ADOBE INC. SEC 10-Q Report

Adobe Inc., a global leader in digital media and digital marketing solutions, has released its Form 10-Q report for the third quarter of fiscal year 2025. The report highlights significant growth in both financial and operational metrics, driven by robust demand for its subscription-based services and the integration of AI-powered features across its product offerings.

Financial Highlights

• Total Revenue: $5,988 million, an increase of 11% compared to the year-ago period, driven by subscription revenue growth across Digital Media and Digital Experience offerings.
• Gross Profit: $5,346 million, reflecting a gross profit margin of 89%, up from $4,854 million in the prior year period.
• Operating Income: $2,173 million, increased from $1,992 million in the prior year period, indicating strong operational performance.
• Net Income: $1,772 million, increased by 5% compared to the year-ago period, reflecting improved profitability.
• Basic Net Income Per Share: $4.18, up from $3.78 in the prior year period, indicating higher earnings per share.
• Diluted Net Income Per Share: $4.18, up from $3.76 in the prior year period, reflecting increased shareholder value.

Business Highlights

• Digital Media Segment Performance: The Digital Media segment experienced a 12% year-over-year growth in revenue, driven by strong demand for Creative Cloud flagship apps and Acrobat across all routes to market and geographies. This growth was supported by the integration of AI-powered features, such as Adobe Firefly, enhancing creativity and productivity.
• Digital Experience Segment Performance: The Digital Experience segment saw a 9% increase in revenue, attributed to the strength of Adobe Experience Platform and related apps, as well as Adobe Experience Manager. The segment's growth was bolstered by AI integration, which improved customer experience orchestration and data-driven insights.
• Geographical Performance: Revenue increased across all geographic regions, with the Americas growing by 10%, EMEA by 13%, and APAC by 11% during the three months ended August 29, 2025. The U.S. Dollar's fluctuations against various currencies impacted revenue, with a net increase in revenue in U.S. Dollar equivalents due to currency movements.
• Customer Segments: Subscription revenue for Creative and Marketing Professionals grew by 11%, driven by demand for Creative Cloud apps and Adobe Experience Manager. Business Professionals and Consumers saw a 15% increase in subscription revenue, primarily due to the strength of Acrobat offerings.
• Future Outlook: Adobe plans to continue leveraging AI to enhance its product offerings, focusing on delivering value through AI-powered and highly differentiated solutions. The company aims to drive growth by expanding its customer base and increasing recurring revenue streams through innovative product releases and strategic market positioning.

SEC Filing: ADOBE INC. [ ADBE ] - 10-Q - Sep. 24, 2025