ADBE vs SNOW: AI Stock Comparison

Adobe Inc. vs Snowflake Inc.: AI exposure, key metrics, next earnings dates, upcoming catalysts and risks — every number linked to its source.

Tie: both score 3/5 on AI exposure under our rubric; compare the catalysts and risks below. The score measures how directly each business is tied to AI, not which stock to buy.
⏱ Next catalyst: $SNOW has the earlier next catalyst (Dec 2, 2026).
$ADBE
Adobe Inc.
Creative and document software with Firefly AI.
$SNOW
Snowflake Inc.
Cloud data platform used for AI workloads.
AI exposure score⚡⚡⚡⚡⚡ 3/5⚡⚡⚡⚡⚡ 3/5
Shares outstanding389.2M
as of 2026-09-18 · 10-Q cover page · SEC filing
352.8M
as of 2026-08-21 · 10-Q cover page · SEC filing
CategoryCloud softwareCloud software
Key metrics
Revenue (latest quarter) $6.76B
10-Q period ended 2026-08-28; +13% y/y · SEC filing
Gross margin 88.7%
Gross profit / revenue, same quarter · SEC filing
Operating income $2.35B
Same quarter; 35% operating margin · SEC filing
Revenue (latest quarter) $1.55B
10-Q period ended 2026-07-31; +35% y/y · SEC filing
Gross margin 67.0%
Gross profit / revenue, same quarter · SEC filing
Operating income -$263.0M
Same quarter; -17% operating margin · SEC filing
Next earnings
Dec 9, 2026 expected
Adobe Inc. quarterly earnings · source
Dec 2, 2026 confirmed
Snowflake Inc. quarterly earnings · source
Next catalyst
Dec 9, 2026 expected
Adobe Inc. quarterly earnings · source
Dec 2, 2026 confirmed
Snowflake Inc. quarterly earnings · source
Upcoming catalysts
Dec 9, 2026 expected
Adobe Inc. quarterly earnings · source
Dec 2, 2026 confirmed
Snowflake Inc. quarterly earnings · source
Most recent reportedNot yet announced / not on our calendarNot yet announced / not on our calendar
Key risks
  • “Issues relating to the development and use of AI in our solutions may result in reputational harm, liability and adverse business and financial results.” — 10-K risk factor (filed 2026-01-15) · source
  • “We may be unsuccessful at innovating in response to rapid technological or industry changes to meet customer needs, which could cause our business and financial results to suffer materially.” — 10-K risk factor (filed 2026-01-15) · source
  • “We have a history of operating losses and may not achieve or sustain profitability in the future.” — 10-K risk factor (filed 2026-03-20) · source
  • “As we are offering our platform in China through a Chinese-owned operating partner to Chinese affiliates of certain multi-national customers, risks associated with economic, political, and…” — 10-K risk factor (filed 2026-03-20) · source
AI angle

Adobe adds generative AI (Firefly) across Creative Cloud and Acrobat; AI is both a feature driver and a competitive threat from new tools.

Snowflake's consumption revenue rises as customers prepare and query data for AI; it offers AI and model services on its platform.

Full analysis: $ADBE →Full analysis: $SNOW →

The morning brief

Today's AI-stock catalysts in your inbox before the open. Free, 2-minute read.

Related matchups

Deep dives: ADBE next earnings & catalysts · SNOW next earnings & catalysts · AI earnings this week