Adobe posted a 13% revenue increase to $6.76 billion in Q3, fueled by AI-driven growth, and announced a leadership transition as it raised its full-year fiscal 2026 financial outlook.
Adobe reported strong Q3 earnings with 13% revenue growth and raised full-year outlook, driving bullish sentiment.
Adobe reported strong Q3 fiscal 2026 results, with revenue climbing 13% year-over-year to $6.76 billion and non-GAAP EPS rising 15% to $6.13. The company also announced a leadership transition, naming Anil Chakravarthy as the incoming CEO effective December 1, while current CEO Shantanu Narayen moves to executive chair. Driven by robust AI adoption and enterprise demand, Adobe raised its full-year revenue and earnings guidance.
Anil Chakravarthy, currently the president of customer experience and orchestration, will become Adobe's president and CEO effective December 1, 2026.
Growth is primarily driven by the rapid adoption of AI-integrated products, including Firefly, Acrobat AI, and enterprise-focused agentic software solutions.