Short answer
Adobe Inc. (ADBE) filed its Q1 2026 10-Q quarterly report on Mar 25, 2026 for the quarter ended Feb 27, 2026. Quarterly revenue was $6.4B (up 12.0% year over year) with net income of $1.9B.
Q1 2026 key financials · XBRL
- Revenue
- $6.4B
- +12.0% YoY
- Net income
- $1.9B
- +4.3% YoY
- Operating margin
- 37.8%
- Gross margin
- 89.6%
- EPS (diluted)
- $4.60
- +11.1% YoY
Source: XBRL data from the Adobe Inc. (ADBE) Q1 2026 10-Q on SEC EDGAR. USD.
Adobe Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $6.40B, up $684M or 12% YoY
- Net income $1.89B, up $78M; effective tax rate 22% vs 17%
- Best segment Business Professionals & Consumers subscription revenue $1.78B, up 16% YoY
- Worst product line Services and other revenue $110M, down 19% YoY
- Operating cash flow $2.96B, up $476M or 19%; ARR $26.06B, up 10.9%
- Outlook: strong AI-driven demand; macroeconomic, foreign-exchange and geopolitical uncertainties remaining sealed
Risk Factors
- No material changes stated; carried-forward market risk from technology-stock volatility and broader market fluctuations
- Securities-litigation risk heightened by stock-price volatility, potentially diverting management resources
- Competitive risk from rival product launches, technological advances, acquisitions, and industry developments
- Customer-concentration risk from losing large customers or failing to expand existing accounts
- Financial-market risk from stock-repurchase changes affecting investor valuation and share-price performance
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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