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Adobe (ADBE) gross margin by quarter

Adobe's gross margin was 88.7% in Q3 FY26 (third quarter fiscal 2026), -0.5 pts from Q2 FY26. Over the last 7 quarters it ranged from 88.7% (Q3 FY26) to 89.6% (Q1 FY26).

Adobe gross margin by quarterAdobe gross margin by quarter89.0%Q4 FY2489.1%Q2 FY2589.3%Q3 FY2589.5%Q4 FY2589.6%Q1 FY2689.2%Q2 FY2688.7%Q3 FY26
QuarterGross marginQ/QY/Y
Q3 FY2688.7%-0.5 pts-0.6 pts
Q2 FY2689.2%-0.4 pts+0.1 pts
Q1 FY2689.6%+0.1 pts—
Q4 FY2589.5%+0.2 pts+0.5 pts
Q3 FY2589.3%+0.1 pts—
Q2 FY2589.1%+0.1 pts—
Q4 FY2489.0%——

Q3 FY26 at a glance

Adobe, Q3 FY26: revenue $6.8B (+13% year over year), operating margin 34.8%, net earnings $1.8B, operating cash flow $2.5B. The chart follows the revenue to costs, profit and cash.

Questions

What is Adobe's gross margin?

Adobe's gross margin was 88.7% in Q3 FY26 (third quarter fiscal 2026), -0.5 pts from Q2 FY26.

How has Adobe's gross margin changed?

Over the last 7 quarters it ranged from 88.7% (Q3 FY26) to 89.6% (Q1 FY26).

Q3 FY26 results → · How Adobe makes money →