Adobe achieves record revenue of $4.39 bn

Adobe achieved record revenue of $4.39 billion (+14 percent) and operating income of $1.53 billion in its second quarter of fiscal year 2022 ended June 3, 2022.
Adobe MaxAdobe generated revenue of $3.20 billion (+15 percent) in Digital Media segment, $2.61 billion (+12 percent) in Creative, $595 million (+27 percent) in Document Cloud.

Net New Digital Media Annualized Recurring Revenue (ARR) was $464 million, exiting the quarter with Digital Media ARR of $12.95 billion. Creative ARR grew to $10.82 billion and Document Cloud ARR grew to $2.13 billion.

Adobe said Digital Experience segment revenue was $1.10 billion, representing 17 percent growth. Digital Experience subscription revenue was $961 million, representing 18 percent year-over-year growth.

Shantanu Narayen, chairman and CEO, Adobe, said: “We are winning in our established businesses and seeing significant momentum in new categories from content authoring for a broad base of creators to PDF functionality on the web to the leading real-time customer data platform for global enterprises.”

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