Adobe (ADBE) Net Margin (2009 - 2026)

Adobe (ADBE) has 18 years of Net Margin data on file, last reported at 29.52% in Q1 2026.

• Net Margin for Q1 2026 came in at 29.52%, down 217.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 29.48% (down 116.0% YoY), and the FY2025 annual result was 30.0%, up 414.0% from the prior year.
• Net Margin retreated to 29.52% in Q1 2026 per ADBE's latest filing, from 29.96% in the prior quarter.
• Over five years, Net Margin peaked at 31.99% in Q1 2022 and troughed at 11.96% in Q1 2024.
• A 5-year average of 27.99% and a median of 29.38% in 2023 frame the typical range for Net Margin.
• The sharpest annual moves came in 2024 and 2025: Net Margin plunged 1655 bps in 2024, then soared 1973 bps in 2025.
• A 5-year view of Net Margin shows it stood at 21.58% in 2022, then jumped by 36 bps to 29.38% in 2023, then grew by 2 bps to 30.02% in 2024, then decreased by 0 bps to 29.96% in 2025, then dropped by 1 bps to 29.52% in 2026.
• Business Quant data shows ADBE's Net Margin at 29.52% in Q1 2026, 29.96% in Q4 2025, and 29.59% in Q3 2025.