Adobe's Q4 2025 results beat expectations, driven by AI tool demand and strong subscription growth.

Adobe reported stronger-than-expected Q4 2025 results, with revenue of $6.19 billion and adjusted EPS of $5.50, surpassing estimates. Growth was fueled by increased demand for AI-powered tools in Creative Cloud and Document Cloud, boosting subscription and billings growth. The company’s recurring revenue reached $19.2 billion annually, with billings up 12.3% year-over-year. Analysts cited improved visibility and upgraded outlooks, calling Adobe’s business narrative “rebased” due to resilient performance, strategic AI investments, and disciplined cost management. Shares rose in after-hours trading.