Adobe Inc.ADBEEarnings & Financial Report
Adobe Inc., formerly Adobe Systems Incorporated, is an American multinational computer software company based in San Jose, California. It offers a wide range of programs from web design tools, photo manipulation, and vector creation to video and audio editing, mobile app development, print layout, and animation software.
Revenue
$5.9B
Gross Profit
$5.2B
Operating Profit
$2.1B
Net Profit
$1.7B
Gross Margin
89.1%
Operating Margin
35.9%
Net Margin
28.8%
YoY Growth
10.6%
EPS
$3.94
Adobe Inc. Q2 FY2025 Financial Summary
Adobe Inc. reported revenue of $5.9B (up 10.6% YoY) for Q2 FY2025, with a net profit of $1.7B (up 7.5% YoY) (28.8% margin). Cost of goods sold was $638.0M, operating expenses totaled $3.1B.
Key Financial Metrics
| Total Revenue | $5.9B |
|---|---|
| Net Profit | $1.7B |
| Gross Margin | 89.1% |
| Operating Margin | 35.9% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Adobe Inc. Q2 FY2025 revenue of $5.9B breaks down across 3 segments, led by Subscription Revenue at $5.6B (96.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription Revenue | $5.6B | 96.0% |
| Service Other | $144.0M | 2.5% |
| Products | $88.0M | 1.5% |
Adobe Inc. Revenue by Segment — Quarterly Trend
Adobe Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription Revenue and Service Other) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Subscription Revenue | — | $6.2B | $6.0B | $5.8B |
| Service Other | — | $110.0M | $131.0M | $129.0M |
| Products | — | $90.0M | $74.0M | $68.0M |
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 |
| 2023 | $19.4B |
| 2022 | $17.6B |
Adobe Inc. Quarterly Revenue & Net Profit History
Adobe Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $6.4B | +12.0% | $1.9B | 29.5% |
| Q1 FY2026 | $6.4B | +12.0% | $1.9B | 29.5% |
| Q4 FY2025 | $6.2B | +10.5% | $1.9B | 30.0% |
| Q3 FY2025 | $6.0B | +10.7% | $1.8B | 29.6% |
| Q2 FY2025 | $5.9B | +10.6% | $1.7B | 28.8% |
| Q1 FY2025 | $5.7B | +13.2% | $1.8B | 31.7% |
| Q4 FY2024 | $5.6B | +14.6% | $1.7B | 30.0% |
| Q3 FY2024 | $5.4B | +12.3% | $1.7B | 31.1% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.41B | $5.61B | $5.71B | $5.87B | $5.99B | $6.19B | $6.40B | $6.40B |
| YoY Growth | 12.3% | 14.6% | 13.2% | 10.6% | 10.7% | 10.5% | 12.0% | 12.0% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $29.83B | $30.23B | $29.95B | $28.11B | $28.75B | $29.50B | $29.70B | $29.70B |
| Liabilities | $15.29B | $16.13B | $16.86B | $16.66B | $16.98B | $17.87B | $18.27B | $18.27B |
| Equity | $14.54B | $14.11B | $13.10B | $11.45B | $11.77B | $11.62B | $11.43B | $11.43B |
Cash Flow
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $2.02B | $2.48B | $2.19B | $2.20B | $3.16B | $2.96B | $2.96B |