ADBE Q4 2025 Earnings — Income Statement Breakdown
For its Q4 2025 period (ending 2025-11-28), ADBE reported revenue of $6.2B, gross profit of $5.5B (89.5% gross margin), operating income of $2.3B, and net income of $1.9B (30.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ADBE was profitable; revenue grew 10.5% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +10.5% | +10.3% | −0.1 pp |
| Quarter over quarter | +3.4% | +4.7% | +0.4 pp |
Consensus estimate data is not available for this report.
ADBE Q4 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $6.2B | 100% |
| Cost of Revenue | −$649M | 10.5% |
| Gross Profit | $5.5B | 89.5% |
| Research & Development | −$1.1B | 17.7% |
| Selling, General & Administrative | −$2.1B | 34.7% |
| Other Operating Expenses | −$37M | 0.6% |
| Operating Income | $2.3B | 36.5% |
| Interest Expense | −$66M | 1.1% |
| Other Income, net | −$3M | 0.0% |
| Income Tax Expense | −$408M | 6.6% |
| Net Income | $1.9B | 30.0% |
Source: original SEC filing (filed 2025-12-10). Accession 0000796343-25-000135. Data normalized by EarningsFyi.