![]() ![]() 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. ![]()
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