Adobe delivered strong financial results for fiscal year 2024, with revenue reaching $21.5 billion, up 11% year-over-year. Digital Media segment revenue grew 12% to $15.9 billion, driven by Creative Cloud revenue of $12.7 billion and Document Cloud revenue of $3.2 billion. Total Digital Media ARR increased by $2 billion to $17.33 billion.Digital Experience segment revenue rose 10% to $5.4 billion, with subscription revenue growing 12% to $4.9 billion. The company maintained strong profitability with operating income of $6.7 billion and net income of $5.6 billion. Operating cash flow was robust at $8.1 billion. During the year, Adobe incurred a $1 billion termination fee related to the terminated Figma acquisition.Adobe continued to innovate across its portfolio, introducing new AI capabilities including Adobe Firefly, Acrobat AI Assistant, and Adobe GenStudio. The company strengthened its balance sheet by issuing $2 billion in senior notes while returning significant value to shareholders through $9.5 billion in share repurchases. Looking ahead, Adobe remains focused on driving growth through AI innovation and expanding its market opportunities.

Adobe delivered strong financial results for fiscal year 2024, with revenue reaching $21.5 billion, up 11% year-over-year. Digital Media segment revenue grew 12% to $15.9 billion, driven by Creative Cloud revenue of $12.7 billion and Document Cloud revenue of $3.2 billion. Total Digital Media ARR increased by $2 billion to $17.33 billion.Digital Experience segment revenue rose 10% to $5.4 billion, with subscription revenue growing 12% to $4.9 billion. The company maintained strong profitability with operating income of $6.7 billion and net income of $5.6 billion. Operating cash flow was robust at $8.1 billion. During the year, Adobe incurred a $1 billion termination fee related to the terminated Figma acquisition.Adobe continued to innovate across its portfolio, introducing new AI capabilities including Adobe Firefly, Acrobat AI Assistant, and Adobe GenStudio. The company strengthened its balance sheet by issuing $2 billion in senior notes while returning significant value to shareholders through $9.5 billion in share repurchases. Looking ahead, Adobe remains focused on driving growth through AI innovation and expanding its market opportunities.