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Adobe Inc.(ADBE)2025财年10-K年度报告「NASDAQ」(英文版)(93页).pdf

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1、UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549_ FORM 10-K(Mark One)ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended November 28,2025 orTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1

2、934For the transition period from to Commission File Number:000-15175 ADOBE INC.(Exact name of registrant as specified in its charter)_Delaware77-0019522(State or other jurisdiction ofincorporation or organization)(I.R.S.EmployerIdentification No.)345 Park Avenue,San Jose,California 95110-2704(Addre

3、ss of principal executive offices)(408)536-6000(Registrants telephone number,including area code)Securities registered pursuant to Section 12(b)of the Act:Title of Each ClassTrading SymbolName of Each Exchange on Which RegisteredCommon Stock,$0.0001 par value per shareADBENASDAQSecurities registered

4、 pursuant to Section 12(g)of the Act:None_Indicate by check mark if the registrant is a well-known seasoned issuer,as defined in Rule 405 of the Securities Act.Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d)of the Act.Yes No Ind

5、icate by check mark whether the registrant(1)has filed all reports required to be filed by Section 13 or 15(d)of the Securities Exchange Act of 1934 during the preceding 12 months(or for such shorter period that the registrant was required to file such reports),and(2)has been subject to such filing

6、requirements for the past 90 days.Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(232.405 of this chapter)during the preceding 12 months(or for such shorter period that the r

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1. **公司定位与战略**:Adobe致力于通过创新平台和工具赋能创意、生产力及个性化体验,聚焦AI战略,整合商业安全AI模型与合作伙伴模型,提供端到端创意与营销解决方案。 2. **核心业务与产品**: - **数字媒体**:Acrobat(含AI助手)、Creative Cloud(Photoshop、Illustrator等)、Adobe Express及Firefly AI模型。 - **数字体验**:Adobe Experience Platform、GenStudio、Commerce等,支持客户数据管理与个性化营销。 3. **市场与竞争**:面向企业、创作者及营销人员,竞争领域包括生产力工具、AI创意平台及云服务,依赖技术创新与生态扩展。 4. **财务与运营**:2025财年营收未直接提及,但强调通过订阅模式(含AI生成信用额度)和全球合作伙伴网络驱动增长,2026财年起将合并为单一报告部门。
Adobe AI战略? 创意云优势? 竞争对手分析?
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