Adobe Systems Incorporated (ADBE)
Gross profit margin
| Mar 1, 2024 | Dec 1, 2023 | Sep 1, 2023 | Mar 3, 2023 | Dec 2, 2022 | Sep 2, 2022 | Jun 3, 2022 | Mar 4, 2022 | Dec 3, 2021 | Sep 3, 2021 | Jun 4, 2021 | Mar 5, 2021 | Nov 27, 2020 | Aug 28, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 17,403,000 | 16,768,000 | 16,241,000 | 15,778,000 | 15,441,000 | 15,087,000 | 14,668,000 | 14,212,000 | 13,920,000 | 13,313,000 | 12,643,000 | 11,965,000 | 11,146,000 | 10,690,000 | 10,310,000 | 9,934,000 | 9,499,000 | 9,064,360 | 8,641,940 | 8,218,960 |
| Revenue (ttm) | US$ in thousands | 19,775,000 | 19,118,000 | 18,503,000 | 17,999,000 | 17,606,000 | 17,191,000 | 16,693,000 | 16,142,000 | 15,785,000 | 15,099,000 | 14,389,000 | 13,682,000 | 12,868,000 | 12,436,000 | 12,045,000 | 11,661,000 | 11,171,000 | 10,643,620 | 10,100,700 | 9,552,060 |
| Gross profit margin | 88.01% | 87.71% | 87.77% | 87.66% | 87.70% | 87.76% | 87.87% | 88.04% | 88.18% | 88.17% | 87.87% | 87.45% | 86.62% | 85.96% | 85.60% | 85.19% | 85.03% | 85.16% | 85.56% | 86.04% |
March 1, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $17,403,000K ÷ $19,775,000K
= 88.01%
The gross profit margin of Adobe Systems Incorporated has demonstrated a generally stable trend over the reported periods. The margins have consistently remained high, ranging from 85.03% to 88.18%. The company's ability to generate significant gross profits relative to its revenue is evident from these figures.
The highest gross profit margin of 88.18% was recorded in December 1, 2021, and the lowest margin of 85.03% was noted in February 28, 2020. Despite some fluctuations, the margins have maintained a strong position above 85% for most periods, indicating efficient cost management and pricing strategies.
Overall, Adobe Systems Incorporated's gross profit margin analysis reflects a strong and consistent performance in generating profits from its core business activities. This stable and high margin suggests that the company has been successful in controlling costs, optimizing its production processes, and maintaining competitive pricing in the market.
Peer comparison
Mar 1, 2024
See also:
Adobe Systems Incorporated Gross Profit Margin (Quarterly Data)