Adobe Q4 revenue up 22 percent to $1.31 billion

Adobe Q4 2015 earnings
Adobe today said its Q4 2015 revenue rose 22 percent to $1.31 billion.

Digital Media Annualized Recurring Revenue of Adobe grew to $2.99 billion (+350 million) in the fourth quarter. Creative ARR grew to $2.6 billion (+$310 million) — driven by enterprise adoption and the addition of 833,000 net new individual and team Creative Cloud subscriptions.

Adobe Marketing Cloud achieved revenue of $352 million supported by strong bookings growth and a shift in customer adoption to SaaS-based solutions.

Adobe revenue rose 16 percent to $4.8 billion in fiscal year 2015.

Adobe Digital Media ARR reached $2.99 billion (+$1.12 billion). Net new Creative Cloud individual and team subscriptions grew by more than 2.71 million to 6.17 million during fiscal year 2015. Adobe Marketing Cloud revenue reached $1.36 billion.

“Adobe is driving digital experiences that are fundamental to the transformation of every global brand, government and educational institution,” said Shantanu Narayen, president and chief executive officer, Adobe.

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