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Oct 31, 2022
Autodesk Q3 2023 Earnings Report
Autodesk's Q3 2023 financial results were announced, demonstrating revenue growth and expanded operating margins.
Key Takeaways
Autodesk reported a 14% increase in total revenue and a 16% increase in billings year over year for the third quarter of fiscal 2023. The GAAP and non-GAAP operating margins also showed expansion, and the board approved a $5 billion share repurchase authorization.
Total revenue increased by 14% to $1,280 million.
GAAP operating margin was 20%, a 3 percentage point increase.
Non-GAAP operating margin was 36%, a 4 percentage point increase.
GAAP diluted EPS was $0.91, and non-GAAP diluted EPS was $1.70.
Autodesk
Autodesk
Autodesk Revenue by Geographic Location
Forward Guidance
Autodesk's business outlook for the fourth quarter and full-year fiscal 2023 considers the current economic environment and foreign exchange currency rate environment.
Revenue & Expenses
Visualization of income flow from segment revenue to net income