Adobe’s annual revenue exceeds $ 11 billion

Over the year, this figure grew by 24%.
Adobe has published a report for the next quarter. And since she had it in the fourth quarter of fiscal year 2019, the report for the year as a whole was simultaneously published. Looking ahead, we’ll say that the quarter and year in revenue were a record for the company.

In particular, the quarter brought 2.99 billion dollars in revenue. This is 21% more than a year ago. At the same time, sales for the quarter in the Digital Media segment reached $ 2.08 billion, an increase of 22% year on year. In the Digital Experience segment, revenue was $ 859 million, up 24% year on year. GAAP operating profit was $ 970 million and non-GAAP operating profit was $ 1.27 billion. GAAP net income was $ 852 million, while non-GAAP net income was $ 1.12 billion.

Revenue for the entire fiscal year was $ 11.17 billion. This is 24% more than was received in fiscal year 2018. GAAP operating profit for the year increased by 15% compared to 2018, and net – by 14%. Non-GAAP calculation yields 23% and 15%, respectively.

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