Adobe Inc. Earnings Recaps
Q1 2026
Mar 13, 2026
Adobe reported a robust Q1 for FY 2026, achieving $6.4 billion in revenue with a notable 11% year-over-year growth, while transitioning to an AI-centric business model under new leadership.
Key takeaways
- Surpassed 850 million monthly active users across Acrobat, Creative Cloud, Express, and Firefly, reflecting a 17% year-over-year increase.
- Non-GAAP earnings per share rose 19% year-over-year to $6.06, indicating solid profitability amidst expanding AI initiatives.
- Achieved over 30% year-over-year growth in Adobe Experience Platform (AEP) and related applications, showcasing strong demand for AI-driven enterprise solutions.
- Transitioning leadership as CEO Shantanu Narayen announces plans to retire, focusing on ensuring a smooth succession.
- Continued investment in AI-first products, including Adobe Firefly and Adobe GenStudio, signaling a commitment to capitalize on emerging market opportunities.
Q4 2025
Dec 11, 2025
Adobe reported a record revenue of $23.77 billion for fiscal 2025, propelled by innovative AI-driven technologies and a significant increase in digital media annual recurring revenue (ARR) to $19.2 billion.
Key takeaways
- Non-GAAP EPS reached $20.94, underscoring strong financial performance.
- Digital Media revenue grew 11% year-over-year, achieving $17.65 billion, with digital media ARR up by 11.5%.
- Significant user acquisition in generative AI, with credit consumption increasing threefold quarter-over-quarter.
- Ongoing expansion of AI capabilities, including integration of over 25 partner models and new offerings like Firefly Image five.
- Strategic acquisition of SEMRush announced, aimed at enhancing visibility and audience reach for brands.