ADBE Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2025-02-28), ADBE reported revenue of $5.7B, gross profit of $5.1B (89.1% gross margin), operating income of $2.2B, and net income of $1.8B (31.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ADBE was profitable; revenue grew 10.3% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +10.3% | +192.1% | +19.7 pp |
| Quarter over quarter | +1.9% | +7.6% | +1.7 pp |
Consensus estimate data is not available for this report.
ADBE Q1 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $5.7B | 100% |
| Cost of Revenue | −$622M | 10.9% |
| Gross Profit | $5.1B | 89.1% |
| Research & Development | −$1.0B | 18.0% |
| Selling, General & Administrative | −$1.9B | 32.6% |
| Other Operating Expenses | −$41M | 0.7% |
| Operating Income | $2.2B | 37.9% |
| Interest Expense | −$62M | 1.1% |
| Other Income, net | $19M | 0.3% |
| Income Tax Expense | −$371M | 6.5% |
| Net Income | $1.8B | 31.7% |
Source: original SEC filing (filed 2025-03-12). Accession 0000796343-25-000052. Data normalized by EarningsFyi.