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| Date | Value |
|---|---|
| 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% |