Adobe Inc.
ADBEQ1 2025Estimated3% AI
AI Revenue %
3%
AI Fair Value
$1.6B
AI Revenue (Q)
$155.5M
Total Revenue (Q)
$5.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 FY2025 (quarter ending Feb 28, 2025). Total revenue $5,714M. Digital Media $4,227M, Digital Experience $1,414M, Publishing & Advertising $73M. New disclosure: subscription revenue by customer group - Creative & Marketing Professionals $3,922M, Business Professionals & Consumers $1,534M. Digital Media subscription grew 12% YoY ($4,159M vs $3,725M). The 10-Q no longer breaks out Creative Cloud vs Document Cloud quarterly figures. No AI-specific revenue disclosed. AI products continue to be bundled. Conservative estimate: 3% of total revenue (~$171M). AI features are increasingly embedded but Adobe has not provided any AI revenue attribution.
Analyzed by claude-opus-4-6
Quoted Figures
Digital Media Revenue $4,227M; Digital Experience Revenue $1,414M; Total revenue $5,714M. Digital Media subscription $4,159M; Digital Experience subscription $1,297M
10-Q filed for quarter ending February 28, 2025, Segment Information note
Creative and Marketing Professionals subscription $3,922M; Business Professionals and Consumers subscription $1,534M
10-Q filed for quarter ending February 28, 2025, Segment Information note
AI Products Identified (Ring 1)
Adobe Firefly (image, video, vector)Acrobat AI AssistantAcrobat StudioGenStudio for Performance MarketingExperience Platform AI AssistantAdobe Express AI
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Creative Cloud subscriptionsDocument Cloud subscriptionsExperience Cloud subscriptions
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix