Adobe Inc.
359.91+2.11 (+0.59%)
Oct 28, 4:00:01 PM EDT · NasdaqGS · ADBE · USD
Key Stats
Market Cap
150.66BP/E (TTM)
22.45Basic EPS (TTM)
16.03Dividend Yield
0%Recent Filings
10-Q
Q3 FY2025 results
Adobe's Q3 FY2025 revenue climbed 11% y/y to $5.99B, fueled by 12% growth in Digital Media to $4.46B and 9% in Digital Experience to $1.48B, while gross margin held steady at 89%. Operating income rose 9% y/y to $2.17B, with diluted EPS up 11% to $4.18 on 424M shares, though y/y share count dipped due to aggressive buybacks. Cash from operations hit $6.87B YTD, down from $7.61B cash at FYE but supporting $8.81B in repurchases; total debt stands at $6.20B after issuing $2B in new notes and repaying $1.5B. No major M&A this quarter. Yet regulatory scrutiny over subscription practices lingers.
8-K
Adobe raises FY25 targets
Adobe reported record Q3 FY25 revenue of $5.99 billion, up 11% year-over-year, driven by 12% growth in Digital Media to $4.46 billion and 9% in Digital Experience to $1.48 billion. AI-influenced ARR topped $5 billion, fueling raised FY25 targets: total revenue to $23.65-$23.70 billion, Digital Media ARR growth to 11.3%, and non-GAAP EPS to $20.80-$20.85. RPO hit $20.44 billion. Momentum builds on AI innovation.
10-Q
Q2 FY2025 results
Adobe's Q2 FY2025 revenue climbed 11% y/y to $5.9B, fueled by 12% growth in Digital Media subscriptions to $4.3B and 11% in Digital Experience to $1.3B, while gross margin held steady at 89%. Operating income rose 12% y/y to $2.1B, with diluted EPS up 13% to $3.94 on 429M shares, reconciling neatly to net income of $1.7B. Cash from operations hit $4.7B YTD, down from $7.6B cash at year-start after $6.8B in repurchases, yet bolstered by $5.7B in cash equivalents and short-term investments against $6.2B long-term debt. No M&A this quarter, but AI innovations like Firefly drove customer uptake. Still, intensifying AI competition could pressure margins.
8-K
Adobe raises FY25 guidance
Adobe reported record Q2 fiscal 2025 revenue of $5.87 billion, up 11% year-over-year, driven by strong Digital Media growth at 11% and Digital Experience at 10%. The company raised its full-year revenue guidance to $23.50–$23.60 billion and non-GAAP EPS to $20.50–$20.70, crediting AI innovations that boost creativity across customer segments. Cash from operations hit $2.19 billion. Yet risks from macroeconomic conditions loom.
8-K
Adobe boosts equity plan reserve
Adobe's stockholders approved boosting the 2019 Equity Incentive Plan's share reserve by 7 million shares at the April 22, 2025 annual meeting, signaling strong support for talent retention amid tech talent wars. The board simultaneously amended bylaws to tighten proxy solicitation rules and align notice periods for 2026 proposals between December 23 and January 22. This fortifies governance. Yet dilution risks loom for shareholders.
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