ADBE · Q3 FY25 · May 31 – Aug 29, 2025
Adobe Q3 FY25: where the revenue came from and where it went
Adobe Q3 FY25: revenue $6B (+11% year over year). Net profit $1.8B. Largest cohort Digital Media $4.5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- May 31 – Aug 29, 2025
- Reported
- Sep 24, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$6B
+11% year over year
Gross profit$5.3B
89% margin
Operating profit$2.2B
36% margin
Net profit$1.8B
30% margin
The numbers
| 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 |
Older quarters
-
Q2 FY26 5/2026Revenue $6.6B Net margin 26%
-
Q1 FY26 2/2026Revenue $6.4B Net margin 30%
-
Q4 FY25 11/2025Revenue $6.2B Net margin 30%
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