Adobe ADBE
NASDAQ ADBE
$275.30 +3.08 (+1.13%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Adobe (ADBE) posted quarterly Cost of Revenue of $715.0 million for Q2 2026, up 12.07% year-over-year from $638.0 million in Q2 2025, and up 7.68% quarter-over-quarter from $664.0 million in Q1 2026.

Adobe (ADBE) Cost of Revenue (2009 - 2026) Analysis & Trends

Adobe (ADBE) has reported Cost of Revenue for 18 consecutive years, with $715.0 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Cost of Revenue rose 12.07% year-over-year to $715.0 million; the TTM figure through May 2026 stood at $2.7 billion (up 9.88% YoY), while the FY2025 annual figure was $2.6 billion, up 8.18% from the prior year.
  • Cost of Revenue advanced to $715.0 million in Q2 2026 per ADBE's latest filing, from $664.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $715.0 million in Q2 2026 and bottomed at $512.0 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $600.4 million across 5 years, with a median of $594.0 million in 2024.
  • Annual changes were most pronounced in 2022 — Cost of Revenue grew 21.4% — and 2024, when it declined 4.48%.
  • Adobe's Cost of Revenue stood at $568.0 million in 2022, then advanced by 11.62% to $634.0 million in 2023, then declined by 2.84% to $616.0 million in 2024, then gained by 5.36% to $649.0 million in 2025, then climbed by 10.17% to $715.0 million in 2026.
  • Business Quant data shows ADBE's Cost of Revenue at $715.0 million in Q2 2026, $664.0 million in Q1 2026, and $649.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 255.14 Bn 233.48 Bn 16.51 Bn 6.08 Bn
2 Shopify 193.20 Bn 188.25 Bn 1.71 Bn 1.88 Bn
3 Salesforce 181.45 Bn 169.61 Bn 8.56 Bn 2.57 Bn
4 Uber Technologies 160.53 Bn 155.14 Bn 6.38 Bn 7.82 Bn
5 ServiceNow 133.04 Bn 128.38 Bn 2.82 Bn 1.17 Bn
6 Snowflake 114.80 Bn 111.85 Bn 926.45 Mn 464.50 Mn
7 Automatic Data Processing 113.03 Bn 108.80 Bn 2.51 Bn 2.96 Bn
8 Adobe 110.91 Bn 105.29 Bn 5.90 Bn 715.00 Mn
9 Intuit 101.34 Bn 94.56 Bn 7.24 Bn 1.32 Bn
10 Cadence Design Systems 87.39 Bn 85.95 Bn 1.41 Bn 175.18 Mn

Historic Data

Download Data
DateValue
May 29, 2026 715.00 Mn
May 29, 2026 715.00 Mn
Feb 27, 2026 664.00 Mn
Feb 27, 2026 664.00 Mn
Nov 28, 2025 649.00 Mn
Nov 28, 2025 649.00 Mn
Aug 29, 2025 642.00 Mn
Aug 29, 2025 642.00 Mn
May 30, 2025 638.00 Mn
May 30, 2025 638.00 Mn
Feb 28, 2025 622.00 Mn
Feb 28, 2025 622.00 Mn
Nov 29, 2024 616.00 Mn
Nov 29, 2024 616.00 Mn
Aug 30, 2024 554.00 Mn
Aug 30, 2024 554.00 Mn
May 31, 2024 598.00 Mn
May 31, 2024 598.00 Mn
Mar 1, 2024 590.00 Mn
Mar 1, 2024 590.00 Mn