Adobe reported second quarter fiscal 2026 revenue of $6.62 billion, up 13% year-over-year, and non-GAAP EPS of $5.96. The results surpassed analyst expectations, prompting the company to raise its full-year 2026 targets for both revenue and non-GAAP EPS.
Key Highlights
- Management raised its full-year 2026 revenue target to a range of $26.50 billion to $26.60 billion and its non-GAAP EPS target to between $24.35 and $24.45.
- The company noted strong AI-driven demand, with AI-first Annualized Recurring Revenue (ARR) tripling year-over-year to exceed $500 million.
- Adobe announced that CFO Daniel Durn will depart the company on June 15, 2026, with Steven Day appointed as interim CFO.