Adobe Inc

ADBE

Equity

ISIN null / Valor 903472

NASDAQ (2026-03-20)

USD 248.15+0.88%

Adobe Inc
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About company

Adobe Inc., a pioneering company in the digital software industry, has significantly shaped the landscape of digital creativity, document management, and digital marketing solutions over its 40-year history. The company is renowned for its comprehensive suite of products that cater to a wide range of users, from individual creatives and students to small businesses and large enterprises. Adobe's flagship offerings include the Adobe Creative Cloud, a collection of tools and services for digital content creation; Adobe Document Cloud, which facilitates document productivity and management; and Adobe Experience Cloud, designed to empower businesses with end-to-end digital marketing solutions. Additionally, Adobe is at the forefront of integrating artificial intelligence into its products through Adobe Sensei and Adobe Firefly, enhancing user experience with features that boost efficiency, creativity, and personalization. This strategic focus on innovation and AI underscores Adobe's commitment to driving the future of digital experiences.

Summarized from source with an LLMView SourceSector: Technology

Headline results

Q4 FY2025 revenue: $6.19B (+10% YoY). FY2025 revenue: $23.77B (+11% YoY). GAAP diluted EPS Q4: $4.45; FY: $16.70. Non‑GAAP diluted EPS Q4: $5.50; FY: $20.94.

Profitability

Q4 GAAP operating income: $2.26B; non‑GAAP operating income: ~$2.82B. FY GAAP operating income: $8.71B; FY non‑GAAP operating income: $10.99B.

Cash flow & capital returns

Record operating cash flow in FY2025: $10.03B. Q4 operating cash flow: $3.16B. Adobe repurchased ~7.2M shares in Q4 and ~30.8M shares in FY2025.

ARR, RPO and backlog

Total Adobe ARR exiting FY2025: $25.20B (11.5% YoY); Adobe revalued ending ARR to $25.66B entering FY2026 (FX-driven). Remaining Performance Obligations (RPO) at quarter end: $22.52B; current RPO (cRPO): 65%.

Segments

Digital Media Q4 revenue: $4.62B (+11% YoY); Digital Media ARR exiting year: $19.20B. Digital Experience Q4 revenue: $1.52B (+9% YoY); Digital Experience subscription revenue FY: $5.41B (+11% YoY).

Customer groups

Q4 total customer group subscription revenue: $5.96B (+12% YoY). Business Professionals & Consumers subscription revenue Q4: $1.72B (+15% YoY). Creative & Marketing Professionals subscription revenue Q4: $4.25B (+11% YoY).

FY2026 and Q1 FY2026 guidance

FY2026 targets: total revenue $25.90B–$26.10B; Total Adobe ending ARR growth ~10.2% YoY; GAAP EPS $17.90–$18.10; non‑GAAP EPS $23.30–$23.50. Q1 FY2026 targets: revenue $6.25B–$6.30B; GAAP EPS $4.55–$4.60; non‑GAAP EPS $5.85–$5.90.

Reporting changes & context

Beginning FY2026 Adobe will focus reporting and guidance on customer group subscription revenue and total company ending ARR YoY growth (while continuing to disclose subscription revenue for Digital Media and Digital Experience). Management cites AI momentum as a driver for targeted double‑digit ARR growth in FY2026.

Summarized from source with an LLMView Source

Key figures

-36.3%1Y

-31.6%3Y

-43.8%5Y

Performance

33.0%1Y

34.0%3Y

35.9%5Y

Volatility