GAAP net income was $4.76 billion and non-GAAP net income was $6.46 billion.Īdobe generated a record $7.84 billion in operating cash flows during the year.Īdobe repurchased approximately 15.7 million shares during the year.įiscal Year 2022 Business Segment Highlightsĭigital Media segment revenue was $12.84 billion, which represents 11 percent year-over-year growth or 16 percent adjusted year-over-year growth 1. GAAP operating income was $6.10 billion and non-GAAP operating income was $7.95 billion. Diluted earnings per share was $10.10 on a GAAP basis and $13.71 on a non-GAAP basis. Digital Experience subscription revenue was $1.01 billion, representing 14 percent year-over-year growth or 16 percent in constant currency.Īdobe achieved revenue of $17.61 billion in fiscal year 2022, which represents 12 percent year-over-year growth or 15 percent adjusted year-over-year growth 1. Creative ARR grew to $11.60 billion and Document Cloud ARR grew to $2.37 billion.ĭigital Experience segment revenue was $1.15 billion, representing 14 percent year-over-year growth or 16 percent in constant currency. Net new Digital Media Annualized Recurring Revenue (“ARR”) was $576 million, exiting the quarter with Digital Media ARR of $13.97 billion. Document Cloud revenue was $619 million, representing 16 percent year-over-year growth or 19 percent in constant currency. Creative revenue grew to $2.68 billion, representing 8 percent year-over-year growth or 13 percent in constant currency. Remaining Performance Obligations (“RPO”) exiting the quarter were $15.19 billion.Īdobe repurchased approximately 5.0 million shares during the quarter.įourth Quarter Fiscal Year 2022 Business Segment Highlightsĭigital Media segment revenue was $3.30 billion, which represents 10 percent year-over-year growth or 14 percent in constant currency. Record cash flows from operations were $2.33 billion. GAAP net income was $1.18 billion and non-GAAP net income was $1.68 billion. GAAP operating income in the fourth quarter was $1.51 billion and non-GAAP operating income was $2.02 billion. Diluted earnings per share was $2.53 on a GAAP basis and $3.60 on a non-GAAP basis. “Strong demand for our offerings, industry-leading innovation and track record of top- and bottom-line growth set us up to capture the massive opportunities in 2023 and beyond.”įourth Quarter Fiscal Year 2022 Financial HighlightsĪdobe achieved revenue of $4.53 billion in its fourth quarter of fiscal year 2022, which represents 10 percent year-over-year growth or 14 percent in constant currency. “Adobe’s outstanding financial performance in fiscal 2022 drove record operating cash flows of $7.84 billion,” said Dan Durn, executive vice president and CFO, Adobe. “Our market opportunity, unparalleled innovation, operational rigor and exceptional talent position us well to drive our next decade of growth.” “Adobe drove record revenue and operating income in fiscal 2022,” said Shantanu Narayen, chairman and CEO, Adobe. Record Q4 Digital Media net new ARR and strong Adobe Experience Platform bookings drive business momentumĪdobe (Nasdaq:ADBE) today reported financial results for its fourth quarter and fiscal year 2022 ended Dec.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |