Adobe: Creative Cloud, AI & the Subscription Moat
Adobe Inc. (ADBE) is the world's dominant creative software company with $21.5B in FY2024 revenue, 30M+ subscribers, Digital Media ARR of $18.09B (Q2 FY2025), and a generative AI strategy (Firefly) that strengthens its subscription moat. An educational deep-dive into the business behind Photoshop, Acrobat, and Experience Cloud.
May 27, 2026
