ARR in the digital media segment grew to $13.7 billion, adding $410 million during the quarter. The Digital Experience segment continued on a solid footing, generating subscription revenue of $1.04 billion, up 12%.Īnnualized recurring revenue (ARR) is the foundation upon which future growth is built, and it didn't disappoint. Revenue from the creative business climbed to $2.76 billion, up 8% year over year, while the Document Cloud grew to $634 million, up 13%. Within the digital media segment, both the Creative Cloud and Document Cloud shined. The results in both segments outpaced Adobe's guidance, which called for growth of 8% and 10%, respectively.ĭigging a little deeper into the results illustrates the broad strength that exists across the business. Both segments would have grown 14% if not for foreign currency headwinds. Revenue from the digital media segment grew to $3.4 billion, up 9% year over year, while the digital experience segment produced revenue of $1.18 billion, up 11%.

A return to formĪdobe saw strength across its largest business segments, resulting in broad-based sales growth.

For context, analysts' consensus estimates were calling for revenue of $4.6 billion and EPS of $3.68, so Adobe cleared both bars with ease. The top and bottom line results exceeded Adobe's targets while also surpassing investor expectations.

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