NASDAQ$ADBE
Adobe Systems Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Adobe achieved record Q2 revenue with strong demand across Creative Cloud, Document Cloud and Experience Cloud.
Adobe reported record revenue of $4.39 billion in Q2 fiscal year 2022, representing 14% year-over-year growth. Diluted earnings per share was $2.49 on a GAAP basis and $3.35 on a non-GAAP basis. Cash flows from operations were $2.04 billion.
- Adobe achieved record Q2 revenue with strong demand across Creative Cloud, Document Cloud and Experience Cloud.
- Delivered another quarter of strong financial results, with greater than $2 billion in operating cash flows.
- Digital Media segment revenue was $3.20 billion, representing 15 percent year-over-year growth.
- Net New Digital Media Annualized Recurring Revenue was $464 million, exiting the quarter with Digital Media ARR of $12.95 billion.
Headline financials
Revenue & EPS history
Adobe · Revenue · Quarterly
$4.39B
Revenue by segment
Adobe · $4.3B total across 2 segments · Q2 2022
- Digital Media$3.2B+14.7%74.4%
- Digital Experience$1.1B+17.3%25.6%
Forward guidance
Adobe is providing third quarter and updated full fiscal year 2022 targets that factor in the increase in effective tax rates, the impact of the ongoing war in Ukraine, an incremental FX headwind, and summer seasonality in Q3 followed by a sequentially strong Q4.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
-0.5%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-0.3%
Avg return
30 days after
43%
32 / 74 earnings
Positive
+14.2%
Q2 2024
Best reaction
-19.4%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -1.2% | -4.6% | — | |
| Q1 2026 | -0.1% | -8.8% | -16.5% | |
| Q4 2025 | +1.6% | +1.4% | -2.7% | |
| Q3 2025 | -3.4% | +3.3% | -3.7% | |
| Q2 2025 | -0.8% | -0.3% | -5.0% | |
| Q1 2025 | -13.9% | -10.8% | -19.6% | |
| Q4 2024 | -13.2% | -15.6% | -25.8% | |
| Q3 2024 | -7.5% | -11.3% | -14.6% | |
| Q2 2024 | +14.2% | +13.6% | +21.6% | |
| Q1 2024 | -14.1% | -9.1% | -17.3% | |
| Q4 2023 | -7.7% | -5.4% | -5.9% | |
| Q3 2023 | -4.5% | -2.1% | -0.9% | |
| Q2 2023 | +3.3% | +1.3% | +7.4% | |
| Q1 2023 | +6.0% | +8.9% | +13.8% | |
| Q4 2022 | -0.4% | -0.5% | +1.3% | |
| Q3 2022 | -19.4% | -21.7% | -22.5% | |
| Q2 2022 | -4.3% | -3.7% | +0.8% | |
| Q1 2022 | -6.8% | -4.8% | -8.0% | |
| Q4 2021 | -11.7% | -11.6% | -17.4% | |
| Q3 2021 | -2.4% | -2.9% | -0.4% | |
| Q2 2021 | +4.1% | +6.0% | +11.6% | |
| Q1 2021 | -0.2% | +3.7% | +12.1% | |
| Q4 2020 | -1.6% | -0.2% | +0.3% | |
| Q3 2020 | -2.0% | -3.8% | +3.1% | |
| Q2 2020 | -0.1% | +1.2% | +14.6% | |
| Q1 2020 | +6.4% | -1.1% | +1.1% | |
| Q4 2019 | +4.7% | +6.3% | +11.9% | |
| Q3 2019 | -1.1% | -1.8% | -4.8% | |
| Q2 2019 | +5.7% | +8.6% | +12.5% | |
| Q1 2019 | -2.8% | -1.5% | +2.8% | |
| Q4 2018 | -6.3% | -7.9% | -3.3% | |
| Q3 2018 | +2.6% | +1.1% | -7.1% | |
| Q2 2018 | -1.7% | -1.7% | +1.0% | |
| Q1 2018 | +3.3% | +5.2% | +2.6% | |
| Q4 2017 | +0.4% | -1.1% | +10.3% | |
| Q3 2017 | -3.7% | -4.7% | +10.2% | |
| Q2 2017 | +2.8% | +3.6% | +6.8% | |
| Q1 2017 | +4.0% | +2.4% | +5.7% | |
| Q4 2016 | -2.1% | -0.0% | +2.6% | |
| Q3 2016 | +8.1% | +7.8% | +9.4% | |
| Q2 2016 | -4.1% | -5.9% | -1.7% | |
| Q1 2016 | +6.0% | — | — | |
| Q4 2015 | +2.1% | — | — | |
| Q3 2015 | +0.9% | — | — | |
| Q2 2015 | -1.3% | — | — | |
| Q1 2015 | -1.8% | — | — | |
| Q4 2014 | +8.8% | — | — | |
| Q3 2014 | -4.2% | — | — | |
| Q2 2014 | +8.1% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +11.4% | — | — | |
| Q3 2013 | +9.2% | — | — | |
| Q2 2013 | +5.5% | — | — | |
| Q1 2013 | +3.4% | — | — | |
| Q4 2012 | +4.5% | — | — | |
| Q3 2012 | +6.0% | — | — | |
| Q2 2012 | -2.0% | — | — | |
| Q1 2012 | -2.0% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2011 | +2.1% | — | — | |
| Q1 2011 | -0.9% | — | — | |
| Q4 2007 | -3.1% | — | — | |
| Q4 2010 | -3.1% | — | — | |
| Q3 2010 | -5.0% | — | — | |
| Q2 2010 | -5.6% | — | — | |
| Q1 2010 | +0.2% | — | — | |
| Q1 2009 | +0.2% | — | — | |
| Q4 2009 | -4.6% | — | — | |
| Q3 2009 | -2.1% | — | — | |
| Q3 2008 | -2.1% | — | — | |
| Q2 2008 | +0.4% | — | — | |
| Q2 2009 | +0.4% | — | — | |
| Q4 2008 | +0.4% | — | — |
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