Adobe Inc (OQ:ADBE)

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
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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

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