Filing Flows › Adobe (ADBE) › Operating margin
Adobe (ADBE) operating margin by quarter
Adobe's operating margin was 34.8% in Q3 FY26 (third quarter fiscal 2026), +1.0 pts from Q2 FY26. Over the last 7 quarters it ranged from 33.8% (Q2 FY26) to 37.8% (Q1 FY26).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 FY26 | 34.8% | +1.0 pts | -1.5 pts |
| Q2 FY26 | 33.8% | -4.0 pts | -2.1 pts |
| Q1 FY26 | 37.8% | +1.3 pts | — |
| Q4 FY25 | 36.5% | +0.2 pts | +1.6 pts |
| Q3 FY25 | 36.3% | +0.4 pts | — |
| Q2 FY25 | 35.9% | +1.0 pts | — |
| Q4 FY24 | 34.9% | — | — |
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 operating margin?
Adobe's operating margin was 34.8% in Q3 FY26 (third quarter fiscal 2026), +1.0 pts from Q2 FY26.
How has Adobe's operating margin changed?
Over the last 7 quarters it ranged from 33.8% (Q2 FY26) to 37.8% (Q1 FY26).