Adobe Inc.
ADBE Technology Software Application
Adobe Inc.’s revenue for fiscal 2025 (year ended November 2025) was $23.8 billion, up 10.5% from fiscal 2024. In the quarter to August 2026, revenue grew 12.9%, EPS grew 10.8%, free cash flow grew 14.7% and total debt rose 2.63%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years; insiders bought in the last twelve months.
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Adobe Inc. (ADBE) Gross margin
Adobe Inc.'s gross margin over the twelve months to 31 August 2026 was 89.3%, down 0.0 percentage points from fiscal 2025 (89.3%). Over the past ten years it has ranged from 84.5% (fiscal 2015) to 89.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 67.0% and above the Technology sector median of 47.2%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 89.3% | 0.23 |
| FY2024 | 89.0% | 1.17 |
| FY2023 | 87.9% | 0.17 |
| FY2022 | 87.7% | (0.48) |
| FY2021 | 88.2% | 1.56 |
| FY2020 | 86.6% | 1.60 |
| FY2019 | 85.0% | (1.75) |
| FY2018 | 86.8% | 0.61 |
| FY2017 | 86.2% | 0.16 |
| FY2016 | 86.0% | 1.52 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Aug 2026 | 88.7% | (0.49) |
| May 2026 | 89.2% | (0.42) |
| Feb 2026 | 89.6% | 0.10 |
| Nov 2025 | 89.5% | 0.24 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ADBE Adobe Inc. | 89.3% |
| CDNS Cadence Design Systems, Inc. compare | 85.9% |
| INTU Intuit Inc. compare | 80.2% |
| DDOG Datadog, Inc. compare | 79.5% |
| NOW ServiceNow, Inc. compare | 74.8% |
| MSTR Strategy Inc compare | 67.6% |
| SNOW Snowflake Inc. compare | 67.0% |
| ADP Automatic Data Processing, Inc. compare | 46.4% |
| UBER Uber Technologies, Inc. compare | 42.3% |
| Software Application industry median | 67.0% |
| Technology sector median | 47.2% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on ADBE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement