- Adobe has announced its Q1 results report for the fiscal year 2025.
- Takeaway Points
- Adobe announces Q1 results.
- The company recorded revenue of $5.71 billion in its first quarter of fiscal year 2025.
- On Feb 25, 2025, Adobe brought Photoshop to mobile to empower the next generation of creators.
Q1 Report
Adobe on Wednesday reported its financial results for its first quarter of fiscal year 2025, which ended Feb. 28, 2025, reaffirming its FY2025 targets, and previewed its customer-focused strategy ahead of Adobe’s Investor Meeting next week at Adobe Summit.
Shantanu Narayen, chair and CEO, Adobe, commenting about the report, said, “Adobe’s success over the next decade will be driven by customer-focused innovation and new offerings for creators, marketing professionals, business professionals and consumers. Adobe is well-positioned to capitalize on the acceleration of the creative economy driven by AI and we are reaffirming our FY2025 financial targets.”
Dan Durn, executive vice president and CFO, Adobe, said, “Our continued innovation and diversified go-to-market strategy drove a record Q1, with new AI-first standalone and add-on innovations exiting the quarter with over $125 million ending ARR book of business. Our customer- focused strategy, leading product portfolio and strong cash flow position us for sustainable long-term growth and increased market share.”
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The First Quarter Fiscal Year 2025 Report
According to the report, Adobe recorded revenue of $5.71 billion in its first quarter of fiscal year 2025, which represents 10 percent year-over-year growth, or 11 percent in constant currency. Diluted earnings per share was $4.14 on a GAAP basis and $5.08 on a non-GAAP basis.
The GAAP operating income in the first quarter was $2.16 billion, and non-GAAP operating income was $2.72 billion. GAAP net income was $1.81 billion and non-GAAP net income was $2.22 billion, the report stated.
Investor Meeting
Based on the report, the company will host an Investor Meeting with financial analysts and investors on Tuesday, March 18, 2025 at 2:00 p.m. at Adobe Summit in Las Vegas, Nevada. Adobe’s executive team will provide updates on Adobe’s strategy, innovation roadmap, market opportunity, and financials.
Adobe Brings Photoshop to Mobile to Empower Next Generation of Creators
On Feb 25, 2025, Adobe announced that it is bringing Photoshop to mobile and expanding the web experience, with Photoshop on iPhone available today and Android coming later this year. Photoshop’s iconic image editing and design capabilities, including tools such as layering, masking, and the popular Firefly-powered Generative Fill, are now more accessible and intuitive than ever with free and premium offerings and a mobile-friendly design for artists and designers who increasingly do their creative work on the go.
Ashley Still, senior vice president, digital media at Adobe, said, “We’re excited to bring the limitless creative possibilities of Photoshop to mobile, making the app’s iconic image editing and design capabilities accessible for everyone from professional artists and designers to a whole new generation of creators trying Photoshop for the first time. Photoshop’s new mobile and web apps unlock next generation creativity, empowering creators to bring to life gorgeous photos, rich graphics and incredible art anytime, anywhere.”
