•
Jul 31, 2021

Autodesk Q2 2022 Earnings Report

Revenue and current remaining performance obligations accelerated, increasing 16% and 24%, respectively, driven by strength in new business and resilient subscription model.

Key Takeaways

Autodesk's Q2 2022 results showed strong growth with revenue increasing by 16% to $1,060 million and current remaining performance obligations increasing by 24% to $2,854 million. This growth was driven by strength in new business and a resilient subscription model. The company is raising its FY22 revenue and margin guidance.

Total revenue increased 16 percent to $1,060 million.

GAAP operating margin was 14 percent, down 2 percentage points.

Non-GAAP operating margin was up 2 percentage points to 31 percent.

Free cash flow was $186 million.

Total Revenue
$1.06B
Previous year: $913M
+16.1%
EPS
$1.21
Previous year: $0.98
+23.5%
GAAP Operating Margin
14%
Previous year: 16%
-12.5%
Non-GAAP Operating Margin
31%
Previous year: 29%
+6.9%
Billings
$1.02B
Previous year: $787M
+29.0%
Gross Profit
$954M
Previous year: $832M
+14.7%
Cash and Equivalents
$924M
Previous year: $1.44B
-35.9%
Free Cash Flow
$186M
Previous year: $64M
+190.6%
Total Assets
$7.42B
Previous year: $5.75B
+29.1%

Autodesk

Autodesk

Autodesk Revenue by Geographic Location

Forward Guidance

Autodesk provided forward-looking statements for the third quarter and full-year fiscal 2022, taking into consideration the current economic environment and foreign exchange currency rate environment.

Revenue & Expenses

Visualization of income flow from segment revenue to net income