---
schema_version: "secwatch.filing_event.v1"
accession: "0000796343-23-000252"
form_type: "8-K"
ticker: "ADBE"
cik: "0000796343"
company_name: "ADOBE INC."
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:50:22.784280+00:00"
event_type: "other"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "low"
source: SEC EDGAR
---

# Adobe reports record Q4 and FY2023 revenue; discloses FTC investigation into subscription practices

## Summary
- Record Q4 and FY2023 revenue achieved (specific figures not provided in filing exhibit).
- FTC staff asserts authority for consent negotiations on disclosure and cancellation practices under ROSCA; company believes practices comply but engaging.
- FTC matter could involve significant monetary costs or penalties and have material impact on financial results.
- Adopted 2023 Executive Severance Plan in Event of Change of Control, substantially same as prior plan, effective Dec 13, 2023.

## SEC filing metadata
- accession: 0000796343-23-000252
- form_type: 8-K
- ticker: ADBE
- cik: 0000796343
- company_name: ADOBE INC.
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: other
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: low
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796343/000079634323000252/0000796343-23-000252-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796343/000079634323000252/adbe-20231211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000796343-23-000252
- JSON: https://secwatch.observer/filing/0000796343-23-000252.json
- Plain text: https://secwatch.observer/filing/0000796343-23-000252.txt

## Key facts
- Earnings Releases
  ADOBE INC. reported financial results for fourth quarter and fiscal year 2023 ended December 1, 2023.
  - Period: fourth quarter and fiscal year 2023 ended December 1, 2023
  - Result: reported results
  source text: On December 13, 2023, Adobe Inc. (the "Company") issued a press release announcing financial results for its fourth quarter and fiscal year 2023 ended December 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/796343/000079634323000252/0000796343-23-000252-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.