Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

Income Statement 
Quarterly Data

Autodesk Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Subscription 1,408 1,330 1,339 1,314 1,270 1,193 1,214 1,188 1,160 1,089 1,122 1,071 1,017 948 950 884 841 803 777 715 664 596 550 481 421 350
Maintenance 11 11 14 12 14 14 14 16 17 18 23 18 17 19 30 40 51 62 80 91 104 112 137 150 166 181
Subscription and maintenance revenue 1,419 1,341 1,353 1,326 1,284 1,207 1,228 1,204 1,177 1,107 1,144 1,088 1,034 967 981 924 892 865 857 806 767 708 687 631 587 532
Other 86 76 116 88 61 62 90 76 60 63 67 38 26 23 59 28 21 21 42 37 30 28 50 30 25 28
Net revenue 1,505 1,417 1,469 1,414 1,345 1,269 1,318 1,280 1,237 1,170 1,212 1,126 1,060 989 1,039 952 913 886 899 843 797 736 737 661 612 560
Cost of subscription and maintenance revenue (100) (100) (96) (94) (95) (96) (90) (86) (83) (84) (80) (75) (76) (69) (66) (61) (59) (57) (57) (54) (53) (60) (57) (55) (54) (50)
Cost of other revenue (18) (20) (20) (21) (21) (20) (20) (19) (21) (19) (19) (18) (16) (14) (17) (15) (15) (17) (18) (17) (18) (14) (15) (14) (12) (13)
Amortization of developed technologies (22) (17) (14) (12) (11) (11) (14) (15) (15) (14) (14) (15) (14) (10) (9) (8) (7) (7) (8) (8) (9) (9) (5) (4) (3) (4)
Cost of revenue (140) (137) (130) (127) (127) (127) (124) (120) (119) (117) (113) (107) (105) (93) (91) (84) (81) (82) (83) (80) (80) (83) (77) (72) (70) (67)
Gross profit 1,365 1,280 1,339 1,287 1,218 1,142 1,194 1,160 1,118 1,053 1,098 1,019 954 897 949 869 832 804 816 763 717 653 660 589 542 493
Marketing and sales (480) (469) (479) (439) (449) (456) (439) (454) (433) (419) (428) (419) (399) (377) (389) (359) (351) (341) (350) (331) (317) (313) (321) (298) (289) (276)
Research and development (368) (346) (352) (339) (355) (327) (313) (311) (306) (289) (290) (282) (277) (266) (250) (233) (233) (217) (217) (213) (215) (206) (190) (181) (181) (173)
General and administrative (161) (155) (182) (165) (141) (132) (155) (129) (128) (120) (228) (113) (119) (112) (117) (99) (93) (105) (106) (99) (101) (99) (101) (87) (79) (73)
Amortization of purchased intangibles (13) (11) (11) (10) (11) (10) (10) (10) (9) (11) (10) (11) (11) (8) (9) (10) (10) (10) (10) (10) (10) (10) (6) (4) (4) (4)
Restructuring and other exit costs, net (2) (4) (14) (23)
Operating expenses (1,022) (981) (1,024) (953) (956) (925) (917) (904) (876) (839) (956) (825) (806) (763) (764) (701) (686) (673) (682) (653) (644) (628) (620) (574) (567) (548)
Income (loss) from operations 343 299 315 334 262 217 277 256 242 214 142 193 148 134 184 168 146 131 134 111 74 25 40 15 (25) (55)
Interest and other income (expense), net 9 10 22 (14) (4) 4 (14) (10) (19) (35) (6) (9) (2) (13) (12) (17) (40) (11) (14) (7) (16) (7) (3) 1 (9)
Income (loss) before income taxes 352 309 337 320 258 221 277 242 232 195 107 187 139 131 171 156 129 91 123 96 67 9 33 12 (23) (64)
(Provision) benefit for income taxes (70) (57) (55) (79) (36) (60) 16 (44) (46) (49) (18) (51) (23) 24 740 (24) (31) (24) 9 (30) (26) (33) 32 (35) (16) (19)
Net income (loss) 282 252 282 241 222 161 293 198 186 146 89 137 116 156 911 132 98 67 132 67 40 (24) 65 (24) (39) (82)

Based on: 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).

Income statement item Description The company
Net revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Autodesk Inc. net revenue decreased from Q4 2024 to Q1 2025 but then increased from Q1 2025 to Q2 2025 exceeding Q4 2024 level.
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Autodesk Inc. income (loss) from operations decreased from Q4 2024 to Q1 2025 but then increased from Q1 2025 to Q2 2025 exceeding Q4 2024 level.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Autodesk Inc. income (loss) before income taxes decreased from Q4 2024 to Q1 2025 but then increased from Q1 2025 to Q2 2025 exceeding Q4 2024 level.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.