According to @QCompounding, stock-based compensation dilutes shareholders and should be excluded to get a clearer view of true cash flow. According to @QCompounding, traders can improve valuation work and free cash flow analysis by removing SBC to avoid distortion from shareholder dilution.

According to Compounding Quality on Twitter, Adobe’s stock-based compensation now equals 27.5% of its net income, highlighting a significant cost that directly affects shareholder returns. For traders, this high ratio signals potential dilution and may influence Adobe’s stock performance, especially as large stock-based compensation can pressure earnings per share and perception of value. The crypto market often reacts to technology sector sentiment, so shifts in Adobe’s fundamentals may impact related blockchain and AI token trading as investors reassess tech sector risk (Source: Compounding Quality, Twitter, June 8, 2025).