Adobe (ADBE) EBT Margin (2009 - 2026)

Adobe (ADBE) reported EBT Margin of 37.86% for Q1 2026, down 33.0% year-over-year from 56.5% in Q1 2025, and up 3.57% quarter-over-quarter from 36.55% in Q4 2025.

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

Adobe (ADBE) has 18 years of EBT Margin data on file, last reported at 37.86% in Q1 2026.

  • EBT Margin for Q1 2026 came in at 37.86%, down 33.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 36.7% (down 26.0% YoY), and the FY2025 annual result was 36.75%, up 452.0% from the prior year.
  • EBT Margin improved to 37.86% in Q1 2026 per ADBE's latest filing, from 36.55% in the prior quarter.
  • Over five years, EBT Margin peaked at 38.98% in Q1 2022 and troughed at 18.68% in Q1 2024.
  • A 5-year average of 34.95% and a median of 36.35% in 2024 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2024 and 2025: EBT Margin slumped 1786 bps in 2024, then soared 1951 bps in 2025.
  • A 5-year view of EBT Margin shows it stood at 27.83% in 2022, then grew by 29 bps to 35.82% in 2023, then declined by 1 bps to 35.52% in 2024, then advanced by 3 bps to 36.55% in 2025, then grew by 4 bps to 37.86% in 2026.
  • Business Quant data shows ADBE's EBT Margin at 37.86% in Q1 2026, 36.55% in Q4 2025, and 36.52% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 28.74%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 3.76%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -20.00%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 24.25%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 29.04%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 17.85%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 30.00%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 33.82%
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn -21.33%

Historic Data

Download Data
DateValue
May 29, 2026 33.82%
Feb 27, 2026 37.86%
Nov 28, 2025 36.55%
Aug 29, 2025 36.52%
May 30, 2025 35.77%
Feb 28, 2025 38.19%
Nov 29, 2024 35.52%
Aug 30, 2024 37.76%
May 31, 2024 36.35%
Mar 1, 2024 18.68%
Dec 1, 2023 35.82%
Sep 1, 2023 35.64%
Jun 2, 2023 34.26%
Mar 3, 2023 34.33%
Dec 2, 2022 27.83%
Sep 2, 2022 35.27%
Jun 3, 2022 36.66%
Mar 4, 2022 38.98%
Dec 3, 2021 35.72%
Sep 3, 2021 36.04%