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The company said it recorded revenue of $5.99 billion for the third quarter of fiscal 2025, which ended August 29, up 11% year over year (10% in constant currency). Diluted earnings per share were $4.18 on a GAAP basis and $5.31 on a non-GAAP basis.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it recorded revenue of $5.99 billion for the third quarter of fiscal 2025, which ended August 29, up 11% year over year (10% in constant currency). Diluted earnings per share were $4.18 on a GAAP basis and $5.31 on a non-GAAP basis.

  2. Adobe said GAAP operating income for Q3 was $2.17 billion and non-GAAP operating income was $2.77 billion. GAAP net income was $1.77 billion and non-GAAP net income was $2.25 billion. It said cash flow from operating activities for Q3 was $2.20 billion.

  3. The company said Digital Media segment revenue for Q3 was $4.46 billion, up 12% year over year, and Digital Media ARR at the end of the quarter was $18.59 billion, up 11.7% year over year. Digital Experience segment revenue was $1.48 billion, up 9%.

  4. Adobe set its full-year fiscal 2025 targets for total revenue of $23.65 billion to $23.70 billion, Digital Media year-end ARR growth of 11.3% year over year, and non-GAAP earnings per share of $20.80 to $20.85. The company said the targets assume current macroeconomic conditions.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Adobe Reports Q3 Revenue of $5.99 billion and EPS

The company said it recorded revenue of $5.99 billion for the third quarter of fiscal 2025, which ended August 29, up 11% year over year (10% in constant currency). Diluted earnings per share were $4.18 on a GAAP basis and $5.31 on a non-GAAP basis.

Source · Based on the filing body and exhibits

Operating Income, Net Income and Operating Cash Flow for Q3

Adobe said GAAP operating income for Q3 was $2.17 billion and non-GAAP operating income was $2.77 billion. GAAP net income was $1.77 billion and non-GAAP net income was $2.25 billion. It said cash flow from operating activities for Q3 was $2.20 billion.

Source · Based on the filing body and exhibits

Digital Media and Digital Experience Segment Results

The company said Digital Media segment revenue for Q3 was $4.46 billion, up 12% year over year, and Digital Media ARR at the end of the quarter was $18.59 billion, up 11.7% year over year. Digital Experience segment revenue was $1.48 billion, up 9%.

Source · Based on the filing body and exhibits

Company's Full-Year Fiscal 2025 Targets

Adobe set its full-year fiscal 2025 targets for total revenue of $23.65 billion to $23.70 billion, Digital Media year-end ARR growth of 11.3% year over year, and non-GAAP earnings per share of $20.80 to $20.85. The company said the targets assume current macroeconomic conditions.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.