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
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