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) Operating margin

Adobe Inc.'s operating margin over the twelve months to 31 August 2026 was 35.7%, down 0.9 percentage points from fiscal 2025 (36.6%). Over the past ten years it has ranged from 18.8% (fiscal 2015) to 36.8% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.08%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 36.6% 5.28
FY2024 31.4% (2.91)
FY2023 34.3% (0.38)
FY2022 34.6% (2.12)
FY2021 36.8% 3.83
FY2020 32.9% 3.68
FY2019 29.3% (2.20)
FY2018 31.5% 1.76
FY2017 29.7% 4.18
FY2016 25.5% 6.68

Quarterly

Period Operating margin Change (points)
Aug 2026 34.8% 1.00
May 2026 33.8% (3.97)
Feb 2026 37.8% 1.29
Nov 2025 36.5% 0.21
43 more quarters

Against its own ten years

Low 18.8% High 36.8%
Ten-year median 31.5%
Current reading's percentile 91

Operating margin against peers

Company Operating margin
ADBE Adobe Inc. 35.7%
CDNS Cadence Design Systems, Inc. compare 30.3%
INTU Intuit Inc. compare 27.4%
ADP Automatic Data Processing, Inc. compare 26.3%
UBER Uber Technologies, Inc. compare 12.1%
NOW ServiceNow, Inc. compare 11.4%
DDOG Datadog, Inc. compare 0.41%
SNOW Snowflake Inc. compare −22.8%
MSTR Strategy Inc compare −7,295.4%
Software Application industry median 0.00%
Technology sector median 0.08%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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