Adobe

ADBE · Information Technology · Market cap $98.1B

Q2 FY26 May 29, 2026 reported Jun 15, 2026

Revenue$6.6B +13% year over year

Gross profit$5.9B

Operating profit$2.2B

Net profit$1.7B 26% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends May 29, 2026).
Item	Value	Share of revenue	Year over year
Revenue	6.6	100%	+13%
Americas	3.9	59%	+11%
EMEA	1.8	27%	+17%
Asia	0.9	14%	+13%
Cost of revenue	−0.7	11%
Gross profit	5.9	89% margin	+0pp
Sales & marketing	−2	28%	+1pp
G&A	−0.5	8%	+2pp
Other	−1.2	19%	+0pp
Operating profit	2.2	34% margin	−2pp
Tax	−0.5
Net profit	1.7	26%	−3pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Feb 27, 2026).
Item	Value	Share of revenue	Year over year
Revenue	6.4	100%	+12%
Americas	3.8	59%	+10%
EMEA	1.7	27%	+16%
Asia	0.9	14%	+12%
Cost of revenue	−0.7	11%
Gross profit	5.7	90% margin	+1pp
Sales & marketing	−1.7	27%	+1pp
G&A	−0.5	7%	+1pp
Other	−1.1	18%	+0pp
Operating profit	2.4	38% margin	+0pp
Tax	−0.5
Net profit	1.9	30%	−2pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Nov 28, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.2	100%	+10%
Digital Media	4.6	74%	+11%
Digital Experience	1.5	24%	+9%
Publishing and Advertising	0.1	2%	−9%
Cost of revenue	−0.6	10%
Gross profit	5.5	90% margin	+1pp
Sales & marketing	−1.7	28%	+0pp
G&A	−0.4	7%	−1pp
Other	−1.1	18%	+0pp
Operating profit	2.3	37% margin	+2pp
Tax	−0.4
Net profit	1.9	30%	+0pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Aug 29, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6	100%	+11%
Digital Media	4.5	75%	+12%
Digital Experience	1.5	25%	+9%
Publishing and Advertising	0.1	2%	−10%
Cost of revenue	−0.6	10%
Gross profit	5.3	89% margin	+0pp
Sales & marketing	−1.7	27%	+1pp
G&A	−0.4	7%	+0pp
Other	−1.1	19%	+0pp
Operating profit	2.2	36% margin	−1pp
Tax	−0.4
Net profit	1.8	30%	−2pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	May 29, 2026	Jun 15, 2026	$6.6B	+13%	33%	$1.7B	26%
Q1 FY26	Nov 29, 2025 – Feb 27, 2026	Mar 25, 2026	$6.4B	+12%	38%	$1.9B	30%
Q4 FY25	Aug 30 – Nov 28, 2025	Jan 15, 2026	$6.2B	+10%	37%	$1.9B	30%
Q3 FY25	May 31 – Aug 29, 2025	Sep 24, 2025	$6B	+11%	37%	$1.8B	30%