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Adobe Inc. (ADBE): verified earnings note
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FY2026 Q3 (CY2026 Q3, ended 2026-08-28) · press release: 8-K 0000796343-26-000147 · 10-Q/10-K · models: claude-sonnet-5-5 (writing), claude-haiku-5-5 (paragraph selection) · generated 2026-11-04
What happened
verified · source
Revenues · FY2026 Q3 (ended 2026-08-28) = $6.76B · filing 0000796343-26-000156revenue, period FY2026 Q3,
value 6.76 usd_billions, cites xbrl:Revenuesverified · source
EarningsPerShareDiluted · FY2026 Q3 (ended 2026-08-28) = $4.62 · filing 0000796343-26-000156eps_diluted, period FY2026 Q3,
value 4.62 usd_per_share, cites xbrl:EarningsPerShareDilutedverified · source
OperatingIncomeLoss · FY2026 Q3 (ended 2026-08-28) = $2.35B · filing 0000796343-26-000156operating_income, period FY2026 Q3,
value 2.354 usd_billions, cites xbrl:OperatingIncomeLossverified · source
•Adobe achieved record revenue of $6.76 billion in its third quarter of FY2026, which represents 13% year-over-year growth, or 12% in constant currency. Diluted earnings per share was $4.62 on a GAAP basis and $6.13 on a non-GAAP basis.
other, period FY2026 Q3,
value 6.13 usd_per_share, cites press_release:P19verified · source
NetCashProvidedByUsedInOperatingActivities · FY2026 Q3 (ended 2026-08-28) = $2.52B · derived: 9M YTD − 6M YTD · filing 0000796343-26-000156operating_cash_flow, period FY2026 Q3,
value 2.523 usd_billions, cites xbrl:NetCashProvidedByUsedInOperatingActivitiesWhat changed vs last quarter / last year
verified · source
Revenues · FY2026 Q3 (ended 2026-08-28) = $6.76B · filing 0000796343-26-000156Revenues · FY2025 Q3 (ended 2025-08-29) = $5.99B · filing 0000796343-26-000156revenue_yoy, period FY2026 Q3,
value 12.9 percent, cites xbrl:Revenuesverified · source
EarningsPerShareDiluted · FY2026 Q3 (ended 2026-08-28) = $4.62 · filing 0000796343-26-000156EarningsPerShareDiluted · FY2025 Q3 (ended 2025-08-29) = $4.18 · filing 0000796343-26-000156eps_diluted_yoy, period FY2026 Q3,
value 10.5 percent, cites xbrl:EarningsPerShareDilutedverified · source
NetIncomeLoss · FY2026 Q3 (ended 2026-08-28) = $1.83B · filing 0000796343-26-000156NetIncomeLoss · FY2025 Q3 (ended 2025-08-29) = $1.77B · filing 0000796343-26-000156net_income_yoy, period FY2026 Q3,
value 3.1 percent, cites xbrl:NetIncomeLossverified · source
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost · FY2026 Q3 (ended 2026-08-28) = $1.29B · filing 0000796343-26-000156ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost · FY2025 Q3 (ended 2025-08-29) = $1.09B · filing 0000796343-26-000156rnd_yoy, period FY2026 Q3,
value 18.4 percent, cites xbrl:ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCostverified · source
OperatingIncomeLoss · FY2026 Q3 (ended 2026-08-28) = $2.35B · filing 0000796343-26-000156Revenues · FY2026 Q3 (ended 2026-08-28) = $6.76B · filing 0000796343-26-000156operating_margin, period FY2026 Q3,
value 34.8 percent, cites xbrl:OperatingIncomeLossverified · source
RevenueRemainingPerformanceObligation · FY2026 Q3 (ended 2026-08-28) = $22.16B · filing 0000796343-26-000156RevenueRemainingPerformanceObligation · FY2026 Q2 (ended 2026-05-29) = $22.27B · filing 0000796343-26-000112rpo_qoq, period FY2026 Q3,
value 0.5 percent, cites xbrl:RevenueRemainingPerformanceObligationManagement's explanation and guidance
verified · source
"Adobe delivered double-digit revenue and EPS growth in Q3 and we're raising full year revenue and EPS targets," said Steve Day, senior vice president and interim CFO, Adobe. "We are expanding our user base through a freemium strategy and deepening engagement with agentic experiences to deliver long-term durable growth."
—, period —,
value we're raising full year revenue and EPS targets , cites press_release:P17verified · source
"Adobe delivered record Q3 results, reflecting the strength of our AI innovation, expanding customer reach and leadership across creativity, productivity and customer experience," said Shantanu Narayen, chair and CEO, Adobe. "Reaching a landmark of more than one billion monthly active users is a defining moment for Adobe, and I have confidence that Anil will build on this momentum to drive Adobe's next chapter of growth and innovation in the AI era."
—, period —,
value more than one billion monthly active users , cites press_release:P16verified · source
Total revenue | $6.80 billion to $6.85 billion Business Professionals & Consumers subscription revenue | $1.93 billion to $1.95 billion Creative & Marketing Professionals subscription revenue | $4.665 billion to $4.695 billion Earnings per share1 | GAAP: $4.65 to $4.70 | Non-GAAP: $6.30 to $6.35
other, period FY2026 Q4,
value 4.70 usd_per_share, cites press_release:P31verified · source
Total revenue | $6.80 billion to $6.85 billion Business Professionals & Consumers subscription revenue | $1.93 billion to $1.95 billion Creative & Marketing Professionals subscription revenue | $4.665 billion to $4.695 billion Earnings per share1 | GAAP: $4.65 to $4.70 | Non-GAAP: $6.30 to $6.35
other, period FY2026 Q4,
value 6.35 usd_per_share, cites press_release:P31sourced, not machine-verifiable · source
"Adobe delivered double-digit revenue and EPS growth in Q3 and we're raising full year revenue and EPS targets," said Steve Day, senior vice president and interim CFO, Adobe. "We are expanding our user base through a freemium strategy and deepening engagement with agentic experiences to deliver long-term durable growth."
—, period —,
value — , cites press_release:P17What to watch next quarter
verified · source
Total revenue | $6.80 billion to $6.85 billion Business Professionals & Consumers subscription revenue | $1.93 billion to $1.95 billion Creative & Marketing Professionals subscription revenue | $4.665 billion to $4.695 billion Earnings per share1 | GAAP: $4.65 to $4.70 | Non-GAAP: $6.30 to $6.35
other, period FY2026 Q4,
value 6.85 usd_billions, cites press_release:P31verified · source
Total revenue | $26.576 billion to $26.626 billion Business Professionals & Consumers subscription revenue | $7.470 billion to $7.490 billion Creative & Marketing Professionals subscription revenue | $18.242 billion to $18.272 billion Total Adobe ending ARR growth | 10.2% year over year Earnings per share2 | GAAP: $18.12 to $18.17 | Non-GAAP: $24.45 to $24.50
other, period FY2026,
value 10.2 percent, cites press_release:P34sourced, not machine-verifiable · source
• Adobe AI-first ARR grew more than 150% year over year
—, period —,
value — , cites press_release:P13sourced, not machine-verifiable · source
•Exiting the quarter, Remaining Performance Obligations ("RPO") were $22.16 billion, and Current Remaining Performance Obligations ("cRPO") were 67%.
—, period —,
value — , cites press_release:P23FY2026 Q2 (CY2026 Q2, ended 2026-05-29) · press release: 8-K 0000796343-26-000109 · 10-Q/10-K · models: claude-sonnet-5-5 (writing), claude-haiku-5-5 (paragraph selection) · generated 2026-11-04
What happened
verified · source
Revenues · FY2026 Q2 (ended 2026-05-29) = $6.62B · filing 0000796343-26-000112revenue, period FY2026 Q2,
value 6.618 usd_billions, cites xbrl:Revenuesverified · source
OperatingIncomeLoss · FY2026 Q2 (ended 2026-05-29) = $2.24B · filing 0000796343-26-000112operating_income, period FY2026 Q2,
value 2.238 usd_billions, cites xbrl:OperatingIncomeLossverified · source
EarningsPerShareDiluted · FY2026 Q2 (ended 2026-05-29) = $4.25 · filing 0000796343-26-000112eps_diluted, period FY2026 Q2,
value 4.25 usd_per_share, cites xbrl:EarningsPerShareDilutedverified · source
•Diluted earnings per share was $4.25 on a GAAP basis and $5.96 on a non-GAAP basis. GAAP results reflect a $0.17 per share non-cash goodwill impairment charge related to the Publishing & Advertising reporting unit.
other, period FY2026 Q2,
value 5.96 usd_per_share, cites press_release:P17verified · source
NetCashProvidedByUsedInOperatingActivities · FY2026 Q2 (ended 2026-05-29) = $2.17B · derived: 6M YTD − 3M YTD · filing 0000796343-26-000112operating_cash_flow, period FY2026 Q2,
value 2.165 usd_billions, cites xbrl:NetCashProvidedByUsedInOperatingActivitiesWhat changed vs last quarter / last year
verified · source
Revenues · FY2026 Q2 (ended 2026-05-29) = $6.62B · filing 0000796343-26-000112Revenues · FY2025 Q2 (ended 2025-05-30) = $5.87B · filing 0000796343-26-000112revenue_yoy, period FY2026 Q2,
value 12.7 percent, cites xbrl:Revenuesverified · source
OperatingIncomeLoss · FY2026 Q2 (ended 2026-05-29) = $2.24B · filing 0000796343-26-000112OperatingIncomeLoss · FY2025 Q2 (ended 2025-05-30) = $2.11B · filing 0000796343-26-000112operating_income_yoy, period FY2026 Q2,
value 6.1 percent, cites xbrl:OperatingIncomeLossverified · source
OperatingIncomeLoss · FY2026 Q2 (ended 2026-05-29) = $2.24B · filing 0000796343-26-000112OperatingIncomeLoss · FY2026 Q1 (ended 2026-02-27) = $2.42B · filing 0000796343-26-000056operating_income_qoq, period FY2026 Q2,
value 7.4 percent, cites xbrl:OperatingIncomeLossverified · source
SellingAndMarketingExpense · FY2026 Q2 (ended 2026-05-29) = $1.88B · filing 0000796343-26-000112SellingAndMarketingExpense · FY2025 Q2 (ended 2025-05-30) = $1.63B · filing 0000796343-26-000112sm_yoy, period FY2026 Q2,
value 15.9 percent, cites xbrl:SellingAndMarketingExpenseverified · source
RevenueRemainingPerformanceObligation · FY2026 Q2 (ended 2026-05-29) = $22.27B · filing 0000796343-26-000112RevenueRemainingPerformanceObligation · FY2025 Q2 (ended 2025-05-30) = $19.69B · filing 0000796343-25-000073rpo_yoy, period FY2026 Q2,
value 13.1 percent, cites xbrl:RevenueRemainingPerformanceObligationManagement's explanation and guidance
verified · source
"Adobe delivered record revenue of $6.62 billion in Q2 reflecting strong AI-driven demand across our customer groups and we are raising our full-year fiscal 2026 revenue and non-GAAP EPS targets on the strength of that performance," said Shantanu Narayen, chair and CEO, Adobe. "We are inspired to bring the magic of our new AI products to consumers, business professionals, creators, and marketers to deliver on our mission to Empower Everyone to Create."
—, period —,
value strong AI-driven demand across our customer groups , cites press_release:P14sourced, not machine-verifiable · source
•Diluted earnings per share was $4.25 on a GAAP basis and $5.96 on a non-GAAP basis. GAAP results reflect a $0.17 per share non-cash goodwill impairment charge related to the Publishing & Advertising reporting unit.
—, period —,
value — , cites press_release:P17verified · source
Total revenue | $6.67 billion to $6.72 billion Business Professionals & Consumers subscription revenue | $1.87 billion to $1.89 billion Creative & Marketing Professionals subscription revenue | $4.61 billion to $4.64 billion Earnings per share1 | GAAP: $4.40 to $4.45 | Non-GAAP: $6.05 to $6.10
other, period FY2026 Q3,
value 4.40 usd_per_share, cites press_release:P30verified · source
Total revenue | $26.50 billion to $26.60 billion Business Professionals & Consumers subscription revenue | $7.44 billion to $7.48 billion Creative & Marketing Professionals subscription revenue | $18.21 billion to $18.27 billion Total Adobe ending ARR growth | 10.2% year over year Earnings per share2 | GAAP: $17.90 to $18.00 | Non-GAAP: $24.35 to $24.45
other, period FY2026,
value 26.50 usd_billions, cites press_release:P33What to watch next quarter
verified · source
Total revenue | $6.67 billion to $6.72 billion Business Professionals & Consumers subscription revenue | $1.87 billion to $1.89 billion Creative & Marketing Professionals subscription revenue | $4.61 billion to $4.64 billion Earnings per share1 | GAAP: $4.40 to $4.45 | Non-GAAP: $6.05 to $6.10
other, period FY2026 Q3,
value 6.67 usd_billions, cites press_release:P30sourced, not machine-verifiable · source
Dan Durn, executive vice president and CFO of Adobe, is departing the company on June 15, 2026 to pursue a new professional opportunity. Steve Day, SVP of Corporate Finance and CFO of Adobe's Customer Experience Orchestration Business Unit, will serve as interim Chief Financial Officer, effective June 15, 2026. Mr. Day brings 20 years of financial leadership experience at Adobe to the Interim Chief Financial Officer role. Day will report directly to CEO and Chair Shantanu Narayen.
—, period —,
value — , cites press_release:P36sourced, not machine-verifiable · source
•AI-first ARR triples year over year and exceeds $500 million
—, period —,
value — , cites press_release:P12verified · source
1Targets assume non-GAAP operating margin of ~44.0%, GAAP tax rate of ~23.0%, non-GAAP tax rate of ~18.0% and diluted share count of ~395 million for third quarter FY2026.
other, period FY2026 Q3,
value 44.0 percent, cites press_release:P31FY2026 Q1 (CY2026 Q1, ended 2026-02-27) · press release: 8-K 0000796343-26-000048 · 10-Q/10-K · models: claude-sonnet-5-5 (writing), claude-haiku-5-5 (paragraph selection) · generated 2026-11-04
What happened
verified · source
Revenues · FY2026 Q1 (ended 2026-02-27) = $6.40B · filing 0000796343-26-000056revenue, period FY2026 Q1,
value 6.398 usd_billions, cites xbrl:Revenuesverified · source
OperatingIncomeLoss · FY2026 Q1 (ended 2026-02-27) = $2.42B · filing 0000796343-26-000056operating_income, period FY2026 Q1,
value 2.418 usd_billions, cites xbrl:OperatingIncomeLossverified · source
NetIncomeLoss · FY2026 Q1 (ended 2026-02-27) = $1.89B · filing 0000796343-26-000056net_income, period FY2026 Q1,
value 1.889 usd_billions, cites xbrl:NetIncomeLossverified · source
EarningsPerShareDiluted · FY2026 Q1 (ended 2026-02-27) = $4.60 · filing 0000796343-26-000056eps_diluted, period FY2026 Q1,
value 4.60 usd_per_share, cites xbrl:EarningsPerShareDilutedverified · source
•Adobe achieved record revenue of $6.40 billion in its first quarter of FY2026, which represents 12% year-over-year growth, or 11% in constant currency. Diluted earnings per share was $4.60 on a GAAP basis and $6.06 on a non-GAAP basis.
other, period FY2026 Q1,
value 6.06 usd_per_share, cites press_release:P18verified · source
NetCashProvidedByUsedInOperatingActivities · FY2026 Q1 (ended 2026-02-27) = $2.96B · filing 0000796343-26-000056operating_cash_flow, period FY2026 Q1,
value 2.958 usd_billions, cites xbrl:NetCashProvidedByUsedInOperatingActivitiesWhat changed vs last quarter / last year
verified · source
Revenues · FY2026 Q1 (ended 2026-02-27) = $6.40B · filing 0000796343-26-000056Revenues · FY2025 Q1 (ended 2025-02-28) = $5.71B · filing 0000796343-26-000056revenue_yoy, period FY2026 Q1,
value 12.0 percent, cites xbrl:Revenuesverified · source
EarningsPerShareDiluted · FY2026 Q1 (ended 2026-02-27) = $4.60 · filing 0000796343-26-000056EarningsPerShareDiluted · FY2025 Q1 (ended 2025-02-28) = $4.14 · filing 0000796343-26-000056eps_diluted_yoy, period FY2026 Q1,
value 11.1 percent, cites xbrl:EarningsPerShareDilutedverified · source
NetIncomeLoss · FY2026 Q1 (ended 2026-02-27) = $1.89B · filing 0000796343-26-000056NetIncomeLoss · FY2025 Q1 (ended 2025-02-28) = $1.81B · filing 0000796343-26-000056net_income_yoy, period FY2026 Q1,
value 4.3 percent, cites xbrl:NetIncomeLossverified · source
SellingAndMarketingExpense · FY2026 Q1 (ended 2026-02-27) = $1.71B · filing 0000796343-26-000056SellingAndMarketingExpense · FY2025 Q1 (ended 2025-02-28) = $1.50B · filing 0000796343-26-000056sm_yoy, period FY2026 Q1,
value 14.2 percent, cites xbrl:SellingAndMarketingExpenseverified · source
RevenueRemainingPerformanceObligation · FY2026 Q1 (ended 2026-02-27) = $22.22B · filing 0000796343-26-000056RevenueRemainingPerformanceObligation · FY2025 Q1 (ended 2025-02-28) = $19.69B · filing 0000796343-25-000059rpo_yoy, period FY2026 Q1,
value 12.8 percent, cites xbrl:RevenueRemainingPerformanceObligationverified · source
NetCashProvidedByUsedInOperatingActivities · FY2026 Q1 (ended 2026-02-27) = $2.96B · filing 0000796343-26-000056NetCashProvidedByUsedInOperatingActivities · FY2025 Q4 (ended 2025-11-28) = $3.16B · derived: full year − 9M YTD · filing 0000796343-26-000003operating_cash_flow_qoq, period FY2026 Q1,
value 6.4 percent, cites xbrl:NetCashProvidedByUsedInOperatingActivitiesManagement's explanation and guidance
mismatch · source
"Adobe delivered record Q1 results with AI-first ARR more than tripling year over year and subscription revenue growing 13 percent," said Shantanu Narayen, chair and CEO, Adobe. "Our mission to empower everyone to create represents an even larger opportunity as content powers all experiences in the AI era."
—, period —,
value Adobe delivered record Q1 results with AI-first ARR more than tripling year over year , cites press_release:P15verified · source
"Adobe delivered 13 percent subscription revenue growth and record Q1 cash flow of $2.96 billion," said Dan Durn, executive vice president and CFO, Adobe. "As we accelerate AI-powered capabilities across creativity, productivity and customer experience orchestration, Adobe is well positioned for continued profitable growth."
—, period —,
value well positioned for continued profitable growth , cites press_release:P16verified · source
Total revenue | $6.43 billion to $6.48 billion Business Professionals & Consumers subscription revenue | $1.80 billion to $1.82 billion Creative & Marketing Professionals subscription revenue | $4.41 billion to $4.44 billion Earnings per share1 | GAAP: $4.35 to $4.40 | Non-GAAP: $5.80 to $5.85
other, period FY2026 Q2,
value 4.35 usd_per_share, cites press_release:P31sourced, not machine-verifiable · source
In addition, Adobe is reaffirming previously issued FY2026 targets.
—, period —,
value — , cites press_release:P33sourced, not machine-verifiable · source
These targets factor in expectation for current macroeconomic conditions and do not include contributions from our pending acquisition of Semrush Holdings, Inc., subject to regulatory approvals and other customary closing conditions.
—, period —,
value — , cites press_release:P29What to watch next quarter
verified · source
Total revenue | $6.43 billion to $6.48 billion Business Professionals & Consumers subscription revenue | $1.80 billion to $1.82 billion Creative & Marketing Professionals subscription revenue | $4.41 billion to $4.44 billion Earnings per share1 | GAAP: $4.35 to $4.40 | Non-GAAP: $5.80 to $5.85
other, period FY2026 Q2,
value 6.43 usd_billions, cites press_release:P31verified · source
1Targets assume non-GAAP operating margin of ~44.5%, GAAP tax rate of ~22.5%, non-GAAP tax rate of ~18.0% and diluted share count of ~402 million for second quarter FY2026.
other, period FY2026 Q2,
value 44.5 percent, cites press_release:P32sourced, not machine-verifiable · source
Shantanu Narayen, who has served as CEO of Adobe for eighteen years, has decided to transition from his position as CEO after a successor has been appointed. Narayen will remain as Chair of the Board. The Board of Directors has appointed Frank Calderoni, Lead Independent Director of Adobe, as Chair to the special committee to direct the process that will consider both internal and external candidates.
—, period —,
value — , cites press_release:P35sourced, not machine-verifiable · source
These targets factor in expectation for current macroeconomic conditions and do not include contributions from our pending acquisition of Semrush Holdings, Inc., subject to regulatory approvals and other customary closing conditions.
—, period —,
value — , cites press_release:P29FY2025 Q4 (CY2025 Q4, ended 2025-11-28) · press release: 8-K 0000796343-25-000135 · 10-Q/10-K · models: claude-sonnet-5-5 (writing), claude-haiku-5-5 (paragraph selection) · generated 2026-11-04
What happened
verified · source
Revenues · FY2025 Q4 (ended 2025-11-28) = $6.19B · derived: full year − 9M YTD · filing 0000796343-26-000003revenue, period FY2025 Q4,
value 6.19 usd_billions, cites xbrl:Revenuesverified · source
OperatingIncomeLoss · FY2025 Q4 (ended 2025-11-28) = $2.26B · derived: full year − 9M YTD · filing 0000796343-26-000003operating_income, period FY2025 Q4,
value 2.26 usd_billions, cites xbrl:OperatingIncomeLossverified · source
NetIncomeLoss · FY2025 Q4 (ended 2025-11-28) = $1.86B · derived: full year − 9M YTD · filing 0000796343-26-000003net_income, period FY2025 Q4,
value 1.86 usd_billions, cites xbrl:NetIncomeLossverified · source
•Adobe achieved record revenue of $6.19 billion in its fourth quarter of FY2025, which represents 10% year-over-year growth as reported and in constant currency. Diluted earnings per share was $4.45 on a GAAP basis and $5.50 on a non-GAAP basis.
other, period FY2025 Q4,
value 5.50 usd_per_share, cites press_release:P17verified · source
NetCashProvidedByUsedInOperatingActivities · FY2025 Q4 (ended 2025-11-28) = $3.16B · derived: full year − 9M YTD · filing 0000796343-26-000003operating_cash_flow, period FY2025 Q4,
value 3.16 usd_billions, cites xbrl:NetCashProvidedByUsedInOperatingActivitiesverified · source
RevenueRemainingPerformanceObligation · FY2025 Q4 (ended 2025-11-28) = $22.52B · filing 0000796343-26-000003rpo, period FY2025 Q4,
value 22.52 usd_billions, cites xbrl:RevenueRemainingPerformanceObligationWhat changed vs last quarter / last year
verified · source
Revenues · FY2025 Q4 (ended 2025-11-28) = $6.19B · derived: full year − 9M YTD · filing 0000796343-26-000003Revenues · FY2024 Q4 (ended 2024-11-29) = $5.61B · derived: full year − 9M YTD · filing 0000796343-26-000003revenue_yoy, period FY2025 Q4,
value 10.5 percent, cites xbrl:Revenuesverified · source
OperatingIncomeLoss · FY2025 Q4 (ended 2025-11-28) = $2.26B · derived: full year − 9M YTD · filing 0000796343-26-000003OperatingIncomeLoss · FY2024 Q4 (ended 2024-11-29) = $1.96B · derived: full year − 9M YTD · filing 0000796343-26-000003operating_income_yoy, period FY2025 Q4,
value 15.5 percent, cites xbrl:OperatingIncomeLossverified · source
NetIncomeLoss · FY2025 Q4 (ended 2025-11-28) = $1.86B · derived: full year − 9M YTD · filing 0000796343-26-000003NetIncomeLoss · FY2024 Q4 (ended 2024-11-29) = $1.68B · derived: full year − 9M YTD · filing 0000796343-26-000003net_income_yoy, period FY2025 Q4,
value 10.3 percent, cites xbrl:NetIncomeLossverified · source
Revenues · FY2025 Q4 (ended 2025-11-28) = $6.19B · derived: full year − 9M YTD · filing 0000796343-26-000003Revenues · FY2025 Q3 (ended 2025-08-29) = $5.99B · filing 0000796343-26-000156revenue_qoq, period FY2025 Q4,
value 3.4 percent, cites xbrl:Revenuesverified · source
SellingAndMarketingExpense · FY2025 Q4 (ended 2025-11-28) = $1.73B · derived: full year − 9M YTD · filing 0000796343-26-000003SellingAndMarketingExpense · FY2024 Q4 (ended 2024-11-29) = $1.54B · derived: full year − 9M YTD · filing 0000796343-26-000003sm_yoy, period FY2025 Q4,
value 12.5 percent, cites xbrl:SellingAndMarketingExpenseverified · source
RevenueRemainingPerformanceObligation · FY2025 Q4 (ended 2025-11-28) = $22.52B · filing 0000796343-26-000003RevenueRemainingPerformanceObligation · FY2024 Q4 (ended 2024-11-29) = $19.96B · filing 0000796343-25-000004rpo_yoy, period FY2025 Q4,
value 12.8 percent, cites xbrl:RevenueRemainingPerformanceObligationManagement's explanation and guidance
verified · source
"Adobe's record FY2025 results reflect our growing importance in the global AI ecosystem and the rapid adoption of our AI-driven tools," said Shantanu Narayen, chair and CEO, Adobe. "By advancing our innovative generative and agentic platforms and expanding our customer base, we are excited to target double-digit ARR growth in FY2026."
—, period —,
value Adobe's record FY2025 results reflect our growing importance in the global AI ecosystem and the rapid adoption of our AI-driven tools, , cites press_release:P14sourced, not machine-verifiable · source
Total revenue | $25.90 billion to $26.10 billion Business Professionals & Consumers subscription revenue | $7.35 billion to $7.40 billion Creative & Marketing Professionals subscription revenue | $17.75 billion to $17.90 billion Total Adobe ending ARR growth | 10.2% year over year Earnings per share | GAAP: $17.90 to $18.10 | Non-GAAP: $23.30 to $23.50
—, period —,
value — , cites press_release:P48verified · source
Total revenue | $25.90 billion to $26.10 billion Business Professionals & Consumers subscription revenue | $7.35 billion to $7.40 billion Creative & Marketing Professionals subscription revenue | $17.75 billion to $17.90 billion Total Adobe ending ARR growth | 10.2% year over year Earnings per share | GAAP: $17.90 to $18.10 | Non-GAAP: $23.30 to $23.50
other, period FY2026,
value 10.2 percent, cites press_release:P48sourced, not machine-verifiable · source
Total revenue | $6.25 billion to $6.30 billion Business Professionals & Consumers subscription revenue | $1.74 billion to $1.76 billion Creative & Marketing Professionals subscription revenue | $4.30 billion to $4.33 billion Earnings per share | GAAP: $4.55 to $4.60 | Non-GAAP: $5.85 to $5.90
—, period —,
value — , cites press_release:P51sourced, not machine-verifiable · source
These targets factor in expectation for current macroeconomic conditions and do not include any contributions from Semrush Holdings, Inc., subject to regulatory approvals and other customary closing conditions.
—, period —,
value — , cites press_release:P46What to watch next quarter
sourced, not machine-verifiable · source
Total revenue | $6.25 billion to $6.30 billion Business Professionals & Consumers subscription revenue | $1.74 billion to $1.76 billion Creative & Marketing Professionals subscription revenue | $4.30 billion to $4.33 billion Earnings per share | GAAP: $4.55 to $4.60 | Non-GAAP: $5.85 to $5.90
—, period —,
value — , cites press_release:P51sourced, not machine-verifiable · source
Beginning in FY2026, we will implement reporting and guidance changes. Our reporting and guidance will focus on customer group subscription revenue and total company ending ARR year-over-year growth, while also guiding on total Adobe revenue and EPS. We will continue to report subscription revenue for Digital Media and Digital Experience as supplemental disclosures.
—, period —,
value — , cites press_release:P43sourced, not machine-verifiable · source
We revalued ending ARR at the end of FY2025 which resulted in a $460 million increase to Total Adobe ARR, from $25.20 billion to $25.66 billion entering FY2026, primarily from foreign exchange rate changes. We now provide historical information on Total Adobe ARR going back to FY2023 in our investor data sheet.
—, period —,
value — , cites press_release:P45sourced, not machine-verifiable · source
These targets factor in expectation for current macroeconomic conditions and do not include any contributions from Semrush Holdings, Inc., subject to regulatory approvals and other customary closing conditions.
—, period —,
value — , cites press_release:P46FY2025 Q3 (CY2025 Q3, ended 2025-08-29) · press release: 8-K 0000796343-25-000102 · 10-Q/10-K · models: claude-sonnet-5-5 (writing), claude-haiku-5-5 (paragraph selection) · generated 2026-11-04
What happened
verified · source
Revenues · FY2025 Q3 (ended 2025-08-29) = $5.99B · filing 0000796343-26-000156revenue, period FY2025 Q3,
value 5.99 usd_billions, cites xbrl:Revenuesverified · source
OperatingIncomeLoss · FY2025 Q3 (ended 2025-08-29) = $2.17B · filing 0000796343-26-000156operating_income, period FY2025 Q3,
value 2.17 usd_billions, cites xbrl:OperatingIncomeLossverified · source
EarningsPerShareDiluted · FY2025 Q3 (ended 2025-08-29) = $4.18 · filing 0000796343-26-000156eps_diluted, period FY2025 Q3,
value 4.18 usd_per_share, cites xbrl:EarningsPerShareDilutedverified · source
•Adobe achieved record revenue of $5.99 billion in its third quarter of fiscal year 2025, which represents 11 percent year-over-year growth, or 10 percent in constant currency. Diluted earnings per share was $4.18 on a GAAP basis and $5.31 on a non-GAAP basis.
other, period FY2025 Q3,
value 5.31 usd_per_share, cites press_release:P16verified · source
NetCashProvidedByUsedInOperatingActivities · FY2025 Q3 (ended 2025-08-29) = $2.20B · derived: 9M YTD − 6M YTD · filing 0000796343-26-000156operating_cash_flow, period FY2025 Q3,
value 2.20 usd_billions, cites xbrl:NetCashProvidedByUsedInOperatingActivitiesWhat changed vs last quarter / last year
verified · source
Revenues · FY2025 Q3 (ended 2025-08-29) = $5.99B · filing 0000796343-26-000156Revenues · FY2024 Q3 (ended 2024-08-30) = $5.41B · filing 0000796343-25-000107revenue_yoy, period FY2025 Q3,
value 10.7 percent, cites xbrl:Revenuesverified · source
EarningsPerShareDiluted · FY2025 Q3 (ended 2025-08-29) = $4.18 · filing 0000796343-26-000156EarningsPerShareDiluted · FY2024 Q3 (ended 2024-08-30) = $3.76 · filing 0000796343-25-000107eps_diluted_yoy, period FY2025 Q3,
value 11.2 percent, cites xbrl:EarningsPerShareDilutedverified · source
SellingAndMarketingExpense · FY2025 Q3 (ended 2025-08-29) = $1.64B · filing 0000796343-26-000156SellingAndMarketingExpense · FY2024 Q3 (ended 2024-08-30) = $1.43B · filing 0000796343-25-000107sm_yoy, period FY2025 Q3,
value 14.5 percent, cites xbrl:SellingAndMarketingExpenseverified · source
RevenueRemainingPerformanceObligation · FY2025 Q3 (ended 2025-08-29) = $20.44B · filing 0000796343-25-000107RevenueRemainingPerformanceObligation · FY2024 Q3 (ended 2024-08-30) = $18.14B · filing 0000796343-24-000208rpo_yoy, period FY2025 Q3,
value 12.7 percent, cites xbrl:RevenueRemainingPerformanceObligationverified · source
Revenues · FY2025 Q3 (ended 2025-08-29) = $5.99B · filing 0000796343-26-000156Revenues · FY2025 Q2 (ended 2025-05-30) = $5.87B · filing 0000796343-26-000112revenue_qoq, period FY2025 Q3,
value 2.0 percent, cites xbrl:RevenuesManagement's explanation and guidance
mismatch · source
"Adobe is the leader in the AI creative applications category with AI-influenced ARR surpassing $5 billion and AI-first ARR already exceeding our $250 million year-end target," said Shantanu Narayen, chair and CEO, Adobe. "Given our customer strategy, AI product innovation and strong go-to-market execution, we're pleased to once again raise our FY25 total revenue and EPS targets."
—, period —,
value Adobe is the leader in the AI creative applications category , cites press_release:P13verified · source
"Adobe delivered record Q3 revenue, with strength in subscription revenue across both Digital Media and Digital Experience segments," said Dan Durn, executive vice president and CFO, Adobe. "We're raising our FY25 total revenue and EPS targets as we execute against our growth strategy to deliver category leading and AI-infused solutions to meet the diverse needs of our customers."
—, period —,
value record Q3 revenue , cites press_release:P14sourced, not machine-verifiable · source
Total revenue | $6.075 billion to $6.125 billion Digital Media segment revenue | $4.53 billion to $4.56 billion Digital Experience segment revenue | $1.495 billion to $1.515 billion Digital Experience subscription revenue | $1.395 billion to $1.410 billion Earnings per share | GAAP: $4.27 to $4.32 | Non-GAAP: $5.35 to $5.40
—, period —,
value — , cites press_release:P29verified · source
Total revenue | $23.65 billion to $23.70 billion Digital Media segment revenue | $17.56 billion to $17.59 billion Digital Media ending ARR growth | 11.3% year over year Digital Experience segment revenue | $5.84 billion to $5.86 billion Digital Experience subscription revenue | $5.39 billion to $5.41 billion Earnings per share | GAAP: $16.53 to $16.58 | Non-GAAP: $20.80 to $20.85
other, period FY2025 Q4,
value 20.80 usd_per_share, cites press_release:P32verified · source
Total revenue | $23.65 billion to $23.70 billion Digital Media segment revenue | $17.56 billion to $17.59 billion Digital Media ending ARR growth | 11.3% year over year Digital Experience segment revenue | $5.84 billion to $5.86 billion Digital Experience subscription revenue | $5.39 billion to $5.41 billion Earnings per share | GAAP: $16.53 to $16.58 | Non-GAAP: $20.80 to $20.85
other, period FY2025 Q4,
value 11.3 percent, cites press_release:P32What to watch next quarter
verified · source
Total revenue | $6.075 billion to $6.125 billion Digital Media segment revenue | $4.53 billion to $4.56 billion Digital Experience segment revenue | $1.495 billion to $1.515 billion Digital Experience subscription revenue | $1.395 billion to $1.410 billion Earnings per share | GAAP: $4.27 to $4.32 | Non-GAAP: $5.35 to $5.40
other, period FY2025 Q4,
value 6.075 usd_billions, cites press_release:P29sourced, not machine-verifiable · source
Total revenue | $6.075 billion to $6.125 billion Digital Media segment revenue | $4.53 billion to $4.56 billion Digital Experience segment revenue | $1.495 billion to $1.515 billion Digital Experience subscription revenue | $1.395 billion to $1.410 billion Earnings per share | GAAP: $4.27 to $4.32 | Non-GAAP: $5.35 to $5.40
—, period —,
value — , cites press_release:P29verified · source
1Targets assume non-GAAP operating margin of ~45.5 percent, non-GAAP tax rate of ~18.5 percent and diluted share count of ~418 million for fourth quarter fiscal year 2025.
other, period FY2025 Q4,
value 45.5 percent, cites press_release:P30sourced, not machine-verifiable · source
"Adobe is the leader in the AI creative applications category with AI-influenced ARR surpassing $5 billion and AI-first ARR already exceeding our $250 million year-end target," said Shantanu Narayen, chair and CEO, Adobe. "Given our customer strategy, AI product innovation and strong go-to-market execution, we're pleased to once again raise our FY25 total revenue and EPS targets."
—, period —,
value — , cites press_release:P13