Adobe (ADBE) Q3 2026 Earnings Call Transcript

Adobe’s Q3 2026 results, delivered in a transcript dated Sept. 10, 2026, showed broad growth tied to AI features and user expansion. Revenue reached $6.76 billion, up 13% year over year (12% at constant currency), while non-GAAP EPS was $6.13 (+15%) and GAAP EPS was $4.62 (+11%). Total ending ARR climbed to $27.50 billion (+11.2%), with AI-first ending ARR above $650 million, growing more than 150% year over year. Adobe said total monthly active users surpassed 1 billion, and Creative Premium MAU crossed 100 million. Operating cash flow hit a record $2.52 billion, and the company repurchased about 9.5 million shares. For Q4, revenue guidance was $6.8 billion–$6.85 billion, and the full-year revenue target was raised to $26.576 billion–$26.626 billion.