ADBE · News · 20260914N

AI Recurring Revenue Growth

ADOBE INC. · 2026-09-14 · Importance 89 · Surprise 82 · In source text

Adobe’s AI-first annualized recurring revenue was reported to be growing at more than 150% year over year. Total annualized recurring revenue reached $27.5 billion in fiscal Q3. Despite the AI-first ARR growth, net new ARR declined approximately 36% to 38% year over year, creating a significant near-term monetization concern.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized—ADBE's AI-first ARR is growing 150%+ and total ARR stands at $27.5B.