Quarterly guidance

Total Adobe revenue
$6.8 billion to $6.85 billion
Business Professionals and Consumer subscription revenue
$1.93 billion to $1.95 billion
Creative and Marketing Professionals subscription revenue
$4.665 billion to $4.695 billion
GAAP EPS
$4.65 to $4.70
Non-GAAP EPS
$6.30 to $6.35

Annual guidance

Total Adobe revenue
$26.576 billion to $26.626 billion
Business Professionals and Consumers subscription revenue
$7.47 billion to $7.49 billion
Creative and Marketing Professionals subscription revenue
$18.242 billion to $18.272 billion
Total Adobe ending ARR book of business growth
10.2% year-over-year compared to beginning book of business of $25.66 billion
GAAP EPS
$18.12 to $18.17
Non-GAAP EPS
$24.45 to $24.50

Outlook

Macroeconomic assumptions
Financial targets assume current macroeconomic conditions.
Product innovation
Anticipates major product announcements and innovations showcased at Adobe MAX in Miami Beach.
Freemium funnel
Continued focus on driving new user acquisition through freemium funnels and increasing AI usage intensity.
Enterprise demand
Strong pipeline and seasonal enterprise strength expected to drive Q4 results across CXO, creative, and productivity segments.