Paying user area
Try for free
Adobe Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Reportable Segments
- Common Stock Valuation Ratios
- Enterprise Value (EV)
- Price to FCFE (P/FCFE)
- Present Value of Free Cash Flow to Equity (FCFE)
- Current Ratio since 2005
- Price to Book Value (P/BV) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Adobe Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Nov 28, 2025 | = | 100 | × | ÷ | |||
| Nov 29, 2024 | = | 100 | × | ÷ | |||
| Dec 1, 2023 | = | 100 | × | ÷ | |||
| Dec 2, 2022 | = | 100 | × | ÷ | |||
| Dec 3, 2021 | = | 100 | × | ÷ | |||
| Nov 27, 2020 | = | 100 | × | ÷ | |||
| Nov 29, 2019 | = | 100 | × | ÷ | |||
| Nov 30, 2018 | = | 100 | × | ÷ | |||
| Dec 1, 2017 | = | 100 | × | ÷ | |||
| Dec 2, 2016 | = | 100 | × | ÷ | |||
| Nov 27, 2015 | = | 100 | × | ÷ | |||
| Nov 28, 2014 | = | 100 | × | ÷ | |||
| Nov 29, 2013 | = | 100 | × | ÷ | |||
| Nov 30, 2012 | = | 100 | × | ÷ | |||
| Dec 2, 2011 | = | 100 | × | ÷ | |||
| Dec 3, 2010 | = | 100 | × | ÷ | |||
| Nov 27, 2009 | = | 100 | × | ÷ | |||
| Nov 28, 2008 | = | 100 | × | ÷ | |||
| Nov 30, 2007 | = | 100 | × | ÷ | |||
| Dec 1, 2006 | = | 100 | × | ÷ | |||
| Dec 2, 2005 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2025-11-28), 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
1 US$ in millions
The net profit margin exhibited considerable fluctuation over the period from 2005 to 2025. Initial values were relatively high, followed by a period of decline, then a resurgence, and finally, stabilization with a slight upward trend in recent years.
- Initial Period (2005-2006)
- A significant decrease in net profit margin is observed, moving from 30.66% in 2005 to 19.64% in 2006. This suggests a potential increase in costs or a decrease in pricing power during this timeframe, despite revenue growth.
- Volatility and Recovery (2007-2009)
- The net profit margin demonstrated volatility between 2007 and 2009, peaking at 24.35% in 2008 before experiencing a substantial decline to 13.12% in 2009. This period likely reflects the impact of broader economic conditions and potentially company-specific challenges.
- Gradual Improvement (2010-2014)
- From 2010 through 2014, the net profit margin showed a gradual improvement, rising from 20.39% to 6.47%. However, the margin remained relatively low in 2013 and 2014, indicating continued pressure on profitability. The 2013 and 2014 values represent the lowest points in the observed period.
- Strong Growth Phase (2015-2020)
- A period of strong growth in net profit margin is evident from 2015 to 2020. The margin increased significantly, reaching 40.88% in 2020. This substantial improvement suggests successful cost management, increased operational efficiency, or a shift towards higher-margin products or services. Revenue also experienced significant growth during this period.
- Recent Stabilization (2021-2025)
- Following the peak in 2020, the net profit margin stabilized, fluctuating between 25.85% and 30.55% from 2021 to 2025. While not exhibiting the dramatic growth of the previous five years, the margin remained at a healthy level, indicating sustained profitability. A slight upward trend is observable in the most recent years, reaching 30.00% in 2025.
Overall, the net profit margin demonstrates a cyclical pattern with periods of decline, recovery, and strong growth. The recent stabilization at a relatively high level suggests a mature and profitable business model.
Comparison to Competitors
| Adobe Inc. | Accenture PLC | AppLovin Corp. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Datadog Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 28, 2025 | ||||||||||||||||
| Nov 29, 2024 | ||||||||||||||||
| Dec 1, 2023 | ||||||||||||||||
| Dec 2, 2022 | ||||||||||||||||
| Dec 3, 2021 | ||||||||||||||||
| Nov 27, 2020 | ||||||||||||||||
| Nov 29, 2019 | ||||||||||||||||
| Nov 30, 2018 | ||||||||||||||||
| Dec 1, 2017 | ||||||||||||||||
| Dec 2, 2016 | ||||||||||||||||
| Nov 27, 2015 | ||||||||||||||||
| Nov 28, 2014 | ||||||||||||||||
| Nov 29, 2013 | ||||||||||||||||
| Nov 30, 2012 | ||||||||||||||||
| Dec 2, 2011 | ||||||||||||||||
| Dec 3, 2010 | ||||||||||||||||
| Nov 27, 2009 | ||||||||||||||||
| Nov 28, 2008 | ||||||||||||||||
| Nov 30, 2007 | ||||||||||||||||
| Dec 1, 2006 | ||||||||||||||||
| Dec 2, 2005 |
Based on: 10-K (reporting date: 2025-11-28), 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
Comparison to Sector (Software & Services)
| Adobe Inc. | Software & Services | |
|---|---|---|
| Nov 28, 2025 | ||
| Nov 29, 2024 | ||
| Dec 1, 2023 | ||
| Dec 2, 2022 | ||
| Dec 3, 2021 | ||
| Nov 27, 2020 | ||
| Nov 29, 2019 | ||
| Nov 30, 2018 | ||
| Dec 1, 2017 | ||
| Dec 2, 2016 | ||
| Nov 27, 2015 | ||
| Nov 28, 2014 | ||
| Nov 29, 2013 | ||
| Nov 30, 2012 | ||
| Dec 2, 2011 | ||
| Dec 3, 2010 | ||
| Nov 27, 2009 | ||
| Nov 28, 2008 | ||
| Nov 30, 2007 | ||
| Dec 1, 2006 | ||
| Dec 2, 2005 |
Based on: 10-K (reporting date: 2025-11-28), 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).
Comparison to Industry (Information Technology)
| Adobe Inc. | Information Technology | |
|---|---|---|
| Nov 28, 2025 | ||
| Nov 29, 2024 | ||
| Dec 1, 2023 | ||
| Dec 2, 2022 | ||
| Dec 3, 2021 | ||
| Nov 27, 2020 | ||
| Nov 29, 2019 | ||
| Nov 30, 2018 | ||
| Dec 1, 2017 | ||
| Dec 2, 2016 | ||
| Nov 27, 2015 | ||
| Nov 28, 2014 | ||
| Nov 29, 2013 | ||
| Nov 30, 2012 | ||
| Dec 2, 2011 | ||
| Dec 3, 2010 | ||
| Nov 27, 2009 | ||
| Nov 28, 2008 | ||
| Nov 30, 2007 | ||
| Dec 1, 2006 | ||
| Dec 2, 2005 |
Based on: 10-K (reporting date: 2025-11-28), 10-K (reporting date: 2024-11-29), 10-K (reporting date: 2023-12-01), 10-K (reporting date: 2022-12-02), 10-K (reporting date: 2021-12-03), 10-K (reporting date: 2020-11-27), 10-K (reporting date: 2019-11-29), 10-K (reporting date: 2018-11-30), 10-K (reporting date: 2017-12-01), 10-K (reporting date: 2016-12-02), 10-K (reporting date: 2015-11-27), 10-K (reporting date: 2014-11-28), 10-K (reporting date: 2013-11-29), 10-K (reporting date: 2012-11-30), 10-K (reporting date: 2011-12-02), 10-K (reporting date: 2010-12-03), 10-K (reporting date: 2009-11-27), 10-K (reporting date: 2008-11-28), 10-K (reporting date: 2007-11-30), 10-K (reporting date: 2006-12-01), 10-K (reporting date: 2005-12-02).