ADBE
Adobe Inc.347.89
-3.26-0.93%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
147.57BP/E (TTM)
20.83Basic EPS (TTM)
16.70Dividend Yield
0%Recent Filings
8-K
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.
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