ADSK SEC Filings

Autodesk, Inc. has announced a significant restructuring plan, marking the final phase of its sales and marketing optimization. This plan involves a workforce reduction of approximately 7%, impacting about 1,000 employees, with a notable focus on customer-facing sales roles. The company expects to incur pre-tax restructuring charges between $135 million and $160 million, primarily for employee termination benefits, with the majority of these costs to be cash expenditures in fiscal year 2027. A portion of these charges, estimated between $90 million and $110 million, will be recognized in the fourth quarter of fiscal year 2026, with the remainder spread across fiscal year 2027. This restructuring is intended to drive further efficiencies and reallocate resources towards Autodesk's strategic priorities. In parallel, Autodesk anticipates its fourth quarter fiscal year 2026 financial performance, including billings, revenue, and non-GAAP earnings per share, to exceed previous guidance. The company explicitly states its intention to exclude the restructuring charges from its non-GAAP financial measures, providing investors with a clearer view of ongoing operational performance. The Plan's completion is projected by the end of fiscal year 2027, subject to regulatory and consultation requirements.

Autodesk, Inc. (ADSK) reported robust financial performance for the third quarter and the first nine months of fiscal year 2025, demonstrating significant growth in net revenue, driven primarily by its subscription offerings. Total net revenue increased by 18% year-over-year for the quarter and 17% for the nine-month period, reaching $1.85 billion and $5.25 billion, respectively. The company maintained a high percentage of recurring revenue at 97%, underscoring the stability and predictability of its business model. Profitability also saw substantial improvement, with income from operations increasing by 36% for the quarter and 16% for the nine-month period. Diluted earnings per share grew significantly, reflecting strong operational execution. Key financial indicators such as Remaining Performance Obligations (RPO) saw a healthy increase, indicating strong future revenue potential. The company also continued its commitment to returning value to shareholders through substantial share repurchases. Despite a dynamic economic environment, Autodesk's strategic focus on cloud, platform, and AI investments appears to be yielding positive financial results, positioning the company for continued growth.

Autodesk, Inc. (ADSK) has filed an 8-K report on November 25, 2025, announcing its financial results for the third fiscal quarter ended October 31, 2025. The report primarily includes a press release detailing these results and providing insights into the company's performance metrics and financial reporting methodologies. Autodesk emphasizes its use of key performance indicators such as billings, recurring revenue, and net revenue retention rate (NR3) to monitor business strength and long-term health, alongside traditional GAAP measures. The company also elaborates on its use of non-GAAP financial measures, including non-GAAP net earnings and diluted earnings per share. These measures are presented to offer a clearer view of core business operations by excluding items like stock-based compensation, amortization of intangibles, restructuring costs, acquisition-related expenses, and gains/losses on strategic investments. Autodesk highlights that these non-GAAP figures are intended to supplement, not replace, GAAP reporting and are used internally for decision-making and by institutional investors for analysis. Investors are encouraged to review the reconciliations between GAAP and non-GAAP measures provided in the accompanying press release.

Autodesk, Inc. reported strong financial results for the three and six months ended July 31, 2025. Total net revenue increased by 17% and 16% respectively, driven primarily by subscription revenue growth. The company continues its successful transition to a subscription-based model, with recurring revenue making up 98% and 97% of total net revenue for the respective periods. Profitability also saw improvement, with income from operations increasing significantly year-over-year, reflecting effective cost management and increased revenue. Key financial highlights include robust revenue growth across product families, particularly in Architecture, Engineering, Construction and Operations (AECO). The company also reported a healthy net revenue retention rate above 110% on a constant currency basis. Autodesk strengthened its financial position with a substantial increase in cash provided by operating activities and maintained a strong liquidity position. The company also announced the successful closure of SEC and USAO investigations, providing regulatory clarity. Shareholder returns were supported by ongoing stock repurchase programs.

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.

Autodesk, Inc. (ADSK) filed an 8-K on July 14, 2025, providing a business update focused on the company's strategic priorities and confidence in driving long-term shareholder value. The update reiterates a commitment to executing plans centered around cloud, platform, and artificial intelligence (AI) advancements. Autodesk also highlighted its ongoing efforts to optimize sales and marketing operations to enhance profit margins, alongside a disciplined capital allocation strategy. This includes prioritizing organic investments, pursuing strategic tuck-in acquisitions, and continuing its share repurchase program as free cash flow growth permits. While the filing does not introduce specific new financial figures, it serves to reinforce management's strategic direction and optimism. Investors should note that the company explicitly states this information is for disclosure purposes and not deemed 'filed' under Section 18 of the Exchange Act, meaning it carries no direct liability under that specific section. The filing also includes a comprehensive safe harbor statement detailing numerous risks and uncertainties that could impact future results, ranging from product adoption and global economic conditions to geopolitical tensions and technological changes, including those related to AI and its new transaction model.

Autodesk, Inc. (ADSK) filed an 8-K on June 19, 2025, detailing key updates from its Annual Meeting of Stockholders held on June 18, 2025. The most significant disclosures include the formal appointment of Jeff Epstein and A. Christine Simons to the Audit Committee of the Board of Directors, both of whom have been designated as "audit committee financial experts." This strengthens the oversight capabilities of the Audit Committee, a crucial function for investor confidence. Furthermore, Autodesk's stockholders overwhelmingly approved the amendment and restatement of the 2022 Equity Incentive Plan. This plan is a critical component of the company's executive and employee compensation strategy, influencing talent retention and long-term performance. Investors should note that the details of this amended plan were previously outlined in the company's proxy statement filed on May 6, 2025. The filing also confirms the election of ten directors to the Board, all of whom received substantial shareholder support.

Autodesk, Inc. (ADSK) announced on June 5, 2025, the successful completion of a public offering and sale of $500 million in aggregate principal amount of 5.300% Notes due 2035. The net proceeds from this offering are intended for general corporate purposes, which may include the repayment of existing indebtedness. This debt issuance is structured under an underwriting agreement with Citigroup Global Markets Inc., BofA Securities, Inc., and J.P. Morgan Securities LLC, acting as representatives for the underwriters. The issuance of these notes, governed by an indenture, introduces specific terms related to interest payments, potential repurchase obligations upon a change in control coupled with a credit rating downgrade, and redemption options for Autodesk. The indenture also includes customary covenants that place certain restrictions on Autodesk and its subsidiaries regarding the incurrence of liens, sale and lease-back transactions, and significant asset dispositions. Investors should note the defined events of default, which could lead to accelerated repayment of the principal amount.

Autodesk, Inc. reported its first-quarter fiscal year 2026 results, showing a 15% increase in total net revenue to $1.63 billion, driven primarily by subscription growth. While gross profit rose, income from operations saw a decrease due to a significant increase in operating expenses, notably a substantial rise in restructuring costs. The company generated strong operating cash flow of $564 million. Autodesk also highlighted a net revenue retention rate (NR3) slightly above 110% on a constant currency basis, indicating healthy customer retention and expansion. Despite revenue growth, net income and diluted EPS declined year-over-year, largely impacted by higher operating expenses, including substantial restructuring charges of $105 million recognized in the current quarter. The company's balance sheet remains solid with $2.30 billion in cash, cash equivalents, and marketable securities. Management pointed to continued investments in cloud, platform, and AI as strategic priorities, while also noting the transition to a new transaction model and annual billings, which impact billing and cash collection timing. Investors should monitor the impact of ongoing restructuring and investments in strategic growth areas.

Autodesk, Inc. (ADSK) filed an 8-K on May 22, 2025, to report its first fiscal quarter ended April 30, 2025, results. The filing primarily consists of a press release containing financial results and supplemental information regarding key performance metrics and non-GAAP financial measures. Investors should note the departure of Senior Vice President and Chief Accounting Officer Stephen W. Hope, with CFO Janesh Moorjani assuming the principal accounting officer role temporarily. The company also highlighted its use of metrics such as billings, recurring revenue, and Net Revenue Retention Rate (NR3) for internal monitoring and investor clarity on business health.

Autodesk, Inc. (ADSK) has filed an 8-K report detailing the entry into a new $1.5 billion unsecured revolving credit facility, effective May 8, 2025. This new facility replaces their previous credit agreement and provides a significant source of liquidity for general corporate purposes and working capital. The agreement allows for potential increases up to $2.0 billion, demonstrating financial flexibility. The credit facility has a termination date of May 8, 2030, with options for extension, and its terms include interest rates based on the Base Rate or Term SOFR plus a margin, and quarterly facility fees. This move signals Autodesk's proactive approach to managing its liquidity and capital structure.

Autodesk, Inc. (ADSK) has entered into a cooperation agreement with Starboard Value and Opportunity Master Fund Ltd, a significant shareholder. This agreement, dated April 23, 2025, resolves recent activist investor engagement and aims to bring stability to the board composition. Key terms include the immediate appointment of two new directors, Jeff Epstein and Anna Christine Simons, to the board, effective after the 2025 Annual Meeting on June 18, 2025. Starboard has agreed to withdraw its director nominations and support the company's slate of nominees and board recommendations for the upcoming annual meeting. The agreement also includes customary standstill provisions for Starboard and expense reimbursement for the activist investor.

Autodesk, Inc. (ADSK) filed an 8-K on April 2, 2025, to announce a change in its Board of Directors. Specifically, Elizabeth “Betsy” Rafael has informed the Board of her intention not to stand for re-election at the upcoming 2025 Annual Meeting of Stockholders. This filing is primarily informational, detailing Ms. Rafael's decision to retire from the Board. While this is a change in governance, the filing does not indicate any immediate financial impact or operational disruption. Investors should note this transition as part of the regular board refreshment process and monitor future filings for any related appointments or strategic shifts stemming from this board change.

Autodesk, Inc. (ADSK) for the fiscal year ending January 30, 2025, demonstrates robust revenue growth, with total net revenue increasing by 12% to $6.13 billion, driven primarily by a 12% rise in subscription revenue. The company continues its strategic shift towards recurring revenue, with subscriptions representing a significant portion of its income. Remaining Performance Obligations (RPO) saw a healthy 14% increase year-over-year, indicating strong future revenue potential. Autodesk's commitment to its business model transformation is evident in the ongoing transition to a new transaction model, aiming for more direct customer relationships and enhanced data insights. Recent acquisitions in fiscal 2025, including Payapps Limited, Aether Media, Inc., and the PIX business, aim to bolster its Construction Cloud offerings and artificial intelligence capabilities, respectively, reflecting a strategic focus on enhancing its product portfolio and market position. Despite the positive revenue trend and strategic progress, investors should be aware of ongoing legal proceedings, including investigations into the company's free cash flow and non-GAAP operating margin practices, which have led to securities class action lawsuits. While the company states these matters are not expected to have a material adverse impact, they represent a source of potential future uncertainty and expense. The company's continued investment in R&D, particularly in cloud, platform, and AI technologies, positions it for future growth, though it also carries the inherent risks of rapid technological evolution and market adoption.

Autodesk, Inc. (ADSK) filed an 8-K on February 27, 2025, announcing a significant restructuring plan (the "2026 Plan") effective immediately. This plan involves a reduction of approximately 9% of its global workforce, impacting around 1,350 employees. The company expects to incur pre-tax restructuring charges ranging from $135 million to $150 million, with a substantial portion being cash expenditures. The restructuring is slated for completion by the end of fiscal year 2026 and is aimed at optimizing the go-to-market organization while reallocating resources towards strategic priorities such as cloud, platform, and artificial intelligence investments. In addition to the restructuring, the filing also notes the retirement of a director, Mary T. McDowell, who will not stand for re-election at the upcoming annual meeting. Autodesk also reiterated its use of non-GAAP financial measures and key performance indicators like billings and recurring revenue to provide investors with a clearer view of the company's long-term business health, emphasizing that these metrics should be considered alongside GAAP results and are not replacements for them.

Autodesk, Inc. (ADSK) filed an 8-K on January 20, 2025, primarily announcing two key updates. Firstly, John T. Cahill, who was previously appointed to the Board of Directors in December 2024, has now been appointed to the Audit Committee, effective January 18, 2025. The Board has also determined that Mr. Cahill qualifies as an "audit committee financial expert," which is a positive indication of enhanced financial oversight and governance expertise on the committee responsible for financial reporting and internal controls. Secondly, the company has set the date for its 2025 Annual Meeting of Stockholders for June 18, 2025. This date's proximity to prior year anniversaries has necessitated adjustments to the deadlines for stockholders wishing to submit proposals or nominate directors. Investors should note the revised submission windows for proxy access director nominees and other business items, with specific dates provided for proposals intended for inclusion in the proxy materials and those for other business or non-proxy access nominations.

Autodesk, Inc. (ADSK) has announced significant changes to its Board of Directors. The company has expanded its Board by two members, appointing John T. Cahill and Ram Krishnan. These appointments are effective immediately and are intended to fill newly created vacancies. Both Mr. Cahill and Mr. Krishnan are being compensated as non-employee directors according to the company's standard policy, including Restricted Stock Unit awards. Furthermore, the filing notes the upcoming retirement of Director Lorrie Norrington, who will not seek re-election at the 2025 Annual Meeting of Stockholders. In a separate development, Elizabeth Rafael will transition from her current role to an Advisor position, assisting with the Chief Financial Officer's onboarding process through April 30, 2025. Ms. Rafael will continue to serve on the Board during this period. These changes suggest a strategic refreshment of the Board and a planned transition in key personnel.

Autodesk, Inc. reported solid financial results for the third quarter and first nine months of fiscal year 2024, ending October 31, 2024. Total net revenue saw a healthy increase of 11% for the quarter and 12% for the nine-month period, driven primarily by strong growth in subscription revenue, which constituted 97% of total revenue. This indicates the successful ongoing transition to a subscription-based business model. The company's operational performance remained robust, with income from operations showing an increase for both periods, reflecting effective cost management alongside revenue growth. Autodesk also demonstrated strong operational cash flow generation, up 4% for the nine-month period. While the company faces ongoing legal scrutiny regarding its free cash flow and non-GAAP operating margin practices, with related class-action lawsuits filed, management expresses confidence in the underlying business performance and its ability to navigate these challenges.

Autodesk, Inc. (ADSK) has filed an 8-K report detailing financial results for the third fiscal quarter ended October 31, 2024, and announcing a new Chief Financial Officer. The report emphasizes the company's use of key performance metrics such as billings, recurring revenue, and net revenue retention rate (NR3) to provide insight into the health of its recurring business, which are presented alongside GAAP results. Autodesk also clarifies its use of non-GAAP financial measures, outlining specific exclusions like stock-based compensation, amortization of intangibles, CEO transition costs, and other one-time charges to offer a view of core business operations. In addition to financial reporting, the filing announces the appointment of Janesh Moorjani as the new Chief Financial Officer, effective December 16, 2024. Mr. Moorjani, formerly CFO and COO of Elastic NV, brings significant financial and operational experience from previous roles at major tech companies. His compensation package includes a base salary, incentive plan eligibility, a substantial one-time bonus, and significant equity grants in restricted and performance stock units, reflecting the company's investment in experienced leadership. The company also highlighted that supplemental investor materials are available on its investor relations website.

Autodesk, Inc. (ADSK) reported strong financial results for the second quarter of fiscal year 2025, ending July 31, 2024. Total net revenue grew 12% year-over-year to $1.51 billion, driven primarily by an 11% increase in subscription revenue. This growth reflects the continued success of Autodesk's transition to a subscription-based model and the expansion of its cloud offerings. The company demonstrated solid profitability, with income from operations increasing to $343 million and diluted net income per share rising to $1.30. While deferred revenue saw a slight decrease quarter-over-quarter, remaining performance obligations (RPO) remained substantial at $5.86 billion, indicating a healthy pipeline of future recognized revenue. The company also continued its capital return program, repurchasing shares during the quarter. Investors will be keen to monitor the ongoing internal investigation into free cash flow and non-GAAP operating margin practices, though the company stated it cannot reasonably estimate the financial impact at this time.

Autodesk, Inc. (ADSK) filed an 8-K on August 29, 2024, to report its financial results for the second fiscal quarter ended July 31, 2024. The filing primarily serves as a notification that the company issued a press release containing these results. While the 8-K itself does not contain detailed financial figures, it incorporates the press release by reference, which is where investors will find the specific operational and financial performance data. The company emphasizes its use of key performance metrics such as billings, recurring revenue, and net revenue retention rate (NR3) to monitor business strength and long-term health. Additionally, Autodesk utilizes non-GAAP financial measures, excluding items like stock-based compensation, amortization, CEO transition costs, and acquisition-related expenses, to provide a clearer view of core business operations and comparability across periods and with peers. Investors are encouraged to review these non-GAAP measures alongside GAAP financials and a reconciliation provided in the press release.

Autodesk, Inc. (ADSK) filed an 8-K on July 17, 2024, detailing key corporate governance updates following its Annual Meeting of Stockholders held on July 16, 2024. The most significant development is the approval and filing of an Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws. These changes, effective July 16, 2024, permit stockholders holding 25% or more of the company's voting power to call special meetings, a notable shift in corporate governance that enhances shareholder rights. Additionally, the filing reports the election of eleven individuals to the Board of Directors, all of whom were approved by a substantial majority of votes. The company also secured stockholder approval for the ratification of Ernst & Young LLP as its independent registered public accounting firm for fiscal year 2025 and for the non-binding advisory vote on executive compensation. The outcome of the stockholder proposal to enable shareholders holding 15% of common stock to call special meetings was also disclosed, indicating a majority voted against it. These events reflect the company's ongoing efforts to align its governance structures with shareholder interests.

Autodesk, Inc. (ADSK) has filed an 8-K report on June 11, 2024, to furnish its earnings press release for the first fiscal quarter ended April 30, 2024. The filing primarily serves to inform investors about the company's financial results and key performance metrics. Autodesk highlights the use of metrics such as billings, recurring revenue, and Net Revenue Retention Rate (NR3) to provide insight into the strength and long-term health of its recurring business model. These metrics are presented alongside GAAP financials and are intended to offer a more comprehensive view for investors. The report also elaborates on Autodesk's use of non-GAAP financial measures, explaining the rationale behind excluding certain items like stock-based compensation, amortization of intangibles, CEO transition costs, goodwill impairment, restructuring costs, lease-related charges, acquisition costs, and gains/losses on strategic investments. The company emphasizes that these non-GAAP measures are used internally for operational decision-making and are provided to offer greater transparency to investors, enabling better comparison across periods and with industry peers. Investors are urged to review the full reconciliation of GAAP to non-GAAP measures provided in the furnished press release.

Autodesk, Inc. (ADSK) has filed its Annual Report on Form 10-K for the fiscal year ending January 31, 2024. The company, a global leader in 3D design, engineering, and entertainment technology, reported total net revenue of $5.50 billion, an increase of 10% year-over-year, with recurring revenue comprising 98% of the total. This growth was primarily driven by an increase in subscription revenue. The company continues its strategic transition to a subscription-based business model, including the modernization of its go-to-market strategy and the introduction of new transaction models. Key product families like Architecture, Engineering, and Construction (AEC) and Manufacturing (MFG) showed strong revenue growth. Autodesk also highlighted its commitment to Environmental, Social, and Governance (ESG) initiatives, including progress on greenhouse gas reduction targets. The report also details significant legal proceedings, including an ongoing internal investigation regarding free cash flow and non-GAAP operating margin practices, which has led to SEC and USAO inquiries and a securities class action lawsuit. While the company is cooperating with these investigations, the potential financial impact remains uncertain. Autodesk repurchased approximately $795 million of its common stock in fiscal year 2024, continuing its practice of returning capital to stockholders.

Autodesk, Inc. reported solid financial results for the three months ended April 30, 2024, with total net revenue increasing by 12% year-over-year to $1.42 billion. This growth was primarily driven by an 11% rise in subscription revenue, highlighting the company's successful transition to a subscription-based model. Gross profit also saw a significant increase of 12%, reaching $1.28 billion. Net income rose substantially to $252 million, or $1.16 per diluted share, compared to $161 million, or $0.75 per diluted share, in the prior year's comparable period. Operationally, the company continues to focus on its strategic priorities, including building its design and make platform and accelerating the adoption of key products like Fusion, Forma, and Flow. Investments in cloud offerings and the integration of recent acquisitions, such as Payapps and PIX, are expected to enhance Autodesk's construction and media & entertainment capabilities. Despite a slight decrease in deferred revenue and remaining performance obligations compared to the previous quarter, the overall financial health remains strong, supported by a healthy recurring revenue percentage of 97% and a positive outlook for continued growth. Investors should note the ongoing internal investigation into free cash flow and non-GAAP operating margin practices, which has led to a securities class action lawsuit, though the company is cooperating with authorities.

Autodesk, Inc. filed an 8-K on June 3, 2024, primarily to furnish a press release detailing preliminary financial results for the first quarter ended April 30, 2024. The filing also announced significant executive leadership changes, including the transition of Deborah Clifford from CFO to Chief Strategy Officer and the appointment of Elizabeth Rafael as Interim CFO. Ms. Rafael, a seasoned executive with extensive financial and board experience, will receive a competitive compensation package including a salary and restricted stock units.

Autodesk, Inc. (ADSK) has filed an 8-K report disclosing that it received a notice from Nasdaq on April 19, 2024, regarding its non-compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Annual Report on Form 10-K for the fiscal year ended January 31, 2024. The delay is attributed to an ongoing internal investigation, the subject of which remains the same as previously disclosed and is not believed to affect previously issued financial statements or the company's February 29, 2024 earnings release. The notice from Nasdaq does not have an immediate impact on the trading of ADSK's common stock. The company has 60 days from the notice date to submit a plan of compliance to Nasdaq and may be granted up to 180 days from the original Form 10-K due date (October 14, 2024) to regain compliance. Autodesk intends to regain compliance as soon as practicable.

Autodesk, Inc. (ADSK) filed an 8-K on February 29, 2024, reporting its fourth quarter and full fiscal year 2024 results. The report primarily furnishes a press release detailing financial performance and key operating metrics. Autodesk emphasizes its use of non-GAAP financial measures to provide a clearer view of core business operations and long-term health, excluding items such as stock-based compensation, amortization, CEO transition costs, and acquisition-related expenses. These non-GAAP measures are intended to supplement GAAP results and aid investors in comparing performance across periods and with industry peers. The company also highlights its key performance metrics, including billings, recurring revenue, net revenue retention rate (NR3), and subscriptions, which are crucial for understanding the strength and long-term health of its subscription-based business model. Investors are encouraged to review both GAAP and non-GAAP figures, as well as the provided reconciliations, to gain a comprehensive understanding of Autodesk's financial standing and operational performance.

Autodesk, Inc. (ADSK) reported solid financial results for the third quarter of fiscal year 2024, ending October 31, 2023. Net revenue saw a healthy increase of 10% year-over-year, reaching $1.41 billion, driven primarily by a 11% rise in subscription revenue. This growth underscores the company's successful transition to a subscription-based model, with recurring revenue making up 98% of total net revenue. Profitability also improved, with income from operations increasing by 30% to $334 million. Diluted net income per share rose to $1.12, a significant improvement from the prior year's $0.91. The company maintained a strong balance sheet, with cash, cash equivalents, and marketable securities totaling $2.17 billion, providing ample liquidity. While the company faces ongoing macroeconomic challenges and a shifting distribution landscape, the consistent revenue growth and improved profitability indicate resilience and effective strategic execution.

Autodesk, Inc. filed an 8-K on November 21, 2023, to furnish a press release detailing its financial results for the third fiscal quarter ended October 31, 2023. The report highlights the company's use of key performance metrics such as billings, recurring revenue, and net revenue retention rate (NR3) to monitor business strength. Autodesk also provides non-GAAP financial measures, explaining their purpose in offering greater transparency into management's decision-making and enabling better period-over-period comparisons. These non-GAAP measures exclude items like stock-based compensation, amortization, CEO transition costs, goodwill impairment, restructuring costs, lease-related charges, acquisition-related costs, and gains/losses on strategic investments to better reflect core business operations. Investors are encouraged to review these non-GAAP measures alongside GAAP results, as they are intended to supplement, not replace, GAAP reporting. The company also notes that supplemental investor materials were posted on its investor relations website, reinforcing the importance of monitoring this channel for material non-public information. The filing itself does not constitute a formal SEC filing for Section 18 purposes but serves to incorporate the press release's information by reference.

Autodesk, Inc. (ADSK) reported solid financial results for the second quarter of fiscal year 2024, with total net revenue increasing by 9% year-over-year to $1.345 billion. This growth was primarily driven by a strong performance in subscription revenue, which rose by 9% to $1.270 billion, underscoring the company's successful transition to a subscription-based model. Net income also saw a significant increase of 19% to $222 million, translating to diluted EPS of $1.03. The company demonstrated robust operational efficiency, with income from operations increasing by 8% to $262 million. Key financial strengths highlighted include consistent recurring revenue at 98% of net revenue, demonstrating customer stickiness and the recurring nature of Autodesk's business. Remaining Performance Obligations (RPO) stood at $5.22 billion, indicating a strong future revenue pipeline, with $3.51 billion expected to be recognized within the next 12 months. The company also maintained a healthy cash flow from operations, increasing by 24% to $858 million for the first six months of the year, and continued to return capital to shareholders through share repurchases totaling $621 million in the first six months. While the company faces macroeconomic headwinds and currency fluctuations, the consistent revenue growth, strong recurring revenue base, and solid cash generation provide a positive outlook.

Autodesk, Inc. (ADSK) filed an 8-K on August 23, 2023, primarily to furnish a press release detailing its second fiscal quarter 2023 financial results. The filing highlights Autodesk's use of key performance metrics like billings, recurring revenue, and Net Revenue Retention Rate (NR3) to assess the health of its subscription-based business model. These metrics, along with non-GAAP financial measures, are presented to provide investors with a clearer understanding of the company's core operating performance, complementing GAAP reporting. The company emphasizes the importance of these supplemental metrics for evaluating long-term business health and for making period-over-period comparisons. Autodesk also outlines the specific items it excludes from its non-GAAP reporting, such as stock-based compensation, amortization of acquired intangibles, CEO transition costs, and other non-recurring charges, to better reflect ongoing operational results. Investors are encouraged to review the detailed reconciliations between GAAP and non-GAAP measures provided in the furnished press release.

This 8-K filing from Autodesk, Inc. reports on the outcomes of its 2023 Annual Meeting of Stockholders held on June 21, 2023. The primary focus of the filing is the election of eleven individuals to the Board of Directors, all of whom were elected for the ensuing year. Additionally, the filing confirms the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2024. Investors can take comfort in the strong support shown for the Board's director nominees and the ratification of the auditor. The non-binding advisory votes on executive compensation and the frequency of such votes also passed with significant majority support. The company's decision to continue with an annual advisory vote on executive compensation was reaffirmed.

Autodesk, Inc. (ADSK) reported solid financial results for the first quarter of fiscal year 2024, ending April 30, 2023. The company demonstrated year-over-year revenue growth of 8%, reaching $1,269 million, driven primarily by a 10% increase in subscription revenue. This highlights the continued success of Autodesk's transition to a subscription-based model, with recurring revenue constituting 98% of total net revenue. While gross profit increased to $1,142 million, operating expenses also saw an increase, resulting in a slight dip in operating margin. However, strong operational cash flow generation of $723 million indicates robust business health. The company actively managed its capital through significant share repurchases totaling $534 million. Investors should note the slight decrease in deferred revenue and remaining performance obligations compared to the previous quarter, which warrants monitoring, though the company remains optimistic about future growth prospects in its key market segments.

Autodesk, Inc. (ADSK) filed an 8-K on May 25, 2023, to furnish a press release detailing its first fiscal quarter results for the period ending April 30, 2023. While the 8-K itself does not contain the specific financial figures, it directs investors to Exhibit 99.1, a press release that provides these details. The filing also reiterates Autodesk's focus on key performance metrics such as billings, recurring revenue, and Net Revenue Retention Rate (NR3), which are considered crucial for understanding the long-term health of its subscription-based business model. Autodesk emphasizes its use of non-GAAP financial measures, explaining that these are provided to offer investors additional insights into the company's core operating performance by excluding certain items like stock-based compensation, amortization, CEO transition costs, and acquisition-related expenses. Investors are encouraged to review these non-GAAP measures alongside GAAP results and consult the reconciliation provided in the furnished press release. The company also highlighted that supplemental investor materials are available on its investor relations website, which it uses for disclosing material non-public information and complying with Regulation FD. This 8-K serves as a notification of the release of its quarterly financial results and the accompanying explanatory materials.

Autodesk, Inc.'s 10-K filing for the fiscal year ended January 31, 2023, highlights a robust year characterized by continued revenue growth and a strong transition to a subscription-based business model. The company reported a 14% increase in total net revenue, reaching $5.01 billion, driven primarily by a 15% rise in subscription revenue. Recurring revenue represented a significant 98% of total net revenue, underscoring the company's successful shift to a predictable revenue stream. Key financial metrics such as deferred revenue and remaining performance obligations (RPO) showed healthy increases, up 21% and 19% respectively, indicating strong future revenue visibility. Autodesk also demonstrated solid cash flow generation, with operating cash flow increasing to $2.07 billion. The company continued its commitment to returning capital to shareholders through share repurchases totaling $1.08 billion and maintained a strong liquidity position with $2.17 billion in cash, cash equivalents, and marketable securities. Despite macroeconomic uncertainties and geopolitical risks, Autodesk's strategic focus on customer experience, digital transformation, and platform leadership positions it well for sustained growth.

Autodesk, Inc. (ADSK) filed an 8-K on February 23, 2023, to report its financial results for the fourth quarter ended January 31, 2023. The filing primarily furnished an earnings press release (Exhibit 99.1) which details the company's performance and outlook. Investors should note that Autodesk utilizes several key performance metrics, including billings, recurring revenue, net revenue retention rate (NR3), and subscriptions, to assess the health and long-term prospects of its recurring business. The company also provides non-GAAP financial measures, such as non-GAAP operating margin and diluted net income per share, which exclude items like stock-based compensation, amortization of intangibles, CEO transition costs, goodwill impairment, restructuring charges, lease-related impairments, acquisition costs, and gains/losses on strategic investments. Autodesk emphasizes that these non-GAAP measures are supplemental and should be considered alongside GAAP results, urging investors to review the provided reconciliations.

Autodesk, Inc. (ADSK) filed an 8-K on December 15, 2022, disclosing two key events. Firstly, the company's Board of Directors amended and restated the company's Bylaws, effective immediately. These updates primarily address procedural changes for director nominations and business proposals at stockholder meetings, aligning with new SEC universal proxy rules. The revised bylaws also clarify provisions related to stockholder meetings, including the Board's ability to cancel or postpone meetings, and update exclusive forum provisions and indemnification terms. Secondly, Autodesk announced the full repayment of its $350.0 million aggregate principal amount of outstanding 3.6% Notes due 2022. This repayment satisfied and discharged the associated Indenture as of the payment date.

Autodesk, Inc. reported a solid third quarter for fiscal year 2023, with total net revenue increasing by 14% year-over-year to $1.28 billion. This growth was primarily driven by a 14% increase in subscription revenue, highlighting the continued success of their transition to a subscription-based model. Gross profit also saw a healthy increase of 14% to $1.16 billion, demonstrating strong operational efficiency. Profitability metrics showed positive momentum, with income from operations rising 33% to $256 million and net income increasing by 44% to $198 million. Diluted earnings per share grew to $0.91, up from $0.62 in the prior year's comparable quarter. The company maintained a high recurring revenue percentage at 98%, underscoring the stability and predictability of its revenue streams. Autodesk also continued its share repurchase program, demonstrating a commitment to returning value to shareholders. The balance sheet remains strong with $1.665 billion in cash and cash equivalents.

This 8-K filing from Autodesk, Inc. (ADSK) on November 22, 2022, primarily serves to furnish a press release detailing the company's financial results for the third fiscal quarter ended October 31, 2022. While specific financial figures are not detailed within the 8-K itself, the filing emphasizes Autodesk's use of key performance metrics such as billings, recurring revenue, and Net Revenue Retention Rate (NR3) to assess the health of its recurring business. These metrics are presented as supplemental information to GAAP results and are intended to provide investors with a clearer view of the company's long-term business strength. The report also extensively outlines Autodesk's use of non-GAAP financial measures. The company details numerous adjustments made to GAAP figures, including the exclusion of stock-based compensation, amortization of developed technologies and purchased intangibles, CEO transition costs, goodwill impairment, restructuring costs, lease-related charges, acquisition-related costs, gains/losses on strategic investments, discrete tax provisions, and valuation allowances on deferred tax assets. Autodesk explains that these non-GAAP measures are used internally for operational decision-making and budgeting, and are provided to investors to enhance transparency and comparability with historical results and peer companies.

Autodesk, Inc. reported strong financial performance for the second quarter and first half of fiscal year 2023, ending July 31, 2022. Total net revenue increased by 17% year-over-year for both periods, reaching $1.237 billion for the quarter and $2.407 billion for the six months. This growth was primarily driven by a 16% and 17% increase in subscription revenue, respectively, underscoring the company's successful transition to a subscription-based model. Recurring revenue remained robust, constituting 98% of net revenue. Profitability also saw significant improvement, with income from operations increasing to $242 million for the quarter and $456 million for the six months, representing substantial year-over-year gains. Diluted EPS also showed positive momentum, growing to $0.85 for the quarter and $1.52 for the six months. The company generated strong operating cash flow of $691 million for the first half of the year, demonstrating healthy cash generation. Management highlighted strategic acquisitions and product development as key drivers for future growth, while also noting potential headwinds from global economic and geopolitical factors.

Autodesk, Inc. filed an 8-K on August 24, 2022, reporting its financial results for the second fiscal quarter ended July 31, 2022. The filing primarily serves to furnish a press release containing these results and to detail the company's use of non-GAAP financial measures and key performance indicators (KPIs) such as billings, recurring revenue, and Net Revenue Retention Rate (NR3). These metrics are presented to offer investors deeper insights into the long-term health and recurring business strength of Autodesk's operations. The company emphasized its use of non-GAAP measures, which exclude items like stock-based compensation, amortization of intangibles, CEO transition costs, goodwill impairment, restructuring costs, lease-related charges, acquisition costs, and gains/losses on strategic investments. Autodesk asserts that these adjustments provide a clearer view of core business operating results, aid in period-over-period comparisons, and are utilized by management for strategic decision-making and incentive compensation. Investors are advised to review these non-GAAP measures alongside, and not as a substitute for, GAAP results, particularly the provided reconciliations.

Autodesk, Inc. (ADSK) announced a significant addition to its Board of Directors with the appointment of Rami Rahim, the current CEO of Juniper Networks, Inc. This appointment, effective August 22, 2022, expands the Board to eleven members and fills a newly created vacancy. Mr. Rahim brings extensive leadership experience, having served in various executive roles at Juniper Networks since 1997, including his tenure as CEO since 2014. His expertise in technology and executive leadership is expected to be a valuable asset to Autodesk's strategic direction and governance. In addition to joining the Board, Mr. Rahim has been appointed to the Compensation Committee, a key committee overseeing executive remuneration and incentive plans. The filing also notes a shift in committee assignments for existing director Blake Irving, who will move from the Compensation Committee to the Corporate Governance and Nominating Committee. These changes underscore Autodesk's ongoing efforts to strengthen its board's expertise and governance structure, particularly as it navigates the evolving technology landscape.

Autodesk, Inc. filed an 8-K on June 20, 2022, detailing key outcomes from its Annual Meeting of Stockholders held on June 16, 2022. The primary focus of this filing is the shareholder approval of the Autodesk 2022 Equity Incentive Plan, which is designed to attract, retain, and motivate key employees. Additionally, the report confirms the election of ten individuals to the Board of Directors for the upcoming year. Investors should note the strong shareholder support for the new equity incentive plan and the ratification of the company's independent auditor. The election results for the Board of Directors show a significant majority of votes in favor for each nominee, indicating shareholder confidence in the current leadership structure. This filing provides transparency on corporate governance matters and executive compensation-related initiatives.

Autodesk, Inc. reported strong top-line growth in its first quarter of fiscal year 2023, with total net revenue increasing by 18% year-over-year to $1.17 billion. This growth was primarily driven by a 17% increase in subscription revenue, underscoring the company's successful transition to a subscription-based model. The company maintained a high recurring revenue percentage of 98%, indicating the stability and predictability of its revenue streams. Operationally, income from operations saw a significant increase of 59% to $214 million. While operating expenses also rose, they did so at a slower pace than revenue, leading to improved operating margins. Net income, however, saw a slight decrease of 7% to $146 million compared to the prior year, largely due to a shift in income tax provision which resulted in a higher tax expense this quarter. Despite this, the company's financial position remains robust with substantial cash and marketable securities. Autodesk continued its strategic growth initiatives, including two business combinations during the quarter. The company also demonstrated a strong commitment to returning capital to shareholders through significant share repurchases. Investors should note the ongoing strategic shift towards cloud-enabled technologies and subscription services, which form the core of Autodesk's future growth strategy.

Autodesk, Inc. (ADSK) filed an 8-K on May 26, 2022, primarily furnishing a press release detailing its first fiscal quarter ended April 30, 2022, financial results. The filing emphasizes key performance metrics such as billings, recurring revenue, and Net Revenue Retention Rate (NR3), which the company uses to monitor the strength and long-term health of its recurring business model. Investors are encouraged to view these metrics alongside GAAP measures. The report also extensively discusses Autodesk's use of non-GAAP financial measures, providing transparency into how the company's management evaluates performance. Key exclusions from GAAP figures include stock-based compensation, amortization of intangibles, CEO transition costs, goodwill impairment, restructuring charges, lease-related costs, acquisition-related expenses, gains/losses on strategic investments, discrete tax items, and valuation allowance adjustments. Autodesk highlights that these non-GAAP measures offer meaningful supplemental information for assessing core business operations and comparability with peers, but investors are cautioned against relying solely on them and urged to review the GAAP reconciliation.

Autodesk, Inc. (ADSK) filed an 8-K on April 27, 2022, detailing amendments to its Executive Change in Control Program and the employment agreement of its CEO, Andrew Anagnost. These changes, effective April 27, 2022, were the result of a periodic review and primarily adjust how bonus components are calculated for certain severance scenarios. Specifically, the amendments now base these calculations on target bonus amounts rather than average historical bonuses or actual bonuses achieved, ensuring a more consistent and predictable framework for executive severance. While the benefit levels and material terms of the program remain largely unchanged from its last update in 2016, the new provisions aim to provide clarity and potentially a more advantageous payout structure for executives in specific change-in-control situations. The amended program is set to expire on January 31, 2027, unless extended by the Board. Investors should note that these updates pertain to executive compensation and change-in-control provisions and do not reflect any immediate operational or financial performance changes for the company.

Autodesk, Inc.'s 2022 10-K report highlights a strong fiscal year with a 16% increase in net revenue to $4.39 billion, primarily driven by a 19% surge in subscription revenue. The company continues its strategic shift towards a subscription-based model, with recurring revenue representing 96% of total net revenue. Acquisitions in fiscal 2022, including Upchain and Innovyze, bolstered their offerings in cloud-based data management and water infrastructure solutions, respectively, reflecting Autodesk's commitment to expanding its cloud capabilities and market reach. The company also demonstrated robust cash flow from operations, totaling $1.53 billion, and actively returned capital to shareholders through share repurchases totaling $1.09 billion. Autodesk reported positive progress in its sustainability initiatives, including setting science-based GHG reduction targets. While the company navigated global economic uncertainties, including supply chain disruptions and inflationary pressures, it maintained effective internal controls and reported no material weaknesses. Overall, the filing indicates a company in a solid financial position, strategically adapting to market trends and investing in growth areas.

Autodesk, Inc. (ADSK) filed an 8-K on February 24, 2022, to furnish its earnings press release for the fourth quarter ended January 31, 2022. The filing primarily serves to provide investors with detailed financial results and management's commentary on performance, including key performance metrics such as billings, recurring revenue, net revenue retention rate (NR3), and subscriptions. These metrics are highlighted as crucial for understanding the long-term health and recurring nature of Autodesk's business, distinct from traditional GAAP revenue and deferred revenue figures. The report also extensively discusses Autodesk's use of non-GAAP financial measures, detailing the types of expenses and charges that are excluded from these measures. These exclusions include stock-based compensation, amortization of intangibles, CEO transition costs, goodwill impairment, restructuring costs, lease-related charges, acquisition costs, gains/losses on strategic investments, discrete tax items, and valuation allowance adjustments. Autodesk emphasizes that these non-GAAP measures are presented to offer greater transparency into management's decision-making and to facilitate comparisons with industry peers and across periods, while also urging investors to review the GAAP reconciliation provided.

Autodesk, Inc.'s (ADSK) third quarter fiscal year 2022 report (ended October 31, 2021) demonstrates robust top-line growth, with total net revenue increasing by 18% year-over-year to $1.13 billion. This growth was primarily driven by a significant 21% surge in subscription revenue, underscoring the company's successful transition to a subscription-based model. While maintenance revenue continued its decline, the overall recurring revenue represented a strong 97% of total net revenue. The company also reported healthy operating income and net income, indicating effective cost management despite increased investments in R&D and marketing. Key financial highlights include a substantial increase in goodwill, driven by significant acquisitions such as Innovyze and Upchain, which are expected to bolster Autodesk's offerings in the water infrastructure and product lifecycle management sectors. The company maintained a strong cash flow from operations and continued its share repurchase program. Despite some headwinds from foreign currency fluctuations and the ongoing impacts of the COVID-19 pandemic, Autodesk's diversified product portfolio across AEC, Manufacturing, and Media & Entertainment sectors positions it well for continued growth.