ADBE Q1 2024 Earnings — Adobe Inc. Revenue & Financial Results | Market Cap Arena

ADBEAdobe Inc.

$115B

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$5.2B+11.3% YoY

Gross Profit

$4.6B88.6% margin

Operating Income

$907M17.5% margin

Net Income

$620M12.0% margin

EPS (Diluted)

$1.36

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.1B

Stock-Based Comp.

$451M

Balance Sheet

Total Assets

$28.8B

Total Liabilities

$13.3B

Stockholders' Equity

$15.5B

Cash & Equivalents

$6.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.2B	$4.7B	+11.3%
Gross Profit	$4.6B	$4.1B	+12.4%
Operating Income	$907M	$1.6B	-42.8%
Net Income	$620M	$1.2B	-50.3%

Revenue Segments

Digital Media

$3.8B74%

Digital Experience

$1.3B25%

Print And Publishing

$77M1%

Geographic Segments

Americas

$3.1B60%

EMEA

$1.3B25%

Asia

$753M15%