Adobe Inc. (NASDAQ:ADBE) is one of the best metaverse stocks to buy, according to analysts. On March 12, Adobe Inc. (NASDAQ:ADBE) delivered record first-quarter fiscal 2026 results, as recurring revenue more than tripled and subscription revenue grew 13%. The better-than-expected results came as the company accelerated AI-powered capabilities across creativity, productivity, and customer experience orchestration.
Adobe, software
Total first-quarter revenue came in at a record high of $6.40 billion, up 12% year over year, leading to earnings per share of $6.06. Annualized recurring revenue in the quarter came in at $26.06 billion with record first-quarter cash flows from operations of $2.96 billion. Adobe exited the quarter with Remaining Performance Obligations of $22.22 billion and Current Remaining Performance Obligations of 67%.
For the second quarter of fiscal 2026, Adobe expects revenue to average between $6.43 billion and $6.48 billion. Business Professional and Consumer subscription revenue is expected to average between $1.80 billion and $1.82 billion, with Creative and Marketing Professional subscription revenue averaging between $4.41 billion and $4.44 billion.
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“Adobe delivered record Q1 results with AI‑first ARR more than tripling year over year and subscription revenue growing 13 percent,” said Shantanu Narayen, chair and CEO, Adobe. “Our mission to empower everyone to create represents an even larger opportunity as content powers all experiences in the AI era.”
Financial strength was also emphasized by Dan Durn, executive vice president and CFO. “Adobe delivered 13 percent subscription revenue growth and record Q1 cash flow of $2.96 billion,” he said. “As we accelerate AI‑powered capabilities across creativity, productivity and customer experience orchestration, Adobe is well positioned for continued profitable growth.”
Adobe Inc. (NASDAQ:ADBE) is a software application company that enables the metaverse by providing tools for creating, managing, and delivering 3D, augmented reality (AR), and virtual reality (VR) content. Through its Substance 3D portfolio and Adobe Aero, creators can build immersive environments, while Adobe Experience Manager helps brands deliver personalized 3D experiences.
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