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.

245.20 6.47 −2.57%
Market cap
$98.0B
P/E
13.7×
Fwd P/E
13.8×
Dividend yield
—
F-score
7/9
Altman Z
8.51
Beneish M
−2.85
Dividend safety
n/a

Adobe Inc. (ADBE) Net margin

Alert me on Net margin

Adobe Inc.'s net margin over the twelve months to 31 August 2026 was 28.1%, down 1.9 percentage points from fiscal 2025 (30.0%). Over the past ten years it has ranged from 13.1% (fiscal 2015) to 40.9% (fiscal 2020); the current reading is higher than 82% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

Embed this chart

Annual newest first

Period Net margin Change (points)
FY2025 30.0% 4.15
FY2024 25.9% (2.12)
FY2023 28.0% 0.96
FY2022 27.0% (3.54)
FY2021 30.6% (10.33)
FY2020 40.9% 14.46
FY2019 26.4% (2.27)
FY2018 28.7% 5.49
FY2017 23.2% 3.24
FY2016 20.0% 6.83

Quarterly newest first

Period Net margin Change (points)
Aug 2026 27.0% 1.16
May 2026 25.9% (3.65)
Feb 2026 29.5% (0.44)
Nov 2025 30.0% 0.37
43 more quarters

Against its own ten years

Low 13.1% High 40.9%
Ten-year median 27.0%
Current reading's percentile 58

Net margin against peers

Company Net margin
ADBE Adobe Inc. 28.1%
CDNS Cadence Design Systems, Inc. compare 23.6%
INTU Intuit Inc. compare 21.3%
ADP Automatic Data Processing, Inc. compare 20.1%
UBER Uber Technologies, Inc. compare 17.3%
NOW ServiceNow, Inc. compare 11.3%
DDOG Datadog, Inc. compare 4.48%
SNOW Snowflake Inc. compare −20.1%
MSTR Strategy Inc compare −6,294.0%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

More on ADBE