Adobe Systems (ADBE) reported $6.19 billion in revenue for the quarter ended November 2025, representing a year-over-year increase of 10.5%. EPS of $5.50 for the same period compares to $4.81 a year ago.
The reported revenue represents a surprise of +1.5% over the Zacks Consensus Estimate of $6.1 billion. With the consensus EPS estimate being $5.39, the EPS surprise was +2.04%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Adobe performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Business Unit - Digital Media - Total Digital Media ARR (Annual): $19.2 billion compared to the $19.18 billion average estimate based on four analysts.
- Revenue- Digital Media: $4.62 billion versus $4.54 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.
- Revenue- Digital Experience: $1.52 billion compared to the $1.51 billion average estimate based on seven analysts. The reported number represents a change of +8.9% year over year.
- Revenue- Publishing and Advertising: $60 million versus $50.21 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -7.7% change.
- Revenue- Services and other: $131 million compared to the $143.27 million average estimate based on five analysts. The reported number represents a change of -18.1% year over year.
- Revenue- Subscription: $5.99 billion versus the four-analyst average estimate of $5.9 billion. The reported number represents a year-over-year change of +11.6%.
- Revenue- Products: $74 million versus the four-analyst average estimate of $63.03 million. The reported number represents a year-over-year change of -8.6%.
- Revenue- Subscription Revenue- Digital Experience: $1.41 billion versus $1.4 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.
View all Key Company Metrics for Adobe here>>>
Shares of Adobe have returned +3.3% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Adobe Inc. (ADBE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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