Last updated on December 8th, 2022 at 02:39 pm
Her financial year 2020 ended on November 27
Adobe has published a report for the next quarter, which ended on November 27. Since this was the last quarter of fiscal 2020, the report for the full year was released at the same time.
Adobe has reported for the quarter and the year as a whole
For the quarter, revenue was generated at $ 3.42 billion. It turned out to be 14% more in annual terms. Quarterly sales in the Digital Media segment reached $ 2.50 billion, up 20% year-on-year. In the Creative segment, revenue was $ 2.08 billion, and in the Document Cloud segment, $ 411 million. The Digital Experience segment, now excluding the Advertising Cloud division, brought in $ 819 million. GAAP operating income was $ 1.22 billion and net income was $ 2.25 billion. A non-GAAP calculation gives values of $ 1.54 billion and $ 1.36 billion, respectively.
Revenue for the entire fiscal year was a record. It amounted to $ 12.87 billion, which is 15% more than in fiscal 2019. GAAP operating income grew 30% year-on-year to $ 4.24 billion, while net income grew 78%, $ 5.26 billion more than $ 1 billion). Non-GAAP calculation yields 24% and 27% gains, respectively. During the year, the company bought back its shares for $ 3.0 billion and completed it with assets worth $ 24.28 billion, including $ 4.48 billion in cash and equivalents.