For the quarter ended Feb. 28, 2025, Adobe reported adjusted EPS of $5.08, surpassing the consensus estimate of $4.97. Revenue reached $5.71 billion, a 10% year?over?year increase, slightly above the $5.66 billion forecast. Despite these strong figures, investor sentiment soured due to softer forward guidance.

CFO Dan Durn stated, "Our continued innovation, particularly with our AI?first add?on solutions, drove a record Q1 with over $125 million in ending ARR."

Regarding Q2, Adobe projects EPS around 4.95 to $5.00 and revenue ranging from $5.77 billion to $5.82 billion. Guidance for the full fiscal year expects EPS of $20.20 - $20.50 and revenue of $23.3 billion$23.55 billion.