Adobe (ADBE) EBITDA Margin (2009 - 2026)
Adobe (ADBE) posted EBITDA Margin of 38.00% for fiscal Q3 2026 (quarter ended Aug 28, 2026), down 1.76 percentage points from 39.76% a year earlier but up 1.27 percentage points from the prior quarter.
Adobe (ADBE) EBITDA Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Aug 28, 2026, EBITDA Margin at Adobe was 38.65%, down 1.27 percentage points year-over-year; for FY2025 (ended Nov 28, 2025), it was 40.07%, up 4.74 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +1.26 percentage points (FY2020 to FY2025).
- In prior fiscal years, Adobe's EBITDA Margin was 35.33% in FY2024 (-3.42 pp), 38.76% in FY2023 (-0.74 pp), 39.50% in FY2022 (-2.25 pp) and 41.75% in FY2021 (+2.94 pp).
- Quarterly EBITDA Margin has run from a low of 21.59% in fiscal Q1 2024 to a high of 42.07% in fiscal Q1 2022 over five years.
- On a year-over-year basis, EBITDA Margin has declined in each of the last three quarters, with an average year-over-year change of +1.74 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was fiscal Q1 2025, with a gain of 20.06 percentage points; the weakest was fiscal Q1 2024, with a drop of 17.03 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior fiscal quarters was 36.73% (Q2 2026), 40.51% (Q1 2026) and 39.47% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 97.16 Bn | 72.41 Bn | 6.00 Bn | 38.00% |
| 2 | Autodesk | 56.45 Bn | 44.48 Bn | 1.87 Bn | 40.27% |
| 3 | Atlassian | 49.40 Bn | 42.68 Bn | 1.53 Bn | 14.16% |
| 4 | Twilio | 33.00 Bn | 22.64 Bn | 760.53 Mn | 12.29% |
| 5 | Zoom Communications | 26.85 Bn | -3.88 Bn | 985.50 Mn | 31.50% |
| 6 | Figma | 11.88 Bn | 5.20 Bn | 314.44 Mn | -27.13% |
| 7 | Dropbox | 7.93 Bn | 3.57 Bn | 506.50 Mn | 32.68% |
| 8 | RingCentral | 6.58 Bn | 6.11 Bn | 494.30 Mn | 22.11% |
| 9 | Open Text | 6.44 Bn | 1.87 Bn | 1.01 Bn | 34.94% |
| 10 | Box | 6.04 Bn | 3.91 Bn | 253.97 Mn | 17.47% |
Historic Data
| Date | Value |
|---|---|
| Aug 28, 2026 | 38.00% |
| May 29, 2026 | 36.73% |
| Feb 27, 2026 | 40.51% |
| Nov 28, 2025 | 39.47% |
| Aug 29, 2025 | 39.76% |
| May 30, 2025 | 39.47% |
| Feb 28, 2025 | 41.65% |
| Nov 29, 2024 | 38.80% |
| Aug 30, 2024 | 40.77% |
| May 31, 2024 | 39.54% |
| Mar 1, 2024 | 21.59% |
| Dec 1, 2023 | 38.93% |
| Sep 1, 2023 | 39.16% |
| Jun 2, 2023 | 38.29% |
| Mar 3, 2023 | 38.63% |
| Dec 2, 2022 | 38.01% |
| Sep 2, 2022 | 38.35% |
| Jun 3, 2022 | 39.69% |
| Mar 4, 2022 | 42.07% |
| Dec 3, 2021 | 41.51% |
Adobe EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ADBE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "ADBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();