CLAIM #4248 · Adobe Systems Incorporated (ADBE) · 2025Q1 earnings call · Mar 12, 2025 · due Nov 30, 2025
“We've got a strong point of view about the financial profile throughout the course of the year. Happy to reaffirm guidance, but we're going to drive that with strong operating margins, strong cash flow delivery and be strong capital allocators throughout the year.”
Dan Durn · CFO
How to check this claim
Look at: Full fiscal year operating margin and free cash flow, as reaffirmed in company guidance
It came true if: Fiscal year operating margin and free cash flow meet or exceed the guidance ranges reaffirmed as of this call
Where: Company income statement and cash flow statement (10-K / Q4 earnings release)
In context
“ere's been good adoption of AI in that. And so that was the other intent, to start to show that so that we can talk about it more at the FA meeting. Keith Weiss: Outstanding. Can I sneak one -- last one in for Mr. Durn? It's great to see you guys take advantage of the pullback in the stock price by accelerating the share repurchase which picked up this quarter. Could these -- could this pace of share repurchases, can you guys sustain this throughout the year or is that more of a onetime pickup? Dan Durn : Yes. So if I take a step back, Keith, and you think about the last four quarters, we've repurchased almost $11 billion. And we've always talked about if there's opportunities to be opportunistic along the way, we would take advantage of it. And I think that's what you saw play out in Q1. We've got a strong point of view about the financial profile throughout the course of the year. Happy to reaffirm guidance, but we're going to drive that with strong operating margins, strong cash flow delivery and be strong capital allocators throughout the year. So we feel good about where we sit. And if there's opportunities to be opportunistic, we will. Shantanu Narayen : And Keith, it's definitely a vote of confidence that we feel in what we are seeing as the opportunities ahead of us. Keith Weiss: Yes. It’s great to see you guys putting your money where your mouth is by accelerating that share repurchase. It definitely helps. Operator: And the next question will come from Kash Rangan with Goldman Sachs. Kash Rangan: Hi, thank you very much. Much appreciate the disclosure and the color and everything that goes with it. Shantanu, question for you. When you pivoted the company to a new business model through cloud, initially there was a lot of skepticism. Then you proved to us that the TAM was actually larger in the new creative meets the cloud”
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SEC filings for ADBE ↗ · Claim quote is verbatim from the 2025Q1 earnings call.