Loading...
•
May 30, 2025
Adobe Q2 2025 Earnings Report
Adobe reported record Q2 revenue and increased its full-year 2025 guidance for both revenue and EPS.
Key Takeaways
Adobe delivered a strong second quarter with record revenue of $5.87 billion and solid profitability, driven by continued strength in its Digital Media and Digital Experience segments. The company raised its FY25 revenue and earnings projections on the back of growing AI-driven product demand.
Achieved record Q2 revenue of $5.87 billion.
GAAP EPS came in at $3.94 and Non-GAAP EPS at $5.06.
Net income for the quarter reached $1.69 billion.
Adobe raised its full-year revenue and EPS outlook.
Revenue by Segment
Forward Guidance
Adobe increased its FY25 revenue and EPS targets, citing strong momentum in AI innovation and subscription growth across core segments.
Positive Outlook
- FY25 total revenue guided to $23.5–$23.6 billion.
- FY25 GAAP EPS guided to $16.30–$16.50.
- FY25 non-GAAP EPS guided to $20.50–$20.70.
- Q3 revenue expected between $5.875–$5.925 billion.
- Ongoing investments in AI innovation cited as a driver of growth.
Challenges Ahead
- Product revenue continues to decline YoY.
- Deferred revenue slightly decreased compared to Q1.
- Cash and equivalents dropped from previous quarter.
- High levels of share repurchase activity reduced liquidity.
- No geographical revenue breakdown provided in the report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...