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-on-year from $3.1 billion in Q2 2025, and up 10.52% on a QoQ basis from $3.3 billion in Q1 2026.

Adobe (ADBE) Operating Expenses (2009 - 2026) Analysis & Trends

Adobe (ADBE) has 18 years of Operating Expenses data on file, last reported at $3.7 billion 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 for Q2 2026 stood at $3.7 billion, up from $3.3 billion in the prior quarter.
  • Over the last five years, Operating Expenses for ADBE reached as high as $3.7 billion in Q1 2024 and fell as low as $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.
  • Across the five-year window, Operating Expenses jumped 47.34% in 2024 and slipped 20.52% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $2.5 billion in 2022, then rose by 8.93% to $2.7 billion in 2023, then advanced by 13.55% to $3.0 billion in 2024, then increased by 8.28% to $3.3 billion in 2025, then advanced by 11.6% to $3.7 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $3.7 billion in Q2 2026, $3.3 billion in Q1 2026, and $3.3 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Adobe 85.38 Bn 79.75 Bn 5.90 Bn 3.67 Bn

Historic Data

Download Data
DateValue
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