ADBE 财报电话会与业绩发布记录

财报发布摘要 · 已披露

Adobe（ADBE）FY2026 Q2 财报发布摘要

这份财报的重点不是只看是否超预期，而是判断：whether Firefly and AI-first products can accelerate ARR enough to justify Adobe's premium software valuation。$6.62B record revenue, up 13% year over year；AI-first ARR exceeded $500M, total Adobe ARR was $27.10B, and subscription revenue was $6.416B；$4.25 GAAP diluted EPS, $5.96 non-GAAP diluted EPS, and $2.17B operating cash flow；Q3 FY2026 revenue target is $6.67B-$6.72B, and FY2026 total revenue guidance was raised to $26.50B-$26.60B。