Adobe reports record second-quarter revenue

“Our strategy to deliver ground-breaking innovation for Business Professionals and Consumers, and Creative and Marketing Professionals is delighting customers and we are pleased to raise Adobe’s FY25 revenue target,” said Shantanu Narayen, chair and CEO, Adobe. “Adobe’s AI innovation is transforming industries enabling individuals and enterprises to achieve unprecedented levels of creativity.”

“As a result of us driving strong performance in the first half of the year, we are pleased to raise Adobe’s FY25 total revenue and EPS targets,” said Dan Durn, executive vice president and CFO, Adobe. “We continue to invest in AI innovation across our customer groups to enhance value realization and expand the universe of customers we serve.”

Second Quarter Fiscal Year 2025 Business Segment Highlights

• Digital Media segment revenue was $4.35 billion, which represents 11 percent year-over-year growth, or 12 percent in constant currency. Digital Media Annualized Recurring Revenue (“ARR”) exiting the quarter was $18.09 billion, representing 12.1 percent year-over-year growth.

• Digital Experience segment revenue was $1.46 billion, representing 10 percent year-over-year growth as reported and in constant currency. Digital Experience subscription revenue was $1.33 billion, representing 11 percent year-over-year growth as reported and in constant currency.

Customer Group Supplemental Disclosure

• Business Professionals and Consumers Group subscription revenue was $1.60 billion, which represents 15 percent year-over-year growth as reported and in constant currency.
• Creative and Marketing Professionals Group subscription revenue was $4.02 billion, which represents 10 percent year-over-year growth, or 11 percent in constant currency.