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Adobe Inc (NASDAQ:ADBE) reported financial results for the first quarter of fiscal 2026 after the market close on Thursday. Here’s a look at the key details from the print.
- Adobe shares are trending after earnings. Where is ADBE stock headed?
Adobe Beats Estimates On Top and Bottom Lines
Adobe reported first-quarter revenue of $6.40 billion, beating analyst estimates of $6.28 billion, according to Benzinga Pro. The company reported adjusted earnings of $6.06 per share for the quarter, beating estimates of $5.87 per share.
Total revenue was up 12% year-over-year as total customer group subscription revenue increased 13% year-over-year to $6.17 billion.
Adobe reported $26.06 billion in total annualized recurring revenue (ARR) and said AI-first ARR more …
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