Adobe Systems Incorporated (ADBE)

Net 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
Net income (ttm)	US$ in thousands	4,753,000	5,309,000	4,962,000	4,737,000	4,756,000	4,813,000	4,889,000	4,827,000	4,822,000	5,839,000	5,582,000	5,566,000	5,260,000	3,862,000	3,700,000	3,233,000	2,952,000	2,778,240	2,651,531	2,681,698
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
Net profit margin		24.04%	27.77%	26.82%	26.32%	27.01%	28.00%	29.29%	29.90%	30.55%	38.67%	38.79%	40.68%	40.88%	31.06%	30.72%	27.72%	26.43%	26.10%	26.25%	28.07%

March 1, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,753,000K ÷ $19,775,000K
= 24.04%

The net profit margin of Adobe Systems Incorporated has shown some fluctuations over the past few quarters. From November 2019 to March 2021, the net profit margin remained relatively stable between 26% to around 31%. However, starting from June 2021, there was a significant increase in the net profit margin, reaching its peak at around 40.88% in March 2022.

Subsequently, there was a slight decrease in the net profit margin in the following quarters, although it remained relatively high compared to the earlier periods. The net profit margin ranged from 26.32% in March 2023 to 27.77% in December 2023. In the most recent quarter, the net profit margin stood at 24.04% as of March 2024.

Overall, Adobe Systems Incorporated has maintained a healthy net profit margin, indicative of its ability to effectively control costs and generate profit from its operations. The fluctuations in the net profit margin may be attributed to various factors such as changes in revenue, expenses, and overall business performance.