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ADBE Revenue by Segments

Revenue by Segments

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In Q4'25, Adobe's total revenue reached $6.2B USD, with the Subscription segment dominating at $5.99B USD, reflecting its core growth driver, while the Product segment contributed $74M USD and Services and other added $131M USD, underscoring the company's heavy reliance on recurring subscription income. Over the period from Q1'23 to Q4'25, the Subscription segment exhibited consistent upward momentum, expanding from $4.37B USD to $5.99B USD with steady quarterly increases averaging around 5-7%, highlighting robust demand for Adobe's cloud-based offerings. In contrast, the Product segment showed volatility and an overall decline from $120M USD to $74M USD, marked by fluctuations such as a peak in Q2'23 followed by drops to $68M USD in Q3'25, while Services and other remained relatively stable around $130M-$170M USD with minor variations, collectively driving total revenue growth from $4.65B USD to $6.2B USD.