Adobe Inc.'s Stock Analysis

Adobe Reports Record Q3 Revenue and Raises FY25 Financial Targets

Adobe announced its financial results for the third quarter of fiscal year 2025, reporting record revenue of $5.99 billion, which signifies an 11 percent increase year-over-year. The company also reported a diluted earnings per share of $4.18 on a GAAP basis and $5.31 on a non-GAAP basis. Additionally, cash flows from operations reached $2.20 billion, while Remaining Performance Obligations (RPO) exceeded $20 billion, indicating strong demand for its services. The Digital Media segment generated $4.46 billion in revenue, reflecting a 12 percent growth, and the Digital Experience segment contributed $1.48 billion, marking a 9 percent increase year-over-year.

In light of these results, Adobe has raised its fiscal year 2025 total revenue and earnings per share targets. The company highlighted its leadership in AI-driven applications, with AI-influenced Annual Recurring Revenue (ARR) surpassing $5 billion. The Digital Media ARR at the end of the quarter was $18.59 billion, growing by 11.7 percent year-over-year. Adobe's ongoing commitment to innovation and effective customer strategies is set to drive further growth, as evidenced by the positive adjustments to their financial outlook.

Sep 11, 2025 16:06:22

Adobe Reports Record Q2 Revenue and Raises FY25 Targets

Adobe announced record revenue of $5.87 billion for its second quarter of fiscal year 2025, marking an 11 percent increase year-over-year. The company also reported diluted earnings per share of $3.94 on a GAAP basis and $5.06 on a non-GAAP basis. Additionally, Adobe's cash flows from operations were $2.19 billion, and the company repurchased approximately 8.6 million shares during the quarter. The Digital Media segment generated $4.35 billion in revenue, while the Digital Experience segment contributed $1.46 billion, both reflecting year-over-year growth.

In light of its strong performance, Adobe raised its fiscal year 2025 revenue and earnings per share targets. The updated total revenue target is now set between $23.50 billion and $23.60 billion, with earnings per share projected to be between $16.30 and $16.50 on a GAAP basis. For the third quarter of fiscal year 2025, Adobe anticipates total revenue of $5.875 billion to $5.925 billion and earnings per share of $4.00 to $4.05 on a GAAP basis. The company plans to continue investing in AI innovation to enhance customer value and expand its market reach.

Jun 12, 2025 16:19:20

Adobe Reports Record Q1 Revenue and Cash Flows for 2025

Adobe announced record revenue of $5.71 billion for the first quarter of fiscal year 2025, marking a 10 percent increase year-over-year. The company also reported operating cash flows of $2.48 billion and a diluted earnings per share of $4.14 on a GAAP basis. The Digital Media segment revenue grew by 11 percent year-over-year, while the Digital Experience segment saw a 10 percent increase. Adobe has also reaffirmed its financial targets for the fiscal year 2025, indicating confidence in its customer-focused strategy and innovation efforts.

On the downside, Adobe's total assets decreased slightly to $29.95 billion from $30.23 billion, and the company experienced a decline in cash and cash equivalents from $7.61 billion to $6.76 billion. The report also highlights a significant increase in operating expenses due to research and development and sales and marketing costs. Additionally, the company repurchased approximately 7 million shares during the quarter, which may impact future liquidity.

Mar 12, 2025 16:06:35

Adobe Reports $21.51 Billion Revenue for Fiscal Year 2024

Adobe announced record revenue of $21.51 billion for fiscal year 2024, marking an 11 percent increase from the previous year. The company also reported significant cash flow from operations at $8.06 billion and a substantial increase in digital media annual recurring revenue (ARR) exceeding $2.0 billion. The Digital Experience segment also performed well, generating over $5.3 billion in revenue. Additionally, Adobe's remaining performance obligations (RPO) reached $19.96 billion, reflecting a 16 percent year-over-year growth, showcasing strong demand across its product offerings.

On the downside, Adobe faced a $117 million decrease in Digital Media ARR due to foreign exchange rate changes, which may impact future revenue by approximately $200 million. The company also noted challenges related to the transition from perpetual offerings to subscriptions. Furthermore, while the overall financial results were positive, the press release highlighted potential risks, including competitive pressures, innovation challenges, and macroeconomic conditions that could affect future performance.

Dec 11, 2024 16:06:49

Adobe Achieves Record Q3 Revenue and Growth in 2024

Adobe reported impressive results for the third quarter of fiscal year 2024, achieving record revenue of $5.41 billion, which is an 11% increase from the previous year. The company saw a significant boost in its Digital Media segment, with new annual recurring revenue reaching $504 million. Adobe's advancements in artificial intelligence across its various platforms were highlighted as key drivers of this success, contributing to a robust cash flow of over $2 billion and a strong remaining performance obligation of over $18 billion. The CEO expressed confidence in Adobe's ability to maintain growth and industry leadership moving forward.

On the downside, while Adobe's overall performance was strong, the company also faced challenges such as increased operating expenses, which rose to $2.86 billion, reflecting investments in research and development as well as sales and marketing. Additionally, the company repurchased approximately 5.2 million shares during the quarter, which could indicate a strategy to manage shareholder value amidst these expenses. Despite these challenges, Adobe's strong financial position and commitment to innovation appear to set a positive tone for the future.

Sep 12, 2024 16:06:12

Adobe Reports Record Revenue in Q2 Fiscal 2024

Adobe achieved record revenue of $5.31 billion in Q2 2024 driven by strong growth in various segments. The company raised annual targets for Digital Media net new ARR, Digital Experience subscription revenue, and EPS. Adobe's Q2 financial highlights include 10% YoY revenue growth, strong operating income, and cash flows. The Digital Media segment revenue grew by 11%, with Creative and Document Cloud revenue showing significant growth. Adobe provided optimistic third quarter and updated fiscal year 2024 targets, reflecting confidence in its market-leading products and financial discipline.

Jun 13, 2024 16:06:10

Adobe Reports Record Revenue and Announces Share Repurchase Program

Adobe achieved record revenue in Q1 FY 2024 with strong growth in Creative Cloud, Document Cloud, and Experience Cloud. The company reported a new $25 billion share repurchase program, reflecting confidence in its growth and profitability. Financial highlights include $5.18 billion revenue, $1.17 billion cash flow from operations, and $17.58 billion in Remaining Performance Obligations. Adobe's Digital Media segment revenue grew by 12%, while Digital Experience segment revenue increased by 10% year-over-year.

Mar 14, 2024 16:07:21

Adobe and Figma Terminate Merger Agreement

Adobe and Figma mutually agreed to terminate their merger agreement due to the inability to receive necessary regulatory approvals from the European Commission and the UK Competition and Markets Authority. Both companies expressed confidence in their independent futures and their abilities to capitalize on market opportunities. The termination agreement includes Adobe paying Figma the previously agreed upon termination fee.

Dec 18, 2023 08:01:03

Adobe Reports Record Q4 and Fiscal Year 2023 Revenue

Adobe achieved record revenue of $19.41 billion in fiscal year 2023, with strong growth in Digital Media and Digital Experience segments. The company also provided fiscal year 2024 targets, reflecting positive expectations for future performance and expansion. Adobe's strategy, innovation, and profitability position it well for sustained success.

Dec 13, 2023 16:06:47

Adobe Appoints Cristiano Amon to its Board of Directors

Adobe has appointed Cristiano Amon, the president and CEO of Qualcomm Incorporated, to its board of directors, bringing deep technical, mobile, and AI experience to the company.

Oct 26, 2023 16:09:12