Digital Media Business Momentum Digital Media Annualized Recurring Revenue (ARR) $10B ~$8.3B $8B $6B $4B $2B $0B Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q4FY19E Creative Cloud ARR Document Cloud ARR Source: Adobe, Q4FY19E includes targeted net new ARR © 2019 Adobe. All Rights Reserved.