{
  "id": 6664226,
  "title": "Adobe shares slip as Q4 revenue guidance falls short despite a Q3 beat",
  "url": "https://urgent.news/2026/09/10/adobe-shares-slip-as-q4-revenue-guidance-falls-short-despite-a-q3-beat",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T23:25:38.000Z",
  "source": {
    "name": "SiliconANGLE",
    "slug": "siliconangle",
    "url": "https://siliconangle.com/2026/09/10/adobe-shares-slip-as-q4-revenue-guidance-falls-short-despite-a-q3-beat/"
  },
  "original_language": "en",
  "account": "Adobe Inc.'s shares fell over 1% in extended trading following its Q3 earnings report, which revealed a fourth-quarter revenue forecast that was below analyst projections. For the quarter ending August 28, Adobe reported adjusted earnings of $6.13 per share, an improvement from $5.31 per share in the same period last year, on record revenue of $6.76 billion, a 13% increase year-over-year. Analysts had anticipated earnings of $6.08 per share on revenue of $6.69 billion. Adjusted net income grew 3% to $1.83 billion, although a higher tax charge significantly reduced the increase in pretax profit. Total annualized recurring revenue hit $27.50 billion by the quarter's close. Operating cash flow reached a record $2.52 billion, and Adobe used $2.23 billion to repurchase approximately 9.5 million shares. CEO Shantanu Narayen noted that Adobe's artificial intelligence-driven products have generated over $650 million in annualized revenue, with monthly active users surpassing 1 billion. The company warned earlier this year that its free-tier strategy might temporarily impact recurring revenue, with more than 100 million creative freemium users, a 70% growth. Revenue from Adobe's Business Professionals & Consumers segment rose 16% to $1.91 billion, while the Creative & Marketing Professionals segment expanded 13% to $4.65 billion. Anil Chakravarthy, who manages Customer Experience Orchestration and field operations, was named CEO on September 3, succeeding Narayen, who stepped down six months earlier. The CFO position has been on an interim basis since Dan Durn left in June. For the upcoming fiscal fourth quarter, Adobe anticipates adjusted earnings of $6.30 to $6.35 per share on revenue of $6.80 billion to $6.85 billion, slightly above the consensus of $6.30 per share on $6.85 billion in revenue. The full-year revenue outlook has been revised upward to $26.576 billion to $26.626 billion, with adjusted earnings forecast at $24.45 to $24.50 per share. Adobe maintained its goal of achieving a 10.2% growth in total annualized recurring revenue.",
  "summary": "Shares of Adobe Inc. fell more than 1% in after-hours trading today after a third-quarter beat from the creative software company came with a fourth-quarter revenue forecast whose midpoint fell below analyst expectations. For the quarter ended on Aug. 28, Adobe reported adjusted earnings of $6.13 per share, up from $5.31 in the same quarter […] The post Adobe shares slip as Q4 revenue guidance…",
  "key_points": [
    "Adobe shares drop over 1% after Q4 revenue forecast misses expectations",
    "Q3 earnings beat $6.13 per share adjusted earnings, $6.76 billion revenue",
    "CEO Shantanu Narayen highlights AI products generating $650M annual revenue"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}