Adobe (ADBE) Gross Margin (2009 - 2026)
Adobe's (ADBE) quarterly Gross Margin came in at 89.2% in Q2 2026, up 6.0% year-over-year from 84.15% in Q2 2025, and little changed quarter-over-quarter from 89.62% in Q1 2026.
Adobe (ADBE) Gross Margin (2009 - 2026) Analysis & Trends
Adobe (ADBE) has reported Gross Margin for 18 consecutive years, with 89.2% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 6.0% year-over-year to 89.2% in Q2 2026; TTM through May 2026 was 89.4%, a 16.0% increase from a year earlier, with the FY2025 full-year figure at 89.27%, up 23.0% from the prior year.
- Gross Margin was 89.2% for Q2 2026 at Adobe, roughly flat from 89.62% in the prior quarter.
- Over five years, Gross Margin peaked at 89.76% in Q3 2024 and troughed at 87.44% in Q4 2023.
- A 5-year average of 88.57% and a median of 88.68% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 71 bps in 2022 and jumped 162 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 87.45% in 2022, then dropped by 0 bps to 87.44% in 2023, then advanced by 2 bps to 89.01% in 2024, then advanced by 1 bps to 89.52% in 2025, then retreated by 0 bps to 89.2% in 2026.
- The last three Gross Margin figures came in at 89.2% (Q2 2026), 89.62% (Q1 2026), and 89.52% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 94.11 Bn | 88.47 Bn | 6.00 Bn | 88.71% |
| 2 | Atlassian | 50.75 Bn | 49.51 Bn | 1.53 Bn | 86.50% |
| 3 | Autodesk | 45.38 Bn | 41.23 Bn | 1.87 Bn | 91.40% |
| 4 | Twilio | 44.64 Bn | 41.99 Bn | 725.87 Mn | 48.42% |
| 5 | Zoom Communications | 26.86 Bn | 19.62 Bn | 985.50 Mn | 77.16% |
| 6 | Figma | 11.55 Bn | 9.88 Bn | 309.61 Mn | 83.66% |
| 7 | Dropbox | 7.52 Bn | 6.40 Bn | 506.50 Mn | 80.21% |
| 8 | Nice | 7.12 Bn | 6.76 Bn | 995.81 Mn | 64.21% |
| 9 | RingCentral | 6.64 Bn | 6.53 Bn | 472.31 Mn | 71.89% |
| 10 | Open Text | 5.59 Bn | 4.63 Bn | 1.01 Bn | 74.98% |
Historic Data
| Date | Value |
|---|---|
| Aug 28, 2026 | 88.71% |
| May 29, 2026 | 89.20% |
| Feb 27, 2026 | 89.62% |
| Nov 28, 2025 | 89.52% |
| Aug 29, 2025 | 89.28% |
| May 30, 2025 | 89.14% |
| Feb 28, 2025 | 89.11% |
| Nov 29, 2024 | 89.01% |
| Aug 30, 2024 | 89.76% |
| May 31, 2024 | 88.74% |
| Mar 1, 2024 | 88.61% |
| Dec 1, 2023 | 87.44% |
| Sep 1, 2023 | 88.14% |
| Jun 2, 2023 | 88.12% |
| Mar 3, 2023 | 87.80% |
| Dec 2, 2022 | 87.45% |
| Sep 2, 2022 | 87.68% |
| Jun 3, 2022 | 87.71% |
| Mar 4, 2022 | 87.99% |
| Dec 3, 2021 | 87.66% |
Adobe Gross 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=gross-margin&ticker=ADBE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();