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| 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 |