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
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