Today we announced record revenue of $5.41 billion, representing 11 percent year-over-year growth as reported and in constant currency. Q3FY24 Digital Media revenue: $4.00 billion, 11% YoY growth, or 12% in constant currency ?? Creative Cloud revenue: $3.19 billion, 10% YoY growth, or 11% in constant currency ?? Document Cloud revenue: $807 million, 18% YoY growth, as reported and in constant currency Q3FY24 Digital Experience revenue: $1.35 billion, 10% YoY growth, as reported and in constant currency ??? Digital Experience subscription revenue: $1.23 billion, 12% YoY growth, as reported and in constant currency Additional business highlights: ?? Record Q3 net new Document Cloud ARR ?? Company previews new Firefly Video model Learn more: https://adobe.ly/3B5mqv1
Adobe’s record revenue achievement highlights the impact of innovation, customer focus, and strategic growth. This milestone is a testament to how consistently delivering cutting-edge solutions and empowering creativity can drive remarkable business success. From our experience, investing in a customer-centric approach and continuously evolving products to meet market needs is key to sustaining growth. It’s inspiring to see Adobe setting such a high benchmark in the industry, proving that when you prioritize value and innovation, success naturally follows.
It is because of all of the great people I know that work there!
With such monetizing model, subscription, instead of selling the software like before, leaving the buyers "hijacked" with their own files if they stop paying the monthly fee... Congrats on those results. They might allow the company's principals to buy some backbones...
Guys, remember when we could buy software outright? ??
Yes, that's because you're ripping us off and increasing rates... I'm forced into a corner to buy the whole creative cloud licence only because I need 3 softwares...
When the hard work pays off. Q3 was full of fun and learnings
Interesting
Congratulations on the impressive revenue milestone and strong year-over-year growth, particularly within the Creative Cloud segment! This achievement highlights the growing demand for digital media solutions, driven by innovation and customer engagement. For insights on how cybersecurity can support sustainable growth in digital media, feel free to visit my profile!