Adobe’s Q4 Results Get a Lift From Strong Digital Media, Digital Experience Growth

Digital Media sales totaled $3.01 billion, up 21% from the same period last year, thanks to increases in Creative revenue of $2.48 billion, up 19%, and Document Cloud revenue of $532 million, up 29%. Revenue for the Digital Experience sector totaled $1.01 billion, up 23% from the same period last year, driven by a 27% rise in subscription revenue to $886 million. The total revenue for Adobe in Q4 rose by 20% to $4.11 billion.
For Adobe’s three strategic clouds, it was a “tremendous finale to the year,” according to Durn. In Q4, Adobe increased their Creative yearly recurring revenue by $430 million (ARR)