Overview

• Adjusted EPS came in at $5.31 on revenue of $5.99 billion, topping estimates and rising 11% year over year.
• Full-year guidance increased to $23.65–$23.70 billion in revenue and $20.80–$20.85 in adjusted EPS.
• Management said AI-influenced annual recurring revenue surpassed $5 billion and AI-first ARR exceeded the $250 million year-end target.
• Adobe guided fourth-quarter revenue to $6.08–$6.13 billion and adjusted EPS to $5.35–$5.40, both above or in line with consensus.
• Shares rose in extended and pre-market trading, though the stock remains down about 21% year to date as analysts issued mixed target revisions and some flagged slower AI monetization timing.