Adobe (ADBE) Revenue — Quarter Ended Jun 2, 2023
Revenue for the reported quarter increased. This marks continued growth from both the prior quarter and the same period last year.
Key takeaway
Quarter ended Jun 2, 2023 · FY2023 Q2
Revenue for the reported quarter increased. This marks continued growth from both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.8B
Revenue reported for this quarter.
Quarter-over-quarter
+3.5%
Change from the immediately preceding quarter.
Year-over-year
+9.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$18.4B
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 |
|---|---|---|
| Sep 2, 2022 | $4.4B | +12.7% |
| Dec 2, 2022 | $4.5B | +10.1% |
| Mar 3, 2023 | $4.7B | +9.2% |
| Jun 2, 2023 | $4.8B | +9.8% |
Revenue performance
The company reported higher revenue in the current quarter, reflecting ongoing expansion.
Quarterly comparison
Revenue rose compared to the immediately preceding quarter and also showed an increase relative to the same quarter one year earlier.
What to watch
The sustained upward trend in revenue may warrant attention in future periods.