Adobe Celebrates 35th Anniversary with Record Q4 Revenue of $2 Billion
Subscription revenue now accounts for 84.5 percent of revenue.
Adobe’s shift to the subscription model continues to serve the company well, as indicated by the company’s record revenue for the fourth quarter of fiscal year 2017 for the period ended December 1, 2017. Along with celebrating the company’s 35th anniversary, Adobe (NASDAQ: ADBE) reported total quarterly revenue of $2.01 billion, a 25 percent increase year-over-year, including subscription revenue of $1.7 billion, a 34 percent increase year-over-year. Subscription revenue now accounts for 84.5 percent of Adobe’s total revenue, compared to 78.4 percent for the same period last year.
Subscription Insider now embargoes NEWS and FEATURE articles 14 days after they are published.
All registered site users can enjoy access to our full archive of news and feature content by logging in.
Remember — Subscription Insider membership includes access to all embargoed content.
Subscription Insider has upgraded to a new technology platform and our login process has changed:
FOR FREE EMBARGOED ACCESS:
- Newsletter Subscribers (Free): Please log in using the email you used to signup for our Newsletter. The first time you log in, you will need to reset your password.
- Registered Site Users: Please use the email and password you used when you registered for free site access for Subscription Insider.