Adobe Reports Record Q3 Results, Raises Full-Year Targets
ADBE sits 29% above its 52-week low of $190.12.
Summary
Adobe reported record Q3 FY2026 results with revenue of $6.76 billion and non-GAAP EPS of $6.13, beating estimates, and raised its full-year guidance.
Key Events · Earnings and Guidance · ADBE
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Record Q3 Revenue and EPS Beat
Q3 FY2026 revenue reached $6.76 billion, up 13% YoY, with non-GAAP diluted EPS of $6.13 versus the $6.08 analyst consensus.
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Full-Year Guidance Raised
Adobe raised FY2026 revenue guidance to $26.576–$26.626 billion and non-GAAP EPS to $24.45–$24.50, up from prior targets.
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AI Momentum Accelerates
Adobe AI-first ARR grew more than 150% YoY, and the company surpassed 1 billion monthly active users across creativity and productivity solutions.
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Strong Cash Flow and Buybacks
Q3 operating cash flow was a record $2.52 billion, and Adobe repurchased approximately 9.5 million shares during the quarter.
Analysis · ADBE · Technology
Adobe delivered record Q3 FY2026 revenue of $6.76 billion, up 13% year-over-year, with non-GAAP EPS of $6.13 beating the $6.08 consensus estimate. The company raised its full-year revenue and EPS targets, signaling confidence in AI-driven growth. The 1 billion monthly active users milestone and 150%+ growth in AI-first ARR underscore the strategic shift toward AI monetization. This comes amid a leadership transition with Anil Chakravarthy set to become CEO on December 1, 2026.
How filings like this one have moved
In the 30 days to Nov 1, 2026, 32.4% of the 1987 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, ADBE was trading at $244.58 on NASDAQ in the Technology sector, with a market capitalization of approximately $98.9B. The 52-week trading range was $190.12 to $370.86. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.