Adobe Systems Incorporated (ADBE)
Gross profit margin
| Nov 30, 2024 | Nov 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Dec 2, 2022 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 19,147,000 | 19,147,000 | 17,055,000 | 17,055,000 | 15,441,000 |
| Revenue | US$ in thousands | 21,505,000 | 21,505,000 | 19,409,000 | 19,409,000 | 17,606,000 |
| Gross profit margin | 89.04% | 89.04% | 87.87% | 87.87% | 87.70% |
November 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $19,147,000K ÷ $21,505,000K
= 89.04%
The gross profit margin of Adobe Systems Incorporated has shown a steady and strong performance over the past few years. As of November 30, 2024, the company's gross profit margin stands at 89.04%, reflecting a consistent high level of profitability on its core business operations. This indicates that Adobe is effectively managing its production costs and generating significant revenue from its products and services. The trend of increasing gross profit margin over the years demonstrates Adobe's ability to maintain a competitive position in its industry and effectively convert sales into profits. Overall, Adobe's gross profit margin reflects a healthy financial performance and efficient cost management strategies.
Peer comparison
Nov 30, 2024