Adobe's earnings call highlighted robust growth driven by record revenue, strong AI integration, and high customer adoption. However, there are challenges related to competitive pressures in the AI space and the need for continued customer education on new AI technologies.

Company Guidance

During Adobe's Q3 FY '25 earnings call, the company reported strong financial performance with record revenue of $5.99 billion, reflecting a 10% year-over-year growth. GAAP earnings per share stood at $4.18, while non-GAAP earnings per share reached $5.31, marking a 14% increase year-over-year. The call highlighted Adobe's strategic focus on AI integration across its applications, noting that AI-influenced ARR surpassed $5 billion, and AI-first products exceeded their full-year target. The company also saw significant growth in Digital Media and Digital Experience segments, with Digital Media revenue of $4.46 billion and ARR of $18.59 billion, growing 11.7% year-over-year. Digital Experience revenue was $1.48 billion, with subscription growth of 11% year-over-year. Adobe raised its FY '25 revenue and EPS targets based on this momentum, projecting total revenue between $23.65 billion and $23.70 billion and non-GAAP EPS of $20.80 to $20.85.

Record Revenue Performance

Adobe achieved record revenue of $5.99 billion, representing a 10% year-over-year growth.

Strong AI Integration and Innovation

AI-influenced ARR surpassed $5 billion, with new AI-first products achieving the end-of-year target of over $250 million.

Digital Media Segment Growth

Digital Media revenue reached $4.46 billion with an ending ARR of $18.59 billion, growing 11.7% year-over-year.

Digital Experience Segment Expansion

Digital Experience achieved $1.48 billion in revenue with a 9% year-over-year growth and subscription revenue growing 11%.

High Customer Adoption and Engagement

Strong adoption of new offerings like Acrobat Studio and Firefly, with MAUs for Acrobat and Express growing approximately 25% year-over-year.

Adobe (ADBE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ADBE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 11, 2025	2025 (Q4)	5.40 / -	4.81	―	―	―
Aug 29, 2025	2025 (Q3)	5.18 / 5.31	4.65	14.19% (+0.66)	―	―
Jun 13, 2025	2025 (Q2)	4.97 / 5.06	4.48	12.95% (+0.58)
Mar 12, 2025	2025 (Q1)	4.97 / 5.08	4.48	13.39% (+0.60)
Dec 11, 2024	2024 (Q4)	4.67 / 4.81	4.27	12.65% (+0.54)
Sep 12, 2024	2024 (Q3)	4.53 / 4.65	4.09	13.69% (+0.56)	―
Jun 13, 2024	2024 (Q2)	4.39 / 4.48	3.91	14.58% (+0.57)
Mar 14, 2024	2024 (Q1)	4.38 / 4.48	3.8	17.89% (+0.68)
Dec 13, 2023	2023 (Q4)	4.13 / 4.27	3.6	18.61% (+0.67)
Sep 14, 2023	2023 (Q3)	3.98 / 4.09	3.4	20.29% (+0.69)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ADBE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 29, 2025	$356.70	$345.63	-3.10%
Jun 13, 2025	$391.68	$401.73	+2.57%
Mar 12, 2025	$438.60	$377.84	-13.85%
Dec 11, 2024	$549.93	$474.63	-13.69%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.