Adobe Inc.ADBEEarnings & Financial Report
Adobe is a building material made from loam and organic materials. Adobe is Spanish for mudbrick. In some English-speaking regions of Spanish heritage, such as the Southwestern United States, the term is used to refer to any kind of earthen construction, or various architectural styles like Pueblo Revival or Territorial Revival. Most adobe buildings are similar in appearance to cob and rammed earth buildings. Adobe is among the earliest building materials, and is used throughout the world.
ADBE Q4 2025 Key Financial Metrics
Revenue
$6.2B
Gross Profit
$5.5B
Operating Profit
$2.3B
Net Profit
$1.9B
Gross Margin
89.5%
Operating Margin
36.5%
Net Margin
30.0%
YoY Growth
10.5%
EPS
$4.44
Financial Flow
Adobe Inc. Q4 2025 Financial Summary
Adobe Inc. reported revenue of $6.2B for Q4 2025, with a net profit of $1.9B (30.0% margin). Cost of goods sold was $649.0M, operating expenses totaled $3.3B.
Key Financial Metrics
| Total Revenue | $6.2B |
|---|---|
| Net Profit | $1.9B |
| Gross Margin | 89.5% |
| Operating Margin | 36.5% |
| Report Period | Q4 2025 |
Adobe Inc. Annual Revenue by Year
Adobe Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $23.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $23.8B |
| 2024 | $21.5B |
| 2023 | $19.4B |
| 2022 | $17.6B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.18B | $5.31B | $5.41B | $5.61B | $5.71B | $5.87B | $5.99B | $6.19B |
| YoY Growth | 11.3% | 10.2% | 10.6% | 11.1% | 10.3% | 10.6% | 10.7% | 10.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $28.75B | $30.01B | $29.83B | $30.23B | $29.95B | $28.11B | $28.75B | $29.50B |
| Liabilities | $13.29B | $15.16B | $15.29B | $16.13B | $16.86B | $16.66B | $16.98B | $17.87B |
| Equity | $15.46B | $14.84B | $14.54B | $14.11B | $13.10B | $11.45B | $11.77B | $11.62B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.17B | $1.94B | $2.02B | $2.92B | $2.48B | $2.19B | $2.20B | $3.16B |
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