Company / Gross Margin
Adobe Inc. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
89.3%
FY2025
5-year range
85.0% / 89.3%
FY2021-FY2025
Trend
+0.3%
vs FY2024
Sector context
#3 of 225
Information Technology
What the data says
Among 225 Information Technology companies, Adobe Inc. is in the top 1% for gross margin. Gross Margin has increased for 4 consecutive years, from 85.0% in FY2021 to 89.3% in FY2025.
Based on SEC 10-K filings.
89.3% in FY2025 with a 5-year CAGR of +2.5%. Ranks 3rd among 225 companies in Information Technology.
Remained stable around 89.3% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +2.7pp
- 5-Year Change
- +2.5pp
- 10-Year Change
- -
Sector benchmark
+66.5% above sector average
Key checks
Key Insights
- Adobe Inc.'s gross margin has grown for 4 consecutive years.
- In FY2025, gross margin increased 0.3% year-over-year.
- Currently 35.7pp above the Information Technology sector average.
- Lowest gross margin in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 3.30 (safe zone, above 2.9 threshold)
- Strong profit margin: 30.0%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 60.6%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 89.3% | +0.3% |
| FY2024 | 89.0% | +1.3% |
| FY2023 | 87.9% | +1.4% |
| FY2022 | 86.6% | +1.9% |
| FY2021 | 85.0% | -2.0% |
| FY2020 | 86.8% | +2.1% |
| FY2019 | 85.0% | -1.1% |
| FY2018 | 86.0% | -0.2% |
| FY2017 | 86.2% | +0.2% |
| FY2016 | 86.0% | +0.5% |
As of FY2025 · SEC Form 10-K · Last checked Jul 1, 2026