AI brief of an SEC Form 8-K · Adobe (ADBE)

Adobe Q2 revenue rises 11% to record $5.87 billion; raises FY25 targets

Positive Impact 4 of 5 earnings Written later

Adobe reported record second-quarter fiscal 2025 revenue of $5.87 billion, up 11% year over year, with GAAP diluted earnings per share of $3.94 and non-GAAP diluted earnings per share of $5.06. The company raised its fiscal 2025 revenue target to $23.50 billion to $23.60 billion and its non-GAAP EPS target to $20.50 to $20.70, which signals higher expected full-year results for shareholders.

Key points

  • Q2 fiscal 2025 GAAP net income was $1.69 billion, compared with $1.57 billion a year earlier; non-GAAP net income was $2.17 billion.
  • Cash flows from operations were $2.19 billion, and Adobe repurchased about 8.6 million shares during the quarter.
  • Updated fiscal 2025 targets: total revenue of $23.50 billion to $23.60 billion and GAAP EPS of $16.30 to $16.50.
  • Q3 fiscal 2025 targets call for total revenue of $5.875 billion to $5.925 billion and non-GAAP EPS of $5.15 to $5.20.

The filing

CompanyAdobe (ADBE)
Form8-K, current report
Filed with the SECJun 12, 2025, 4:19 PM ET
Accession number0000796343-25-000064

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.