Adobe (ADBE) Revenue — Quarter Ended Dec 1, 2023
Adobe reported revenue growth for the quarter, extending its sequential upward trend. The top line also showed a year-over-year increase, reflecting sustained demand.
Key takeaway
Quarter ended Dec 1, 2023 · FY2023 Q4
Adobe reported revenue growth for the quarter, extending its sequential upward trend. The top line also showed a year-over-year increase, reflecting sustained demand.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5B
Revenue reported for this quarter.
Quarter-over-quarter
+3.2%
Change from the immediately preceding quarter.
Year-over-year
+11.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.4B
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 |
|---|---|---|
| Mar 3, 2023 | $4.7B | +9.2% |
| Jun 2, 2023 | $4.8B | +9.8% |
| Sep 1, 2023 | $4.9B | +10.3% |
| Dec 1, 2023 | $5B | +11.6% |
Revenue performance
Revenue rose from the immediately preceding quarter, marking another period of expansion. Compared with the same quarter a year earlier, the growth rate accelerated versus the prior quarter's year-over-year pace.
Quarterly comparison
Sequentially, revenue continued to increase from the prior quarter. On a year-over-year basis, the quarter's revenue surpassed the level of the same period one year earlier by a meaningful margin.
What to watch
Monitor whether revenue growth momentum can be maintained in the coming quarters amid evolving market conditions.