Adobe Systems Incorporated (ADBE)

Net 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
Net income (ttm)	US$ in thousands	6,861,000	6,734,000	6,624,000	5,561,000	4,497,000	4,296,000	4,206,000	4,989,000	5,772,000	5,584,000	5,396,000	5,240,000	5,084,000	4,965,000	4,846,000	4,735,000	4,624,000	4,626,000	4,628,000	4,758,000
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
Net profit margin		30.72%	30.57%	30.48%	26.10%	21.33%	20.73%	20.56%	24.74%	29.04%	28.43%	27.80%	27.32%	26.84%	26.62%	26.39%	26.11%	25.81%	26.02%	26.24%	27.24%

February 28, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,861,000K ÷ $22,334,000K
= 30.72%

The net profit margin of Adobe Systems Incorporated has shown some fluctuations over the past few quarters. It was relatively stable around the mid to high 20% range from August 2022 to September 2023, ranging from 26.24% to 27.80%. However, there was a significant increase in the net profit margin from November 2023 to November 2024, with the margin reaching as high as 30.57%. This improvement may indicate effective cost management or revenue growth strategies during this period.

It is important to note that there was a notable drop in the net profit margin in the first quarter of 2024, with the margin declining to as low as 20.56%. This dip could potentially be attributed to various factors such as increased expenses or a decrease in revenue during that particular quarter.

In the most recent period, the net profit margin of Adobe Systems Incorporated rebounded to around 30.72% in February 2025, indicating a strong performance in terms of profitability.

Overall, while there have been fluctuations in Adobe's net profit margin over the analyzed period, the company has mostly maintained healthy margins, with occasional periods of significant improvement or decline. Investors and stakeholders may continue to monitor the company's financial performance to assess its profitability and sustainability in the future.