You might also like
Autodesk, Inc. is a global leader in 3D design, engineering, and entertainment technology solutions, serving industries such as architecture, engineering, construction, product design, manufacturing, media, and entertainment . The company offers a wide range of products categorized into four primary families: Architecture, Engineering and Construction (AEC), AutoCAD and AutoCAD LT, Manufacturing (MFG), and Media and Entertainment (M&E) . Autodesk sells its products globally through a combination of indirect and direct channels, with a significant portion of revenue derived from international markets .
- Architecture, Engineering and Construction (AEC) - Provides comprehensive tools for designing, engineering, and constructing buildings and infrastructure.
- AutoCAD and AutoCAD LT - Offers versatile software for 2D and 3D CAD design, drafting, and modeling.
- Manufacturing (MFG) - Delivers solutions for product design, manufacturing processes, and factory planning.
- Media and Entertainment (M&E) - Supplies technology for creating visual effects, animation, and immersive experiences.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Andrew Anagnost ExecutiveBoard | President and CEO | Board Member at HubSpot, Inc. | Andrew Anagnost has been CEO since June 2017. He joined Autodesk in 1997 and has held various leadership roles, including Co-CEO and Chief Marketing Officer. He holds a PhD in Aeronautical Engineering from Stanford. | View Report → |
Betsy Rafael Executive | Interim Chief Financial Officer | Board Member at Informatica LLC and Kinaxis, Inc. | Betsy Rafael became Interim CFO in May 2024. She has extensive financial leadership experience, including roles at Apple, Cisco, and GoDaddy. She joined Autodesk's board in 2013 before transitioning to this role. | |
Rebecca Pearce Executive | EVP and Chief People Officer | None | Rebecca Pearce joined Autodesk in 2015 and became Chief People Officer in January 2022. She has held various HR leadership roles within the company. | |
Ruth Ann Keene Executive | EVP, Corporate Affairs, Chief Legal Officer, and Corporate Secretary | None | Ruth Ann Keene rejoined Autodesk in January 2022 and became Chief Legal Officer in May 2022. She previously held senior legal roles at Unity Technologies and Autodesk. | |
Steve M. Blum Executive | Executive Vice President and COO | None | Steve Blum joined Autodesk in 2003 and has held multiple leadership roles, including Chief Revenue Officer. He became COO in January 2022. | |
Ayanna Howard Board | Director | Dean of the College of Engineering at The Ohio State University; Board Member at Motorola Solutions, Inc. | Ayanna Howard joined Autodesk's board in 2019. She is a robotics and AI expert and the Dean of Engineering at The Ohio State University. | |
Blake Irving Board | Director | Board Member at DocuSign, Inc.; ZipRecruiter, Inc.; Flowhub, LLC | Blake Irving joined Autodesk's board in 2019. He is the former CEO of GoDaddy and has held leadership roles at Yahoo! and Microsoft. | |
John Cahill Board | Director | Director at American Airlines and Colgate-Palmolive; Vice Chair of Kraft Heinz Company | John Cahill joined Autodesk's board in December 2024. He has extensive leadership experience, including as CEO of Kraft Foods Group and Vice Chair of Kraft Heinz. | |
Karen Blasing Board | Director | Board Member at Zscaler, Inc. and GitLab, Inc. | Karen Blasing joined Autodesk's board in 2018. She is the former CFO of Guidewire Software and has extensive financial leadership experience. | |
Ram Krishnan Board | Director | Director at Aspen Technology | Ram Krishnan joined Autodesk's board in December 2024. He is the COO of Emerson and has played a key role in its transformation into an industrial technology leader. | |
Rami Rahim Board | Director | CEO of Juniper Networks, Inc. | Rami Rahim joined Autodesk's board in 2022. He is the CEO of Juniper Networks and has extensive experience in networking and technology leadership. | |
Reid French Board | Director | Board Member at Verint Systems Inc., JSSI, Inc., and NetDocuments Software, Inc. | Reid French joined Autodesk's board in 2017. He has over 20 years of leadership experience in the software industry, including as CEO of Applied Systems. | |
Stacy J. Smith Board | Non-Executive Chair of the Board | Executive Chairman of Kioxia Corporation; Board Member at Wolfspeed, Inc. | Stacy J. Smith has been a director since 2011 and became Non-Executive Chair in 2018. He previously held senior roles at Intel, including CFO and Group President. | |
Stephen Milligan Board | Director | None | Stephen Milligan has been a director since 2018. He previously served as CEO of Western Digital Corporation and has extensive experience in technology and finance. |
-
Given that Autodesk is currently at the bottom end of its long-term revenue growth guidance of 10% to 15%, and considering the various headwinds like the pandemic, inflation, and exiting the Russian business , what specific strategies are you implementing to accelerate growth and move towards the higher end of that range?
-
With the ongoing transition to the new transaction model and the increased investments in people, processes, and automation , can you provide more details on how these changes will impact your operating margins in the short term, and what is the timeline for realizing the expected efficiencies?
-
You mentioned that Project Bernini is not commercially available yet and there's uncertainty around its monetization model ; how do you plan to generate revenue from AI initiatives like Bernini in the future, and what metrics will you use to measure success in this area?
-
Given the competitive landscape and your assertion that Autodesk is ahead in AI and cloud investments , how do you plan to maintain your competitive advantage, especially considering that the benefits from AI are still uncertain in terms of monetization?
-
Regarding the large license compliance agreement you mentioned, which included one of your largest ever , to what extent are such compliance efforts contributing to your revenue growth, and do you expect this to be a significant contributor going forward?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. | |
A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. | |
Dassault Systèmes S.A. | A primary global competitor in the design software market, including its subsidiary Dassault Systèmes SolidWorks Corp., which operates in various vertical markets served by the design software industry. |
Intergraph Corporation | A primary global competitor in the design software market, operating as a wholly owned subsidiary of Hexagon AB. The company competes in various vertical markets served by the design software industry. |
MSC Software Corporation | A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. |
Nemetschek AG | A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. |
A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. | |
A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. | |
A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. | |
A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. | |
Siemens PLM | A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. |
A primary global competitor in the design software market, which is characterized by rapid change and vigorous competition. The company competes in various vertical markets served by the design software industry. |
| Customer | Relationship | Segment | Details |
|---|---|---|---|
TD Synnex Corporation | Largest distributor, channel partner | All | 33% of net revenue in FY2025 , 39% in FY2024 , 37% in FY2023 , 5% of trade A/R on January 31, 2025 , 18% on January 31, 2024 |
Ingram Micro | Major distributor, channel partner | All | 5% of net revenue in FY2025 , 7% in FY2024 |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Wonder Dynamics (Aether Media, Inc.) | 2024 | Autodesk acquired Wonder Dynamics (also known as Aether Media, Inc.) on May 20, 2024, for a total of $131 million in cash—with $122 million as purchase consideration and $9 million recorded as prepaid expenses— to enhance its AI capabilities for visual effects through its cloud‐based AI pipeline for creating computer-generated 3D characters on the Flow platform. |
PIX business of X2X, LLC | 2024 | Acquired on March 15, 2024, for $266 million in cash, the PIX business is a production management solution for secure review and collaboration in media and entertainment, with the deal structured to include developed technology, customer relationships, and significant goodwill that supports greater production efficiencies. |
Payapps Limited | 2024 | Autodesk completed its $387 million cash acquisition (with $381 million as purchase consideration and $6 million recorded as prepaid expenses) of Payapps Limited on February 20, 2024, to deepen its Construction Cloud offering by automating construction-related payment processes and enhancing transparency and speed-to-payment. |
Cloud-connected extended reality (XR) platform | 2023 | In fiscal 2023, Autodesk acquired a cloud-connected XR platform to support its digital transformation in the AEC sector by enabling immersive, interactive AR/VR experiences for project collaboration and review, addressing increased demand for immersive technologies. |
Multiple Business Combinations (Aggregate) | 2023 | Autodesk executed a series of business combinations in fiscal 2023 involving a mix of cash consideration and restricted stock awards (with a total of $114 million consideration), acquiring developed technologies, customer relationships, and recording $85 million in goodwill, with terms including stock vesting conditions and deferred revenue adjustments to capture expected synergies. |
Multiple Business Combinations (Aggregate) | 2022 | In 2022, Autodesk completed multiple business combinations—including deals like Innovyze and Upchain—using a mix of cash and stock totaling up to $114 million, acquiring capabilities in developed technologies and customer relationships with significant goodwill where a portion was tax-deductible, all aimed at expanding its portfolio and market presence. |
Storm UK Holdco Limited (parent of Innovyze, Inc.) | 2021 | On March 31, 2021, Autodesk acquired Storm UK Holdco Limited, parent of Innovyze, Inc., for a total consideration of $1,040.9 million (primarily cash plus a minor stock component) to integrate advanced water infrastructure software and modeling solutions into its BIM offerings, with the purchase including developed technologies, customer relationships, and substantial goodwill subject to customary closing conditions. |
Recent press releases and 8-K filings for ADSK.
- Robust Q1 results: Autodesk delivered strong performance with 15% revenue growth (16% constant currency), improved non-GAAP margins, and a free cash flow of $556 million, reflecting a solid quarter amid macro challenges.
- Operational and capital efficiency: The company executed restructuring and optimized its sales and marketing efforts, including a share buyback of 1.3 million shares for $353 million, enhancing operational efficiency.
- Updated Guidance: Autodesk raised its guidance ranges for fiscal '26 to account for FX depreciation and increased macro uncertainty, with billings at $7.16–$7.31 billion, revenue at $6.925–$6.995 billion, and free cash flow at $2.1–$2.2 billion.
- Autodesk, Inc. filed an 8‑K on May 8, 2025 to announce its entry into a new credit agreement.
- The agreement provides a $1.5 billion unsecured revolving credit facility with an option to expand up to $2 billion for working capital and general corporate purposes.
- The facility features flexible borrowing terms, including interest options based on the Base Rate or Term SOFR, and is set to terminate on May 8, 2030.
- Autodesk delivered FY 2025 revenue of $6.1 billion, showing a 16% annual growth since FY 2019 and a 12% year-over-year increase, with markedly improved operating margins.
- The company reported significant free cash flow growth from $1.3 billion in FY 2024 to $1.6 billion in FY 2025 and raised its FY 2026 free cash flow target to between $2.075 billion and $2.175 billion.
- Increased share repurchase commitments were announced, with plans to buy back $1.1 billion–$1.2 billion of stock in FY 2026, complemented by proactive board strengthening through independent director appointments.
- Autodesk addressed criticisms by Starboard Value regarding its nomination process, reaffirming its commitment to constructive shareholder engagement despite challenges posed by Starboard’s tactics.