Adobe reports record revenue in Q3 of fiscal year 2024

Adobe (Nasdaq:ADBE) today announced financial results for its third quarter fiscal 2024, ended August 30, 2024.

“Adobe's record third quarter performance is a testament to our relentless innovation and commitment to delivering value to our customers,” said Shantanu Narayen, chairman and CEO of Adobe. “With groundbreaking advances in artificial intelligence in Creative Cloud, Document Cloud and Experience Cloud, we are empowering millions of users around the world.”

“During the third quarter, Adobe generated over $2 billion in cash flow and ended the quarter with a record RPO, demonstrating the power of combining growth with world-class profitability,” said Dan Durn, executive vice president and CFO of Adobe. “Given the vast markets we are catalyzing, I am confident in our ability to drive growth and achieve industry leadership.”