Adobe Inc.
Adobe Raises FY25 Targets Following Strong Q3 Performance
Summary
Adobe reported record Q3 FY25 revenue of $5.99 billion, achieving an 11% year-over-year growth, and raised its FY25 total revenue target to $23.65 billion to $23.70 billion. The company also updated its EPS target for the fiscal year to $20.80 to $20.85 on a non-GAAP basis. Non-GAAP diluted EPS for Q3 was $5.31, and the company's RPO was $20.44 billion with a cRPO of 67%.
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About Adobe Inc.
Adobe Inc. is a leading global software company that specializes in the creation of multimedia and creativity software products. Known for their industry-standard tools such as Photoshop, Illustrator, and Acrobat, Adobe's software facilitates a wide spectrum of creative work ranging from graphic design and photo editing to digital document management. The company's Adobe Creative Cloud, a subscription service, has become integral for professionals in media, publishing, and marketing sectors, providing access to an array of applications and services. Adobe's innovations extend into digital marketing solutions with Adobe Experience Cloud, assisting businesses in leveraging data for effective customer engagement. Founded in 1982 and headquartered in San Jose, California, Adobe has significantly influenced creative industries and digital marketing landscapes. Its software solutions are crucial for both individual creatives and enterprises, enhancing productivity and enabling cutting-edge content creation and distribution in an ever-evolving digital market.
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