression.

Modeled promotion planning timeline

BandYears to next scopePromotion hikeStatus
InternConversion offer at the end of the programmeNot disclosedModeled planning interval
P101.5–2.5 years to P20Not disclosedModeled planning interval
P202–3 years to P30Not disclosedModeled planning interval
P302.5–4 years to P40Not disclosedModeled planning interval
P403–5 years to P50Not disclosedModeled planning interval
P503–5 years to 5.5Not disclosedModeled planning interval
5.54 or more years to P60Not disclosedModeled planning interval
P60Terminal technical level for most careersNot disclosedModeled planning interval
EM22–4 years to EM3Not disclosedModeled planning interval
EM32–4 years to EM4Not disclosedModeled planning interval
EM43–5 years to EM5Not disclosedModeled planning interval
EM53–5 years to DirectorNot disclosedModeled planning interval
Dir4–7 years to VP where a role existsNot disclosedModeled planning interval
VPNot publicly disclosedNot disclosedModeled planning interval
SVPNot publicly disclosedNot disclosedModeled planning interval
EVPCommittee appointmentNot disclosedModeled planning interval
CEOBoard appointmentNot disclosedModeled planning interval
BoardAnnual re-electionNot disclosedModeled planning interval

Grant timing gives better visibility for equity than for cash. Annual non-executive equity awards use a fixed January grant date, and new-hire and promotion grants use specified monthly dates. A prior proxy disclosure described rewards reviews twice a year alongside an annual pay review, but no current global calendar is published.

Pay progression evidence

Modeled progression, not Adobe policy: P10 to P20 typically takes 1.5 to 2.5 years for a 10 to 18 percent base increase; P20 to P30 takes 2 to 3 years for 12 to 20 percent; P30 to P40 takes 2.5 to 4 years for 10 to 18 percent; P40 to P50 takes 3 to 5 years for 12 to 22 percent; P50 to 5.5 takes 3 to 5 years for 12 to 25 percent; 5.5 to P60 takes four or more years for 15 to 30 percent; manager to director takes 4 to 7 years for 15 to 30 percent; and director to VP is variable, typically 20 percent or more plus an equity reset. These are market heuristics, and at senior levels the equity refresh usually matters more than the cash change.


H-1B / LCA Visa Footprint — United States

Adobe is a heavy and consistent H-1B sponsor concentrated in technical roles at its San Jose headquarters. Labour condition application wages are base salary only, so they exclude restricted stock units and bonus and should never be compared directly with a total compensation figure.

FY2025 certified applications
1,158
MyVisaJobs reports 1,181 for FY2025 when withdrawn and denied filings are included, against one denial and 22 withdrawn or certified-withdrawn.
FY2025 average proffered base
$190,913
Up from $183,644 in FY2024 and $174,653 in FY2023.
FY2025 petition approval rate
97.4%
777 approvals against 21 denials across 798 decisions.
FY2026 applications to date
1,055
265 petitions decided with 262 approved and 3 denied, an approval rate of about 98.9 percent.

Dataset summary

DatasetResultInterpretation
MyVisaJobs employer profile1,158 certified FY2025 applications at a $190,913 average proffered baseAlso the source for the historical worksite concentration and the job-title mix.
H1BData.info FY2025 search index821 records at a $176,000 medianRoughly 27.4 percent above $200,000, 56.0 percent between $150,000 and $200,000, 14.7 percent between $100,000 and $150,000 and 1.8 percent below $100,000.
H1BData.info live page5,350 records at a $162,750 medianA seven-year scope rather than a single fiscal year, so it cannot be merged with the FY2025 index result.
H1BGrader FY20251,161 records at a $183,750 median75th percentile $210,000, 90th percentile $235,000, maximum $400,000 and minimum $71,632.
H1BData.net FY20251,088 records at a $184,630 median25th percentile $158,702 and 75th percentile $211,292 on the same $71,632 to $400,000 span.
Ellis visa-sponsor profile$165,000 medianA lower figure than the other extracts, reflecting a different extraction date and filter.

City-level H-1B wage history

CityP25MedianP75Records
San Jose, California
Headquarters worksite and by far the largest concentration. H1BData.net separately reports a $193,877 median across 660 FY2025 records.
$165K$190,000$225K1862
San Francisco, California
Second-largest worksite; H1BData.net reports a $186,021 median across 133 FY2025 records.
$170K$195,000$230K346
Seattle, Washington
Engineering and cloud operations; H1BData.net reports a $184,100 median across 83 FY2025 records.
$160K$184,000$215K231
Lehi, Utah
The clearest geographic discount in the dataset; H1BData.net reports a $142,637 median across 39 FY2025 records.
$125K$150,000$180K158
New York, New York
Combined historical New York worksite counts; H1BData.net reports a $176,450 median across 34 FY2025 records.
$155K$180,000$210K135
Austin, Texas
Engineering and go-to-market worksite with modeled quantiles.
$145K$168,000$195K127
Waltham and Cambridge, Massachusetts
The smallest of the major worksites, with modeled quantiles.
$150K$175,000$205K50

All-years aggregates. P25/P75 are rounded reconstruction values marked modeled; medians and record counts are the stronger fields.

Selected title / worksite records

TitleWorksiteProffered wageNotes
Prevailing wage Level IUnited States, FY2025 certified applications$132,609 median across 10 filingsThe smallest cohort by far; the highest Level I filing was $183,000.
Prevailing wage Level IIUnited States, FY2025 certified applications$175,165 median across 313 filings75th percentile $191,000 and maximum $299,000.
Prevailing wage Level IIIUnited States, FY2025 certified applications$191,000 median across 175 filings75th percentile $214,000 and maximum $289,000.
Prevailing wage Level IVUnited States, FY2025 certified applications$217,047 median across 201 filings75th percentile $238,615 and maximum $400,000.
Non-OES survey wageUnited States, FY2025 certified applications$175,000 median across 462 filingsThe largest single cohort; 75th percentile $205,553 and maximum $375,000.
Software Development EngineerAll Adobe worksites, historical aggregate958 filings, the dominant titleFollowed by Machine Learning Engineer at 220, Product Manager at 132, Research Scientist or Engineer at 93 and Data Science Engineer at 79.

Reading the data correctly

  • Labour condition application wages are proffered base salary. They exclude restricted stock units, bonus and the employee stock purchase plan discount, which together are the larger part of a senior Adobe package.
  • City percentile figures here are reconstructed from the FY2025 wage distribution rather than published by the Department of Labor, so they are analytical estimates.
  • Worksite counts are historical aggregates through FY2025 rather than single-year filings, so they cannot be compared directly with the single-year record counts.
  • The five public extracts disagree on record counts and medians because they apply different fiscal-year filters, refresh dates and status categories. This report preserves each figure separately rather than averaging them.
  • A labour condition application is a filing, not a hire. Certified applications exceed actual petitions, and petitions exceed actual employees.

Key Nuances & Insights

01Public levels are not an Adobe handbook

P10 through P60 and the EM labels are a benchmarking architecture built from salary submissions, not a grade map Adobe has ever published. Treat them as a crosswalk for orientation, not as something to quote back in a negotiation.

02Performance shares start at VP, equity does not

A common misreading of the disclosures is that stock begins at VP. What begins around VP is the Performance Share Program. Restricted stock units are the award type below VP and appear in public packages as far down as P10.

03Restricted stock units and performance shares carry different risk

Restricted stock units are service-based and vest on schedule. Performance shares settle anywhere between 0 and 200 percent on relative shareholder return and net-new-sales goals. The 2022 cycle paid 79 percent and the 2023 cycle paid 83 percent, so recent history sits below target.

04Indian pay compresses less at the top

India total compensation runs at about 16 percent of the San Jose anchor at P10 and approaches 44 percent at P60 in public samples. The multiplier falls from roughly six times at entry to under three times at principal level, because senior Indian packages carry far more equity.

05Executive pay is an equity instrument

Salary was about 2.9 percent of the chief executive's FY2025 reported total and stock awards were about 88.7 percent. Adobe describes the target package as 97 percent at risk, so the number in the proxy is an accounting value rather than money received.

06Check-in changes how to model a raise

With no annual rating and no forced distribution, there is no public grid mapping a score to a percentage. That does not mean outcomes are uniform. Managers still differentiate salary and equity by contribution and market, they just do it without a published scale.

07New-hire and retention awards create real dispersion

Louise Pentland's $2.0 million signing bonus, her $12.5 million new-hire restricted stock unit award and the July 2026 retention letter show how far a lateral package can sit above steady-state internal pay at the same level.

08Buybacks do not de-risk your equity

The $25 billion authorisation running to April 2030 offsets dilution at company level. An individual employee's realized value still depends on vesting, performance certification and the share price on the day.

09The employee stock purchase plan is the best-value benefit

A 15 percent discount on the lower of two prices across a 24-month offering, with a reset feature, is more valuable than the headline discount suggests when the share price rises. It is also the only equity component an employee can size themselves.

10Onshore and offshore is not Adobe's model

Adobe is a product company, not an offshore delivery vendor. The gap between India and the United States reflects labour markets, role mix and equity design, not a published client-site allowance grid.

11The leadership transition raises retention stakes

A chief executive succession search and an interim chief financial officer period make retention and succession-linked awards materially more likely across the senior layers over the next two cycles.

12Acquisition plans are not new employee pools

The Semrush and Magento plan references preserve assumed awards for their holders. They should not be counted as parallel open equity pools available to the broader workforce.

Research control

Adobe's chief executive pay sits second in this comparison set, above Salesforce, Intuit and Autodesk and well below Microsoft, and its 217:1 ratio is lower than Microsoft's 480:1 and Salesforce's 296:1 largely because the Adobe median employee is paid $235,989. On the employee side the P10 to P60 ladder tracks the large-cap technology market closely, with the equity share of the package rising from about 15 percent at entry to about 29 percent at principal level.

Evidence classification

LabelMeaningExamples and permitted use
VerifiedAn Adobe filing, an official Adobe benefit page or a government rule.Executive pay, equity plans, benefits, headcount, attrition and foreign exchange rates.
ReportedA named third-party dataset with observable records, chiefly Levels.fyi and the visa aggregators.The San Jose anchor medians, the Bangalore observations and the H-1B wage distributions.
ModeledThe San Jose anchor multiplied by a city calibration factor and foreign exchange, inside a planning envelope.Every city without a direct observation, and the management, VP and SVP band rows.
Not publicly disclosedNo source in any of the three research bundles supports a figure.Recorded as such rather than estimated.

Explicit “Not publicly disclosed” index

Official global band identifiers and any title-to-grade mapping
Salary range minimum, midpoint and maximum by band and city
Target bonus matrix below executive level
Employee equity grant matrix by band and country
The unused 2019 Plan balance after the April 2026 amendment
City-by-city employee headcount
Merit increase percentage and effective date by country
Promotion hike matrix and time-in-band rules
Compensation for regional heads and non-named-executive C-suite officers
Any lateral-hire premium against internal promotees at the same level
Sales quota, commission rate, accelerator and draw structures
Employee premium contributions and plan tiers for medical cover in every market

Known gaps and diligence before relying on a cell

  1. 1The three bundles disagree on the VP and SVP rows. One models VP total compensation at $1.5 million and SVP at $4.0 million, the other at $1.2 million and $4.5 million. This report uses $1.5 million and $4.0 million because they match the $1.23 million to $1.88 million and $3.28 million to $5.00 million ranges published in the same bundle's leadership table. Neither figure is an Adobe disclosure.
  2. 2The bundles use different foreign exchange snapshots, 6 August 2026 and 25 August 2026. This report standardises on the 25 August 2026 snapshot, which covers every currency used here.
  3. 3City calibration factors are merged from two independent models. Cities present in only one bundle, including McLean, Edinburgh, Dublin, Hamburg, Basel and Tokyo, carry that bundle's factor rescaled onto the San Jose anchor, so they are a grade less reliable than the directly observed markets.
  4. 4The public P40 sample can read below P30 because submissions are sparse and the role and location mix differs. The anchor smooths P40; the underlying observation is nearer $299,000 total compensation.
  5. 5Bundles disagree on the annualized director equity component, at $220,000 against $170,000. This report uses a $165,000 residual so that base plus bonus plus equity reconciles to the observed $581,000 director total.
  6. 6H1BData's search index and live page cover different record scopes and cannot be merged. H1BGrader, H1BData.net, MyVisaJobs and Ellis each report a different FY2025 median between $165,000 and $190,913.
  7. 7Adobe does not publish a geographic revenue split in any reviewed source, so the revenue panel shows total and quarterly revenue alongside the disclosed workforce split rather than a regional breakdown.
  8. 8Segment names changed during 2026. Form 4 filings show Creativity and Productivity and Customer Experience Orchestration where the FY2025 proxy shows Digital Media and Digital Experience.
  9. 9No companywide 2026 salary hike percentage, pay freeze, salary cut, campus offer revision or off-cycle correction was located in any source.

FX rates used — 1 USD equals, snapshot 2026-08-25

95.4176
INR
1.385954
CAD
0.733579
GBP
0.857486
EUR
4.504973
RON
0.802693
CHF
1.39796
AUD
1.676128
NZD
1.27028
SGD
159.235123
JPY

Single-date conversion layer for comparability; it ignores payroll-date FX, tax, purchasing power, benefits valuation and hedging. Compensation intelligence, not legal, tax, investment, immigration or employment advice.

Source register — 14 sources

10-K FY2025Adobe Annual Report on Form 10-K for FY2025 · United States Securities and Exchange Commission · 2026-01-15. Headcount, attrition, revenue, stock-based compensation, equity plan balances, employee stock purchase plan mechanics and country footprint.
DEF 14A 2026Adobe 2026 Definitive Proxy Statement · United States Securities and Exchange Commission · 2026-02-27. Executive and director compensation, pay ratio, performance share and restricted stock unit design, grant timing and governance.
8-K Jan 2026Adobe FY2026 executive compensation Form 8-K and exhibits · United States Securities and Exchange Commission · 2026-01-26. 2026 performance share targets and maxima, incentive plan gates and cap, and the executive cash severance policy.
8-K Apr 2026Adobe annual meeting Form 8-K · United States Securities and Exchange Commission · 2026-04-15. Approval of 12 million additional 2019 Plan shares and the $25 billion repurchase authorisation.
Forms 4 and 144Section 16 filings for Adobe insiders · United States Securities and Exchange Commission · 2026-08-15. Restricted stock unit and performance share settlements, tax withholding and open-market sales.
S-8 SemrushRegistration of shares for assumed Semrush 2021 Plan awards · United States Securities and Exchange Commission · 2026-04-28. Confirmation that acquired-plan awards are assumed rather than opened to new grants.
Adobe RewardsAdobe country rewards and benefits portals · Adobe Inc. · 2026-08-26. Retirement, medical, leave, family and learning benefits for the United States, India, Australia, the United Kingdom, Ireland, Germany, Romania, Switzerland, Canada, Japan and Singapore.
Check-inAdobe Check-in performance approach · Adobe Inc. · 2026-08-26. Confirmation that Adobe has no annual rating, no stack ranking and a quarterly conversation cadence.
Office directoryAdobe global office directory · Adobe Inc. · 2026-08-26. Verification that every city in this report is a listed Adobe office.
Levels.fyiLevels.fyi Adobe salary records · Levels.fyi · 2026-08-26. San Jose anchor medians by level, and direct observations for Bengaluru, the United Kingdom, Germany, Canada and Romania.
MyVisaJobsMyVisaJobs Adobe employer profile · MyVisaJobs · 2026-08-18. Application counts, petition approvals and denials, average proffered wage and worksite concentration.
H-1B extractsH1BData.info, H1BData.net, H1BGrader and Ellis Adobe extracts · Third-party Department of Labor aggregators · 2026-08-26. FY2025 wage distributions, prevailing wage level breakdowns and city medians.
FX snapshotEuropean Central Bank reference rates and the Central Bank of the UAE · European Central Bank and Central Bank of the UAE · 2026-08-25. Every local currency conversion in this report.
Peer proxiesMicrosoft, Salesforce, Intuit and Autodesk proxy statements · United States Securities and Exchange Commission · 2026-04-29. Peer chief executive compensation comparison.

Recent News & Workforce Trend

Adobe's 2026 has been dominated by a leadership transition rather than by a compensation event. No companywide salary action was announced in any reviewed source.

29,945
FY2023 employees
Attrition of 7.4 percent, the lowest of the three years.
30,709
FY2024 employees
Up 764 employees year on year with attrition of 7.8 percent.
31,360
FY2025 employees
Up 651 employees with attrition rising to 9.9 percent.

Growth has been steady rather than dramatic, at roughly 2 percent a year, while attrition rose by a third between FY2023 and FY2025. Adobe does not publish city-level headcount, so the only geographic signal in the filings is the roughly even split between the United States and the rest of the world.

Revenue and workforce distribution

$23.769B
FY2025 total revenue
$6.62B
Q2 FY2026 revenue
$26.5B to $26.6B
FY2026 revenue outlook
About 50%
United States workforce share
About 50%
International workforce share

Adobe does not publish a geographic revenue split in any source reviewed for this report, so this panel shows the disclosed total and quarterly revenue alongside the workforce split rather than a regional breakdown.

14 Jul 2026
Chief Legal Officer retention arrangement filed

The letter provides transition-period severance, continued health coverage and partial equity acceleration for Louise Pentland.

Form 8-K
11 Jun 2026
Record second-quarter revenue of $6.62 billion and raised guidance

Adobe lifted its FY2026 revenue outlook to roughly $26.5 billion to $26.6 billion. Stronger results improve the incentive-plan backdrop but carry no workforce payout promise.

Adobe Q2 FY2026 results
11 Jun 2026
Daniel Durn departs as Chief Financial Officer

Steven Day became interim Chief Financial Officer, raising the likelihood of retention arrangements and executive search costs.

Form 8-K
28 Apr 2026
Semrush acquisition completed and its equity plan registered

Assumed awards continue under an acquisition-related Form S-8 registration rather than becoming a new Adobe grant pool.

Form S-8
21 Apr 2026
New $25 billion share repurchase authorisation through April 2030

Repurchases can offset dilution from employee equity issuance at company level without changing individual vesting outcomes.

Form 8-K
15 Apr 2026
Stockholders add 12 million shares to the 2019 Equity Incentive Plan

The maximum reserve rises to 88 million shares. The exact unused balance after the amendment is not disclosed.

Form 8-K and annual meeting results
12 Mar 2026
Chief executive succession search announced

Shantanu Narayen will transition once a successor is appointed and is expected to remain board chair.

Adobe newsroom
27 Feb 2026
FY2025 executive compensation disclosed

Chief executive total compensation of $51.174 million against a $235,989 median employee, a ratio of 217 to 1.

2026 proxy statement
27 Jan 2026
FY2026 performance share, cash incentive and severance policy filed

Sets the 2026 to 2028 performance share grants, the 95 percent revenue and earnings gates, the 155 percent payout cap and a 2.99 times cash severance threshold.

Form 8-K
15 Jan 2026
FY2025 Form 10-K reports 31,360 employees

Attrition of 9.9 percent and stock-based compensation of $1.942 billion for the year.

Form 10-K
Last updated 2026-08-27