| Stage | ADBE | % of rev | MSFT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $6.8B | 100.00% | $92.3B | 100.00% | MSFT ×13.65 |
| Gross profit | $6.0B | 88.71% | $62.6B | 67.79% | ADBE +20.9pp |
| Operating income | $2.4B | 34.82% | $45.9B | 49.76% | MSFT +14.9pp |
| Pre-tax income | $2.4B | 34.87% | $46.0B | 49.80% | MSFT +14.9pp |
| Net income | $1.8B | 27.03% | $36.6B | 39.69% | MSFT +12.7pp |
| Stage | ADBE | MSFT | Gap · A − B |
|---|---|---|---|
| Revenue | $6.8B100.00% | $92.3B100.00% | MSFT ×13.65 |
| Gross profit | 88.71%$6.0B | 67.79%$62.6B | ADBE +20.9pp |
| Operating income | 34.82%$2.4B | 49.76%$45.9B | MSFT +14.9pp |
| Pre-tax income | 34.87%$2.4B | 49.80%$46.0B | MSFT +14.9pp |
| Net income |
| 27.03%$1.8B |
| 39.69%$36.6B |
| MSFT +12.7pp |
ADBE · KRC 10-KFeb 13 '25
“4 Adobe Systems, Inc. San Francisco Bay Area / Seattle 27,897 522,879 3.5% 3.1% 2027 / 2031 6.4”
MSFT · KRC 10-KFeb 13 '25
“5 LinkedIn Corporation / Microsoft Corporation San Francisco Bay Area 26,142 587,429 3.3% 3.4% 2026 1.7”
ADBE · DLB 10-KNov 18 '25
“Access Advance entered into 32 new licenses for its HEVC program, including licenses with HP, TCL and Adobe.”
MSFT · DLB 10-KNov 18 '25
“In October 2025, Microsoft and Google joined Via LA's HEVC/VVC patent pool as licensees.”
ADBE · DV 10-KFeb 26 '26
“● Demand-Side Platforms : Amazon, Google, The Trade Desk, Yahoo, Nexxen, Infillion, Adobe, StackAdapt”
MSFT · DV 10-KFeb 26 '26
“● Ad Servers and Ratings/Workflow Platforms : Innovid, Google, MediaOcean Prisma, Amazon and Microsoft”
ADBE · INGM 10-KMar 3 '26
“Vendors on the platform include Proofpoint, Amazon Web Services, Microsoft, Cisco and Adobe.”
MSFT · INGM 10-KMar 3 '26
“Our vendors include many of the largest tech companies, including Advanced Micro Devices, Apple, Amazon Web Services (AWS), Cisco, Dell Technologies, Hewlett Packard Enterprise, HP Inc., Lenovo, Microsoft, NVIDIA and Super Micro Computer.”