Adobe Inc. (ADBE)
The company now
Adobe reported record third-quarter fiscal 2026 revenue of $6.76 billion on 10 September, up 13 percent from a year earlier 1. The quarter ended 28 August 2026 1.
Annualized recurring revenue, the yearly value of its subscription contracts, reached $27.50 billion, up 11.2 percent 2. The company raised its full-year revenue target to a range of $26.576 billion to $26.626 billion 1.
On 2 September the board named Anil Chakravarthy, who runs the customer experience business, as chief executive, effective 1 December 2026 3. Shantanu Narayen becomes executive chair 3.
David Wadhwani, who led the creative and productivity business, stepped down as its president effective 27 September, and will stay as a senior advisor 3. The chief financial officer role has been held on an interim basis since June 7.
Adobe says the lift came from AI products and a wider user base, and cites a milestone of 1 billion monthly active users across its creativity and productivity tools 1. Its board called the new chief executive the right leader for the next chapter of growth 4.
As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.