Adobe 2025年第四季度业绩超出预期，主要受AI工具需求和强劲订阅增长推动。 Adobe's Q4 2025 results beat expectations, driven by AI tool demand and strong subscription growth.

Adobe报告,2025年的Q4成果比预期的要强,收入为61.9亿美元,调整后的EPS为5.50美元,超过了估计数。 Adobe reported stronger-than-expected Q4 2025 results, with revenue of $6.19 billion and adjusted EPS of $5.50, surpassing estimates. 在创意云和文件云中,对人工智能驱动工具的需求增加,促进了订阅和计费的增长,从而推动了增长。 Growth was fueled by increased demand for AI-powered tools in Creative Cloud and Document Cloud, boosting subscription and billings growth. 该公司的经常性收入每年达到192亿美元,年复一年的计费增长12.3%。 The company’s recurring revenue reached $19.2 billion annually, with billings up 12.3% year-over-year. 分析师指出,由于耐受性性能,战略性人工智能投资和严格的成本管理,Adobe的业务叙述"重新建立". Analysts cited improved visibility and upgraded outlooks, calling Adobe’s business narrative “rebased” due to resilient performance, strategic AI investments, and disciplined cost management. 盘后交易股价上涨。 Shares rose in after-hours trading.