Adobe (ADBE) Operating Expenses (2009 - 2026)
Adobe (ADBE) reported Operating Expenses of $3.3 billion for Q1 2026, up 13.21% year-over-year from $2.9 billion in Q1 2025, and up 0.97% quarter-over-quarter from $3.3 billion in Q4 2025.
Adobe (ADBE) Operating Expenses (2009 - 2026) Analysis & Trends
Adobe (ADBE) has 18 years of Operating Expenses data on file, last reported at $3.3 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $3.3 billion, up 13.21% year-over-year; the trailing twelve-month figure through Feb 2026 was $12.9 billion (up 10.72% YoY), and the FY2025 annual result was $12.5 billion, up 0.85% from the prior year.
- Operating Expenses climbed to $3.3 billion in Q1 2026 per ADBE's latest filing, 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 $2.8 billion and a median of $2.8 billion in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 47.34% in 2024, then declined 20.52% in 2025.
- A 5-year view of Operating Expenses shows it stood at $2.5 billion in 2022, then climbed by 8.93% to $2.7 billion in 2023, then increased by 13.55% to $3.0 billion in 2024, then advanced by 8.28% to $3.3 billion in 2025, then climbed by 0.97% to $3.3 billion in 2026.
- Business Quant data shows ADBE's Operating Expenses at $3.3 billion in Q1 2026, $3.3 billion in Q4 2025, and $3.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | 1.25 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 3, 2021 | 2.03 Bn |