Adobe (ADBE) Cost of Revenue (2009 - 2026)
Adobe's (ADBE) quarterly Cost of Revenue came in at $715.0 million in 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.
Analysis
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.
- On a quarterly basis, Cost of Revenue rose 12.07% year-over-year to $715.0 million in Q2 2026; TTM through May 2026 was $2.7 billion, a 9.88% increase from a year earlier, with the FY2025 full-year figure at $2.6 billion, up 8.18% from the prior year.
- Cost of Revenue was $715.0 million for Q2 2026 at Adobe, up from $664.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $715.0 million in Q2 2026 and troughed at $512.0 million in Q1 2022.
- A 5-year average of $600.4 million and a median of $594.0 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue climbed 21.4% in 2022 and dropped 4.48% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $568.0 million in 2022, then rose by 11.62% to $634.0 million in 2023, then slipped by 2.84% to $616.0 million in 2024, then increased by 5.36% to $649.0 million in 2025, then gained by 10.17% to $715.0 million in 2026.
- The last three Cost of Revenue figures came in at $715.0 million (Q2 2026), $664.0 million (Q1 2026), and $649.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 99.32 Bn | 93.69 Bn | 5.90 Bn | 715.00 Mn |
| 2 | Autodesk | 45.34 Bn | 41.19 Bn | 1.87 Bn | 176.00 Mn |
| 3 | Figma | 12.04 Bn | 10.38 Bn | 309.61 Mn | 60.47 Mn |
| 4 | Perfect | 164.17 Mn | 2.14 Mn | 13.22 Mn | 3.12 Mn |
| 5 | Beamr Imaging | 19.72 Mn | 11.99 Mn | - | - |
| 6 | Global Mofy AI | 1.14 Mn | 1.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 29, 2026 | 715.00 Mn |
| Feb 27, 2026 | 664.00 Mn |
| Nov 28, 2025 | 649.00 Mn |
| Aug 29, 2025 | 642.00 Mn |
| May 30, 2025 | 638.00 Mn |
| Feb 28, 2025 | 622.00 Mn |
| Nov 29, 2024 | 616.00 Mn |
| Aug 30, 2024 | 554.00 Mn |
| May 31, 2024 | 598.00 Mn |
| Mar 1, 2024 | 590.00 Mn |
| Dec 1, 2023 | 634.00 Mn |
| Sep 1, 2023 | 580.00 Mn |
| Jun 2, 2023 | 572.00 Mn |
| Mar 3, 2023 | 568.00 Mn |
| Dec 2, 2022 | 568.00 Mn |
| Sep 2, 2022 | 546.00 Mn |
| Jun 3, 2022 | 539.00 Mn |
| Mar 4, 2022 | 512.00 Mn |
| Dec 3, 2021 | 507.00 Mn |
| Sep 3, 2021 | 467.00 Mn |