Adobe (ADBE) EBITDA Margin (2009 - 2026)

Adobe (ADBE) posted quarterly EBITDA Margin of 33.82% for Q2 2026, down 209.0% year-over-year from 31.02% in Q2 2025, and down 10.52% quarter-over-quarter from 37.79% in Q1 2026.

Adobe (ADBE) EBITDA Margin (2009 - 2026) Analysis & Trends

Adobe (ADBE) has reported EBITDA Margin for 18 consecutive years, with 33.82% the latest figure, recorded in Q2 2026.

  • In Q2 2026, EBITDA Margin fell 209.0% year-over-year to 33.82%; the TTM figure through May 2026 stood at 36.07% (down 30.0% YoY), while the FY2025 annual figure was 36.63%, up 528.0% from the prior year.
  • EBITDA Margin retreated to 33.82% in Q2 2026 per ADBE's latest filing, from 37.79% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 1089.66% in Q1 2022 and bottomed at 8.76% in Q4 2022.
  • Historically, EBITDA Margin has averaged 147.73% across 5 years, with a median of 35.21% in 2024.
  • Annual changes were most pronounced in 2022 — EBITDA Margin jumped 15159 bps — and 2023, when it sank 105558 bps.
  • Adobe's EBITDA Margin stood at 8.76% in 2022, then jumped by 294 bps to 34.53% in 2023, then advanced by 1 bps to 34.91% in 2024, then rose by 5 bps to 36.5% in 2025, then fell by 7 bps to 33.82% in 2026.
  • Business Quant data shows ADBE's EBITDA Margin at 33.82% in Q2 2026, 37.79% in Q1 2026, and 36.5% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 27.70%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 13.62%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 21.08%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 13.32%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 4.06%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -23.45%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -33.33%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 33.82%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 46.97%
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn 0.49%

Historic Data

Download Data
DateValue
May 29, 2026 33.82%
Feb 27, 2026 37.79%
Nov 28, 2025 36.50%
Aug 29, 2025 36.29%
May 30, 2025 35.91%
Feb 28, 2025 37.85%
Nov 29, 2024 34.91%
Aug 30, 2024 36.83%
May 31, 2024 35.51%
Mar 1, 2024 17.50%
Dec 1, 2023 34.53%
Sep 1, 2023 34.70%
Jun 2, 2023 33.72%
Mar 3, 2023 34.07%
Dec 2, 2022 8.76%
Sep 2, 2022 33.48%
Jun 3, 2022 1,047.26%
Mar 4, 2022 1,089.66%
Dec 3, 2021 9.77%
Sep 3, 2021 36.62%