Adobe Inc. (ADBE) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.293 Welcome to the QNFY2026 00:00:03.856 -- 00:00:08.483 Adobe Earnings Conference Call. Today's conference is being recorded. 00:00:08.483 -- 00:00:12.368 At this time, I would like to turn the conference over to Doug Clark, Vice President 00:00:12.368 -- 00:00:15.252 of Investor Relations. Please go ahead. 00:00:15.252 -- 00:00:17.235 Good afternoon and thank you for joining us. 00:00:17.235 -- 00:00:22.402 With me on the call today are Shantanu Narayan, Adobe's Chair and CEO, David Wadwani, 00:00:22.402 -- 00:00:27.565 President of Creativity and Productivity, Anil Chakravarty, President of Customer Experience 00:00:27.565 -- 00:00:31.750 Orchestration, and Dan Dern, Executive Vice President and CFO. 00:00:31.750 -- 00:00:35.735 On this call, which is being recorded, we will discuss Adobe's first quarter fiscal year 00:00:35.735 -- 00:00:41.102 2026 financial results. You can find our press release as well as PDFs of our prepared 00:00:41.102 -- 00:00:45.167 remarks and financial results on Adobe's Investor Relations website. 00:00:45.167 -- 00:00:49.292 The information discussed on this call, including our financial targets and product plans, 00:00:49.292 -- 00:00:53.397 is as of today, March 12, and contains forward-looking statements that involve risk, 00:00:53.397 -- 00:00:57.975 uncertainty, and assumptions. Actual results may differ materially from those set forth 00:00:57.975 -- 00:01:02.140 in these statements. For more information on those risks, please review today's earnings 00:01:02.140 -- 00:01:04.964 release and Adobe's SEC filings. 00:01:04.964 -- 00:01:08.229 On this call, we will discuss GAAP and non-GAAP financial measures. 00:01:08.229 -- 00:01:12.795 Our reported results include GAAP growth rates and non-GAAP gro...