Autodesk, Inc. SEC 10-Q Report

Autodesk, Inc., a leader in software solutions for architecture, engineering, construction, manufacturing, and media industries, has released its Form 10-Q report for the quarter ended July 31, 2025. The report highlights significant growth in both financial and operational metrics, driven by increased subscription revenue and strategic business initiatives.

Financial Highlights

• Total Net Revenue: $1,763 million, reflecting a growth from $1,505 million in the same period last year, driven by increased subscription revenue.
• Gross Profit: $1,604 million, up from $1,365 million in the prior year, indicating improved cost management and higher revenue.
• Income from Operations: $444 million, compared to $343 million in the previous year, showcasing enhanced operational efficiency.
• Net Income: $313 million, an increase from $282 million, highlighting effective cost control and revenue growth.
• Basic Net Income Per Share: $1.47, up from $1.31, reflecting the company's improved profitability.
• Diluted Net Income Per Share: $1.46, compared to $1.30 in the prior year, indicating stronger earnings performance.

Business Highlights

• Revenue Segments: Autodesk's net revenue is broken down by product family, with Architecture, Engineering, Construction and Operations generating $878 million, AutoCAD and AutoCAD LT contributing $440 million, Manufacturing bringing in $334 million, and Media and Entertainment accounting for $80 million for the three months ended July 31, 2025.
• Geographical Performance: The Americas region, including the U.S. and other Americas, generated $786 million in net revenue, while Europe, Middle East, and Africa contributed $675 million, and Asia Pacific added $302 million for the three months ended July 31, 2025.
• Sales Channels: Direct sales channels have seen significant growth, with $1,087 million in net revenue compared to $676 million from indirect channels for the three months ended July 31, 2025.
• New Product Launches: Autodesk has launched new capabilities in Autodesk Forma, focusing on early-stage planning and design with AI-powered insights, and acquired Payapps Limited to enhance its construction-related payment management offerings.
• Platform Capabilities: Autodesk is focusing on building a trusted, outcome-focused platform for critical customer workflows, emphasizing shared capabilities like Autodesk AI to enhance customer workloads through augmentation, automation, and analysis.
• Future Outlook: Autodesk anticipates continued growth in customer adoption of its cloud offerings and expects the transition to annual billings for multi-year contracts to impact billing and cash collection timing. The company is also focusing on expanding its direct sales channels and enhancing its platform capabilities to drive digital transformation across industries.

SEC Filing: Autodesk, Inc. [ ADSK ] - 10-Q - Sep. 02, 2025