Adobe (ADBE) Cost of Revenue (2009 - 2026)

Adobe (ADBE) has 18 years of Cost of Revenue data on file, last reported at $1.7 billion in Q1 2026.

• Quarterly Cost of Revenue rose 14.25% year-over-year to $1.7 billion in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $1.8 billion (down 78.95% YoY) and the FY2025 annual result came in at $2.6 billion, down 55.74% from the prior year.
• Cost of Revenue rose to $1.7 billion in Q1 2026 per ADBE's latest filing, from -$2.2 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $4.0 billion in Q4 2024 and bottomed at -$2.2 billion in Q4 2025.
• The 5-year median for Cost of Revenue is $1.2 billion (2022), against an average of $890.5 million.
• The widest annual swing landed in 2023, when Cost of Revenue slumped 225.6%; it then surged 346.9% in 2024.
• Tracing ADBE's Cost of Revenue over 5 years: stood at $1.3 billion in 2022, then tumbled by 225.6% to -$1.6 billion in 2023, then surged by 346.9% to $4.0 billion in 2024, then plunged by 154.92% to -$2.2 billion in 2025, then jumped by 177.32% to $1.7 billion in 2026.
• Per Business Quant, the three latest ADBE Cost of Revenue figures stand at $1.7 billion (Q1 2026), -$2.2 billion (Q4 2025), and $642.0 million (Q3 2025).

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