ADBE Adobe Inc.

Q3 2025 10-Q
Filed: Sep 24, 2025Period ending Aug 29, 2025
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Adobe Inc. (ADBE) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Sep 24, 2025 for the fiscal period ending Aug 29, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Quarterly revenue $5.99B, up 11% YoY from $5.41B in Q3 2024; Digital Media $4.46B (+12%), Digital Experience $1.48B (+9%)
  • Net income $1.77B, up 5% YoY; operating expenses $3.17B (+11%); cost of revenue $642M (+16%) in Q3 2025
+3 more insights

Risk Factors

  • New AI regulatory risks from EU AI Act adoption in 2024, phased through 2030, increasing compliance costs and potential liabilities
  • Most materially updated risk: AI innovation challenges and rapid tech change requiring substantial investments without assured customer adoption
+3 more insights

Quarterly Financial Summary
XBRL

Revenue

$6.0B

+10.7% YoY +2.0% QoQ

Net Income

$1.8B

+5.2% YoY +4.8% QoQ

Gross Margin

89.3%

-48bp YoY +14bp QoQ

Operating Margin

36.3%

-55bp YoY +38bp QoQ

Net Margin

29.6%

-155bp YoY +80bp QoQ

ROE

15.1%

Total Assets

$28.8B

EPS (Diluted)

$4.18

+11.5% YoY +6.1% QoQ

Operating Cash Flow

$2.2B

+8.8% YoY +0.3% QoQ

Source: XBRL data from Adobe Inc. Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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