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Apr 30, 2024

Autodesk Q1 2025 Earnings Report

Autodesk's Q1 2025 financial results were announced, with revenue up 12% and GAAP EPS at $1.16.

Key Takeaways

Autodesk reported a 12% increase in revenue to $1.42 billion for Q1 2025. GAAP EPS was $1.16, and non-GAAP EPS was $1.87. The company is focused on leading in 3D AI and achieving a 'Rule of Forty' ratio of 45 or more.

Total revenue increased 12 percent to $1.42 billion.

GAAP operating margin was 21 percent, up 4 percentage points.

Non-GAAP operating margin was 35 percent, up 3 percentage points.

Free cash flow was $487 million.

Total Revenue
$1.41B
Previous year: $1.27B
+11.3%
EPS
$1.87
Previous year: $1.55
+20.6%
GAAP Operating Margin
21%
Previous year: 17%
+23.5%
Non-GAAP Operating Margin
35%
Previous year: 32%
+9.4%
Billings
$1.11B
Previous year: $1.17B
-5.3%
Gross Profit
$1.26B
Previous year: $1.14B
+10.7%
Cash and Equivalents
$1.68B
Previous year: $1.91B
-11.9%
Free Cash Flow
$487M
Previous year: $714M
-31.8%
Total Assets
$9.83B
Previous year: $9.07B
+8.4%

Autodesk

Autodesk

Autodesk Revenue by Geographic Location

Forward Guidance

Autodesk provided guidance for Q2 2025 and full-year fiscal 2025, considering the current economic and foreign exchange environment.

Positive Outlook

  • Q2 FY25 Revenue (in millions): $1,475 - $1,490
  • Q2 FY25 EPS GAAP: $1.12 - $1.18
  • Q2 FY25 EPS non-GAAP: $1.98 - $2.04
  • FY25 Billings (in millions): $5,810 - $5,960 (Up 12% - 15%)
  • FY25 Revenue (in millions): $5,990 - $6,090 (Up 9% - 11%)

Challenges Ahead

  • FY25 GAAP operating margin: 21% - 22%
  • FY25 Non-GAAP operating margin: 35% - 36%
  • FY25 EPS GAAP: $4.71 - $4.93
  • FY25 EPS non-GAAP: $7.99 - $8.21
  • FY25 Free cash flow (in millions): $1,430 - $1,500

Revenue & Expenses

Visualization of income flow from segment revenue to net income