Total Revenue [USD, Millions]

Cost of Goods Sold (COGS) [USD, Millions]

SG&A [USD, Millions]

R&D [USD, Millions]

D&A [USD, Millions]

Interest Expense [USD, Millions]

Operating Income (EBIT) [USD, Millions]

Net Income [USD, Millions]

EPS - Basic [USD]

EPS - Diluted [USD]

725791239e1d33697dc3cd38fdb12a31968a7d7cf01deb0a8836a76b50cdfb73

233a71354768c56f253e3e5788adf63b41b5e6eecc72225f77ea16dfa22890a6

RPO (USD millions)

Current RPO (USD millions)

Non-current RPO (USD millions)

cb1c65ee9f788735c208bd32843fce22523802408198c0063b1cff13f044a149

The higher Goodwill in Q1 2025 was primarily due to significant acquisition activity. Autodesk reported that business combinations (acquisitions) directly increased Goodwill by about **$480 million** during the quarter, which is also supported by the **$637 million net cash used for business combinations** in its investing activities, indicating that these acquisitions were the major driver behind the elevated Goodwill level.  **[0000769397-24-000091_adsk-20240430.htm:3]** **[0000769397-24-000095_q125pressrelease.htm:9]** 

Why was Goodwill so high in Q1 2025?

The jump in intangible assets in Q1 2025 was primarily driven by **significant acquisitions made during the quarter**, which added considerable value through increased customer relationships and developed technologies. These acquisitions increased the gross carrying amounts substantially, and despite ongoing amortization and the impact of foreign currency translation adjustments, the overall net value surged due to these additions.  **[0000769397-24-000091_adsk-20240430.htm:17]** 

What drove the jump in Intangible assets in Q1 2025?

The documents do not provide a detailed explanation for the drop in **Long-term notes payable, net** in Q2 2025. They indicate that the balance decreased from **$2,284 million** in Q4 2024 to **$1,986 million** in Q2 2025 but do not elaborate on the specific factors behind this change.  **[0000769397-24-000150_adsk-20240731.htm:3]** **[0000769397-24-000147_q225pressrelease.htm:9]** 

Why did Long-term notes payable drop in Q2 2025?

The sharp drop in Accounts Receivable in Q1 2025 was primarily due to the collection of a significant amount of outstanding receivables during the quarter. The cash flow statement reflected a **positive impact of $526 million** from changes in accounts receivable, which substantially reduced the reported balance from **$876 million** to **$353 million** during the period.  **[0000769397-24-000095_q125pressrelease.htm:9]** **[0000769397-24-000091_adsk-20240430.htm:3]** 

What caused the sharp drop in Accounts receivable in Q1 2025?

The decline in **cash and cash equivalents** in **Q3 2025** was primarily driven by significant cash outflows. Despite generating **$915 million** from operating activities, Autodesk experienced large cash uses in investing activities—especially **business combinations for $801 million** and spending on marketable securities—and in financing activities, including **$443 million** in stock repurchases and **$208 million** in tax payments related to equity settlements. Additionally, there was a modest negative effect from exchange rate changes, contributing to the overall reduction of **$455 million** in cash and cash equivalents.  **[0000769397-24-000175_q325pressrelease.htm:10]** 

Why did Cash and cash equivalents decline in Q3 2025?

daa69641621512c6d93dbcad413b300dbf55bcaa64e20c94d0ce0bca2b8771eb

The positive shift in Q4 2024 occurred because of an **increase in interest income** driven by higher interest rates and due to **gains on investments**—specifically, gains on debt and equity securities held in a rabbi trust—replacing prior period losses, although partially offset by increased losses on strategic investment equity securities.  **[0000769397-24-000090_adsk-20240131.htm:78]** 

Why did interest and other income turn positive in Q4 2024?

The **spike** in developed technologies amortization in Q3 2025 was driven by the **amortization of acquired developed technologies** related to fiscal 2025 acquisitions.  **[0000769397-24-000181_adsk-20241031.htm:50]** 

What drove the spike in developed technologies amortization in Q3 2025?

In Q4 2024, **Other Revenue** increased by **17%** (from **$23 million** to **$27 million**), which is primarily attributed to growth in areas such as **consulting**, **training**, and other services delivered. However, the documents do not provide specific factors beyond noting that these areas typically contribute to this revenue category.  **[0000769397-24-000019_q424pressrelease.htm:1]** **[0000769397-24-000090_adsk-20240131.htm:72]** 

What factors boosted Other Revenue in Q4 2024?

The **maintenance revenue declined in Q3 2025** because there was a **25% reduction** compared to Q3 2024. This decline was mainly due to a **reduction in renewal fees** for existing maintenance plan agreements, which had initially been purchased with a **perpetual software license**.  **[0000769397-24-000181_adsk-20241031.htm:45]** 

Why did Maintenance Revenue decline in Q3 2025?

Based on the available documents, there is no explanation attributing a drop in Operating Income in Q4 2024. In fact, one document explains that Operating Income in Q4 2024 increased by **$139 million** compared to the same quarter in the prior fiscal year, driven by factors such as **strong revenue growth**, **cost management**, **stock-based compensation reduction**, and **RPO growth**.  **[0000769397-24-000019_q424pressrelease.htm:0]** **[ADSK_3375987_2]**  Additionally, the quarter‐to‐quarter figures show **$334 million** in Q3 2024 and **$315 million** in Q4 2024, but none of the documents provide explanations for this slight sequential decrease. Therefore, there is no definitive document-based evidence for a drop in Operating Income in Q4 2024.

What contributed to the drop in Operating Income in Q4 2024?

dead7fc042d364f682005e704c9499693a696b9843ea7f20722c8eab04631f66

Adjustments for Non-Cash Items

Stock-Based Compensation

Changes in Working Capital

Capital Expenditures (CapEx)

Proceeds from / Repayments of Debt

Share Repurchases

Dividend Payments

Net Change in Cash

e31c0c2e387f904141f3e9f515517221a5725d5ce1c5584a9885e4c76cbaa82d

Net Revenue - Subscription (USD, millions)

Net Revenue - Maintenance (USD, millions)

Net Revenue - Total subscription and maintenance revenue (USD, millions)

Net Revenue - Other (USD, millions)

Net Revenue - Total net revenue (USD, millions)

Cost of Revenue - Cost of subscription and maintenance revenue (USD, millions)

Cost of Revenue - Cost of other revenue (USD, millions)

Cost of Revenue - Amortization of developed technologies (USD, millions)

Cost of Revenue - Total cost of revenue (USD, millions)

Gross Profit (USD, millions)

Operating Expenses - Marketing and sales (USD, millions)

Operating Expenses - Research and development (USD, millions)

Operating Expenses - General and administrative (USD, millions)

Operating Expenses - Amortization of purchased intangibles (USD, millions)

Operating Expenses - Total operating expenses (USD, millions)

Income from Operations (USD, millions)

Interest and other income (expense), net (USD, millions)

Income before income taxes (USD, millions)

Provision for income taxes (USD, millions)

Net Income (USD, millions)

Basic net income per share (USD)

Diluted net income per share (USD)

Weighted average shares used in computing basic net income per share (Millions of shares)

Weighted average shares used in computing diluted net income per share (Millions of shares)

9df6450dbae651a3bbd5e79c3b35bfa020bfc9be48f1926345cd91af3b820b5f

Net income (USD, millions)

Depreciation, amortization and accretion (USD, millions)

Stock-based compensation expense (USD, millions)

Amortization of costs to obtain a contract with a customer (USD, millions)

Other operating activities (USD, millions)

Net cash provided by operating activities (USD, millions)

Purchases of marketable securities (USD, millions)

Sales and maturities of marketable securities (USD, millions)

Capital expenditures (USD, millions)

Purchases of intangible assets (USD, millions)

Business combinations, net of cash acquired (USD, millions)

Other investing activities (USD, millions)

Net cash used in investing activities (USD, millions)

Proceeds from issuance of common stock, net of issuance costs (USD, millions)

Taxes paid related to net share settlement of equity awards (USD, millions)

Repurchases of common stock (USD, millions)

Other financing activities (USD, millions)

Net cash used in financing activities (USD, millions)

Effect of exchange rate changes on cash and cash equivalents (USD, millions)

Net (decrease) increase in cash and cash equivalents (USD, millions)

Fair value of common stock issued to settle liability-classified restricted common stock (USD, millions)

Deferred income taxes (USD, millions)

Cash and cash equivalents at beginning of period (USD, millions)

Cash and cash equivalents at end of period (USD, millions)

3359552438f37ffe166652037f791f8f3f96b1d3f5ae2af37a484b3a3cfb2e00

6b3a381075da8fd12a2d8f30f0a855c5b8baece73e5ce5d6b482db200e10f964

Americas

- U.S.

- Other Americas

EMEA

APAC

- Japan

- Other Asia Pacific

Emerging Economies

Total Revenue

24f516bbdc31eba155454800ce34eb8b0d3000a379308bf99197cb54b6e3843b

ed4332ddb645276289f6f25037361a0e35410f081337bfda8cfe4913cbb16925

Autodesk Inc (ADSK)

Financials