Creative ARR grew to $8.72 billion, and Document Cloud ARR grew to $1.46 billion.Īdobe ended the fiscal year 2020 with a record annual revenue of $12.87 billion, up 15% and non GAAP EPS was $10.10. Revenue from the Digital Experience segment was $877 million.ĭigital Media Annualized Recurring Revenue (ARR) grew to $10.18 billion exiting the quarter, a q-o-q increase of $548 million. Adjusted EPS of $2.81 also beat analyst estimates of $2.25.īy segment, revenue from the Digital Media segment grew 20% to $2.50 billion with Creative revenue growing to $2.08 billion and Document Cloud growing to $411 million. The company continues to drive acquisitions and product innovations to address a $147 billion total addressable market opportunity.Īdobe’s fourth quarter revenues grew 14% to $3.42 billion, ahead of the market’s estimates by 1.91%. Adobe (NASDAQ: ADBE) recently reported its quarterly results that outpaced market expectations.
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