Adobe Capitalized Contract Costs, Net increased by 0.1% to $731.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.0%, from $717.00M to $731.00M. Over 4 years (FY 2020 to FY 2024), Capitalized Contract Costs, Net shows an upward trend with a 7.8% CAGR.
An increase reflects high sales activity and customer acquisition, while the amortization rate indicates the expected duration of customer relationships.
These are incremental costs incurred to obtain or fulfill a customer contract that are recognized as assets and amortize...
Highly specific to SaaS and subscription companies; peers are compared based on the ratio of these costs to total contract value.
capitalized_contract_costs_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $587.00M | $610.00M | $611.00M | $624.00M | $638.00M | $649.00M | $629.00M | $656.00M | $668.00M | $673.00M | $656.00M | $707.00M | $716.00M | $717.00M | $717.00M | $715.00M | $730.00M | $731.00M |
| QoQ Change | — | +3.9% | +0.2% | +2.1% | +2.2% | +1.7% | -3.1% | +4.3% | +1.8% | +0.7% | -2.5% | +7.8% | +1.3% | +0.1% | +0.0% | -0.3% | +2.1% | +0.1% |
| YoY Change | — | — | — | — | +8.7% | +6.4% | +2.9% | +5.1% | +4.7% | +3.7% | +4.3% | +7.8% | +7.2% | +6.5% | +9.3% | +1.1% | +2.0% | +2.0% |