Reported Q: Q4 2024 Rev YoY: +11.1% EPS YoY: +17.2% Move: -1.41%
Adobe Inc
ADBE
$264.60 -1.41%
Exchange NASDAQ Sector Technology Industry Software Infrastructure
Q4 2024
Published: Jan 13, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for ADBE

Reported

Report Date

Jan 13, 2025

Quarter Q4 2024

Revenue

5.61B

YoY: +11.1%

EPS

3.80

YoY: +17.2%

Market Move

-1.41%

Previous quarter: Q3 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $5.61B up 11.1% year-over-year
  • EPS of $3.80 increased by 17.2% from previous year
  • Gross margin of 89.0%
  • Net income of 1.68B
  • "Shantanu Narayen: "2024 was a year of records for Adobe, with a strong focus on AI innovations shaping our trajectory for growth."" - Shantanu Narayen
ADBE
Adobe Inc

Executive Summary

In Q4 2024, Adobe Inc reported a revenue of $5.61 billion, representing a year-over-year increase of 11%. The digital media business achieved record net new Annual Recurring Revenue (ARR) of $578 million. Management highlighted strong AI-driven growth across products, particularly with Adobe Firefly, which contributed to a cumulative total of 16 billion content generations. This quarter also marked the culmination of a remarkable fiscal year, with total revenues reaching $21.51 billion, driven by robust performance in both digital media and experience segments. The management expressed confidence in the growth trajectory for FY2025, introducing guidance of $23.30 billion to $23.55 billion in revenue, supported by innovative solutions and integrations in AI and content generation.

Key Performance Indicators

Revenue
Increasing
5.61B
QoQ: 3.66% | YoY: 11.05%
Gross Profit
Increasing
4.99B
89.01% margin
QoQ: 2.80% | YoY: 13.05%
Operating Income
Increasing
1.96B
QoQ: -1.76% | YoY: 12.28%
Net Income
Increasing
1.68B
QoQ: -0.06% | YoY: 13.49%
EPS
Increasing
3.82
QoQ: 1.06% | YoY: 17.18%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q4 2024 5,606.00 3.80 +11.1% View
Q3 2024 5,408.00 3.76 +7.1% View
Q2 2024 5,309.00 3.49 +8.6% View
Q1 2024 5,182.00 1.36 +6.0% View
Q4 2023 5,048.00 3.23 +4.8% View