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Adobe ADBE Gross margin

Gross margin at other companies

Digital Turbine logo
Digital TurbineAPPS
56.9%+4.9pp
LiveRamp Holdings, Inc. logo
LiveRamp Holdings, Inc.RAMP
70.7%-0.3pp
Autodesk logo
AutodeskADSK
91.1%+0.6pp
Fair Isaac logo
Fair IsaacFICO
85.1%+3.4pp
Open Text logo
Open TextOTEX
73.1%+0.8pp
Salesforce logo
SalesforceCRM
77.6%+0.3pp

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$99.54B-30.8%
Enterprise value$101.68B-30.1%
P/E13.8×-7.2×
P/S-2.4×

Profitability

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Operating margin36.1%-0.3pp
Net margin28.7%-1.7pp
FCF margin40.8%-1.0pp

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 source filing: Adobe’s 10-Q, filed June 15, 2026. Open the filing →

Filed
Jun 15, 2026, 6:04 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000796343-26-000112

FAQ

What is Adobe's gross margin?
Adobe (ADBE) reported gross margin of 89.4% in Q1 2026.
How has Adobe's gross margin changed year-over-year?
Adobe's gross margin increased by 0.2% year-over-year, from 89.2% to 89.4%.
What is the long-term trend for Adobe's gross margin?
Over 5 years (2020 to 2025), Adobe's gross margin has grown at a 0.6% compound annual growth rate (CAGR), from 86.6% to 89.3%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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