Adobe Systems (ADBE) Tops Q3 EPS by 6c, Offers Guidance
Adobe Systems (NASDAQ: ADBE) reported Q3 EPS of $6.13, $0.06 better than the analyst estimate of $6.07. Revenue for the quarter came in at $6.76 billion versus the consensus estimate of $6.69 billion.
GUIDANCE:
Adobe Systems sees Q4 2026 EPS of $6.30-$6.35, versus the consensus of $6.30. Adobe Systems sees Q4 2026 revenue of $6.8-6.85 billion, versus the consensus of $6.85 billion.
Financial Targets
The following table summarizes Adobe’s fourth quarter FY2026 targets, which assumes current macroeconomic conditions:
Total revenue | $6.80 billion to $6.85 billion | |
Business Professionals & Consumers subscription revenue | $1.93 billion to $1.95 billion | |
Creative & Marketing Professionals subscription revenue | $4.665 billion to $4.695 billion | |
Earnings per share1 | GAAP: $4.65 to $4.70 | Non-GAAP: $6.30 to $6.35 |
1 | Targets assume non-GAAP operating margin of ~44.0%, GAAP tax rate of ~22.0%, non-GAAP tax rate of ~18.0% and diluted share count of ~389 million for fourth quarter FY2026. |
The following table summarizes Adobe’s updated FY2026 targets:
Total revenue | $26.576 billion to $26.626 billion | |
Business Professionals & Consumers subscription revenue | $7.470 billion to $7.490 billion | |
Creative & Marketing Professionals subscription revenue | $18.242 billion to $18.272 billion | |
Total Adobe ending ARR growth | 10.2% year over year | |
Earnings per share2 | GAAP: $18.12 to $18.17 | Non-GAAP: $24.45 to $24.50 |
2 | Targets assume non-GAAP operating margin of ~45.0%, GAAP tax rate of ~22.5%, non-GAAP tax rate of ~18.0% and diluted share count of ~400 million for FY2026. |
Adobe to Host Conference Call
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