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Adobe Inc   (ADBE)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

ADBE's Operating Income Growth by Quarter and Year

Adobe Inc 's Operating Income results by quarter and year




ADBE Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 1,505.00 1,441.00 1,016.00
III Quarter September 1,697.00 1,484.00 1,406.00 937.00
II Quarter June 1,624.00 1,529.00 1,454.00 969.93
I Quarter March 1,586.00 1,580.00 -984.12 853.81
FY   4,907.00 6,098.00 3,316.88 3,776.74



ADBE Operating Income third quarter 2023 Y/Y Growth Comment
Adobe Inc reported Operating Income increase of 14.35% year on year in the third quarter 2023, to $ 1,697.00 millions, this is lower than Adobe Inc 's recent average Operating Income improvement of 24.85%.

Among companies who have reported third quarter 2023 results in the Software & Programming industry only one Company has achieved higher year on year Operating Income results in the third quarter 2023. While Adobe Inc ' s Operating Income growth of 14.35% ranks overall at the positon no. 5 in the third quarter 2023.

Explain Operating Income growth


ADBE Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 4.44 % 41.83 % 35.55 %
III Quarter September 14.35 % 5.55 % 50.05 % 34.85 %
II Quarter June 6.21 % 5.16 % 49.91 % 34.61 %
I Quarter March 0.38 % - - 18.81 %
FY   - 83.85 % -12.18 % 30.98 %

Financial Statements
Adobe Inc 's third quarter 2023 Operating Income $ 1,697.00 millions ADBE's Income Statement
Adobe Inc 's third quarter 2022 Operating Income $ 1,484.00 millions Quarterly ADBE's Income Statement
New: More ADBE's historic Operating Income Growth >>


ADBE Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 1.42 % 2.49 % 8.43 %
III Quarter September 4.5 % -2.94 % -3.3 % -3.4 %
II Quarter June 2.4 % -3.23 % - 13.6 %
I Quarter March 5.38 % 9.65 % - 13.91 %
FY (Year on Year)   - 83.85 % -12.18 % 30.98 %




Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #2
Technology Sector #2
Overall #5

Operating Income Y/Y Growth Statistics
High Average Low
203.33 % 24.85 % -64.18 %
(Mar 04 2022)   (Dec. 30, 2013)
Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #2
Technology Sector #2
Overall #5
Operating Income Y/Y Growth Statistics
High Average Low
203.33 % 24.85 % -64.18 %
(Mar 04 2022)   (Dec. 30, 2013)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Adobe Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
71.76 % 3.8 % -100 %
(May 30, 2 2014)  


ADBE's III. Quarter Q/Q Operating Income Comment
Adobe Inc achieved in the III. Quarter 2023 above company average sequential Operating Income growth of 4.5%, to $ 1,697.00 millions, from $1,624.00 millions in the second quarter.
Software & Programming company is undergoing a remarkable growth, with claiming higher then normal growth, but also improving rate, Andrea Colombo, market veteran allocated in Rome mentioned.

Within Software & Programming industry 27 other companies have achieved higher Operating Income quarter on quarter growth. While Adobe Inc 's Operating Income growth quarter on quarter, overall rank is 953.


Operating Income Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #28
Technology Sector #105
Overall #953
Operating Income Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #28
Technology Sector #105
Overall #953
Operating Income Q/Q Growth Statistics
High Average Low
71.76 % 3.8 % -100 %
(May 30, 2 2014)  


ADBE's III. Quarter Q/Q Operating Income Comment
Adobe Inc achieved in the III. Quarter 2023 above company average sequential Operating Income growth of 4.5%, to $ 1,697.00 millions, from $1,624.00 millions in the second quarter.
ADBE is undergoing a remarkable growth, not just reporting above regular gain, and additionally improving rate.

Within Software & Programming industry 27 other companies have achieved higher Operating Income quarter on quarter growth. While Adobe Inc 's Operating Income growth quarter on quarter, overall rank is 953.


Adobe Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Sep 01 2023)
12 Months Ending
(Jun 02 2023)
12 Months Ending
(Mar 03 2023)
12 Months Ending
(Dec 02 2022)
12 Months Ending
(Sep 02 2022)
Cumulative Operating Income 12 Months Ending $ 6,412.00 $ 6,199.00 $ 6,104.00 $ 6,098.00 $ 6,034.00
Y / Y Operating Income Growth (TTM) 6.26 % 4.08 % 3.79 % 83.85 % 108.65 %
Year on Year Operating Income Growth Overall Ranking # 1 # 208 # 0 # 136 # 3
Seqeuential Operating Income Change (TTM) 3.44 % 1.56 % 0.1 % 1.06 % 1.31 %
Seq. Operating Income Growth (TTM) Overall Ranking # 5 # 1306 # 0 # 284 # 1272




Cumulative Operating Income growth Comment
Although Adobe Inc 's Annual Operating Income growth year on year were below company's average 24.85% , Operating Income announced in the Sep 01 2023 period, show improvement in Operating Income trend, to cumulative trailing twelve month growth of 6.26% year on year, from 4.08% in Jun 02 2023. Adobe Inc had also the second highest Operating Income improvement in Software & Programming industry.

Adobe Inc achieved highest trailing twelve month year on year Operating Income growth. While Total ranking has impoved so far to 1, from total ranking in previous quarter at 208.

Operating Income TTM Q/Q Growth Statistics
High Average Low
203.33 %
24.85 %
-64.18 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 2
Technology Sector # 0
Overall # 1

Operating Income TTM Y/Y Growth Statistics
High Average Low
203.33 %
24.85 %
-64.18 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 2
S&P 500 # 5
Cumulative Operating Income growth Comment
Although Adobe Inc 's Annual Operating Income growth year on year were below company's average 24.85% , Operating Income announced in the Sep 01 2023 period, show improvement in Operating Income trend, to cumulative trailing twelve month growth of 6.26% year on year, from 4.08% in Jun 02 2023. Adobe Inc had also the second highest Operating Income improvement in Software & Programming industry.

Adobe Inc achieved highest trailing twelve month year on year Operating Income growth. While Total ranking has impoved so far to 1, from total ranking in previous quarter at 208.

Operating Income TTM Q/Q Growth Statistics
High Average Low
203.33 %
24.85 %
-64.18 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 2
Technology Sector # 0
Overall # 1

Operating Income TTM Y/Y Growth Statistics
High Average Low
203.33 %
24.85 %
-64.18 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 2
S&P 500 # 5




Other Operating Income Growth
Software & Programming Industry Operating Income Growth Trends and Statistics
Technology Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
ADBE's Operating Income Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for ADBE's Competitors
Operating Income Growth for Adobe Inc 's Suppliers
Operating Income Growth for ADBE's Customers

You may also want to know
ADBE's Annual Growth Rates ADBE's Profitability Ratios ADBE's Asset Turnover Ratio ADBE's Dividend Growth
ADBE's Roe ADBE's Valuation Ratios ADBE's Financial Strength Ratios ADBE's Dividend Payout Ratio
ADBE's Roa ADBE's Inventory Turnover Ratio ADBE's Growth Rates ADBE's Dividend Comparisons



Companies with similar Operating Income improvement for the quarter ending Sep 01 2023 within Technology SectorY/Y Change %Operating Income for the quarter ending Sep 01 2023
Microsoft Corporation24.99%$ 24.988 millions
Alphabet Inc 24.56%$ 24.558 millions
Osi Systems inc 23.27%$ 23.273 millions
Meridianlink inc 23.10%$ 23.099 millions
Logitech International S a 22.95%$ 22.950 millions
Netscout Systems Inc 22.84%$ 22.843 millions
Allegro Microsystems Inc 21.85%$ 21.854 millions
Zoominfo Technologies Inc 21.81%$ 21.815 millions
Agilysys Inc 21.69%$ 21.695 millions
Benchmark Electronics Inc 20.00%$ 20.001 millions
Consensus Cloud Solutions Inc 19.16%$ 19.163 millions
Microchip Technology Incorporated17.20%$ 17.203 millions
Flex Ltd 15.69%$ 15.692 millions
Match Group Inc 15.63%$ 15.631 millions
Fortive Corporation15.56%$ 15.562 millions
Adobe Inc 14.35%$ 14.353 millions
Fortinet Inc 14.20%$ 14.200 millions
Ametek Inc 13.94%$ 13.943 millions
Roper Technologies Inc 13.45%$ 13.454 millions
Esco Technologies inc 13.27%$ 13.273 millions
Trimas Corporation13.25%$ 13.251 millions
Ziprecruiter Inc 10.84%$ 10.841 millions
Taskus Inc 10.67%$ 10.675 millions
Apple Inc 8.34%$ 8.335 millions
Teradata Corporation8.00%$ 8.000 millions
Verisign Inc7.39%$ 7.390 millions




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