“As I said on the prepared remarks, Document Cloud is substantially a subscription business, but now with AI Assistant being available to subscribers and not as directly to perpetual users, we expect that to continue to transition even further.”

How to check this claim

Look at: Document Cloud subscription mix (share of Document Cloud revenue or business from subscription vs. perpetual)

It came true if: Subscription share of Document Cloud business higher than the level reported as of the September 2024 quote

Where: management commentary / segment disclosures on Adobe quarterly earnings calls (10-Q/10-K and earnings call transcripts)

Verify independently

SEC filings for ADBE ↗ · Claim quote is verbatim from the 2024Q3 earnings call.