Adobe Inc. (ADBE) beat expectations in Q2 FY2026 on revenue of $6.6B versus the $6.5B estimate (+12.7% YoY) and EPS of $5.96. The next Adobe Inc. (ADBE) earnings date is Sep 10, 2026. Below is the full Adobe Inc. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.
Adobe Inc. (ADBE) Earnings Analysis — key stats
Next earnings date
Sep 10, 2026
Latest reported quarter
Q2 FY2026
Earnings verdict
Beat
EPS beat rate
6 of last 8 (quarters above estimate)
Avg next-day move
±7.8% (over the last 8 reports)
Post-earnings direction
Up 1 / Down 7 (of the last 8 reports)
Implied move (next report)
±16.0% (options-derived · into Sep 10, 2026)
Institutional ownership
63.4% (13F as of 2026-06-30)
Top 10 holders
37.1% (of shares outstanding)
Insider activity
4 buys / 8 sells (recent Form 4 filings)
Revenue
$6.6B (vs $6.5B est · +2.5% surprise · +12.7% YoY)
EPS
$5.96 (vs $5.82 est · +2.4% surprise · +7.8% YoY)
Share price
$264.02 (-2.4%)
Market cap
$104.9B
Adobe Inc. (ADBE) Earnings Analysis — beat / miss history
Quarter
Revenue
EPS
EPS surprise
Next-day move
Verdict
Q3 FY2026
$6.6B vs $6.5B est
$5.96 vs $5.82 est
+2.4%
-12.6%
Beat
Q2 FY2026
$6.4B vs $6.3B est
$6.06 vs $5.87 est
+3.2%
-8.9%
Mixed
Q1 FY2026
$6.2B vs $6.1B est
$5.50 vs $5.40 est
+1.9%
+1.8%
In line
Q4 FY2025
$6.0B vs $5.9B est
$5.31 vs $5.18 est
+2.5%
-0.2%
Mixed
Q3 FY2025
$5.9B vs $5.8B est
$5.06 vs $4.97 est
+1.8%
-5.1%
In line
Q2 FY2025
$5.7B vs $5.7B est
$5.08 vs $4.97 est
+2.2%
-12.9%
Mixed
Q1 FY2025
$5.6B vs $5.5B est
$4.81 vs $4.66 est
+3.2%
-13.2%
Mixed
Q4 FY2024
$5.4B vs $5.4B est
$4.65 vs $4.53 est
+2.6%
-7.5%
Mixed
Top institutional holders
Holder
% outstanding
Shares
Value
QoQ change
Blackrock, INC.
10.2%
41.2M
$8.4B
+0.8%
Vanguard Capital Management LLC
6.6%
26.4M
$5.4B
-1.0%
State Street Corp
5.1%
20.5M
$4.2B
+3.0%
Invesco Ltd.
3.6%
14.7M
$3.0B
+71.3%
Geode Capital Management, LLC
2.9%
11.6M
$2.4B
-0.9%
Undisclosed filer
2.3%
9.4M
$1.9B
-6.1%
Susquehanna International Group, Llp
1.9%
7.8M
$1.6B
+23.0%
Arrowstreet Capital, Limited Partnership
1.7%
6.8M
$1.4B
-0.1%
Susquehanna International Group, Llp
1.4%
5.5M
$1.1B
+21.9%
Morgan Stanley
1.3%
5.4M
$1.1B
-5.0%
Recent insider transactions
Insider
Role
Date
Type
Shares
Value
Forusz Jillian
officer: SVP & CAO
2026-07-29
Sell
416
$109961
NARAYEN SHANTANU
director, officer: Chair and CEO
2026-07-15
Buy
3K
—
NARAYEN SHANTANU
director, officer: Chair and CEO
2026-07-15
Sell
1K
$317977
NARAYEN SHANTANU
director, officer: Chair and CEO
2026-07-15
Buy
2K
—
NARAYEN SHANTANU
director, officer: Chair and CEO
2026-07-15
Sell
980
$220069
NARAYEN SHANTANU
director, officer: Chair and CEO
2026-07-15
Buy
1K
—
NARAYEN SHANTANU
director, officer: Chair and CEO
2026-07-15
Buy
2K
—
NARAYEN SHANTANU
director, officer: Chair and CEO
2026-07-15
Sell
626
$140575
What you'll find
Next Adobe Inc. (ADBE) earnings date, the expected move and the estimates priced in
A clear Beat / Miss / In-line / Mixed verdict the moment Adobe Inc. reports
Revenue & EPS versus estimates, guidance and segment trends
Multi-lens price forecast — analyst, quant, technical and options views
Deep research: red flags, risk decoder and earnings-call sentiment
Technicals, options / implied volatility and unusual-activity signals
Hedge-fund and legendary-investor 13F holdings in Adobe Inc. (ADBE)
Side-by-side peer and historical earnings comparison
Frequently asked questions
When is Adobe Inc.'s next earnings date?
Adobe Inc.'s (ADBE) next scheduled earnings date is Sep 10, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Adobe Inc. (ADBE) beat or miss earnings?
In Q2 FY2026, Adobe Inc. (ADBE) posted beat results — revenue of $6.6B versus the $6.5B estimate (+2.5% surprise) and EPS of $5.96 versus $5.82 expected (+2.4% surprise). Magnisto decodes every Adobe Inc. (ADBE) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Adobe Inc. beat earnings estimates?
Over its last 8 reported quarters, Adobe Inc. (ADBE) beat Wall Street EPS estimates 6 times, most recently a beat result in Q3 FY2026. Magnisto tracks every Adobe Inc. (ADBE) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Adobe Inc. stock move after earnings?
Over its last 8 quarterly reports, Adobe Inc. (ADBE) moved an average of ±7.8% the day after earnings — ranging from -13.2% (Q1 FY2025) to +1.8% (Q1 FY2026). The stock rose after 1 of those 8 reports and fell after 7. Heading into its next report on Sep 10, 2026, options-implied volatility is pricing in a move of roughly ±16.0% (derived). Magnisto tracks the realized post-earnings move for every Adobe Inc. (ADBE) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Adobe Inc.?
Institutions hold about 63.4% of Adobe Inc.'s (ADBE) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (10.2%), Vanguard Capital Management LLC (6.6%), State Street Corp (5.1%). Magnisto lists Adobe Inc.'s (ADBE) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Adobe Inc. (ADBE)?
In the most recent Form 4 filings Magnisto tracks, Adobe Inc. (ADBE) insiders recorded 4 purchases and 8 sales — net selling. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Adobe Inc. (ADBE) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Adobe Inc. (ADBE), anchored to the current $264.02 share price, so you can weigh the bull, base and bear cases for Adobe Inc. side by side.
Is Adobe Inc. (ADBE) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Adobe Inc. fits your own thesis and risk profile. This is research, not investment advice.