Adobe raises annual revenue and profit forecasts on strong design software demand
Summary
Adobe raised its fiscal 2025 revenue and profit outlook after strong demand for its design software and AI tools. The company said growth continues to come from new users and subscribers across products like Photoshop, InDesign, Acrobat, and Illustrator. Adobe also highlighted Firefly as part of its effort to monetize AI features for creators. The update came alongside stronger quarterly revenue than analysts expected, even as Adobe faces pressure from investors and competition from smaller rivals like Figma.
Classifications
industries
No industries detected
applications
Financial Reporting
AskAI Classifications
Labels
SaaS
Collaboration Software
Design Software