TTM
36.6%
YoY change
+5.28pp
Trough year (2014)
10.0%
Peak year (1986)
42.9%
Latest annual
36.6%
Operating Margin history chart for Adobe (ADBE) from 1986 to 2025
Latest: 36.6%
Operating Margin change chart for Adobe (ADBE) from 1986 to 2025
Latest: +5.28pp
Operating Margin history table for Adobe (ADBE) from 1986 to 2025
| 2025 | 36.6% | +5.28pp | ||
| 2024 | 31.3% | -2.92pp | ||
| 2023 | 34.3% | -0.37pp | ||
| 2022 | 34.6% | -2.12pp | ||
| 2021 | 36.8% | +3.83pp | ||
| 2020 | 32.9% | +3.67pp | ||
| 2019 | 29.3% | -2.20pp | ||
| 2018 | 31.5% | +1.76pp | ||
| 2017 | 29.7% | +4.18pp | ||
| 2016 | 25.5% | +6.68pp | ||
| 2015 | 18.8% | +8.88pp | ||
| 2014 | 10.0% | -0.47pp | ||
| 2013 | 10.4% | -16.38pp | ||
| 2012 | 26.8% | +0.73pp | ||
| 2011 | 26.1% | -0.06pp | ||
| 2010 | 26.1% | +2.69pp | ||
| 2009 | 23.4% | -5.28pp | ||
| 2008 | 28.7% | +1.57pp | ||
| 2007 | 27.2% | +5.75pp | ||
| 2006 | 21.4% | -15.64pp | ||
| 2005 | 37.0% | +1.54pp | ||
| 2004 | 35.5% | +6.20pp | ||
| 2003 | 29.3% | +4.66pp | ||
| 2002 | 24.6% | -6.13pp | ||
| 2001 | 30.8% | -1.45pp | ||
| 2000 | 32.2% | +6.63pp | ||
| 1999 | 25.6% | +11.58pp | ||
| 1998 | 14.0% | -11.30pp | ||
| 1997 | 25.3% | +6.64pp | ||
| 1996 | 18.7% | +1.01pp | ||
| 1995 | 17.7% | -2.20pp | ||
| 1994 | 19.9% | +1.19pp | ||
| 1993 | 18.7% | -9.46pp | ||
| 1992 | 28.1% | -5.83pp | ||
| 1991 | 34.0% | -2.85pp | ||
| 1990 | 36.8% | -5.78pp | ||
| 1989 | 42.6% | +1.63pp | ||
| 1988 | 41.0% | -0.01pp | ||
| 1987 | 41.0% | -1.89pp | ||
| 1986 | 42.9% | — |
- 202536.6%+5.28pp
- 202431.3%-2.92pp
- 202334.3%-0.37pp
- 202234.6%-2.12pp
- 202136.8%+3.83pp
- 202032.9%+3.67pp
- 201929.3%-2.20pp
- 201831.5%+1.76pp
- 201729.7%+4.18pp
- 201625.5%+6.68pp
- 201518.8%+8.88pp
- 201410.0%-0.47pp
- 201310.4%-16.38pp
- 201226.8%+0.73pp
- 201126.1%-0.06pp
- 201026.1%+2.69pp
- 200923.4%-5.28pp
- 200828.7%+1.57pp
- 200727.2%+5.75pp
- 200621.4%-15.64pp
- 200537.0%+1.54pp
- 200435.5%+6.20pp
- 200329.3%+4.66pp
- 200224.6%-6.13pp
- 200130.8%-1.45pp
- 200032.2%+6.63pp
- 199925.6%+11.58pp
- 199814.0%-11.30pp
- 199725.3%+6.64pp
- 199618.7%+1.01pp
- 199517.7%-2.20pp
- 199419.9%+1.19pp
- 199318.7%-9.46pp
- 199228.1%-5.83pp
- 199134.0%-2.85pp
- 199036.8%-5.78pp
- 198942.6%+1.63pp
- 198841.0%-0.01pp
- 198741.0%-1.89pp
- 198642.9%—
Operating Margin values are taken from Adobe's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Adobe (ADBE)
According to Adobe's latest reported financial statements, the company's latest reported operating margin is 36.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Adobe (ADBE) came in at 36.63% – expanded 5.3 percentage points year-over-year.
42.86% stands as the all-time-high annual operating margin, posted in 1986, against a low of 9.95% during 2014.
Adobe Operating Margin by Year
Adobe Operating Margin 2025: 36.6%
Adobe posted operating margin of 36.63% in 2025, expanded 5.3 percentage points from 2024.
Adobe Operating Margin 2024: 31.3%
In 2024, Adobe reported operating margin of 31.35%, contracted 2.9 percentage points from 2023.
Adobe Operating Margin 2023: 34.3%
Adobe operating margin in 2023 was 34.26%, contracted 0.4 percentage points from 2022.
Adobe Operating Margin 2022: 34.6%
2022's operating margin for Adobe came in at 34.64%, contracted 2.1 percentage points from 2021.
Adobe Operating Margin 2021: 36.8%
Adobe operating margin in 2021 was 36.76%.
See more financial history for Adobe (ADBE).
Sector peers by Operating Margin
Technology peers of Adobe (ADBE), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
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