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Adobe ADBE EBITDA margin

EBITDA margin at other companies

Autodesk logo
AutodeskADSK
27.8%+4.5pp
Fair Isaac logo
Fair IsaacFICO
51.1%+6.1pp
Salesforce logo
SalesforceCRM
29.2%+1.0pp
Oracle logo
OracleORCL
43.3%+1.5pp
Twilio logo
TwilioTWLO
8%+3.9pp
Shopify logo
ShopifySHOP
13.6%+0.5pp

Other financials

Income statement

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Revenue$6.6B+12.7%
Gross profit$5.9B+12.8%
Operating income$2.2B+6.1%
Net income$1.7B+1.2%
EPS (diluted)$4.25+7.9%

Balance sheet

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Cash & equivalents$4.9B-0.2%
Total debt$7.1B+7.6%
Total equity$11.5B+0.6%
Total assets$29.9B+6.5%

Cash flow

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Operating cash flow$2.2B-1.2%
CapEx$58.0M+23.4%
Free cash flow$2.1B-1.7%

Valuation

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Market cap$78.02B-40.5%
Enterprise value$80.17B-39.8%
P/E10.8×-8.3×
P/S3.1×-2.7×

Profitability

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Gross margin89.4%+0.2pp
Operating margin36.1%-0.3pp
Net margin28.7%-1.7pp

Returns & leverage

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Return on equity63%+10.7pp
Debt / equity0.6×0.0×
Current ratio0.8×-0.2×

Where this comes from

Calculated from Adobe’s reported figures.

Based on trailing twelve months.

The official record: Adobe’s 10-Q, filed June 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Adobe's EBITDA margin?
Adobe (ADBE) reported EBITDA margin of 39.1% in Q1 2026.
How has Adobe's EBITDA margin changed year-over-year?
Adobe's EBITDA margin decreased by 2.7% year-over-year, from 40.2% to 39.1%.
What is the long-term trend for Adobe's EBITDA margin?
Over 4 years (2021 to 2025), Adobe's EBITDA margin has grown at a -0.7% compound annual growth rate (CAGR), from 164.8% to 160.4%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.