// Economics · Companies / Adobe · the company console

Adobe (ADBE)Layer 4 — AI Software & Applications

Convergence · ActiveComposite F 48.353 of 6 indicators elevatedFiled-first
awaiting live quote
wires from /api/prices · asof from the exchange
Layoffs
0Announced 2026
NOT-AIAttribution
mediumConfidence

Overview

the record we hold

The read

Makes creative and document software (Photoshop, Acrobat); building generative AI (Firefly) into its tools.

Six-indicator fragility

IndicatorScoreBand
R&D Spending Relative to Revenue27GREEN (~22–32)
AI Monetization Gap (reframed for Layer 4)61AMBER–RED (~56–66)
Insider-Selling Intensity60AMBER–RED (~60)
Balance Sheet & Debt Capacity33GREEN (~28–38)
Management Quality & Turnover75RED (~70–80)
Organic Demand Quality (MIT 95% lens)51AMBER (~46–56)

Cross-examination

Q. Is Firefly real revenue or a defensive feature?

A. Firefly is embedded in Creative Cloud as an included feature, not a standalone SKU generating separate revenue. Adobe monetizes it through subscription retention and Firefly Services (enterprise API licensing). "AI-influenced ARR" is Adobe's way of saying "Creative Cloud ARR where we enabled an AI feature" — a defined but self-favorable metric, not incremental Firefly revenue. The narrower "AI-fir

EVIDENCE: filed · scores from the engine · I5/I6 carry a score with no underlying instrument — stated where drilled.

Sisters · same layer

Price & Financials

live wire + filings

Price · 6 months

AWAITING LIVE SERIES · wires from /api/prices · held state stands if the wire fails

Financials

$6.62B
Revenue · latest quarter
2026-05-29
Revenues
XBRL tag · per-filer map
same-period largest · magnitude-linted
0000796343-26-000112
Accession
10-Q · asof 2026-07-20
2024-03$5.18B
2024-05$5.31B
2024-08$5.41B
2025-02$5.71B
2025-05$5.87B
2025-08$5.99B
2026-02$6.4B
2026-05$6.62B

SEC XBRL companyfacts · every row carries its accession · 8 quarters · refreshes off the 8-K 2.02 earnings event

Filings & Earnings

calendar + pre-committed watch

Pre-committed watch

Watching: Capex vs demand, Insider selling, Energy / returns before the print.

[ NOT TRACKED ]

Earnings window. no dated next-print for this firm in the calendar yet — the 59-of-68 coverage gap.

Insiders

I3 score held

Insider-selling intensity · I3

Score 60.0/100 from the engine.

Discretionary (no-plan) selling on the recent record: $109,961.

OwnerRoleDateTypeValueBasis
Forusz JillianSVP & CAO2026-07-29Sale$109,961discretionary
Narayen ShantanuChair and CEO2026-07-15Option exercise
Narayen ShantanuChair and CEO2026-07-15Tax withholding$244,770
Narayen ShantanuChair and CEO2026-07-15Option exercise
Narayen ShantanuChair and CEO2026-07-15Tax withholding$140,575
Narayen ShantanuChair and CEO2026-07-15Option exercise
Narayen ShantanuChair and CEO2026-07-15Tax withholding$220,069
Narayen ShantanuChair and CEO2026-07-15Option exercise
Narayen ShantanuChair and CEO2026-07-15Tax withholding$317,977
Balazs LaraChief Marketing Office2026-07-15Option exercise
Balazs LaraChief Marketing Office2026-07-15Tax withholding$136,757
Balazs LaraChief Marketing Office2026-07-15Option exercise

EDGAR Form 4, parsed structured · last 56 txns · asof 2026-08-08 · refreshes off the Form-4 event class

Layoffs

from our roster
Announced cuts (2026)0
Date2026
Confidencemedium
AttributionNOT-AI
Driverproduct-reorg
Sourceno confirmed 2026 layoff count

No confirmed 2026 cut; GenAI (Firefly) product pivot underway — a watch, not a cutter. Corrected from pending.

News & Video

ranked weekly

The wire · ranked

Video

[ NOT TRACKED ]

Video. no verified channel in the map yet — our gap, stated (the map grows by verification, never by guess).

≤5 news · ≤2 video · rolling window, never an archive · ranked from the 2026-08-08 sweep · refreshes Saturday

Notes

held
[ HELD ]

Notes. held open — The desk has not ruled this slot.

Company data is compiled from primary sources — SEC filings, the fragility engine, and our own roster. Narrative summaries are AI-assisted; every figure comes from the record, not the model.