Collaboration Software

Adobe (NASDAQ: ADBE) — Q3 FY2026 Post Earnings

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Adobe ADBE q3 26 post earnings

Operations

Q3 2026
Q3 Revenue ↑ 12.9% YoY $6.76B
Segments
Subscription 97.4%
Product 1.0%
Services and other 1.6%

Key Earnings Driver

Business Professionals & Consumers Subscription revenue increased 13.7% year over year to $6.58B, Within Subscription, Total Customer Group subscription revenue was $6.56B, with Business Professionals & Consumers subscription revenue increasing 15.6% to $1.91B, and Creative & Marketing Professionals subscription revenue increasing 13.0% to $4.65B. Product revenue declined 1.5% to $67M, and Services and other revenue declined 14% to $111M. Management cited expanding its user base through a freemium strategy and deeper engagement with agentic experiences to deliver long-term durable growth.

Key Operating Metrics¹

METRIC

STATUS

Subscription↑ 13.7%

Total Customer Group↑ 13.7%

Business Professionals & Consumers↑ 15.6%

🟢 Scaling

Creative & Marketing Professionals↑ 13.0%

Key Financial Metrics

Gross Margin 88.71% -0.6 pp YoY
Backlog / Revenue 327.8% 3.27x Qtr Rev
CapEx Intensity 1.26% 0.01x Revenue

Sources: Adobe Q3 FY2026 Earnings Release — Company Website

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Cisco (NASDAQ: CSCO) — Q4 FY2026 Post Earnings

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Post earnings note company quarterly analysis

Operations

Q4 2026
Q4 Revenue ↑ 17.6% YoY $17.25B
Segments
Networking 56.7%
Security 12.9%
Collaboration 6.8%
Observability 1.6%
Services 22.0%

Key Earnings Driver

AI Infrastructure Networking revenue increased 28.3% year over year to $9.8B. Within Networking, AI infrastructure revenue reached approximately $4B for FY2026, up approximately 300% from $1B, and AI infrastructure orders reached $9.3B. Security revenue increased 14% to $2.23B, Collaboration revenue increased 12% to $1.17B, Observability revenue increased 6.2% to $275M, while Services revenue increased 0.2% to $3.79B.

Key Operating Metrics¹

METRIC

STATUS

Networking↑ 28.3%

AI Infrastructure

🟢 Scaling

Security↑ 14.0%

Services↑ 0.2%

Sources: Cisco Q4 FY2026 and FY2026 Earnings — Company Website

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Cisco (NASDAQ: CSCO) — Q4 FY2026 Pre Earnings

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Pre earnings note company quarterly analysis

Operations

Q3 2026
Q3 Revenue ↑ 12.0% YoY $15.84B
Segments
Networking 55.6%
Security 12.7%
Collaboration 6.5%
Observability 1.7%
Services 23.5%

Key Earnings Driver

AI Infrastructure Networking revenue increased 24.7% year over year to $8.8B. Within Networking, Cisco reported $5.3B in AI infrastructure orders year to date through Q3 FY2026, with the company expecting FY2026 AI infrastructure orders to reach $9B and AI infrastructure revenue to reach $4B. Security revenue declined 0.2% to $2.0B, Collaboration revenue decreased 0.7% to $1.0B, Observability revenue increased 3.1% to $269M, while Services revenue declined 1.4% to $3.7B.

Key Operating Metrics¹

METRIC

STATUS

Networking↑ 24.7%

AI Infrastructure

🟢 Scaling

Security↓ 0.2%

🟡 Watch

Services↓ 1.4%

🟡 Watch

Sources: Cisco Q3 FY2026 Earnings Release — Company Website, Cisco Q3 FY2026 Revenue Disaggregation — SEC Filing

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.