8-KEarnings & ResultsRegulation FDExhibits & Filings

Autodesk, Inc. 8-K Report, Financial Results (Aug 28, 2025)

Filed August 28, 2025For Securities:ADSK

Summary

Autodesk, Inc. (ADSK) has filed an 8-K report on August 28, 2025, to furnish a press release detailing its financial results for the second fiscal quarter ended July 31, 2025. The filing emphasizes key performance metrics such as billings, recurring revenue, and Net Revenue Retention Rate (NR3), which the company utilizes to assess the health and long-term trajectory of its subscription-based business model. These metrics are presented as supplementary to GAAP financial measures and are intended to offer a clearer view of operational performance. The report also highlights the use of non-GAAP financial measures, including non-GAAP net earnings and diluted earnings per share. Autodesk explains that these measures exclude items like stock-based compensation, amortization of intangibles, restructuring costs, acquisition-related expenses, and gains/losses on strategic investments, as well as certain tax adjustments. The company believes these non-GAAP figures provide valuable insights for investors by reflecting the core business's earning potential and facilitating comparisons across periods and with peers, while acknowledging the importance of reviewing GAAP figures and the provided reconciliations for a complete financial picture.

Key Highlights

  • 1Autodesk reported its second fiscal quarter financial results for the period ending July 31, 2025, via an 8-K filing.
  • 2The company emphasizes key performance metrics: billings, recurring revenue, and Net Revenue Retention Rate (NR3) to gauge business health.
  • 3These metrics are presented as supplementary to GAAP financial statements and are not to be combined with revenue or deferred revenue.
  • 4Autodesk utilizes non-GAAP financial measures, such as non-GAAP net earnings and EPS, to provide supplemental insights into operational performance.
  • 5Excluded items from non-GAAP measures include stock-based compensation, amortization of intangibles, restructuring costs, acquisition costs, and investment gains/losses.
  • 6The company provides reconciliations between GAAP and non-GAAP measures, urging investors to consider both for a comprehensive understanding.
  • 7Supplemental investor materials were posted on the company's investor relations website, a channel used for disclosing material information.

Frequently Asked Questions

Autodesk highlighted billings, recurring revenue, and Net Revenue Retention Rate (NR3) as key performance indicators to monitor the strength and long-term health of its recurring business model. These metrics are considered supplementary to GAAP financial results.

Autodesk uses non-GAAP financial measures to provide a more transparent view of its core business operations and earning potential. These measures exclude certain items that management believes are not indicative of ongoing results, such as stock-based compensation, amortization of intangibles, and restructuring costs, facilitating better period-over-period comparisons and peer analysis.

Investors can find detailed financial information, including reconciliations of non-GAAP measures to their closest GAAP equivalents, in the press release furnished as Exhibit 99.1 to this 8-K filing. Autodesk also uses its investor relations website (investors.autodesk.com) to post supplemental materials and announce key information.

Billings is a key performance metric for Autodesk that represents the total amount invoiced to customers for subscriptions and other services during a given period. It is a forward-looking indicator of revenue and is viewed by the company and investors as a measure of sales momentum and the health of its recurring revenue streams.