Adobe vs Coinbase Business Model (2026)
Adobe earns most from Digital Media (74.3%), while Coinbase earns most from Net revenue (95.9%). Computed from Adobe 10-K FY2025 and Coinbase 10-K FY2025.
Last checked 2026-10-18 on the official pages.
Adobe
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| Digital Media | $17,649 million ($17.6 billion) | 74.3% | 10-K FY2025 ↗ |
| Digital Experience | $5,864 million ($5.9 billion) | 24.7% | 10-K FY2025 ↗ |
| Publishing and Advertising | $256 million | 1.1% | 10-K FY2025 ↗ |
| Total revenue | $23,769 million ($23.8 billion) | — | 10-K FY2025 ↗ |
Coinbase
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| Net revenue | $6,883 million ($6.9 billion) | 95.9% | 10-K FY2025 ↗ |
| Other revenue | $298 million | 4.1% | 10-K FY2025 ↗ |
| Total revenue | $7,181 million ($7.2 billion) | — | 10-K FY2025 ↗ |
Shared business models
Company and model pages
Adobe: Subscription
Coinbase: Brokerage and transaction fees · Subscription
Frequently asked questions
How does Adobe make money?
Adobe makes money mainly from Digital Media. Its FY2025 total revenue was $23,769 million ($23.8 billion), with Digital Media the biggest disclosed revenue line at $17,649 million ($17.6 billion) and 74.3% of total revenue (computed from the 10-K FY2025). Adobe earns revenue from software subscriptions, hosted offerings, licenses, and related services.
How does Coinbase make money?
Coinbase makes money mainly from Net revenue. Its FY2025 total revenue was $7,181 million ($7.2 billion), with Net revenue the biggest disclosed revenue line at $6,883 million ($6.9 billion) and 95.9% of total revenue (computed from the 10-K FY2025). Coinbase earns transaction fees when customers buy, sell, and trade crypto assets.