Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Adobe (ADBE)

Adobe Q4 revenue rises 10% to $6.19 billion; sets FY2026 non-GAAP EPS target of $23.30-$23.50

Positive Impact 3 of 5 earnings Written later

Adobe reported fourth-quarter fiscal 2025 revenue of $6.19 billion, up 10% year over year, with GAAP diluted earnings per share of $4.45 and non-GAAP diluted earnings per share of $5.50. For the full fiscal year, revenue was $23.77 billion, up 11%, and the company issued fiscal 2026 targets of $25.90 billion to $26.10 billion in revenue and $23.30 to $23.50 in non-GAAP earnings per share. Starting in fiscal 2026, Adobe says it will change its reporting and guidance to focus on customer group subscription revenue, total ending ARR growth, total revenue and EPS.

Key points

  • Q4 fiscal 2025: revenue $6.19 billion (up 10%); GAAP EPS $4.45 vs. $3.79 a year earlier; non-GAAP EPS $5.50 vs. $4.81
  • Full fiscal 2025: revenue $23.77 billion (up 11%); GAAP EPS $16.70; non-GAAP EPS $20.94; operating cash flow $10.03 billion
  • Fiscal 2026 targets: revenue $25.90 billion to $26.10 billion; GAAP EPS $17.90 to $18.10; non-GAAP EPS $23.30 to $23.50
  • First quarter fiscal 2026 targets: revenue $6.25 billion to $6.30 billion; non-GAAP EPS $5.85 to $5.90

The filing

CompanyAdobe (ADBE)
Form8-K, current report
Filed with the SECDec 10, 2025, 4:05 PM ET
Accession number0000796343-25-000135

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits 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 December 10, 2025.

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