Adobe Q3 FY25: where the revenue came from and where it went
The whole income statement of Adobe for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- May 31 – Aug 29, 2025
- Reported
- Sep 24, 2025
Revenue$5.99B
+11% year over year
Gross profit$5.35B
89% margin
Operating profit$2.17B
36% margin
Net profit$1.77B
30% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.99 | 100% | +11% |
| Digital media | 4.46 | 74% | +12% |
| Digital experience | 1.48 | 25% | +9% |
| Publishing & advertising | 0.05 | 1% | −10% |
| Cost of revenue | −0.64 | 11% | |
| Gross profit | 5.35 | 89% margin | +0pp |
| Sales & marketing | −1.64 | 27% | +1pp |
| G&A | −0.41 | 7% | +0pp |
| Other | −1.13 | 19% | +0pp |
| Operating profit | 2.17 | 36% margin | −1pp |
| Tax | −0.40 | ||
| Net profit | 1.77 | 30% margin | −2pp |
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