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Adobe Inc. (ADBE) stock

ADBENasdaqServices-Prepackaged SoftwareFiscal year ends November 27
Financials through Q3 FY2026, quarter ended Aug 28, 2026Last filing: 10-Q on Sep 22, 2026Score 20/3056% below fair value
$250.23+2.11 (+0.85%)

Close on Oct 30, 2026Market cap $97.39BP/E 14.0Yield –

Earnings

Adobe's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Dec 9, 2026
Q4 FY2026 · estimated, during market hours
Revenue, Q3 FY2026
$6.76B
+12.9% on a year earlier
non-GAAP diluted earnings per share, Q3 FY2026
$6.13
$5.31 a year earlier
Latest guidance
Raised
Sep 10, 2026 · 15 items

Quarterly results

Revenue and earnings per share from each of Adobe's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Nov 28, 2026Dec 9, 2026Expected–––––
Q3 FY2026ended Aug 28, 2026Sep 10, 2026during market hours$6.76B+12.9%$4.62$6.13Release
Q2 FY2026ended May 29, 2026Jun 11, 2026during market hours$6.62B+12.8%$4.25$5.96Release
Q1 FY2026ended Feb 27, 2026Mar 12, 2026during market hours$6.40B+12.1%$4.60$6.06Release
Q4 FY2025ended Nov 28, 2025Dec 10, 2025during market hours$6.19B+10.3%$4.45$5.50Release
Q3 FY2025ended Aug 29, 2025Sep 11, 2025during market hours$5.99B+10.7%$4.18$5.31Release
Q2 FY2025ended May 30, 2025Jun 12, 2025during market hours$5.87B+10.5%$3.94$5.06Release
Q1 FY2025ended Feb 28, 2025Mar 12, 2025during market hours$5.71B+10.2%$4.14$5.08Release
Q4 FY2024ended Nov 29, 2024Dec 11, 2024during market hours$5.61B+11.1%$3.79$4.81Release
Q3 FY2024ended Aug 30, 2024Sep 12, 2024during market hours$5.41B+10.6%$3.76$4.65Release
Q2 FY2024ended May 31, 2024Jun 13, 2024during market hours$5.31B+10.2%$3.49$4.48Release
Q1 FY2024ended Mar 1, 2024Mar 14, 2024during market hours$5.18B+11.2%$1.36$4.48Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Adobe's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Total revenueQ4 FY2026$6.80B – $6.85B–NewSep 10, 2026
GAAP operating marginGAAPQ4 FY202634%–NewSep 10, 2026
Non-GAAP operating marginnon-GAAPQ4 FY202644%–NewSep 10, 2026
Earnings per share GAAPGAAPQ4 FY2026$4.65 – $4.70–NewSep 10, 2026
Earnings per share Non-GAAPnon-GAAPQ4 FY2026$6.30 – $6.35–NewSep 10, 2026
Total revenueFY2026$26.58B – $26.63B$25.90B – $26.10BRaisedSep 10, 2026
GAAP operating marginGAAPFY202635%36%LoweredSep 10, 2026
Non-GAAP operating marginnon-GAAPFY202645%45%ReaffirmedSep 10, 2026
Earnings per share GAAPGAAPFY2026$18.12 – $18.17$17.90 – $18.00RaisedSep 10, 2026
Earnings per share Non-GAAPnon-GAAPFY2026$24.45 – $24.50$24.35 – $24.45RaisedSep 10, 2026
Business Professionals & Consumers subscription revenueFY2026$7.35B – $7.40B–NewDec 10, 2025
Creative & Marketing Professionals subscription revenueFY2026$17.75B – $17.90B–RaisedDec 10, 2025
Total Adobe ending ARR growthFY2026+10.2%+10.2%ReaffirmedSep 10, 2026

Guidance vs results

The last range Adobe gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
Q3 FY2026EPS (GAAP)$4.40 – $4.45$4.62Above range
Q3 FY2026Non-GAAP Diluted net income per share$6.05 – $6.10$6.13Above range
Q2 FY2026EPS (GAAP)$4.35 – $4.40$4.25Below range
Q2 FY2026Non-GAAP diluted net income per share$5.80 – $5.85$5.96Above range
Q1 FY2026Earnings per share$5.85 – $5.90$6.06Above range
Q1 FY2026EPS (GAAP)$4.55 – $4.60$4.60Within range
Q1 FY2026Revenue$6.25B – $6.30B$6.40BAbove range
FY2025Diluted net income per share$20.80 – $20.85$20.95Σ4QAbove range
FY2025EPS (GAAP)$16.53 – $16.58$16.71Σ4QAbove range
Q4 FY2025Diluted net income per share$5.35 – $5.40$5.50Above range
Q4 FY2025EPS (GAAP)$4.27 – $4.32$4.45Above range
Q3 FY2025Earnings per share Non-GAAP$5.15 – $5.20$5.31Above range

Guidance history

Every forecast Adobe put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Sep 10, 2026Earnings per share Non-GAAPFY2026$24.45 – $24.50Raised
Sep 10, 2026Earnings per share Non-GAAPQ4 FY2026$6.30 – $6.35New
Sep 10, 2026Earnings per share GAAPFY2026$18.12 – $18.17Raised
Sep 10, 2026Earnings per share GAAPQ4 FY2026$4.65 – $4.70New
Sep 10, 2026GAAP operating marginFY202635%Lowered
Sep 10, 2026Non-GAAP operating marginFY202645%Reaffirmed
Sep 10, 2026GAAP operating marginQ4 FY202634%New
Sep 10, 2026Non-GAAP operating marginQ4 FY202644%New
Sep 10, 2026Total Adobe ending ARR growthFY2026+10.2%Reaffirmed
Sep 10, 2026Total revenueFY2026$26.58B – $26.63BRaised
Sep 10, 2026Business Professionals & Consumers subscription revenueFY2026$7.47B – $7.49BLowered
Sep 10, 2026Creative & Marketing Professionals subscription revenueFY2026$18.24B – $18.27BRaised
Sep 10, 2026Total revenueQ4 FY2026$6.80B – $6.85BNew
Sep 10, 2026Business Professionals & Consumers subscription revenueQ4 FY2026$1.93B – $1.95BLowered
Sep 10, 2026Creative & Marketing Professionals subscription revenueQ4 FY2026$4.67B – $4.70BRaised
Jun 11, 2026Non-GAAP Diluted net income per shareFY2026$24.35 – $24.45Raised
Jun 11, 2026Non-GAAP Diluted net income per shareQ3 FY2026$6.05 – $6.10New
Jun 11, 2026GAAP Diluted net income per shareFY2026$17.90 – $18.00Lowered
Jun 11, 2026GAAP Diluted net income per shareQ3 FY2026$4.40 – $4.45New
Mar 12, 2026Non-GAAP diluted net income per shareQ2 FY2026$5.80 – $5.85New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Adobe filed with the SEC as exhibits to Form 8-K or 6-K

  1. Results
  2. Update
  3. Results
  4. News
  5. Results
  6. Results
  7. Results
  8. Results
  9. Results
  10. Results
  11. Results
  12. Results
  13. Results
  14. Results
  15. Results