Creative revenue grew to $2.48 billion, representing 19 percent year-over-year growth. Diluted earnings per share was $2.57 on a GAAP basis and $3.20 on a non-GAAP basis.ĭigital Media segment revenue was $3.01 billion, which represents 21 percent year-over-year growth. “With an estimated $205 billion addressable market, we are well positioned for significant growth in the years ahead with our industry-leading products and platforms.”įourth Quarter Fiscal Year 2021 Financial HighlightsĪdobe achieved record revenue of $4.11 billion in its fourth quarter of fiscal year 2021, which represents 20 percent year-over-year growth. “Adobe’s financial performance in fiscal 2021 was outstanding, with top-line acceleration resulting in more than $7 billion in operating cash flows,” said Dan Durn, executive vice president and CFO, Adobe. “Adobe’s vision, category leadership, ground-breaking technology and large and loyal customer base position us well for fiscal 2022 and beyond.” “Adobe’s record performance in Q4 resulted in fiscal 2021 revenue exceeding $15 billion,” said Shantanu Narayen, chairman and CEO, Adobe. And there are no CTA buttons anywhere to purchase the app either, not even for Creative Cloud.Company reports first $3 billion Digital Media and first $1 billion Digital Experience revenue quarter and exceeds $2 billion in operating cash flows in the quarterĪdobe (Nasdaq:ADBE) today reported financial results for its fourth quarter and fiscal year 2021 ended Dec. Moreover, this affects teachers who have been using Adobe XD to teach their students' graphics design because now that XD is being sunset - it means that teachers will need to adapt not only to new tools but also to new teaching material.Īnyone ending up on the XD landing page will be greeted with a documentation page that doesn't really explain anything. For example, articles about the "best UI/UX tools" and "best Adobe XD courses" and things like this. The implication of this is that even up until this month (June 2023) - many brands and content marketers were still producing articles and openly promoting Adobe XD in them.
If you visit what once was the Adobe XD landing page - it now redirects to a help and support (documentation) page. While it's understandable why they want to discontinue the product (they will still support existing customers), it speaks volumes as to how little market share there was for Adobe XD if it was possible to remove the app from the catalog without any noise. It seems that Adobe made the decision to do this in late 2022, without announcing the news or making it public. If you look at the Adobe Products catalog, you will not find XD there anymore. Adobe XD removed from the Adobe Products catalog But I still found it interesting that despite these comments, there hasn't been an announcement either from Adobe or any of the leading news sites. This doesn't come as a surprise, given that XD has been falling behind Figma in tooling/features in a major way.
What this is saying is that, in effect, Adobe XD development has been paused/stopped, and it can no longer be purchased for individual use. We will continue to support existing Adobe XD customers. XD will continue to be available as part of our Adobe Creative Cloud All Apps subscription. In that same thread ( Has Adobe XD been discontinued?), Rishabh Tiwari (an Adobe Employee) left a comment saying,Īdobe XD is no longer available for purchase as a single application but will continue to be supported for existing users. Griffith is implying that Adobe XD has essentially been sunset. Instead, I've just seen Ryan ( on Twitter) highlight a tweet in which Chris W.
The acquisition is not yet completed, as Adobe has to face a few hurdles on its way still - the EU commission is trying to put brakes on the sale due to fears of market consolidation.īut this news isn't about that. As you may already know, back in September 2022 - Adobe announced the acquisition of Figma, one of the world's most loved design collaboration tools.
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