Adobe ADBE
NASDAQ ADBE
$235.47 -3.46 (-1.45%)
At close: Sep 25, 2026 · 4:00 PM EDT

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-over-year from $3.1 billion in Q2 2025, and up 10.52% quarter-over-quarter from $3.3 billion in Q1 2026.

Analysis

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.

  • 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 was $3.7 billion for Q2 2026 at Adobe, up 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 $2.9 billion and a median of $2.8 billion in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 47.34% in 2024 and dropped 20.52% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $2.5 billion in 2022, then advanced by 8.93% to $2.7 billion in 2023, then grew by 13.55% to $3.0 billion in 2024, then gained by 8.28% to $3.3 billion in 2025, then grew by 11.6% to $3.7 billion in 2026.
  • The last three Operating Expenses figures came in at $3.7 billion (Q2 2026), $3.3 billion (Q1 2026), and $3.3 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Adobe 94.11 Bn 88.47 Bn 6.00 Bn 3.64 Bn
2 Atlassian 50.75 Bn 49.51 Bn 1.53 Bn 1.32 Bn
3 Autodesk 45.38 Bn 41.23 Bn 1.87 Bn 1.27 Bn
4 Twilio 44.64 Bn 41.99 Bn 725.87 Mn 641.32 Mn
5 Zoom Communications 26.86 Bn 19.62 Bn 985.50 Mn 671.18 Mn
6 Figma 11.55 Bn 9.88 Bn 309.61 Mn 426.90 Mn
7 Dropbox 7.52 Bn 6.40 Bn 506.50 Mn 341.70 Mn
8 Nice 7.12 Bn 6.76 Bn 995.81 Mn 765.06 Mn
9 RingCentral 6.64 Bn 6.53 Bn 472.31 Mn 422.02 Mn
10 Open Text 5.59 Bn 4.63 Bn 1.01 Bn 691.79 Mn
Historic Data

Historic Data

Download Data
DateValue
Aug 28, 2026 3.64 Bn
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
API Access

Adobe Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=ADBE&period=max&api_key=YOUR_API_KEY