ADBE vs CRWD

Adobe reported record Q1 FY2026 results driven in part by AI-related momentum: management highlighted that AI-first ARR more than tripled year-over-year and emphasized accelerating AI-powered capabilities across creativity, productivity and customer experience orchestration. Financials: total revenue $6.40B (+12% YoY), non-GAAP operating income $3.04B, non-GAAP net income $2.49B, operating cash flow $2.96B. Company provided Q2 revenue guidance of $6.43B–$6.48B and EPS guidance (GAAP $4.35–$4.40; Non-GAAP $5.80–$5.85) and reaffirmed FY2026 targets. The release contains strong AI positioning but does not disclose specific AI product names, primitives, developer tooling, or external AI partnerships.

CrowdStrike reported a strong Q4 FY2026 with $1.31B total revenue (+23% YoY), $5.25B ending ARR (+24% YoY), positive GAAP net income ($38.7M) and record non-GAAP operating income ($325.8M) and free cash flow ($376.4M). The company emphasized AI as a core growth vector, launched Falcon AI Detection and Response (AIDR), achieved ISO/IEC 42001:2023 responsible AI certification, and expanded strategic partnerships (notably with Microsoft and VAST Data). Key customer and product proof points include NordVPN selecting CrowdStrike to power Threat Protection Pro and perfect results in the 2025 MITRE ATT&CK Enterprise Evaluations. Guidance for Q1 FY27 and FY27 includes total revenue and non-GAAP EPS ranges, reflecting continued bullish outlook tied to AI-driven product momentum and marketplace expansion.