Adobe Systems Incorporated (ADBE)

Gross profit margin

		Feb 28, 2025	Nov 30, 2024	Nov 29, 2024	Aug 31, 2024	Aug 30, 2024	May 31, 2024	Mar 1, 2024	Feb 29, 2024	Dec 1, 2023	Nov 30, 2023	Sep 1, 2023	Aug 31, 2023	Jun 2, 2023	May 31, 2023	Mar 3, 2023	Feb 28, 2023	Dec 2, 2022	Nov 30, 2022	Sep 2, 2022	Aug 31, 2022
Gross profit (ttm)	US$ in thousands	19,926,000	19,688,000	19,367,000	18,969,000	18,665,000	18,225,000	17,970,000	17,688,000	17,448,000	17,278,000	17,108,000	16,885,000	16,662,000	16,375,000	16,088,000	15,888,000	15,688,000	15,578,000	15,468,000	15,331,000
Revenue (ttm)	US$ in thousands	22,334,000	22,028,000	21,731,000	21,307,000	21,081,000	20,721,000	20,460,000	20,168,000	19,876,000	19,644,000	19,412,000	19,177,000	18,942,000	18,651,000	18,360,000	18,138,000	17,916,000	17,777,000	17,638,000	17,467,000
Gross profit margin		89.22%	89.38%	89.12%	89.03%	88.54%	87.95%	87.83%	87.70%	87.78%	87.96%	88.13%	88.05%	87.96%	87.80%	87.63%	87.60%	87.56%	87.63%	87.70%	87.77%

February 28, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $19,926,000K ÷ $22,334,000K
= 89.22%

Adobe Systems Incorporated has shown a consistently high gross profit margin over the past few years, averaging around 87-89%. The trend indicates that the company is effectively managing its production costs and generating strong revenues from its products and services.

The gross profit margin has shown slight fluctuations over the time period provided, with some minor variations between 87.56% to 89.38%. This suggests that Adobe has been able to maintain a stable and healthy level of profitability in its operations.

The highest gross profit margin was observed on August 31, 2024, at 89.03%, followed closely by November 30, 2024, at 89.38%. These figures indicate that Adobe was able to efficiently control its cost of goods sold, resulting in higher profitability during those periods.

Overall, the upward trend in the gross profit margin from August 31, 2022, to February 28, 2025, reflects Adobe's ability to effectively manage its costs and maximize revenues, ultimately enhancing its profitability.