Adobe Reports Record Q1 2025 Results and Reaffirms Full-Year Targets

San Jose, Calif. – March 12, 2025 – Adobe (Nasdaq: ADBE) announced its first-quarter fiscal year 2025 results, reporting record revenue of $5.71 billion, strong operating cash flows of $2.48 billion, and reaffirming its full-year 2025 financial targets.

Q1 2025 Financial Highlights:
Revenue: $5.71 billion (+10% YoY)
GAAP EPS: $4.14 | Non-GAAP EPS: $5.08
GAAP Operating Income: $2.16 billion | Non-GAAP Operating Income: $2.72 billion
Cash Flows from Operations: $2.48 billion
Remaining Performance Obligations (RPO): $19.69 billion
Business Segment Performance:
Digital Media Revenue: $4.23 billion (+11% YoY)
Annualized Recurring Revenue (ARR): $17.63 billion (+12.6% YoY)
Digital Experience Revenue: $1.41 billion (+10% YoY)
Subscription Revenue: $1.30 billion (+11% YoY)
FY2025 Financial Outlook:
Total Revenue: $23.30B – $23.55B
GAAP EPS: $15.80 – $16.10 | Non-GAAP EPS: $20.20 – $20.50
Digital Media Revenue: $17.25B – $17.40B
Digital Experience Revenue: $5.80B – $5.90B
Investor Events:
Adobe will host its Investor Meeting on March 18, 2025, at Adobe Summit in Las Vegas, NV, featuring insights into strategy, innovation, and financials.

For more details, visit Adobe Investor Relations.