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Adobe Q1 2016 Quarterly Earnings

Adobe reports record Q1 FY2016 revenue. This earnings infographic features key performance from Adobe’s Q1 FY2016 results.

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Adobe Q1 2016 Quarterly Earnings

  1. 1. Investor Relations Contact Mike Saviage Adobe 408-536-4416 Public Relations Contact Colleen Rodriguez Adobe 408-536-6803 Adobe Premiere Pro is drawing rave reviews in Hollywood, used to edit “Deadpool.” Adobe Creative Cloud tools were used in 175 films that debuted at Sundance Film Festival. This contains forward-looking statements, including those related to business momentum, product adoption and innovation, recurring revenue, revenue, deferred revenue and operating cash flow all of which involve risks and uncertainties that could cause actual results to differ materially. Factors that might cause or contribute to such differences include, but are not limited to: failure to develop, market and offer products and services that meet customer requirements, introduction of new products, services and business models by competitors, failure to successfully manage transitions to new business models and markets, risks associated with the timing of revenue recognition, uncertainty in economic conditions and the financial markets, risks associated with an increased emphasis on a cloud strategy, fluctuations in subscription renewal rates, risks associated with cyber-attacks and information security, potential interruptions or delays in hosted services provided by us or third parties, and failure to realize the anticipated benefits of past or future acquisitions. For a discussion of these and other risks and uncertainties, please refer to Adobe’s Annual Report on Form 10-K for our fiscal year 2015 ended Nov. 27, 2015, and Adobe's Quarterly Reports on Form 10-Q issued in fiscal year 2016. The financial information set forth in this document reflects estimates based on information available at this time. These amounts could differ from actual reported amounts stated in Adobe’s Quarterly Report on Form 10-Q for our quarter ended Mar. 4, 2016, which Adobe expects to file in Mar. 2016. Adobe assumes no obligation to, and does not currently intend to, update these forward-looking statements. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. FORWARD-LOOKING STATEMENT DISCLOSURE CREATIVE CLOUD CONTACTS MARKETING CLOUD DOCUMENT CLOUD LEADERSHIP For the second consecutive year, Adobe Marketing Cloud was recognized by Gartner, Inc. as a leader in the January 2016 “Magic Quadrant for Digital Marketing Hubs” research report. Document Cloud momentum is strong, with global brands like Royal Bank of Scotland, Scottrade and NetApp adopting Adobe eSign to power their paper to digital transformation. Adobe was named No. 1 in the computer software category on FORTUNE’s list of the World’s Most Admired Companies and among the 2016 Global 100 Most Sustainable Corporations in the World. CASH FLOW FROM OPERATIONS $498MILLION * Measures already-contracted Creative Cloud and Document Cloud revenue expected to be reported in the next 12 months 25% DIGITAL MEDIA ANNUALIZED RECURRING REVENUE* DEFERRED REVENUE ~1.5MILLION SHARES returning $133 million of cash to stockholders $3.13BILLION $1.61 RECORD ADOBE MARKETING CLOUD REVENUE RECORD DIGITAL MEDIA REVENUE $1.38 YEAR-OVER-YEAR GROWTH RECORD QUARTERLY REVENUE BILLION BILLION STOCK REPURCHASE $377MILLION $932MILLION ~81% RECURRING REVENUE AS A % OF TOTAL REVENUE ADOBE EARNINGS Q1 FY2016 Infographic