Adobe has announced exceptional financial results for the second quarter of fiscal year 2026, showing significant growth driven by increased demand for artificial intelligence (AI) products. The company’s revenue reached a record $6.62 billion, a remarkable 13% increase compared to the previous year.
Q2 FY2026 Financial Overview
For the quarter ending May 29, 2026, Adobe reported:
- Revenue: $6.62 billion (13% increase year-over-year)
- GAAP Earnings Per Share (EPS): $4.25
- Non-GAAP EPS: $5.96
- GAAP Operating Income: $2.24 billion
- Non-GAAP Operating Income: $2.95 billion
- GAAP Net Income: $1.71 billion
- Non-GAAP Net Income: $2.40 billion
- Cash Flows from Operations: $2.17 billion
- Annualized Recurring Revenue (ARR): $27.10 billion
- Remaining Performance Obligations (RPO): $22.27 billion
Customer Group Performance
Adobe’s customer group subscription revenue totaled $6.39 billion, reflecting a 14% year-over-year growth. Key contributors included:
- Business Professionals & Consumers: $1.85 billion (16% growth)
- Creative & Marketing Professionals: $4.54 billion (13% growth)
Leadership Transition
With a strategic emphasis on growth in the AI sector, Adobe’s Chief Financial Officer, Dan Durn, will depart on June 15, 2026. Steve Day, the current Senior Vice President of Corporate Finance, will step in as interim CFO. Day brings two decades of experience to this role.
Future Financial Targets
Adobe remains optimistic about future performance, particularly following the acquisition of Semrush Holdings, Inc. The updated financial targets for the third quarter of FY2026 are based on current macroeconomic conditions.
Conference Call and Further Information
Adobe will host an earnings conference call today at 2:00 p.m. Pacific Time. This call will provide more details about the second quarter results and future outlook, accessible through Adobe’s investor relations website.
These results underscore Adobe’s ongoing commitment to empowering creativity and productivity through innovative, AI-driven solutions. The strategic initiatives underscore a strong aim to capture further market share in the competitive landscape.
