Adobe (ADBE) Operating Expenses (2009 - 2026)
Adobe (ADBE) posted quarterly Operating Expenses of $3.7 billion for 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.
- In Q2 2026, Operating Expenses rose 17.24% year-over-year to $3.7 billion; the TTM figure through May 2026 stood at $13.4 billion (up 12.45% YoY), while the FY2025 annual figure was $12.5 billion, up 0.85% from the prior year.
- Operating Expenses rose to $3.7 billion in Q2 2026 per ADBE's latest filing, from $3.3 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $3.7 billion in Q1 2024 and bottomed at $2.2 billion in Q1 2022.
- Historically, Operating Expenses has averaged $2.9 billion across 5 years, with a median of $2.8 billion in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 47.34% — and 2025, when it declined 20.52%.
- Adobe's Operating Expenses stood at $2.5 billion in 2022, then grew by 8.93% to $2.7 billion in 2023, then rose by 13.55% to $3.0 billion in 2024, then climbed by 8.28% to $3.3 billion in 2025, then rose by 11.6% to $3.7 billion in 2026.
- Business Quant data shows ADBE's Operating Expenses at $3.7 billion in Q2 2026, $3.3 billion in Q1 2026, and $3.3 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 875.89 Mn |
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 |