Adobe (ADBE) Operating Expenses (2009 - 2026)
Adobe's (ADBE) quarterly Operating Expenses came in at $3.7 billion in Q2 2026, up 17.24% year-over-year from $3.1 billion in Q2 2025, and up 10.52% quarter-over-quarter from $3.3 billion in Q1 2026.
Adobe (ADBE) Operating Expenses (2009 - 2026) Analysis & Trends
Adobe (ADBE) has reported Operating Expenses for 18 consecutive years, with $3.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 17.24% year-over-year to $3.7 billion in Q2 2026; TTM through May 2026 was $13.4 billion, a 12.45% increase from a year earlier, with the FY2025 full-year figure at $12.5 billion, up 0.85% from the prior year.
- Operating Expenses was $3.7 billion for Q2 2026 at Adobe, up from $3.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $3.7 billion in Q1 2024 and troughed at $2.2 billion in Q1 2022.
- A 5-year average of $2.9 billion and a median of $2.8 billion in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 47.34% in 2024 and dropped 20.52% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $2.5 billion in 2022, then advanced by 8.93% to $2.7 billion in 2023, then grew by 13.55% to $3.0 billion in 2024, then gained by 8.28% to $3.3 billion in 2025, then grew by 11.6% to $3.7 billion in 2026.
- The last three Operating Expenses figures came in at $3.7 billion (Q2 2026), $3.3 billion (Q1 2026), and $3.3 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 94.11 Bn | 88.47 Bn | 6.00 Bn | 3.64 Bn |
| 2 | Atlassian | 50.75 Bn | 49.51 Bn | 1.53 Bn | 1.32 Bn |
| 3 | Autodesk | 45.38 Bn | 41.23 Bn | 1.87 Bn | 1.27 Bn |
| 4 | Twilio | 44.64 Bn | 41.99 Bn | 725.87 Mn | 641.32 Mn |
| 5 | Zoom Communications | 26.86 Bn | 19.62 Bn | 985.50 Mn | 671.18 Mn |
| 6 | Figma | 11.55 Bn | 9.88 Bn | 309.61 Mn | 426.90 Mn |
| 7 | Dropbox | 7.52 Bn | 6.40 Bn | 506.50 Mn | 341.70 Mn |
| 8 | Nice | 7.12 Bn | 6.76 Bn | 995.81 Mn | 765.06 Mn |
| 9 | RingCentral | 6.64 Bn | 6.53 Bn | 472.31 Mn | 422.02 Mn |
| 10 | Open Text | 5.59 Bn | 4.63 Bn | 1.01 Bn | 691.79 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 28, 2026 | 3.64 Bn |
| May 29, 2026 | 3.67 Bn |
| Feb 27, 2026 | 3.32 Bn |
| Nov 28, 2025 | 3.28 Bn |
| Aug 29, 2025 | 3.17 Bn |
| May 30, 2025 | 3.13 Bn |
| Feb 28, 2025 | 2.93 Bn |
| Nov 29, 2024 | 3.03 Bn |
| Aug 30, 2024 | 2.86 Bn |
| May 31, 2024 | 2.83 Bn |
| Mar 1, 2024 | 3.69 Bn |
| Dec 1, 2023 | 2.67 Bn |
| Sep 1, 2023 | 2.61 Bn |
| Jun 2, 2023 | 2.62 Bn |
| Mar 3, 2023 | 2.50 Bn |
| Dec 2, 2022 | 2.45 Bn |
| Sep 2, 2022 | 2.40 Bn |
| Jun 3, 2022 | 2.32 Bn |
| Mar 4, 2022 | 2.17 Bn |
| Dec 3, 2021 | 2.10 Bn |
Adobe Operating Expenses 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=operating-expenses&ticker=ADBE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=ADBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();