Autodesk, Inc. ADSK
Note: A glossary of terms used in this Form 10-K appears at the end of this Item 1.
We are a global leader in 3D design, engineering and entertainment technology solutions, spanning architecture, engineering, construction, product design, manufacturing, media, and entertainment. Our customers design, fabricate, manufacture, and build anything by visualizing, simulating, and analyzing real-world performance early in the design process. These capabilities allow our customers to foster innovation, optimize their designs, streamline their manufacturing and construction processes, save time and money, improve quality, deliver more sustainable outcomes, communicate plans, and collaborate with others. Our professional software products are sold globally through a combination of indirect and direct channels.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.21B | $6.13B | $5.50B | $5.00B | $4.39B | $3.79B | $3.27B | $2.57B | $2.06B | $2.03B |
| Cost of revenue | $650.0M | $578.0M | $511.0M | $480.0M | $418.0M | $337.0M | $324.9M | $285.9M | $303.4M | $341.9M |
| Gross profit | $6.56B | $5.55B | $4.99B | $4.53B | $3.97B | $3.45B | $2.95B | $2.28B | $1.75B | $1.69B |
| R&D | $1.64B | $1.49B | $1.37B | $1.22B | $1.11B | $932.0M | $851.1M | $725.0M | $755.5M | $766.1M |
| SG&A | $693.0M | $650.0M | $620.0M | $532.0M | $572.0M | $414.0M | $405.6M | $340.1M | $305.2M | $287.8M |
| Total operating expenses | $4.98B | $4.20B | $3.86B | $3.54B | $3.35B | $2.82B | $2.61B | $2.31B | $2.26B | $2.19B |
| Operating income | $1.58B | $1.35B | $1.13B | $989.0M | $618.0M | $629.0M | $343.0M | -$25.0M | -$509.1M | -$499.6M |
| Interest expense | $80.0M | $71.0M | $71.0M | $83.0M | $53.0M | $82.0M | $48.2M | $17.7M | $48.2M | $24.2M |
| Pre-tax income | $1.60B | $1.38B | $1.14B | $946.0M | $565.0M | $547.0M | $294.8M | -$42.7M | -$557.3M | -$523.8M |
| Income tax | $479.0M | $272.0M | $230.0M | $123.0M | $68.0M | $661.0M | $80.3M | $38.1M | $9.6M | $58.3M |
| Net income | $1.12B | $1.11B | $906.0M | $823.0M | $497.0M | $1.21B | $214.5M | -$80.8M | -$566.9M | -$582.1M |
| EPS, basic | 5.28 | 5.17 | 4.23 | 3.81 | 2.26 | 5.52 | 0.98 | -0.37 | -2.58 | -2.61 |
| EPS, diluted | 5.23 | 5.12 | 4.19 | 3.78 | 2.24 | 5.44 | 0.96 | -0.37 | -2.58 | -2.61 |
| Shares, diluted (wtd. avg.) | 215.0M | 217.0M | 216.0M | 218.0M | 222.0M | 222.0M | 222.5M | 218.9M | 219.5M | 222.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.25B | $1.60B | $1.89B | $1.95B | $1.53B | $1.77B | $1.77B | $886.0M | $1.08B | $1.21B |
| Short-term investments | $348.0M | $287.0M | $354.0M | $125.0M | $236.0M | $4.0M | $69.0M | $67.6M | $245.2M | $686.8M |
| Receivables | $1.44B | $1.01B | $876.0M | $961.0M | $716.0M | $643.1M | $652.3M | $474.3M | $438.2M | $452.3M |
| Total current assets | $4.94B | $3.48B | $3.58B | $3.34B | $2.76B | $2.63B | $2.66B | $1.62B | $1.88B | $2.46B |
| Property, plant and equipment | $121.0M | $117.0M | $121.0M | $144.0M | $162.0M | $192.8M | $161.7M | $149.7M | $145.0M | $158.6M |
| Goodwill | $4.29B | $4.24B | $3.65B | $3.62B | $3.60B | $2.71B | $2.44B | $2.45B | $1.62B | $1.56B |
| Other intangibles | $467.0M | $574.0M | $406.0M | $407.0M | $494.0M | $199.3M | $70.9M | $105.6M | $27.1M | $45.7M |
| Total assets | $12.47B | $10.83B | $9.91B | $9.44B | $8.61B | $7.28B | $6.18B | $4.73B | $4.11B | $4.80B |
| Accounts payable | $422.0M | $242.0M | $100.0M | $102.0M | $121.0M | $122.5M | $83.7M | $101.6M | $94.7M | $93.5M |
| Total current liabilities | $5.81B | $5.15B | $4.35B | $4.00B | $4.01B | $3.25B | $3.22B | $2.30B | $2.12B | $2.19B |
| Long-term debt | $2.50B | $2.30B | $2.30B | $2.30B | $2.65B | $1.65B | $2.10B | $2.09B | $1.59B | $1.09B |
| Retained earnings | -$1.43B | -$1.33B | -$1.71B | -$2.00B | -$1.95B | -$1.49B | -$2.30B | -$2.15B | -$2.08B | -$964.2M |
| Total equity | $3.04B | $2.62B | $1.85B | $1.15B | $849.0M | $965.0M | -$139.0M | -$210.9M | -$256.0M | $733.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.45B | $1.61B | $1.31B | $2.07B | $1.53B | $1.44B | $1.42B | $377.1M | $900.0K | $169.7M |
| Depreciation and amortisation | $43.0M | $43.0M | $47.0M | $50.0M | $52.0M | $51.0M | $51.0M | $59.2M | $67.6M | $73.1M |
| Stock-based compensation | $788.0M | $683.0M | $703.0M | $657.0M | $555.0M | $398.0M | $362.4M | $249.5M | $261.4M | $221.8M |
| Capital expenditure | $43.0M | $40.0M | $31.0M | $40.0M | $56.0M | $91.0M | $53.2M | $67.0M | $50.7M | $76.0M |
| Investing cash flow | -$451.0M | -$903.0M | -$502.0M | -$143.0M | -$1.59B | -$404.0M | -$57.3M | -$710.4M | $506.4M | $272.0M |
| Financing cash flow | -$1.36B | -$987.0M | -$852.0M | -$1.49B | -$169.0M | -$1.05B | -$466.8M | $151.9M | -$656.6M | -$578.3M |
| Dividends paid | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Buybacks | $1.40B | $852.0M | $795.0M | $1.10B | $1.08B | $552.0M | $442.5M | $293.5M | $699.0M | $621.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000769397-26-000030.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.03B | $2.06B | $2.57B | $3.27B | $3.79B | $4.39B | $5.00B | $5.50B | $6.13B | $7.21B |
| Gross profit | $1.69B | $1.75B | $2.28B | $2.95B | $3.45B | $3.97B | $4.53B | $4.99B | $5.55B | $6.56B |
| Net income | -$582.1M | -$566.9M | -$80.8M | $214.5M | $1.21B | $497.0M | $823.0M | $906.0M | $1.11B | $1.12B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Material agreement signed Item 1.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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