AI-assembled from public SEC filings
Large-cap software and SaaS peer review
Descriptive comparison assembled from public SEC filings and verified companyfacts.
Descriptive comparison — not investment advice. This feature-specific review is assembled from a frozen evidence pack of public SEC filing quotes and verified SEC companyfacts numbers. It is descriptive only and makes no judgment about which company is better. It is not a rating, recommendation, endorsement, forecast, or investment advice. Figures are as of their cited filing dates. See Disclaimer.
Methodology
Mechanical software cluster: large application and platform software companies in the existing grepcent universe, selected from SEC SIC 7372 Prepackaged Software plus WDAY, whose cached SEC SIC is 7374 but whose requested SaaS/platform peer role is disclosed rather than relabeled.
The cluster is selected mechanically from public SEC SIC 7372 companies already present in grepcent's processed universe; WDAY is retained as a disclosed SIC-7374 SaaS/platform peer from the requested set. The review publishes no proprietary index-membership labels.
Provenance
Verified Quantitative Matrix
Numbers are templated from frozen SEC companyfacts-derived facts already verified by grepcent. Fiscal periods and filing dates are shown in each cell; comparability markers use day-level period ends and reported XBRL source concepts.
| Metric | CRM | ORCL | ADBE | NOW | INTU | WDAY | ADSK |
|---|---|---|---|---|---|---|---|
| Revenue Mixed reporting concepts: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues. Ticker concepts: ADBE -> us-gaap:Revenues; ADSK -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; CRM -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; INTU -> us-gaap:Revenues; NOW -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; ORCL -> us-gaap:Revenues; WDAY -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. | 41,525,000,000 source | 57,399,000,000 source Day-level period offset: about 8 months before row reference (-245d) vs row reference 2026-01-31; offset. | 23,769,000,000 source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 13,278,000,000 source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 18,831,000,000 source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 9,552,000,000 source | 7,206,000,000 source |
| Gross margin Mixed reporting concepts: us-gaap:GrossProfit, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues. Ticker concepts: ADBE -> us-gaap:GrossProfit + us-gaap:Revenues; ADSK -> us-gaap:GrossProfit + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; NOW -> us-gaap:GrossProfit + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. | Not available. | Not available. | 89.27% source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 77.53% source Day-level period offset: -31d vs row reference 2026-01-31; offset. | Not available. | Not available. | 90.98% source |
| Operating margin Mixed reporting concepts: us-gaap:OperatingIncomeLoss, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues. Ticker concepts: ADBE -> us-gaap:OperatingIncomeLoss + us-gaap:Revenues; ADSK -> us-gaap:OperatingIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; CRM -> us-gaap:OperatingIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; INTU -> us-gaap:OperatingIncomeLoss + us-gaap:Revenues; NOW -> us-gaap:OperatingIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; ORCL -> us-gaap:OperatingIncomeLoss + us-gaap:Revenues; WDAY -> us-gaap:OperatingIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. | 20.06% source | 30.80% source Day-level period offset: about 8 months before row reference (-245d) vs row reference 2026-01-31; offset. | 36.63% source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 13.74% source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 26.14% source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 7.55% source | 21.90% source |
| Net margin Mixed reporting concepts: us-gaap:NetIncomeLoss, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues. Ticker concepts: ADBE -> us-gaap:NetIncomeLoss + us-gaap:Revenues; ADSK -> us-gaap:NetIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; CRM -> us-gaap:NetIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; INTU -> us-gaap:NetIncomeLoss + us-gaap:Revenues; NOW -> us-gaap:NetIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; ORCL -> us-gaap:NetIncomeLoss + us-gaap:Revenues; WDAY -> us-gaap:NetIncomeLoss + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. | 17.96% source | 21.68% source Day-level period offset: about 8 months before row reference (-245d) vs row reference 2026-01-31; offset. | 30.00% source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 13.16% source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 20.55% source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 7.26% source | 15.60% source |
| R&D expense | 5,993,000,000 source | 10,272,000,000 source Day-level period offset: about 4 months after row reference (+120d) vs row reference 2026-01-31; offset. | Not available. | 2,960,000,000 source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 2,928,000,000 source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 2,679,000,000 source | 1,643,000,000 source |
| R&D / revenue Mixed reporting concepts: us-gaap:ResearchAndDevelopmentExpense, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues. Ticker concepts: ADSK -> us-gaap:ResearchAndDevelopmentExpense + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; INTU -> us-gaap:ResearchAndDevelopmentExpense + us-gaap:Revenues; NOW -> us-gaap:ResearchAndDevelopmentExpense + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; WDAY -> us-gaap:ResearchAndDevelopmentExpense + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. | Not available. | Not available. | Not available. | 22.29% source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 15.55% source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 28.05% source | 22.80% source |
| Sales and marketing | 14,345,000,000 source | 8,331,000,000 source Day-level period offset: about 4 months after row reference (+120d) vs row reference 2026-01-31; offset. | 6,488,000,000 source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 4,388,000,000 source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 5,035,000,000 source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 2,616,000,000 source | 2,373,000,000 source |
| Sales and marketing / revenue Mixed reporting concepts: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues, us-gaap:SellingAndMarketingExpense. Ticker concepts: ADBE -> us-gaap:Revenues + us-gaap:SellingAndMarketingExpense; ADSK -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax + us-gaap:SellingAndMarketingExpense; INTU -> us-gaap:Revenues + us-gaap:SellingAndMarketingExpense; NOW -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax + us-gaap:SellingAndMarketingExpense; WDAY -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax + us-gaap:SellingAndMarketingExpense. | Not available. | Not available. | 27.30% source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 33.05% source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 26.74% source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 27.39% source | 32.93% source |
| Stock-based compensation | 3,509,000,000 source | 4,811,000,000 source Day-level period offset: about 4 months after row reference (+120d) vs row reference 2026-01-31; offset. | 1,942,000,000 source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 1,955,000,000 source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 1,968,000,000 source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 1,626,000,000 source | 788,000,000 source |
| SBC / revenue Mixed reporting concepts: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues, us-gaap:ShareBasedCompensation. Ticker concepts: ADBE -> us-gaap:Revenues + us-gaap:ShareBasedCompensation; ADSK -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax + us-gaap:ShareBasedCompensation; INTU -> us-gaap:Revenues + us-gaap:ShareBasedCompensation; NOW -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax + us-gaap:ShareBasedCompensation; WDAY -> us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax + us-gaap:ShareBasedCompensation. | Not available. | Not available. | 8.17% source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 14.72% source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 10.45% source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 17.02% source | 10.94% source |
| Free cash flow | 14,402,000,000 source | -394,000,000 source Day-level period offset: about 8 months before row reference (-245d) vs row reference 2026-01-31; offset. | 9,852,000,000 source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 4,576,000,000 source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 6,123,000,000 source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 2,777,000,000 source | 2,409,000,000 source |
| FCF / revenue Mixed reporting concepts: us-gaap:NetCashProvidedByUsedInOperatingActivities, us-gaap:PaymentsToAcquirePropertyPlantAndEquipment, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, us-gaap:Revenues. Ticker concepts: ADBE -> us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment + us-gaap:Revenues; ADSK -> us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; CRM -> us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; INTU -> us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment + us-gaap:Revenues; NOW -> us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; WDAY -> us-gaap:NetCashProvidedByUsedInOperatingActivities + us-gaap:PaymentsToAcquirePropertyPlantAndEquipment + us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. | 34.68% source | Not available. | 41.45% source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 34.46% source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 32.52% source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 29.07% source | 33.43% source |
| Deferred revenue Mixed reporting concepts: us-gaap:ContractWithCustomerLiability, us-gaap:ContractWithCustomerLiabilityCurrent. Ticker concepts: ADBE -> us-gaap:ContractWithCustomerLiability; ADSK -> us-gaap:ContractWithCustomerLiabilityCurrent; CRM -> us-gaap:ContractWithCustomerLiabilityCurrent; INTU -> us-gaap:ContractWithCustomerLiabilityCurrent; NOW -> us-gaap:ContractWithCustomerLiabilityCurrent; ORCL -> us-gaap:ContractWithCustomerLiability; WDAY -> us-gaap:ContractWithCustomerLiability. | 24,317,000,000 source | 15,395,000,000 source Day-level period offset: about 4 months after row reference (+120d) vs row reference 2026-01-31; offset. | 7,030,000,000 source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 8,314,000,000 source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 1,019,000,000 source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 5,081,000,000 source | 4,406,000,000 source |
| Cash and equivalents | 7,327,000,000 source | 10,786,000,000 source Day-level period offset: about 8 months before row reference (-245d) vs row reference 2026-01-31; offset. | 5,431,000,000 source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 3,726,000,000 source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 2,884,000,000 source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 1,501,000,000 source | 2,249,000,000 source |
| Liabilities / equity leverage Mixed reporting concepts: us-gaap:Assets, us-gaap:Liabilities, us-gaap:StockholdersEquity. Ticker concepts: ADBE -> us-gaap:Liabilities + us-gaap:StockholdersEquity; ADSK -> us-gaap:Assets + us-gaap:StockholdersEquity; CRM -> us-gaap:Liabilities + us-gaap:StockholdersEquity; INTU -> us-gaap:Liabilities + us-gaap:StockholdersEquity; NOW -> us-gaap:Liabilities + us-gaap:StockholdersEquity; ORCL -> us-gaap:Assets + us-gaap:StockholdersEquity; WDAY -> us-gaap:Liabilities + us-gaap:StockholdersEquity. | 0.90 source | 5.16 source Day-level period offset: about 4 months after row reference (+120d) vs row reference 2026-01-31; offset. | 1.54 source Day-level period offset: about 2 months before row reference (-64d) vs row reference 2026-01-31; offset. | 1.01 source Day-level period offset: -31d vs row reference 2026-01-31; offset. | 0.88 source Day-level period offset: about 6 months before row reference (-184d) vs row reference 2026-01-31; offset. | 1.32 source | 3.09 source |
Code-computed comparisons
- grepcent-computed gross margin range: Cross-company range not shown: fiscal period-ends span more than 14 days (ADBE ends 2025-11-28; row reference 2025-12-31); artifact-time exclusions: ADSK: period not aligned (2026-Q1 vs 2025-Q4); CRM: no gross_margin fact available; INTU: no gross_margin fact available; ORCL: no gross_margin fact available; WDAY: no gross_margin fact available. Individual company cells above remain shown with their period and concept comparability markers.
- grepcent-computed SBC intensity range: range endpoints are ADSK (10.94%) and WDAY (17.02%).
Market-risk companion: risk and factor comparison from lmfin. It is descriptive and separate from the SEC fundamentals review.
Narrative Matrix
| Dimension | CRM | ADBE | INTU |
|---|---|---|---|
| Business model | — | In its latest annual MD&A, ADBE describes this business model item. These offerings include our Creative Cloud flagship applications (“apps”) such as Adobe Photoshop, Adobe Illustrator, Adobe Lightroom, Adobe Premiere Pro and Adobe After Effects; as well as Adobe Acrobat, Adobe Express, Adobe Firefly and many more products, which are available across surfaces and platforms as desktop tools, web and mobile apps and cloud-based services. company page · source filing · filed 2026-01-15 | In its latest annual MD&A, INTU describes this business model item. This new name better aligns with the global reach of the Mailchimp and QuickBooks platform, our focus on serving both small and mid-market businesses, and our vision to become the all-in-one platform that customers use to grow and run their business. company page · source filing · filed 2025-09-03 |
| Stated strategy in filings | In its latest annual MD&A, CRM describes this stated strategy in filings item. During the third quarter of fiscal 2025, we introduced Agentforce, a new layer of our trusted platform that enables companies to build and deploy AI agents that can respond to inputs, make decisions and take action autonomously across business functions. company page · source filing · filed 2026-03-02 | — | — |
Related law (on neochart)
Not legal advice. grepcent publishes a curated industry-to-statute association only. It does not interpret statutes, assess company conduct, or mirror statute text. Deep links go to neochart.
Statutes grepcent curates as governing this industry, deep-linked to neochart's official text. Case-citation counts are shown as an importance signal, not the selection criterion. Citing cases are shown as a case-citation in-degree importance signal, not an endorsement.
- 15 U.S.C. § 1: §1. Trusts, etc., in restraint of trade illegal; penalty
- 15 U.S.C. § 15: § 15. Suits by persons injured
- 15 U.S.C. § 1125: § 1125. False designations of origin, false descriptions, and dilution forbidden
Provenance
Withheld quantitative rows
- revenue_growth: Only 0 of 7 companies have a verified fact; threshold is 3.
Withheld dimensions
- geographic_customer_exposure: No quote passed the evidence checks.
- capital_allocation: No quote passed the evidence checks.
- idiosyncratic_risks: No quote passed the evidence checks.
- recent_narrative_change: No quote passed the evidence checks.
Withheld cells
- CRM / business_model: no quote passed the evidence checks
- ORCL / business_model: no quote passed the evidence checks
- NOW / business_model: no quote passed the evidence checks
- WDAY / business_model: no quote passed the evidence checks
- ADSK / business_model: no quote passed the evidence checks
- CRM / geographic_customer_exposure: no quote passed the evidence checks
- ORCL / geographic_customer_exposure: no quote passed the evidence checks
- ADBE / geographic_customer_exposure: no quote passed the evidence checks
- NOW / geographic_customer_exposure: no quote passed the evidence checks
- INTU / geographic_customer_exposure: no quote passed the evidence checks
- WDAY / geographic_customer_exposure: no quote passed the evidence checks
- ADSK / geographic_customer_exposure: no quote passed the evidence checks
- CRM / capital_allocation: no quote passed the evidence checks
- ORCL / capital_allocation: no quote passed the evidence checks
- ADBE / capital_allocation: no quote passed the evidence checks
- NOW / capital_allocation: no quote passed the evidence checks
- INTU / capital_allocation: no quote passed the evidence checks
- WDAY / capital_allocation: no quote passed the evidence checks
- ADSK / capital_allocation: no quote passed the evidence checks
- ORCL / stated_strategy: no quote passed the evidence checks
- ADBE / stated_strategy: no quote passed the evidence checks
- NOW / stated_strategy: no quote passed the evidence checks
- INTU / stated_strategy: no quote passed the evidence checks
- WDAY / stated_strategy: no quote passed the evidence checks