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-on-year from $638.0 million in Q2 2025, and up 7.68% on a QoQ basis from $664.0 million in Q1 2026.
Adobe (ADBE) Cost of Revenue (2009 - 2026) Analysis & Trends
Adobe (ADBE) has 18 years of Cost of Revenue data on file, last reported at $715.0 million 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 for Q2 2026 stood at $715.0 million, up from $664.0 million in the prior quarter.
- Over the last five years, Cost of Revenue for ADBE reached as high as $715.0 million in Q2 2026 and fell as low as $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.
- Across the five-year window, Cost of Revenue advanced 21.4% in 2022 and slipped 4.48% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at $568.0 million in 2022, then grew by 11.62% to $634.0 million in 2023, then retreated by 2.84% to $616.0 million in 2024, then climbed by 5.36% to $649.0 million in 2025, then increased by 10.17% to $715.0 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Cadence Design Systems | 92.20 Bn | 90.80 Bn | 1.41 Bn | 61.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |