Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
Get in touch with us nowAdobe Inc. reported a company record of over 19 billion U.S. dollars in revenue for its 2023 fiscal year. In the six years since 2015, the company has nearly quadrupled its overall revenue figure from around five billion to over 19 billion U.S. dollars.
Adobe is a U.S.-based software company that specializes in creative software and has invented many widely used software-related tools, such as its image editing software, Photoshop, its software platform, Adobe Flash, and its portable file format, the PDF. The company’s continued string of successful innovations is supported by a strong research and development department, into which the company invests well over a billion dollars each year. The company has recently expanded its business into the cloud market as well, its main products being the Adobe Creative Cloud and Document Cloud. A trustworthy name in the tech industry that has proven its ability to adapt and innovate to new technology over decades of success, Adobe’s Creative Cloud already boasts over 10 million subscribers, while forecasts indicate that this number will continue to grow in the coming years.
The fiscal year end of the company is November, 30th.
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.