Adobe Beats Q2 Revenue Estimates, Raises Outlook as CFO Announces Exit

Adobe reported fiscal second-quarter revenue of $6.62 billion, topping Wall Street expectations of $6.45 billion. The company said the quarter was driven by strong demand for its AI tools and subscription products.

Adobe also raised its full-year fiscal 2026 revenue outlook to between $26.5 billion and $26.6 billion and lifted its non-GAAP EPS targets.

Even with the better-than-expected results and stronger guidance, Adobe shares fell in extended trading after the company disclosed that Chief Financial Officer Dan Durn will leave on June 15.

Adobe beat revenue expectations for the quarter, reporting $6.62 billion versus the $6.45 billion analysts expected.

Yes. Adobe increased its full-year fiscal 2026 revenue forecast to a range of $26.5 billion to $26.6 billion and raised its non-GAAP EPS targets.

The sources say investors were concerned about the announcement that CFO Dan Durn will depart on June 15.

Benzinga

Adobe Inc. (NASDAQ:ADBE) will release earnings for its second quarter after the closing bell on Thursday, June 11.

Benzinga

Adobe Inc (NASDAQ:ADBE) shares are trading lower Thursday morning as investors want proof that the company's AI push is translating into durable growth.

Invezz

Adobe (ADBE) shares are inching lower on Thursday morning ahead of the software firm's much-anticipated Q2 earnings scheduled for release after the closing bell. Consensus is for the company to report $5.81 per share of earnings (EPS) for its recently concluded quarter on a 9.9% year-over-year incre...

Business Wire

SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe (Nasdaq:ADBE), the global technology leader that unleashes creativity and productivity for individuals and businesses through innovative platforms and tools, today reported financial results for its second quarter FY2026 ended May 29, 2026. “Adobe delivered r...

Reuters

Adobe raised its annual revenue forecast on Thursday, signaling increased adoption of ‌its AI tools and higher subscription spending as the Photoshop ⁠maker looks to get ahead in the highly competitive software design industry.

Proactive Investors

Adobe Inc (NASDAQ:ADBE) reported second-quarter revenue of $6.62 billion, topping analyst expectations of $6.45 billion, but investors were rattled by news of another C-suite departure. Adobe disclosed that CFO Dan Durn will depart on June 15.

WSJ

The company now expects full-year revenue of between $26.5 billion and $26.6 billion, and said its finance chief was stepping down.

Investors Business Daily

Adobe easily beat Wall Street's targets for its fiscal second quarter and with its guidance. But Adobe stock fell in extended trading.

Market Watch

Adobe's stock falls further, after closing Thursday at the lowest price in more than seven years.

Zacks Investment Research

While the top- and bottom-line numbers for Adobe (ADBE) give a sense of how the business performed in the quarter ended May 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Seeking Alpha

Adobe Inc. delivered a strong Q2, beating consensus on both revenue and EPS for the 14th consecutive quarter. ADBE's revenue growth accelerated to 13% YoY, driven by robust subscription sales and rising AI-first revenues. Management raised full-year revenue guidance by 2%, reflecting confidence in o...

Zacks Investment Research

Adobe Systems (ADBE) came out with quarterly earnings of $5.96 per share, beating the Zacks Consensus Estimate of $5.83 per share. This compares to earnings of $5.06 per share a year ago.

Seeking Alpha

Adobe Inc. delivered strong Q2 results, beating revenue and EPS estimates and raising FY 2026 guidance, yet faces a 34% stock decline over the past year. ADBE is shifting strategy to prioritize monthly active user growth over short-term ARR, acknowledging AI-driven industry changes and increased com...

MarketBeat

Adobe NASDAQ: ADBE reported record fiscal second-quarter revenue and raised its full-year revenue outlook, while executives outlined a strategic shift toward more aggressive freemium user acquisition across Acrobat, Express and Firefly that is expected to weigh on second-half annual recurring revenu...

Seeking Alpha

Adobe delivered a record Q2 FY26 with $6.62B in revenue (+13% YoY), beating guidance and consensus EPS by $0.15. AI-driven growth is accelerating, with AI-first ARR surpassing $500M — tripling YoY and doubling QoQ — contradicting fears of AI disruption. Management raised FY26 revenue guidance to $26...

Seeking Alpha

Adobe Inc. (ADBE) Q2 2026 Earnings Call Transcript

Zacks Investment Research

Adobe's Q2 earnings call spotlights an AI-era freemium push, prioritizing user growth and engagement even as ARR timing shifts.

Benzinga

Adobe Inc (NASDAQ:ADBE) posted upbeat financial results for the second quarter and raised its guidance for the full year after the closing bell on Thursday, according to data from Benzinga Pro.

Seeking Alpha

Adobe Inc. delivered strong Q2 results, exceeding revenue and non-GAAP EPS expectations, and raised full-year guidance. I assign ADBE a hold rating due to uncertainty around AI monetization, freemium conversion rates, and leadership transitions despite attractive valuation. Organic ARR growth concer...

24/7 Wall Street

Adobe (NASDAQ:ADBE | ADBE Price Prediction) shares are getting hammered on Friday, down 9% to $198 after the design-software giant reported a beat-and-raise quarter that investors decided to sell anyway.

Benzinga

Shares of Adobe Inc (NASDAQ:ADBE) dipped over 8% on Friday after the company posted upbeat financial results for the second quarter and raised its guidance for the full year after the closing bell on Thursday, according to data from Benzinga Pro.

Invezz

Adobe shares fell sharply on Friday despite the software company reporting better-than-expected fiscal second-quarter results and raising its full-year outlook, as investors focused on strategic changes that could weigh on near-term growth metrics. ADBE stock dropped more than 7% in Friday trading a...

Seeking Alpha

Adobe's Q2 was not weak on the surface, but the market no longer cares about clean beats when AI monetization remains unclear. Freemium growth is expanding Adobe's user funnel, but usage still needs to become ARR before the stock can re-rate. Delayed paywalls and Creative Pro line optimizations sugg...

Seeking Alpha

Adobe Inc. delivered strong Q2 results with double beats on revenue and EPS, yet the stock trades at depressed levels. AI-first ARR tripled year-over-year to over $500M, signaling robust monetization of generative AI products and refuting the disruption narrative. Management raised full-year guidanc...

Zacks Investment Research

ADBE tops Q2 earnings and revenue estimates as AI-first ARR surpasses $500M, but shares fall despite raised Q3 and fiscal 2026 guidance.

MarketBeat

Adobe's NASDAQ: ADBE market certainly has reasons to be cautious, but the selloff in its shares is overblown. Trading below 10X its current-year earnings while growing and outperforming, and at approximately 6X the 2030 forecast, this stock could easily rise by 100% over the coming quarters and exte...

Proactive Investors

Adobe Inc (NASDAQ:ADBE) shares fell 6.7% on Friday after the software company cut its organic annual recurring revenue growth guidance, announced a surprise CFO departure, and signaled a shift toward freemium AI products that analysts say leaves key monetization questions unanswered. The company rep...

The Motley Fool

In this video, I will cover Adobe's (ADBE 6.75%) latest earnings report and the more serious threat that keeps dragging the stock lower. Watch the short video to learn more, consider subscribing, and click the special offer link below.

The Motley Fool

Adobe's sales and profits grew at a solid pace in its most recent quarter. But a key executive's departure and talk of a new freemium offering have shareholders on edge.

Seeking Alpha

Yesterday, Adobe put out an earnings release that handily beat estimates. Management raised the guidance for full year 2026. Revenue came in at $6.6 billion, an increase of 13%. Earnings also increased; adjusted EPS beat analyst estimates. Investors are evidently concerned about competition from Fig...

The Motley Fool

Adobe continues to deliver solid growth. However, investors remain concerned about AI disruption and its move to a freemium model.

Seeking Alpha

Adobe delivered Q2 financial results, growing fast across business professionals, consumers, and creative segments. ADBE appears successful in embedding and monetizing artificial intelligence across their product portfolio. The firm seems to be undervalued according to a set of traditional price mul...

Seeking Alpha

Adobe is experiencing a narrative-driven selloff despite robust double-digit revenue growth and expanding ARR, creating deep value for contrarian investors. Q2 fundamentals remain strong: 13% revenue growth, 14% subscription growth, and 18% non-GAAP EPS increase, with AI-led freemium adoption drivin...

24/7 Wall Street

Adobe (NASDAQ:ADBE | ADBE Price Prediction) just delivered a record quarter, raised its full-year outlook, and watched its stock fall anyway.

Seeking Alpha

Adobe's ARR included $480 million from the recent Semrush acquisition. Once you adjust for the acquisition, the organic ARR growth was 10.5%, which implies ten consecutive quarters of deceleration in revenue growth. What also doesn't inspire a lot of confidence is when you notice opex growth of ~17%...

Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.