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ADBE · Q2 2026

Archived report (Q2 2026). Latest deep dive →

US GAAP · $M · vs Q2 2025 · reported 06/11/2026

ADBE — Adobe develops software for creative professionals, businesses, and consumers.

More about the company

Key products include Photoshop, Illustrator, Acrobat, and the Adobe Creative Cloud, with headquarters in San Jose, California.

All figures in $M.

Revenue

$6,618

+12.7%

Gross profit

$5,903

+12.8%

89.2% margin

Operating income

$2,238

+6.1%

33.8% margin

Net income

$1,712

+1.2%

$4.25 diluted EPS

Sankey diagram of ADBE earnings report for Q2 2026: revenue, costs and profitSubscription$6,416 · +13.7%Product$89 · +1.1%Services & Other$113 · -21.5%Total Revenue$6,618 · +12.7%Cost of Revenue$715 · +12.1%Gross Profit$5,903 · +12.8%89.2% marginR&D$1,198 · +10.7%Sales & Marketing$1,884 · +15.9%G&A$546 · +44.8%Amortization ofIntangibles$37 · -9.8%Operating Income$2,238 · +6.1%33.8% marginPre-Tax Income$2,238 · +6.5%Income Tax Provision$526 · +28.3%Net Income$1,712 · +1.2%$4.25 diluted EPS

Verdict: Adobe posted record revenue of $6.62B (+13%) driven by subscription strength across both customer groups, but GAAP net income grew just 1.2% as a $70M non-cash goodwill impairment on Publishing & Advertising, a $30M litigation loss contingency, and higher SG&A/opex compressed the flow-through versus the strong non-GAAP net income growth of ~11%.

OCF $2.17B · repurchased ~8.5M shares for $2.11B · Q3 FY26 revenue guide $6.67-6.72B · raised FY26 revenue guide to $26.50-26.60B and non-GAAP EPS to $24.35-24.45

Source and notation

* marks non-cash / ≈ estimated. Source: Adobe press release / 10-Q (SEC EDGAR).

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How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report; the short company description was also written by our model. The source for this archived period is shown above; a complete numerical recheck has not been recorded. How we make the breakdowns · Report an error

More reports: ADI · Q3 2026 · AMAT · Q3 2026 · AMD · Q2 2026 · ANET · Q2 2026 · APH · Q2 2026 · AVGO · Q3 FY2026 · CDNS · Q2 2026 · CRM · Q2 FY2027 · CRWD · Q2 FY2027 · CSCO · Q4 2026 · all reports

Company reports

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Q2 2026Adobe posted record revenue of $6.62B (+13%) driven by subscription strength across both customer groups, but GAAP net…

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