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BlockBeats News, June 12th - U.S. software giant Adobe released its Q2 2026 earnings: revenue of $66.2 billion, a 13% year-over-year increase, or 11% growth on a constant currency basis. Diluted earnings per share were $4.25; adjusted EPS was $5.96. As of the end of this quarter, Adobe's Annual Recurring Revenue ("ARR") totaled $27.1 billion, including approximately $480 million from Semrush. Second-quarter GAAP revenue was $22.4 billion, non-GAAP revenue was $29.5 billion. GAAP net income was $17.1 billion, non-GAAP net income was $24 billion. Cash flow from operating activities was $21.7 billion.
Adobe's Chairman and CEO, Shantanu Narayen, said: "Adobe achieved a record revenue of $66.2 billion in the second quarter, reflecting strong demand for our AI across all customer segments. Based on this robust performance, we have raised our full-year 2026 revenue and non-GAAP EPS targets. We are committed to bringing the powerful capabilities of our new AI products to consumers, businesses, creators, and marketers, fulfilling our mission of 'Empowering Everyone, Creating Infinite Possibilities'."
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