Adobe lifts quarterly revenue to 6.76 billion dollars as AI subscriptions accelerate
Adobe lifted fiscal 2026 third-quarter revenue 13 per cent to 6.76 billion dollars, or 12 per cent in constant currency. Annualised recurring revenue from AI-first products grew more than 150 per cent, and total annualised recurring revenue reached 27.50 billion dollars. The Verge recorded the same 6.76 billion dollar quarter and more than 1 billion monthly active users across the software suite.
Economics & Markets··Evening
Quarterly revenue of 6.76 billion dollars
Adobe took fiscal 2026 third-quarter revenue, reported on 10 September, to 6.76 billion dollars, 13 per cent higher than a year earlier. The Verge put the same 6.76 billion dollar total 13 per cent above the year-earlier quarter and wrote that the results came out on Thursday.[1], [2]
Subscription lines, earnings and cash
Subscription revenue from creative and marketing professionals rose 13 per cent to 4.65 billion dollars, while the business-professionals and consumers line rose 16 per cent to 1.91 billion dollars. Total annualised recurring revenue reached 27.50 billion dollars, and annualised recurring revenue from AI-first products grew more than 150 per cent. Earnings per share were 4.62 dollars under generally accepted accounting principles and 6.13 dollars on an adjusted basis, with operating income of 2.35 billion and 2.97 billion dollars. Cash flow from operations reached a third-quarter high of 2.52 billion dollars, and the company repurchased about 9.5 million shares in the quarter. Adobe set a fourth-quarter target of 6.80 billion to 6.85 billion dollars of revenue and adjusted earnings of 6.30 to 6.35 dollars a share. In constant currency the quarterly revenue increase was 12 per cent.[1]
AI tools and 1 billion users
The Verge wrote that new AI tools are going into Photoshop, Premiere, Express, Acrobat and Lightroom, and that monthly active users passed 1 billion. Quarterly revenue was 6.76 billion dollars.[1], [2]