Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 345 PARK AVE SAN JOSE CA 95110-2704 |
Tel: | N/A |
Website: | https://www.adobe.com |
IR: | See website |
Key People | ||
Shantanu Narayen Chairman of the Board, Chief Executive Officer | Daniel J. Durn Chief Financial Officer, Executive Vice President - Finance, Technology Services and Operations | Anil Chakravarthy President - Digital Experience Business |
David Wadhwani President - Digital Media Business | Gloria Chen Chief People Officer, Executive Vice President - Employee Experience | Dana Rao Executive Vice President, General Counsel, Corporate Secretary, Chief Trust Officer |
Scott Belsky Chief Strategy Officer, Executive Vice President - Design and Emerging Products | Mark S. Garfield Senior Vice President, Chief Accounting Officer |
Business Overview |
Adobe Inc. is a global technology company. The Company's products, services and solutions are used around the world to imagine, create, manage, deliver, measure, optimize and engage with content across surfaces and fuel digital experiences. Its segments include digital media, digital experience, and publishing and advertising. The digital media segment is centered around Adobe Creative Cloud and Adobe Document Cloud, which include Adobe Express, Adobe Firefly, Photoshop and other products, offering a variety of tools for creative professionals, communicators and other consumers. The digital experience segment provides an integrated platform and set of products, services and solutions through Adobe Experience Cloud. The publishing and advertising segment contains legacy products and services. In addition, its Adobe GenStudio solution allows businesses to simplify their content supply chain process with generative artificial intelligence (AI) capabilities and intelligent automation. |
Financial Overview |
For the 13 weeks ended 01 March 2024, Adobe Inc revenues increased 11% to $5.18B. Net income decreased 50% to $620M. Revenues reflect Digital Media segment increase of 12% to $3.82B, Digital Experience segment increase of 10% to $1.29B, Americas segment increase of 12% to $3.11B, Europe, Middle East and Africa - EMEA segment increase of 12% to $1.32B. Net income was offset by Research and development - Balancing increase of 15% to $710M (expense). |
Employees: | 29,945 as of Dec 1, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $225,079M as of Mar 1, 2024 |
Annual revenue (TTM): | $19,936M as of Mar 1, 2024 |
EBITDA (TTM): | $7,843M as of Mar 1, 2024 |
Net annual income (TTM): | $4,801M as of Mar 1, 2024 |
Free cash flow (TTM): | $6,487M as of Mar 1, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 453,000,000 as of Mar 1, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |