Adobe Inc. ADBE

235.47 (3.46) (1.45%) as of 25 Sep
Market cap
$92.6B
P/E
13.1×
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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

Annual

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

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

Against its own ten years

Low 84.5% High 89.3%
Ten-year median 86.8%
Current reading's percentile 100

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 46.3%

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

The full definition of Gross margin →

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