Products & Services · Cost of revenue

Product — Cost of revenue

Adobe Product — Cost of revenue increased by 20.0% to $6.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $6.00M to $6.00M. Over 3 years (FY 2021 to FY 2025), Product — Cost of revenue shows a downward trend with a -17.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2025

How to read this metric

A decrease relative to revenue indicates improved operational efficiency in supporting legacy products, while an increase may signal rising maintenance or distribution costs.

Detailed definition

This metric measures the direct costs associated with producing and delivering legacy software products, including physi...

Peer comparison

Comparable to cost of goods sold (COGS) for software licenses or physical product delivery costs at other software firms.

Metric ID: adbe_segment_product_cost_of_revenue

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$10.25M$10.25M$10.25M$8.75M$8.75M$8.75M$8.75M$8.00M$7.00M$5.00M$8.00M$6.00M$6.00M$6.00M$6.00M$5.00M$6.00M
QoQ Change+0.0%+0.0%-14.6%+0.0%+0.0%+0.0%-8.6%-12.5%-28.6%+60.0%-25.0%+0.0%+0.0%+0.0%-16.7%+20.0%
YoY Change-14.6%-14.6%-14.6%-8.6%-20.0%+0.0%-14.3%+20.0%-25.0%-16.7%+0.0%
Range$5.00M$10.25M
CAGR-12.5%
Avg YoY Growth-9.9%
Median YoY Growth-14.6%

Frequently Asked Questions

What is Adobe's product — cost of revenue?
Adobe (ADBE) reported product — cost of revenue of $6.00M in Q4 2025.
How has Adobe's product — cost of revenue changed year-over-year?
Adobe's product — cost of revenue decreased by 0.0% year-over-year, from $6.00M to $6.00M.
What is the long-term trend for Adobe's product — cost of revenue?
Over 3 years (2021 to 2025), Adobe's product — cost of revenue has grown at a -17.5% compound annual growth rate (CAGR), from $41.00M to $23.00M.
What does product — cost of revenue mean?
The direct costs incurred to produce and deliver legacy software products.