Adobe (ADBE) Gross Margin (2009 - 2026)

Adobe (ADBE) reported Gross Margin of 89.62% for Q1 2026, up 51.0% year-over-year from 59.35% in Q1 2025, and little changed quarter-over-quarter from 89.52% in Q4 2025.

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

Adobe (ADBE) has 18 years of Gross Margin data on file, last reported at 89.62% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 89.62%, up 51.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 89.4% (up 24.0% YoY), and the FY2025 annual result was 89.27%, up 23.0% from the prior year.
  • Gross Margin held at 89.62% in Q1 2026 per ADBE's latest filing, from 89.52% in the prior quarter.
  • Over five years, Gross Margin peaked at 94.74% in Q1 2022 and troughed at 72.61% in Q4 2022.
  • A 5-year average of 89.18% and a median of 89.14% in 2025 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 1506 bps in 2022, then jumped 1484 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 72.61% in 2022, then increased by 20 bps to 87.44% in 2023, then climbed by 2 bps to 89.01% in 2024, then climbed by 1 bps to 89.52% in 2025, then gained by 0 bps to 89.62% in 2026.
  • Business Quant data shows ADBE's Gross Margin at 89.62% in Q1 2026, 89.52% in Q4 2025, and 89.28% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 89.96%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 48.77%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 76.92%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 85.65%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 75.07%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 48.28%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 89.20%
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn 66.61%

Historic Data

Download Data
DateValue
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 72.61%
Sep 2, 2022 94.16%
Jun 3, 2022 94.52%
Mar 4, 2022 94.74%
Dec 3, 2021 87.66%
Sep 3, 2021 88.13%