ADBE vs HUBS

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.

HubSpot highlights AI-driven product momentum centered on its 'agentic customer platform' and the Breeze product family (Breeze Customer Agent, Breeze Prospecting Agent). Management characterizes 2025 as transformative, citing that AI adoption accelerated and Breeze products "delivered real outcomes for customers." Core AI offerings mentioned: Breeze Customer Agent, Breeze Prospecting Agent, and the Smart CRM / AI-powered engagement hubs. No explicit AI adoption metrics or named AI partnerships were disclosed. Financially, Q4 2025 total revenue was $846.7M (up 20% YoY), non-GAAP operating income was $191.0M, GAAP net income was $54.4M, and Q4 non-GAAP free cash flow was $209.4M. Guidance provided: Q1 2026 revenue $862.0M-$863.0M and FY2026 revenue $3.69B-$3.70B; non-GAAP EPS guidance Q1: $2.46-$2.48 and FY: $12.38-$12.46. Management tone on AI is bullish—emphasizing product momentum and upmarket traction—while the release includes customary risk language calling out regulatory developments around AI/ML and macro/FX headwinds.