Adobe delivered a strong Q3 with $6.76 billion in revenue and 15% non-GAAP EPS growth, while naming Anil S. Chakravarthy as the next CEO to lead the company's expansion into agentic AI.
Adobe reported strong Q3 FY26 results with 12% revenue growth, 15% non-GAAP EPS growth, and announced a CEO transition, driving positive sentiment.
Adobe posted strong Q3 FY26 results, with revenue climbing 12% year-over-year to $6.76 billion and non-GAAP EPS rising 15% to $6.13. Alongside the financial beat, the company announced that Anil S. Chakravarthy will succeed long-time CEO Shantanu Narayen, effective December 1st, as the firm pivots toward agentic AI integration.
Anil S. Chakravarthy, currently the President of Digital Experience, will become the new CEO effective December 1, 2026.
Adobe is deploying 'agentic' AI across its Creative Cloud and Acrobat platforms, including new conversational interfaces and AI-powered document analysis tools.