Autodesk Inc (ADSK)

Autodesk for Small Business update: Making it more affordable to get started with Autodesk FlexJune 4, 2026 12:00 PM
PR Newswire (US) Starting June 4, customers globally can purchase Autodesk Flex with a new lower minimum of 33 tokens for $99, a reduction from the previous minimum of 100 tokens for $300.The lower minimum is designed to make it more flexible and affordable for small businesses to get started, pay for only what they need, and scale usage as project needs change.This marks Autodesk's first step in evolving how it supports small businesses through Autodesk for Small Business.SAN FRANCISCO, June 4, 2026 /PRNewswire/ -- Last month, Autodesk launched Autodesk for Small Business for the small teams, independent professionals, and entrepreneurs who depend on our technology every day. It was just the beginning, and the start of work to make Autodesk more accessible for the small businesses doing an increasingly large share of Design and Make work. Today, Autodesk is taking another step to address flexibility and affordability. Starting June 4, customers globally can purchase Autodesk Flex with a new lower minimum of 33 tokens for $99, down from 100 tokens for $300 – a two-thirds reduction in cost to get started. Making Flex more flexible and affordable to startSmall businesses don't operate the way large ones do. Work can be cyclical, revenue fluctuates from project to project, and the amount of software a team needs can vary significantly from one month to the next. A $300 minimum, while reasonable for larger teams, is a meaningful upfront commitment for a solo designer or a small firm trying to understand whether Flex fits their workflow.The reduced minimum brings that starting point down without changing what makes Flex valuable: customers can still access more than 100 Autodesk products, including AutoCAD, Revit, Fusion, Inventor, Fusion Manage, Maya, and 3ds Max.Why this mattersAutodesk's State of Small Business report found that more than 4 in 5 small business owners in Design and Make say they struggle to balance running the business with doing the actual work – compared to nearly 70% across all industries. The findings underscore the reality that many small businesses don't have excess time, budget, or capacity, and are faced with having to strike the right balance between investing in the tools they need while managing risk and cash flow. Lowering the Flex minimum is one of the ways Autodesk can meet those customers where they are, and through a more flexible price point, better aligned to their business demands. Technology shouldn't get in the way of the work; it should help make the work possible, and at a price that reflects the realities of running a small business. What's next This is a step in a broader effort to evolve how Autodesk works with small businesses. The new Flex minimum won't solve every challenge small businesses face, but removing friction at the point of entry is an important step. Autodesk will explore and evaluate this and other approaches this year and may make adjustments over time—from more flexible and affordable ways to access our technology to continued product and experience enhancements.Visit the Small Business Hub to explore tools, compare options, get started, and share feedback to help shape what's built next.No other Flex policies are changing, and this update is available to customers of all sizes where Flex is currently available.About Autodesk
The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything  View original content to download multimedia:https://www.prnewswire.com/news-releases/autodesk-for-small-business-update-making-it-more-affordable-to-get-started-with-autodesk-flex-302791580.htmlSOURCE Autodesk, Inc. Original: Autodesk for Small Business update: Making it more affordable to get started with Autodesk Flex

Autodesk signs strategic collaboration agreement with Amazon Web ServicesJune 3, 2026 5:00 PM
PR Newswire (US) Fusion products will be available via AWS MarketplaceSAN FRANCISCO, June 3, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK), a global leader in design and make technology, today announced it has signed a strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS). Through this collaboration, Autodesk will work with AWS to advance cloud-based solutions that help customers design, build, and operate more efficiently at scale. In addition to the SCA, Autodesk products will also be available for purchase through AWS Marketplace beginning in the second quarter of Autodesk's fiscal year. This introduces new ways for AWS customers to access Autodesk solutions — starting with Fusion for Product Design and Fusion Manage. Customers can take advantage of simple procurement and billing when purchasing Autodesk products while also honoring existing AWS Private Pricing Agreements.Autodesk and AWS will also collaborate to accelerate innovation across Autodesk's cloud platform, including opportunities to leverage AWS cloud and AI capabilities to support increasingly complex design and make workflows. By offering Autodesk's industry-leading software through AWS Marketplace, customers can streamline procurement, leverage flexible cloud infrastructure, and accelerate time to value, enabling improved performance, greater agility, and deeper insights across the entire project lifecycle."By deepening our collaboration with AWS, we're taking another major step in helping customers choose how they design and make in the cloud," said Rachel Tuller, VP of Global Partner Ecosystem Sales at Autodesk. "Together, we can give organizations the flexibility to build, operate, and scale solutions that best meet their business needs while driving greater efficiency and innovation.""This collaboration reflects what happens when partners align around customer success," said Colin Lazier, Vice President, Databases, Amazon Web Services. "By combining Autodesk's design and make expertise with AWS's cloud infrastructure and AI capabilities, we're helping customers innovate faster, work smarter, and scale with confidence — and we're just getting started."The collaboration also creates new opportunities for customers and partners across the broader AWS ecosystem. Matterport, a customer and partner of both AWS and Autodesk whose spatial data platform integrates with Autodesk workflows, sees the agreement as a way to deliver a more seamless experience for shared customers."As a customer and partner of both AWS and Autodesk, we see firsthand how this collaboration can benefit organizations like ours," said Rob Hines, Interim President at Matterport. "Customers using Matterport's spatial data platform with Autodesk workflows will gain a more unified experience on AWS, and we're excited about the possibilities that creates for the customers we serve together."Through this collaboration, Autodesk and AWS are helping customers modernize workflows, improve collaboration, and scale with confidence.This collaboration underscores Autodesk and AWS's shared commitment to delivering flexibility and unlocking greater business value for customers across industries.About AutodeskThe world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything View original content to download multimedia:https://www.prnewswire.com/news-releases/autodesk-signs-strategic-collaboration-agreement-with-amazon-web-services-302790696.htmlSOURCE Autodesk, Inc. Original: Autodesk signs strategic collaboration agreement with Amazon Web Services

Autodesk slips despite earnings beat as investors focus on $3.6bn MaintainX acquisition (ADSK)May 29, 2026 10:24 AM
IH Market News Shares retreat after major acquisition announcement Autodesk (NASDAQ:ADSK) fell more than 5% in pre-market trading on Friday after unveiling plans to acquire maintenance software company MaintainX in a $3.6 billion all-cash transaction. The decline came despite the design software group’s stronger-than-expected fiscal first-quarter results, as investors weighed the financial impact of Autodesk’s largest acquisition to date. The stock entered the session already down around 21% since the start of the year. Analysts see strategic value in the deal While the market reaction was negative, several analysts viewed the acquisition favourably from a long-term strategic perspective. Wolfe Research reiterated its “outperform” rating and $350 price target, noting that the company’s strong quarterly performance “is overshadowed by the announced acquisition of MaintainX” and adding that it “would use weakness to buy shares.” Stifel, which maintained a “buy” rating and a $285 target price, said the transaction “gets Autodesk deeper into the Operations market.” The brokerage acknowledged that some investors may not be “thrilled with the larger price tag or multiple paid,” but argued that the deal significantly broadens Autodesk’s addressable market, expanding its opportunity into what it estimates is a $40 billion sector. First-quarter results comfortably exceed expectations For the quarter ended April 2026, Autodesk reported revenue of $1.93 billion, an increase of 18.4% from a year earlier and ahead of the consensus estimate of $1.89 billion. Subscription revenue climbed 19.2% to $1.84 billion, exceeding analyst expectations of $1.79 billion. Billings also delivered a strong performance, rising 18.4% year-on-year to $1.69 billion, well above the consensus forecast of $1.57 billion. Profitability and cash generation remain strong Autodesk continued to demonstrate operational strength across key profitability metrics. Adjusted operating margin reached 39.4%, approximately 83 basis points above market expectations. Non-GAAP earnings per share came in at $2.99, exceeding the consensus estimate of $2.84 by 5%. On a GAAP basis, earnings per share totalled $2.32, significantly ahead of the $1.74 forecast by analysts. Free cash flow reached $876 million, outperforming consensus expectations of $703 million by 25% and producing a free cash flow margin of 45.3%. The company also remained active with shareholder returns, repurchasing 1.9 million shares for $448 million during the quarter at an average price of $239.87 per share. The buyback represented Autodesk’s second-largest quarterly repurchase programme by dollar value on record. Full-year outlook raised Management increased its guidance for fiscal 2027 following the strong quarterly performance. Autodesk now expects full-year revenue of between $8.16 billion and $8.22 billion, while non-GAAP earnings per share are projected to range from $12.40 to $12.65. Previous guidance called for earnings of $12.29 to $12.56 per share. The company also raised its billings forecast to a range of $8.51 billion to $8.58 billion, compared with prior guidance of $8.48 billion to $8.58 billion. Non-GAAP operating margin guidance was increased to approximately 39%, up from the previous range of 38.5% to 39%. Wolfe Research highlighted that raising guidance for the second through fourth quarters “is atypical for ADSK.” MaintainX acquisition expands Autodesk’s reach The proposed acquisition of MaintainX represents a major strategic expansion into industrial operations and asset maintenance software. Autodesk plans to fund the $3.6 billion transaction using approximately $1.6 billion of existing cash and an additional $2 billion of new debt. Founded in 2018 and based in San Francisco, MaintainX provides cloud-based maintenance management software and is expected to generate more than $135 million in annual recurring revenue during calendar 2026, representing growth of over 50% year-on-year. Based on those forecasts, the transaction values MaintainX at roughly 27 times projected 2026 ARR and 18 times projected 2027 ARR. Deal expected to support long-term growth The acquisition remains subject to regulatory approval and is expected to close during Autodesk’s fiscal 2027. The transaction has not been incorporated into current financial guidance. Management stated that MaintainX is expected to be immediately accretive to revenue growth once completed and should have a neutral impact on the company’s non-GAAP operating margin targets for fiscal 2027 and fiscal 2029. Autodesk also confirmed that the transaction is not expected to alter its existing share repurchase programme. Second-quarter forecast remains solid Looking ahead, Autodesk expects second-quarter fiscal 2027 revenue of between $2.005 billion and $2.015 billion. The company also forecast non-GAAP earnings per share of $3.10 to $3.14, reflecting continued confidence in demand across its software portfolio despite the near-term investor focus on the MaintainX acquisition. Autodesk stock price Original: Autodesk slips despite earnings beat as investors focus on $3.6bn MaintainX acquisition (ADSK)

Autodesk to present at upcoming investor conferencesMay 29, 2026 8:00 AM
PR Newswire (US) SAN FRANCISCO, May 29, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its executives will be speaking at the following investor conferences: June 3, 2026     BofA Securities 2026 Global Technology ConferenceJune 4, 2026     Baird 2026 Global Consumer, Technology & Services ConferenceA live webcast and replay of the presentations will be available through Autodesk's Investor Relations Website at investors.autodesk.com. Please go to the website 15 minutes early to register, download and install any necessary software. More information will be available on investors.autodesk.com.About Autodesk
The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnythingAutodesk uses its investors.autodesk.com website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website in addition to following our press releases, SEC filings and public conference calls and webcasts.Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.© 2026 Autodesk, Inc. All rights reserved. View original content to download multimedia:https://www.prnewswire.com/news-releases/autodesk-to-present-at-upcoming-investor-conferences-302785224.htmlSOURCE Autodesk, Inc. Original: Autodesk to present at upcoming investor conferences

AUTODESK, INC. ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTSMay 28, 2026 4:03 PM
PR Newswire (US) - First quarter revenue grew 18 percent year over year as reported; 16 percent on a constant currency basis, to $1.93 billion
- Autodesk to acquire MaintainX, advancing unified platform in operationsSAN FRANCISCO, May 28, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the first quarter of fiscal 2027, ended April 30, 2026. "Our customers need AI that produces outputs that are accurate in the real world. That requires data, context, and expertise. Each one is scarce and what differentiates Autodesk is that we have all three at scale. We can validate AI-generated outputs against real-world constraints using our existing parametric and physics-based 3D technology," said Andrew Anagnost, CEO of Autodesk. "Autodesk's assistants and MCP infrastructure provide the harness layer that makes frontier models more controllable, context-aware, and useful continuously through the full lifecycle. Autodesk's 3D foundation models provide the core AI engines that directly reason about geometry and physical relationships. This integrated approach is why we believe Autodesk will define the next generation of industrial AI.""We delivered strong first quarter results with solid execution of our plans and consistent momentum in our markets. Our sales reorganization is proceeding as expected," said Janesh Moorjani, Autodesk CFO. "We have raised our fiscal 27 guidance to reflect the strength of the business in the first quarter. Our guidance assumes that the underlying momentum of the business will remain strong and continues to reflect potential disruption from our sales restructuring consistent with the plan we set out in February. The acquisition of MaintainX will bring a strategic asset into Autodesk and support our focus on durable, long-term growth and shareholder value creation. We will include the impact of the acquisition in our guidance after the transaction closes."First Quarter Fiscal 2027 (In millions, except percentages and per share amounts)Q1 FY27
YoY ChangeBillings$  1,688
18 %Revenue $  1,934
18 %GAAP Operating Margin 28 %
14 pptNon-GAAP Operating Margin39 %
2 pptGAAP EPS $ 2.32
$    1.62Non-GAAP EPS $ 2.99
$    0.70Cash flow from operating activities$  893
58 %Free cash flow$  876
58 %
 See GAAP to Non-GAAP reconciliation at the end of this document.Net Revenue by Product Type
Q1 FY27
YoY Change
YoY Change in
Constant Currency(In millions, except percentages)
%
%Design$ 1,612
18 %
16 %Make224
25 %
24 %Other98
5 %
4 %Total Net Revenue$ 1,934
18 %
16 %Net Revenue by Geographic Area
Q1 FY27
YoY Change
YoY Change in
Constant Currency(In millions, except percentages)
%
%Americas$  844
16 %
17 %EMEA761
21 %
16 %APAC329
17 %
16 %Total Net Revenue$ 1,934
18 %
16 %Net Revenue by Product Family Our product offerings are focused in four primary product families: Architecture, Engineering, Construction, and Operations ("AECO"), AutoCAD and AutoCAD LT, Manufacturing ("MFG"), and Media and Entertainment ("M&E").
Q1 FY27
YoY Change
YoY Change in
Constant Currency(In millions, except percentages)
%
%AECO$  970
20 %
18 %AutoCAD and AutoCAD LT474
15 %
14 %MFG367
19 %
17 %M&E86
13 %
12 %Other37
32 %
27 %Total Net Revenue$        1,934
18 %
16 %Remaining Performance Obligations (In millions, except percentages)Q1 FY27YoY ChangeDeferred Revenue$ 4,45713 %Unbilled deferred revenue3,3514 %Remaining performance obligations ("RPO")7,8089 %Current RPO5,38318 %
All growth rates are compared to the first quarter of fiscal 2026 unless otherwise noted. Business OutlookThe following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties, some of which are set forth below under "Safe Harbor Statement." A reconciliation between the second quarter and full-year fiscal 2027 GAAP and non-GAAP estimates is provided below or in the tables later in this document.Second Quarter Fiscal 2027 (1)Q2 FY27 Guidance MetricsQ2 FY27
(ending July 31, 2026)Revenue (in millions)$2,005 - $2,015EPS GAAP$1.84 - $1.97EPS non-GAAP $3.10 - $3.14Full Year Fiscal 2027 (1)FY27 Guidance MetricsFY27
(ending January 31, 2027)Billings (in millions) $8,505 - $8,580Revenue (in millions) $8,155 - $8,215GAAP operating margin26% - 28%Non-GAAP operating margin ~39%EPS GAAP$8.07 - $8.63EPS non-GAAP $12.40  - $12.65Free cash flow (in millions) (2)$2,725 - $2,800
(1) Does not include MaintainX.(2) Free cash flow is cash flow from operating activities less approximately $70 million of capital expenditures.Earnings Conference Call and WebcastAutodesk will host its first quarter conference call today at 5 p.m. ET. The live broadcast can be accessed at autodesk.com/investor. A transcript of the opening commentary will also be available following the conference call. A replay of the broadcast will be available at 7 p.m. ET at autodesk.com/investor. This replay will be maintained on Autodesk's website for at least 12 months.Investor Presentation DetailsAn investor presentation, Excel financials and other supplemental materials providing additional information can be found at autodesk.com/investor.Safe Harbor StatementThis press release contains forward-looking statements that involve risks and uncertainties, including quotations from management, statements in the paragraphs under "Business Outlook" above, statements about our pending transaction with MaintainX, statements about our utilization of and strategy regarding artificial intelligence, statements about our new transaction model and sales and marketing optimization, statements about the momentum of our business, statements about our short-term and long-term goals, statements regarding our strategies, market and product positions, performance and results, and all statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: a variety of risks regarding our pending transaction with MaintainX described in our press release regarding the transaction, our strategy to develop and introduce new products and services and to move to platforms and capabilities, exposing us to risks such as limited customer acceptance  (both new and existing customers), costs related to product defects, and large expenditures; global economic and political conditions, including changes in monetary and fiscal policy, foreign exchange headwinds, recessionary fears, supply chain disruptions, resulting inflationary pressures and hiring conditions; geopolitical tension and armed conflicts, economic and regulatory uncertainty including tariffs and trade wars, and extreme weather events; costs and challenges associated with strategic acquisitions and investments; our ability to successfully implement and expand our transaction model and our sales and marketing optimization; dependency on international revenue and operations, exposing us to significant international regulatory, economic, intellectual property, collections, currency exchange rate, taxation, political, and other risks, including risks related to the war against Ukraine launched by Russia and the current military conflict in the Middle East; inability to predict subscription renewal rates and their impact on our future revenue and operating results; existing and increased competition and rapidly evolving technological changes; fluctuation of our financial results, key metrics and other operating metrics; our transition from up front to annual billings for multi-year contracts; deriving a substantial portion of our net revenue from a small number of solutions, including our AutoCAD-based software products and collections; any failure to successfully execute and manage initiatives to realign or introduce new business and sales initiatives, including our new transaction model for Flex; net revenue, billings, earnings, cash flow, or new or existing subscriptions shortfalls; social and ethical issues relating to the use of artificial intelligence in our offerings as well as market reaction to disruption from artificial intelligence; our ability to maintain security levels and service performance meeting the expectations of our customers, and the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate performance degradation and security breaches; security incidents or other incidents compromising the integrity of our or our customers' offerings, services, data, or intellectual property; reliance on third parties to provide us with a number of operational and technical services as well as software; our highly complex software, which may contain undetected errors, defects, or vulnerabilities; increasing regulatory focus on privacy issues and expanding laws; governmental export and import controls that could impair our ability to compete in international markets or subject us to liability if we violate the controls; protection of our intellectual property rights and intellectual property infringement claims from others; the government procurement process; fluctuations in currency exchange rates; our debt service obligations; and our investment portfolio consisting of a variety of investment vehicles that are subject to interest rate trends, market volatility, and other economic factors. Our estimates as to tax rate are based on current expectations and our interpretations of existing tax law and could be affected by a variety of factors, including but not limited to the projected geographic mix of earnings, changing interpretations of current tax law, further guidance, and additional tax legislation. Adjustments for the impact of the New Transaction Model are based on management's estimate giving effect to current period results or projections as if under the prior model.Further information on potential factors that could affect the financial results of Autodesk are included in Autodesk's Form 10-K and subsequent Forms 10-Q, which are on file with the U.S. Securities and Exchange Commission. Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.About AutodeskThe world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnythingAutodesk uses its investors.autodesk.com website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website in addition to following our press releases, SEC filings and public conference calls and webcasts.Autodesk, AutoCAD, AutoCAD LT, BIM 360 and Fusion 360 are trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and service offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.© 2026 Autodesk, Inc. All rights reserved.Autodesk, Inc.


Condensed Consolidated Statements of Operations(In millions, except per share data)







Three Months Ended April 30,
2026
2025
(Unaudited)Net revenue:


Subscription (1)$      1,836
$      1,540Other98
93Total net revenue1,934
1,633Cost of revenue:


Cost of subscription revenue (1)129
111Cost of other revenue 21
24Amortization of developed technologies25
25Total cost of revenue175
160Gross profit1,759
1,473Operating expenses:


Marketing and sales 593
566Research and development 421
394General and administrative 162
162Amortization of purchased intangibles12
13Restructuring, other exit costs, and facility reductions30
105Total operating expenses1,218
1,240Income from operations541
233Interest and other (loss) income, net58
1Income before income taxes599
234Provision for income taxes(108)
(82)Net income$        491
$        152Basic net income per share$       2.33
$       0.71Diluted net income per share$       2.32
$       0.70Weighted average shares used in computing basic net income per share211
214Weighted average shares used in computing diluted net income per share212
216____________________(1) During the fiscal quarter ended April 30, 2026, the Company began classifying maintenance revenue within "Subscription revenue". Prior period amounts have been reclassified to conform to the current period presentation. The reclassification did not impact total net revenue.
 Autodesk, Inc.


Condensed Consolidated Balance Sheets


(In millions)







April 30, 2026
January 31, 2026
(Unaudited)ASSETS


Current assets:


Cash and cash equivalents$           2,671
$            2,249Marketable securities 253
348Accounts receivable, net579
1,439Prepaid expenses and other current assets 871
906Total current assets4,374
4,942Long-term marketable securities385
376Computer equipment, software, furniture and leasehold improvements, net122
121Operating lease right-of-use assets152
157Intangible assets, net 453
467Goodwill4,337
4,295Deferred income taxes, net813
842Long-term other assets 1,296
1,267Total assets$         11,932
$          12,467LIABILITIES AND STOCKHOLDERS' EQUITY


Current liabilities:


Accounts payable$             403
$              422Accrued compensation360
659Accrued income taxes75
54Deferred revenue4,210
4,406Operating lease liabilities53
52Other accrued liabilities139
215Total current liabilities5,240
5,808Long-term deferred revenue247
287Long-term operating lease liabilities187
199Long-term income taxes payable186
181Long-term deferred income taxes45
40Long-term notes payable, net2,484
2,483Long-term other liabilities354
424Stockholders' equity:


Common stock and additional paid-in capital 4,726
4,709Accumulated other comprehensive loss(234)
(232)Accumulated deficit (1,303)
(1,432)Total stockholders' equity 3,189
3,045Total liabilities and stockholders' equity $         11,932
$          12,467 Autodesk, Inc.


Condensed Consolidated Statements of Cash Flows


(In millions)



Three Months Ended April 30,
2026
2025
(Unaudited)Operating activities:


Net income $         491
$         152Adjustments to reconcile net income to net cash provided by operating activities:


Depreciation, amortization and accretion51
48Stock-based compensation expense155
230Amortization of costs to obtain a contract with a customer 172
96Deferred income taxes29
78Restructuring-related asset impairments —
14Other operating activities(38)
23Changes in operating assets and liabilities, net of business combinations:


Accounts receivable859
515Prepaid expenses and other assets (126)
(304)Accounts payable and other liabilities (488)
(111)Deferred revenue(238)
(204)Accrued income taxes26
27Net cash provided by operating activities893
564Investing activities:


Purchases of marketable securities(153)
(101)Sales and maturities of marketable securities239
175Capital expenditures(17)
(8)Purchases of intangible assets(9)
(7)Business combinations, net of cash acquired(55)
—Purchases of strategic investments (1)(5)
(1)Other investing activities29
—Net cash provided by investing activities29
58Financing activities:


Proceeds from issuance of common stock, net of issuance costs76
75Taxes paid related to net share settlement of equity awards (120)
(135)Repurchases of common stock(448)
(354)Other financing activities(6)
(1)Net cash used in financing activities(498)
(415)Effect of exchange rate changes on cash and cash equivalents(2)
10Net increase in cash and cash equivalents422
217Cash and cash equivalents at beginning of period2,249
1,599Cash and cash equivalents at end of period$       2,671
$      1,816



____________________(1) "Purchases of strategic investments" were previously presented in "Other investing activities". Prior period amounts have been reclassified to conform to the current period presentation. This presentation change did not have any impact to "Net cash provided by investing activities". Autodesk, Inc.
Reconciliation of GAAP financial measures to non-GAAP financial measures(In millions, except per share data)The following table shows Autodesk's GAAP results reconciled to non-GAAP results included in this release.
Three Months Ended April 30,
2026
(Unaudited)

GAAP operating margin28 %Stock-based compensation expense8 %Amortization of purchased intangibles and developed technologies2 %Restructuring and facility-related asset impairments and other (gains) losses1 %Non-GAAP operating margin (1)39 %

GAAP diluted net income per share$                           2.32Stock-based compensation expense0.73Amortization of purchased intangibles and developed technologies0.16Acquisition-related costs0.03Restructuring and facility-related asset impairments and other (gains) losses0.12(Gains) losses on strategic investments and dispositions, net(0.27)Income tax adjustments(0.10)Non-GAAP diluted net income per share$                           2.99

Net cash provided by operating activities$                            893Capital expenditures(17)Free cash flow$                            876____________________(1)  Total may not sum due to rounding. The following tables show Autodesk's GAAP business outlook reconciled to non-GAAP business outlook included in this release.
GAAP to non-GAAP diluted earnings per share reconciliationQ2 FY27
(ending July 31, 2026)GAAP earnings per share$1.84 - $1.97Stock-based compensation expense0.97 - 0.92Restructuring and facility-related asset impairments and other (gains) losses0.03Amortization of purchased intangibles and developed technologies0.18 - 0.15Acquisition-related costs0.09 - 0.05Income tax adjustments(0.01) - 0.02Non-GAAP earnings per share$3.10 - $3.14

GAAP to non-GAAP operating margin reconciliationFY27
(ending January 31, 2027)GAAP operating margin26% - 28%Stock-based compensation expense10% - 9%Restructuring and facility-related asset impairments and other (gains) losses1% - 0%Amortization of purchased intangibles and developed technologies2 %Acquisition-related costs1 %Non-GAAP operating margin (1)39 %____________________(1)  Total may not sum due to rounding. GAAP to non-GAAP diluted earnings per share reconciliationFY27
(ending January 31, 2027)GAAP earnings per share$8.07 - $8.63Stock-based compensation expense3.66 - 3.47Restructuring and facility-related asset impairments and other (gains) losses0.26 - 0.15Amortization of purchased intangibles and developed technologies0.70 - 0.61Acquisition-related costs0.28 - 0.24(Gains) losses on strategic investments and dispositions, net(0.26)Income tax adjustments(0.31) - (0.19)Non-GAAP earnings per share$12.40 - $12.65Key Performance MetricIn order to help better understand Autodesk's financial performance, Autodesk uses a billings key performance metric. We define billings as total revenue plus the net change in deferred revenue for the reporting period less the net change in contract assets for the reporting period. Billings exclude deferred revenue acquired from business combinations during the period and the impact of changes in foreign currency exchange rates. This metric is a key performance metric and should be viewed independently of revenue and deferred revenue as this metric is not intended to be combined with those items. Autodesk believes this metric is useful to investors because it can help in monitoring the long-term health of Autodesk's business. Autodesk's determination and presentation of this metric may differ from that of other companies. The presentation of this metric is meant to be considered in addition to, not as a substitute for or in isolation from, Autodesk financial measures prepared in accordance with GAAP.Non-GAAP Financial Measures To supplement our condensed consolidated financial statements presented on a GAAP basis, we provide investors with certain non-GAAP measures including non-GAAP operating margin, non-GAAP income from operations, non-GAAP diluted net income per share, and free cash flow. For our internal budgeting and resource allocation process and as a means to evaluate period-to-period comparisons, we use non-GAAP measures to supplement our condensed consolidated financial statements presented on a GAAP basis. These non-GAAP measures do not include certain items that may have a material impact upon our future reported financial results. We use non-GAAP measures in making operating decisions because we believe those measures provide meaningful supplemental information regarding our earning potential and performance for management by excluding certain expenses and charges that may not be indicative of our core business operating results.  For the reasons set forth below, we believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business. This allows investors and others to better understand and evaluate our operating results and future prospects in the same manner as management, compare financial results across accounting periods and to those of peer companies and to better understand the long-term performance of our core business. We also use some of these measures for purposes of determining company-wide incentive compensation.There are limitations in using non-GAAP financial measures because non-GAAP financial measures are not prepared in accordance with GAAP and may be different from non-GAAP financial measures used by other companies. The non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact upon our reported financial results. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which charges are excluded from the non-GAAP financial measures. We compensate for these limitations by analyzing current and future results on a GAAP basis as well as a non-GAAP basis and also by providing GAAP measures in our public disclosures. The presentation of non-GAAP financial information is meant to be considered in addition to, not as a substitute for or in isolation from, the directly comparable financial measures prepared in accordance with GAAP. We urge investors to review the reconciliation of our non-GAAP financial measures to the comparable GAAP financial measures included in this presentation, and not to rely on any single financial measure to evaluate our business.Autodesk may exclude the following items, as applicable, from its non-GAAP measures:Stock-based compensation expenses. Autodesk excludes stock-based compensation expenses from its non-GAAP measures primarily because they are non-cash expenses and management finds it useful to exclude certain non-cash charges to assess the appropriate level of various operating expenses to assist in budgeting, planning, and forecasting future periods.  Moreover, because of varying available valuation methodologies, subjective assumptions and the variety of award types that companies can use under FASB ASC Topic 718, Autodesk believes that excluding stock-based compensation expenses allows investors to make meaningful comparisons between its recurring core business operating results and those of other companies.Amortization of developed technologies and purchased intangibles.  Autodesk incurs amortization of acquisition-related developed technology and purchased intangibles in connection with acquisitions of certain businesses and technologies. Amortization of developed technologies and purchased intangibles is inconsistent in amount and frequency and is significantly affected by the timing and size of Autodesk's acquisitions.  Management finds it useful to exclude these variable charges from our cost of revenues to assist in budgeting, planning and forecasting future periods. Investors should note that the use of intangible assets contributed to our revenues earned during the periods presented and will contribute to Autodesk's future period revenues as well. Amortization of developed technologies and purchased intangible assets will recur in future periods.Restructuring and facility-related asset impairments and other (gains) losses. These expenses are associated with realigning Autodesk's business strategies based on current economic conditions. In connection with these restructuring actions or other exit actions, Autodesk recognizes costs related to termination benefits for former employees whose positions were eliminated, the reduction of facilities, and cancellation of certain contracts. Autodesk excludes these charges because these expenses are not reflective of ongoing business and operating results.  Autodesk believes it is useful for investors to understand the effects of these items on its total operating expenses. Also included are gains or losses associated with the optimization of our costs related to facilities that we have vacated. In connection with these facilities, we recognize costs related to the impairment or abandonment of property, facilities, operating lease right-of-use assets, computer equipment, furniture, and leasehold improvements, and other gains or losses. We exclude these gains or losses because they are not reflective of ongoing business and operating results. We believe it is useful for investors to understand the effects of these items on our total operating expenses.Acquisition-related costs. Autodesk excludes certain acquisition-related costs, including due diligence costs, professional fees in connection with an acquisition, certain financing costs, and certain integration-related expenses.  These expenses are unpredictable, and dependent on factors that may be outside of Autodesk's control and unrelated to the continuing operations of the acquired business or Autodesk.  In addition, the size and complexity of an acquisition, which often drives the magnitude of acquisition-related costs, may not be indicative of such future costs.  Autodesk believes excluding acquisition-related costs facilitates the comparison of its financial results to the Autodesk's historical operating results and to other companies in its industry.Gains or losses on strategic investments and dispositions. Autodesk excludes gains and losses related to its strategic investments and dispositions of strategic investments, purchased intangibles, and businesses from its non-GAAP measures primarily because management finds it useful to exclude these variable gains and losses on these investments and dispositions in assessing Autodesk's financial results. Included in these amounts are non-cash unrealized gains and losses, dividends received, realized gains and losses on the sales or losses on the impairment of these investments, and gain and loss on dispositions. Autodesk believes excluding these items is useful to investors because these excluded items do not correlate to the underlying performance of its business and these losses or gains were incurred in connection with strategic investments and dispositions which do not occur regularly.Income tax adjustments. The income tax effects that are excluded from the non-GAAP measures relate to the tax impact on the difference between GAAP and non-GAAP expenses, primarily due to stock-based compensation, amortization of purchased intangibles, and restructuring and facility-related asset impairments and other (gains) losses for GAAP and non-GAAP measures. We remove GAAP discrete tax items, including changes in valuation allowance, from the non-GAAP measure of net income (loss). The non-GAAP tax provision is based on a projected long-term annual non-GAAP effective tax rate. Management believes the income tax adjustments assist investors in understanding the tax provision and the effective tax rate related to ongoing operations. We believe the exclusion of the discrete tax items provides investors with useful supplemental information about our operational performance.  View original content to download multimedia:https://www.prnewswire.com/news-releases/autodesk-inc-announces-fiscal-2027-first-quarter-results-302784940.htmlSOURCE Autodesk, Inc. Original: AUTODESK, INC. ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTS

Autodesk extends invitation to join financial results conference callMay 4, 2026 8:00 AM
PR Newswire (US)

First quarter fiscal 2027 financial results conference call to be held Thursday, May 28, 2026, 2 p.m. PTSAN FRANCISCO, May 4, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced it will share its first quarter fiscal 2027 financial results conference call via its website on Thursday, May 28, 2026, at 2 p.m. Pacific Time (PT). Join the live webcast call here: autodesk.com/investors. An audio replay of the webcast will be available after 5 p.m. PT at autodesk.com/investors.







More information will be available on autodesk.com/investors.About Autodesk
The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow  @&h=83999695&u=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttps%253A%252F%252Ftwitter.com%252Fautodesk%26data%3D05%257C01%257Crenee.francis%2540autodesk.com%257C1439a4db808c4c76189708dbd56b3de2%257C67bff79e7f914433a8e5c9252d2ddc1d%257C0%257C0%257C638338428794360740%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C3000%257C%257C%257C%26sdata%3D99XIKIdtfd39IJFdtYOntSrIsI0oERdIXnOH%252BJyYSkU%253D%26reserved%3D0&a=autodesk" target="_blank" rel="nofollow">autodesk. #MakeAnythingAutodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.© 2026 Autodesk, Inc. All rights reserved.



View original content to download multimedia:https://www.prnewswire.com/news-releases/autodesk-extends-invitation-to-join-financial-results-conference-call-302748953.htmlSOURCE Autodesk, Inc.

Original: Autodesk extends invitation to join financial results conference call

Autodesk announces nomination of Omar Abbosh to boardApril 24, 2026 4:05 PM
PR Newswire (US)

Company also announces Stephen Milligan will not stand for re-election to board of directorsSAN FRANCISCO, April 24, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its Board of Directors has nominated Omar Abbosh as a new independent director for election by shareholders at the company's annual general meeting.







Abbosh is a global business and technology leader who currently serves as chief executive officer of Pearson. Prior to Pearson, he held senior leadership roles at Microsoft and Accenture, where he worked at the intersection of technology, strategy, and large-scale business transformation.  "Omar's experience as a CEO deeply focused on using AI to improve customer experience in all stages of the SasS lifecycle will be highly valuable to Autodesk," said Smith. "We are pleased to nominate him to the board and look forward to the perspective he will bring as Autodesk continues to help customers design and make a better world.""Autodesk has an important role to play in helping its customers navigate change and compete in a more connected, data-rich world," said Abbosh. "I am excited for the potential to join the board and support the company as it advances its strategy, serves its customers, and creates value over the long term."Autodesk also announced Stephen Milligan has informed the board that he will not stand for re-election to Autodesk's Board of Directors at the company's upcoming annual general meeting. Milligan will continue to serve as a director until the conclusion of his current term."On behalf of the board, I thank Stephen for his service and many contributions to Autodesk," said Stacy Smith, chair of Autodesk's Board of Directors. "Stephen has brought valuable perspective from his deep financial and executive leadership experience to the board, and we appreciate the role he has played in helping guide Autodesk's strategy and governance. We wish him all the best."Milligan is a seasoned technology executive with significant public company leadership experience and has served on the company's audit committee during his tenure.Following Milligan's decision not to stand for re-election and Abbosh's appointment, Autodesk's Board will continue to consist of 11 directors, 10 of whom are independent, following the annual meeting.The nomination of directors to be elected at the annual general meeting will be described in Autodesk's proxy materials to be filed with the U.S. Securities and Exchange Commission.About Autodesk
The world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything



View original content to download multimedia:https://www.prnewswire.com/news-releases/autodesk-announces-nomination-of-omar-abbosh-to-board-302753264.htmlSOURCE Autodesk, Inc.

Original: Autodesk announces nomination of Omar Abbosh to board

Autodesk to present at upcoming investor conferencesFebruary 27, 2026 8:00 AM
PR Newswire (US)

SAN FRANCISCO, Feb. 27, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced its executives will be speaking at the following investor conferences:







March 4, 2026              Morgan Stanley Technology, Media & Telecom ConferenceA live webcast and replay of the presentations will be available through Autodesk's Investor Relations Website at investors.autodesk.com. Please go to the website 15 minutes early to register, download and install any necessary software. More information will be available on investors.autodesk.com.About AutodeskThe world's designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnythingAutodesk uses its investors.autodesk.com website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website in addition to following our press releases, SEC filings and public conference calls and webcasts.Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. © 2026 Autodesk, Inc. All rights reserved.



View original content to download multimedia:https://www.prnewswire.com/news-releases/autodesk-to-present-at-upcoming-investor-conferences-302691704.htmlSOURCE Autodesk, Inc.

Original: Autodesk to present at upcoming investor conferences

Autodesk shares edge higher after earnings beat and strong outlookFebruary 27, 2026 6:24 AM
IH Market News
Autodesk (NASDAQ:ADSK) reported fourth-quarter results that exceeded market expectations and issued fiscal 2027 guidance above analyst forecasts, lifting shares more than 2% in U.S. premarket trading.The company posted adjusted earnings per share of $2.85, surpassing analyst estimates of $2.64. Revenue increased 19% year over year to $1.96 billion, also ahead of the $1.91 billion consensus projection.For fiscal 2027, Autodesk guided adjusted EPS in a range of $12.29 to $12.56, well above the consensus estimate of $11.65. The company expects revenue between $8.48 billion and $8.58 billion, compared with analyst expectations of $7.97 billion.Chief Executive Andrew Anagnost said Autodesk has spent more than a decade preparing its platform for cloud and artificial intelligence capabilities and is now focused on scaling and monetizing AI across its product portfolio.Chief Financial Officer Janesh Moorjani said quarterly performance was supported by strong demand across architecture, engineering, construction and operations, with particular momentum in construction and emerging markets. He added that enterprise agreements, subscription billings and upfront revenue all came in ahead of expectations.Autodesk noted that its fiscal 2027 outlook assumes continued solid underlying business momentum while factoring in temporary risks to billings and revenue tied to the rollout of a sales optimization initiative.“In what has been a challenging environment for software, Autodesk delivered one of the cleanest prints in our coverage driven by better execution, and a stronger demand environment while simultaneously taking the right steps to reignite new business growth and position the company to be an AI winner,” analysts at Wolfe Research including Joshua Tilton said in a note.Autodesk stock price

Original: Autodesk shares edge higher after earnings beat and strong outlook

https://investors.autodesk.com/news-releases/news-release-details/autodesk-inc-announces-fiscal-2026-third-quarter-results

ADSK, reports Thursday

$ADSK Q3 2025 Earnings Call Recap Video

ADSK 10 Q due 11/26

https://www.autodesk.com/design-make/articles/sustainable-ai-practices

The shift to digital and #AI promised a greener economy. So why is AI using so much energy? The problem is also the solution: We can use #GenerativeAI to develop sustainable practices without compromising the innovation it brings. Learn more: https://t.co/0a6mQNAHVc— Autodesk (@autodesk) October 24, 2024

ADSK anew 52+week high

Autodesk Media & Entertainment brings new capabilities to enhance creativity and efficiency

https://adsknews.autodesk.com/en/news/autodesk-brings-power-to-the-artists/

Autodesk AI strengthens Fusion and Alias, increasing design and make productivity, efficiency, and inspiration

https://adsknews.autodesk.com/en/news/autodesk-ai-strengthens-fusion-and-alias/

Autodesk doubles down on the future of BIM with new data connections and AI capabilities


https://adsknews.autodesk.com/en/news/autodesk-doubles-down-on-the-future-of-bim/

ADSK anew 52+week high

ADSK anew 52 week high

ADSK new 52 w eek high

ADSK new 52 week high

AUTODESK, INC. ANNOUNCES FISCAL 2025 SECOND QUARTER RESULTS

Aug 29, 2024

https://investors.autodesk.com/news-releases/news-release-details/autodesk-inc-announces-fiscal-2025-second-quarter-results

- Raising the mid-points of billings, revenue, earnings per share, and free cash flow guidance ranges.
- Second quarter revenue grew 12 percent, and 13 percent at constant exchange rates, to $1.5 billion.
- Current remaining performance obligations were $3.9 billion, up 11 percent year over year.

SAN FRANCISCO, Aug. 29, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the second quarter of fiscal 2025.

(PRNewsfoto/Autodesk, Inc.)

All growth rates are compared to the second quarter of fiscal 2024, unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document.

Second Quarter Fiscal 2025 Financial Highlights

Total revenue increased 12 percent to $1.51 billion;
GAAP operating margin was 23 percent, up 4 percentage points;
Non-GAAP operating margin was 37 percent, up 1 percentage point;
GAAP diluted EPS was $1.30; Non-GAAP diluted EPS was $2.15;
Cash flow from operating activities was $212 million; free cash flow was $203 million.
"Autodesk continues to generate strong and sustained momentum both in absolute terms and relative to peers. Our success is fueled by our ability to capitalize on the attractive long term-growth trends we're seeing, including increases in global reconstruction and infrastructure. This is supported by our focused strategy to deliver more valuable and connected solutions for our customers, and by the proven durability of our business," said Andrew Anagnost, Autodesk president and CEO. "Disciplined execution and capital deployment is driving even greater operational velocity and efficiency within Autodesk and will underpin the mechanical build of revenue and free cash flow over the next few years and GAAP margins among the best in the industry. In combination, we believe these factors will deliver sustainable shareholder value over many years."

"We generated broad-based growth across products and regions in architecture, engineering and construction (AEC) and manufacturing in the second quarter. Overall, macroeconomic, policy, and geopolitical challenges, and the underlying momentum of the business, were consistent with the last few quarters," said Betsy Rafael, Autodesk interim CFO. "Given our sustained momentum in the second quarter, and smooth launch of the new transaction model in North America, we are raising the mid-points of our billings, revenue, earnings per share, and free cash flow guidance ranges."

Additional Financial Details

Total billings increased 13 percent to $1.24 billion.
Total revenue was $1.51 billion, an increase of 12 percent as reported, and 13 percent on a constant currency basis. Recurring revenue represents 97 percent of total.
Design revenue was $1.26 billion, an increase of 9 percent as reported, and 10 percent on a constant currency basis. On a sequential basis, Design revenue increased 5 percent as reported and on a constant currency basis.
Make revenue was $162 million, an increase of 25 percent as reported and on a constant currency basis. On a sequential basis, Make revenue increased 12 percent as reported and on a constant currency basis.
Subscription plan revenue was $1.41 billion, an increase of 11 percent as reported, and 12 percent on a constant currency basis. On a sequential basis, subscription plan revenue increased 6 percent as reported and on a constant currency basis.
Net revenue retention rate remained within the range of 100 to 110 percent, on a constant currency basis.
GAAP operating income was $343 million, compared to $262 million. GAAP operating margin was 23 percent, up 4 percentage points.
Total non-GAAP operating income was $560 million, compared to $489 million. Non-GAAP operating margin was 37 percent, up 1 percentage point.
GAAP diluted net income per share was $1.30, compared to $1.03.
Non-GAAP diluted net income per share was $2.15, compared to $1.91.
Deferred revenue decreased 13 percent to $3.69 billion. Unbilled deferred revenue was $2.17 billion, an increase of $1.18 billion. Remaining performance obligations ("RPO") increased 12 percent to $5.86 billion. Current RPO increased 11 percent to $3.90 billion.
Cash flow from operating activities was $212 million, an increase of $77 million. Free cash flow was $203 million, an increase of $75 million.

ADSK 10Q due AUGUST 28

AUTODESK, INC. ANNOUNCES FISCAL 2024 FOURTH QUARTER AND FULL-YEAR RESULTS

Source: PR Newswire (US)
- Fourth quarter revenue grew 11 percent, and 14 percent at constant exchange rates, to $1.5 billion

- Fourth quarter current remaining performance obligations grew 13 percent, to $4.0 billion

SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the fourth quarter and full year of fiscal 2024.

(PRNewsfoto/Autodesk, Inc.)

All growth rates are compared to the fourth quarter and full year of fiscal 2023, respectively, unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document.

Fourth Quarter Fiscal 2024 Financial Highlights

Total revenue increased 11 percent to $1.47 billion;
GAAP operating margin was 21 percent, flat compared to the prior period;
Non-GAAP operating margin was 36 percent, flat compared to the prior period;
GAAP diluted EPS was $1.31; Non-GAAP diluted EPS was $2.09;
Cash flow from operating activities was $437 million; free cash flow was $427 million.
"We are undertaking a multi-year process to develop lifecycle solutions, powered by shared platform services, and with Autodesk's Data Model at its core. Together, these will enable Autodesk, its customers, and partners, to create more valuable, data-driven, and connected products and services," said Andrew Anagnost, Autodesk president and CEO. "Having led the industry in generative design, we are leading again in 3D generative AI. Our new multimodal foundation models will enable design and make customers to automate low-value and repetitive tasks and generate more high-value, complex designs more rapidly and with much greater consistency. We can already generate 3D representations from images 10 times faster and with vastly higher quality than currently available 3D AI."

"Autodesk remains resilient and underlying demand for our products and services is robust. As a result, revenue grew 14 percent at constant currency in the fourth quarter," said Debbie Clifford, Autodesk CFO. "Adjusting the mid-point of our guidance to exclude noise from the new transaction model, acquisitions, the absence of EBA true-up revenue, and FX, we expect underlying revenue to grow more than 10 percent in fiscal 25."

Fourth Quarter Fiscal 2024 Additional Financial Details

Total billings decreased 19 percent to $1.71 billion.
Total revenue was $1.47 billion, an increase of 11 percent as reported, and 14 percent on a constant currency basis. Recurring revenue represents 98 percent of total.
Design revenue was $1.22 billion, an increase of 10 percent as reported, and 12 percent on a constant currency basis. On a sequential basis, Design revenue increased 2 percent as reported and on a constant currency basis.
Make revenue was $138 million, an increase of 16 percent as reported, and 17 percent on a constant currency basis. On a sequential basis, Make revenue increased 3 percent as reported and on a constant currency basis.
Subscription plan revenue was $1.34 billion, an increase of 10 percent as reported, and 13 percent on a constant currency basis. On a sequential basis, subscription plan revenue increased 2 percent as reported, and 3 percent on a constant currency basis.
Net revenue retention rate was within the range of 100 to 110 percent on a constant currency basis.
GAAP operating income was $315 million, compared to $277 million in the fourth quarter last year. GAAP operating margin was 21 percent, flat compared to the prior period.
Total non-GAAP operating income was $522 million, compared to $479 million in the fourth quarter last year. Non-GAAP operating margin was 36 percent, flat compared to the prior period.
GAAP diluted net income per share was $1.31, compared to $1.35 in the fourth quarter last year.
Non-GAAP diluted net income per share was $2.09, compared to $1.86 in the fourth quarter last year.
Deferred revenue decreased 7 percent to $4.26 billion. Unbilled deferred revenue was $1.84 billion, an increase of $801 million compared to the fourth quarter last year. Remaining performance obligations (RPO) increased 9 percent to $6.11 billion. Current RPO increased 13 percent to $3.98 billion.
Cash flow from operating activities was $437 million, a decrease of 474 million compared to the fourth quarter last year. Free cash flow was $427 million, a decrease of $476 million compared to the fourth quarter last year.
Net Revenue by Geographic Area

ADSK new 52 week high

ADSK new 52 week high

ADSK new 52=week high

ADSK new 52 week high

ADSK new 52 week high

sudden change in manipulating mind - sure not AI activity, AI prefer to take it over 233 -245 by Q end

acting like a falling knife even after earning beat by good margin

is this a US or US base foreign Company

AUTODESK, INC.
FORM 10-K
(Annual Report)
Filed 03/14/23 for the Period Ending 01/31/23

https://www.otcmarkets.com/filing/conv_pdf?id=16489064&guid=GfA-kapzYHUjQth

Fiscal 2023 Financial Highlights
• Total billings increased 20 percent to $5.80 billion.
• Total revenue was $5.01 billion, an increase of 14 percent as reported, and 15 percent on a constant currency basis. Recurring revenue represents 98 percent of total.
• Design revenue was $4.26 billion, an increase of 13 percent as reported, and 14 percent on a constant currency basis.
• Make revenue was $452 million, an increase of 24 percent as reported, and 25 percent on a constant currency basis.
• Subscription plan revenue was $4.65 billion, an increase of 15 percent as reported and on a constant currency basis.
• Total subscriptions increased approximately 702 thousand from fiscal 2022 to 6.74 million at the end of fiscal 2023. Total subscriptions adjusted for the multi-user trade-in increased approximately 603 thousand from fiscal 2022 to 6.25 million.
• Subscription plan subscriptions increased 724 thousand from the end of fiscal 2022 to 6.74 million at the end of fiscal 2023.
• GAAP operating income was $989 million, compared to $618 million last year. GAAP operating margin was 20 percent, up 6 percentage points.
• Total non-GAAP operating income was $1.79 billion compared to $1.40 billion last year. Non-GAAP operating margin was 36 percent, up 4 percentage points.
• GAAP diluted net income per share was $3.78, compared to $2.24 last year.
• Non-GAAP diluted net income per share was $6.63, compared to $5.07 last year.
• Cash flow from operating activities increased to $2.07 billion, compared to $1.53 billion in fiscal 2022. Free cash flow increased to $2.03 billion, compared to $1.48 billion in fiscal 2022.

AUTODESK, INC.
FORM 8-K
(Current report filing)
Filed 02/23/23 for the Period Ending 02/23/23

https://www.otcmarkets.com/filing/conv_pdf?id=16428692&guid=Cs4-kWJiMHfPdth

AUTODESK, INC. ANNOUNCES FISCAL 2023 FOURTH QUARTER AND FULL-YEAR RESULTS
- Record quarterly and full-year revenue, cash flow from operating activities, and free cash flow
- Fourth quarter billings and current remaining performance obligations grew 28 percent and 12 percent year over year, respectively, to $2.1 billion and $3.5 billion
SAN FRANCISCO, FEBRUARY 23, 2023-- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the fourth quarter and full year of fiscal 2023.
All growth rates are compared to the fourth quarter and full year of fiscal 2022, respectively, unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document.
Fourth Quarter Fiscal 2023 Financial Highlights
• Total revenue increased 9 percent to $1.32 billion;
• GAAP operating margin was 21 percent, up 9 percentage points;
• Non-GAAP operating margin was 36 percent, up 1 percentage point;
• GAAP diluted EPS was $1.35; Non-GAAP diluted EPS was $1.86;
• Cash flow from operating activities was $911 million; free cash flow was $903 million.
“As we deliver next-generation technology and services to our customers, the pace of transformation within and between the industries we serve will accelerate, generating large new growth opportunities for Autodesk,” said Andrew Anagnost, Autodesk president and CEO. “We started seeing the shift towards connected digital workflows in the cloud in product design and manufacturing, then in architecture, followed by building engineering, and more recently construction. And we are now seeing growing momentum with owners.”
“Overall, the demand environment in Q4 remained consistent with Q3 with the approaching transition from up-front to annual billings for multi-year contracts, and a large renewal cohort, providing a tailwind to billings and free cash flow,” said Debbie Clifford, Autodesk CFO. “We continue to develop broader strategic partnerships with our customers, closing our largest deal to date during the quarter. Our strong momentum and competitive performance set us up well for fiscal 24.”
Fourth Quarter Fiscal 2023 Additional Financial Details
• Total billings increased 28 percent to $2.12 billion.
• Total revenue was $1.32 billion, an increase of 9 percent as reported, and 12 percent on a constant currency basis. Recurring revenue represents 98 percent of total.
• Design revenue was $1.11 billion, an increase of 9 percent as reported, and 12 percent on a constant currency basis. On a sequential basis, Design revenue increased 2 percent as reported and on a constant currency basis.
1

• Make revenue was $119 million, an increase of 20 percent as reported, and 21 percent on a constant currency basis. On a sequential basis, Make revenue increased 2 percent as reported and on a constant currency basis.
• Subscription plan revenue was $1.21 billion, an increase of 11 percent as reported, and 14 percent on a constant currency basis. On a sequential basis, subscription plan revenue increased 2 percent as reported and on a constant currency basis.
• Net revenue retention rate was within the range of 100 to 110 percent.
• GAAP operating income was $277 million, compared to $143 million in the fourth quarter last year. GAAP operating margin was 21 percent, up 9 percentage points.
• Total non-GAAP operating income was $479 million, compared to $421 million in the fourth quarter last year. Non- GAAP operating margin was 36 percent, up 1 percentage point.
• GAAP diluted net income per share was $1.35, compared to $0.40 in the fourth quarter last year.
• Non-GAAP diluted net income per share was $1.86, compared to $1.50 in the fourth quarter last year.
• Deferred revenue increased 21 percent to $4.58 billion. Unbilled deferred revenue was $1.04 billion, an increase of $94 million compared to the fourth quarter of last year. Remaining performance obligations (RPO) increased 19 percent to $5.62 billion. Current RPO increased 12 percent to $3.52 billion.
• Cash flow from operating activities was $911 million, an increase of $189 million compared to the fourth quarter last year. Free cash flow was $903 million, an increase of $187 million compared to the fourth quarter last year.

FORM 8-K
(Current report filing)
Filed 12/15/22 for the Period Ending 12/15/22

https://www.otcmarkets.com/filing/conv_pdf?id=16261726&guid=Uh7-knSQbFKAdth

FORM 10-Q
(Quarterly Report)
Filed 12/06/22 for the Period Ending 10/31/22

https://www.otcmarkets.com/filing/conv_pdf?id=16246196&guid=Uh7-knSQbFKAdth

$ADSK | #Autodesk Earnings Bullish Targets



Stock enters earnings within a 3 month congestion channel phase, with indicators all turning bullish .
Potential Targets
$273.50 is measured channel move (100% of current channel)
$260-266 Local Fibonacci expansion target zone.
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News: $ADSK Construction Growth Powers Autodesk's Results

Computer-assisted design (CAD) pioneer and design and project software provider Autodesk (NASDAQ: ADSK) released fiscal third-quarter earnings results on Tuesday after the market close. Shares of the technology investment were trading up roughly 4% at midday on Wednesday as investors endor...

Got this from ADSK - Construction Growth Powers Autodesk's Results

Broke resistance!

Out ADSK afterhours at $130's. Love afterhours good earnings.

ADSK buy 107.16

















normal chart




log chart

Autodesk Inc (NASDAQ:ADSK) Hit The Skids

This morning, leading design software and services company, Autodesk, Inc. (NASDAQ:ADSK), is trading lower by nearly 15.0 percent on the session. The decline comes after the company reported earnings and announced a restructuring plan. Traders should note that ADSK stock is now trading below its important 50-day moving average. This puts the stock in a weak technical chart position.

Often when a stock declines this sharply from a high pivot it will indicate lower prices in the coming weeks. The next major chart support level for ADSK stock is around the $96.00 level. This area is where the stock broke out in May 2017. Generally, when a stock retests its breakout level it will be defended when retested.



Nicholas Santiago
InTheMoneyStocks

He said to wait for a dip but he pushed it hard last February.

Cramer insisted that I buy shares in this company---for the second time in a week.

Trueheart

ADSK trading well above its fair value before reporting earnings today: analysis

BofA reiterated its Sell rating on ADSK today. Shares seem to be trading at a large premium

VALUATION MODELS

Hearing rumors Microsoft may be interested in a take over of ADSK to cement Microsoft's position in the augmented reality space.