Adobe (ADBE) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Adobe Systems reported revenue of $6.4 billion for the quarter ended February 2026, reflecting a 12% increase year-over-year [1] - The earnings per share (EPS) was $6.06, up from $5.08 in the same quarter last year, indicating strong growth [1] - The reported revenue exceeded the Zacks Consensus Estimate of $6.28 billion by 1.86%, while the EPS also surpassed the consensus estimate of $5.88 by 3.1% [1] Revenue Breakdown - Revenue from Services and other was $110 million, slightly below the estimated $110.81 million, representing a year-over-year decline of 19.1% [4] - Subscription revenue reached $6.2 billion, exceeding the average estimate of $6.09 billion, with a year-over-year growth of 13% [4] - Product revenue was reported at $90 million, surpassing the average estimate of $74.8 million, but showed a decline of 5.3% compared to the previous year [4] Stock Performance - Adobe's shares have returned 6.4% over the past month, contrasting with a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]