Adobe Creative Cloud subscriptions prove very profitable in Q1 fiscals

Not everyone was enamoured with Creative Cloud when Adobe first fired it up back in May of 2012 – and it accrued even more critics following the canning of boxed Creative suite software last year – but apparently the cloud-based offering is doing some booming business.

According to Cloud Pro, Adobe’s latest fiscals (for Q1) show that Creative Cloud subscriber numbers are up 405,000, and in total they’re now over 1.8 million, with the suite racking up an annual revenue of close to $1 billion (£610 million).

Funnily enough, $1 billion (£610 million) was also the very healthy figure for total revenue for Adobe in the first quarter.

In a conference call, Adobe CEO Shantanu Narayen boasted of how much work Adobe was putting into keep the cloudy suite updated: “Coming off our delivery of more than 500 new features and capabilities last year to Creative Cloud subscribers and enterprise users, in Q1 we delivered numerous updates included major features in Photoshop, Illustrator, and InDesign. We are excited about the amazing innovation we will deliver in a major update to Creative Cloud in the next few months.”

Adobe expects that in the next quarter, it will be able to add a similar weight of Creative Cloud numbers. Given that subscriber numbers were up 402,000 the previous quarter, and then 405,000 in this one, that seems a fair bet – which will take total numbers up to around the 2.2 million mark.