Adobe (ADBE) Revenue — Quarter Ended Mar 3, 2023
Revenue increased compared to the prior quarter and the same quarter last year. The growth reflects continued demand for the company's offerings.
Key takeaway
Quarter ended Mar 3, 2023 · FY2023 Q1
Revenue increased compared to the prior quarter and the same quarter last year. The growth reflects continued demand for the company's offerings.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.7B
Revenue reported for this quarter.
Quarter-over-quarter
+2.9%
Change from the immediately preceding quarter.
Year-over-year
+9.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$18B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 3, 2022 | $4.4B | +14.4% |
| Sep 2, 2022 | $4.4B | +12.7% |
| Dec 2, 2022 | $4.5B | +10.1% |
| Mar 3, 2023 | $4.7B | +9.2% |
Revenue performance
Revenue for the quarter was higher than the preceding quarter, indicating sequential improvement. The year-over-year comparison also shows an increase from the same period one year earlier.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Versus the same quarter one year ago, revenue was also higher.
What to watch
Monitor whether revenue growth can sustain its pace in upcoming quarters.