Q2 2025 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Total Revenue | +10.6% YoY (from $5,309M to $5,873M) | Strong revenue growth driven by increased adoption of subscription offerings in Digital Media and Digital Experience segments, reflecting trends seen in previous periods. |
Geographic Revenue Contributions | Values for Q2 2025: Americas $3,500M, EMEA $1,541M, APAC $832M | Steady regional performance indicates robust demand across key markets which continues the balanced geographic revenue growth observed in prior periods. |
Profitability | Operating Income of $2,109M; Net Income of $1,691M; Gross Margin near 89% | High profitability is maintained through effective operational efficiency and cost management, building on a strong revenue base from the previous period. |
Operating Cash Flow & Cash Equivalents | Operating Cash Flow of $2,191M; cash declined to $4,931M | Robust operating cash generation continues to support liquidity; however, aggressive financing and stock repurchase activities—consistent with earlier period trends—resulted in a reduced cash balance. |
Stockholders’ Equity | Decreased from $13,095M in Q1 2025 to $11,448M in Q2 2025 | A significant reduction primarily driven by continued stock repurchase programs and treasury stock adjustments, compounding trends seen in earlier periods. |
Metric | Period | Guidance | Actual | Performance |
---|---|---|---|---|
Total Adobe Revenue | Q2 2025 | $5.77B to $5.82B | $5.873B | Beat |
Digital Media Segment Revenue | Q2 2025 | $4.27B to $4.30B | $4.345B | Beat |
Digital Experience Segment Revenue | Q2 2025 | $1.43B to $1.45B | $1.457B | Beat |
Digital Experience Subscription | Q2 2025 | $1.315B to $1.325B | $1.334B | Beat |
GAAP EPS | Q2 2025 | $3.80 to $3.85 | $3.94 to $3.95 | Beat |
Research analysts covering ADOBE.