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Jan 31, 2020

Autodesk Q4 2020 Earnings Report

Autodesk reported strong Q4 2020 earnings, exceeding expectations for revenue, earnings, and free cash flow.

Key Takeaways

Autodesk announced fiscal year 2020 fourth quarter results with a total revenue increase of 22% to $899 million. GAAP operating margin was 15 percent, up 9 percentage points and non-GAAP operating margin was 29 percent, up 10 percentage points. GAAP diluted EPS was $0.59 and non-GAAP diluted EPS was $0.92.

Total ARR increased 25 percent to $3.43 billion.

Billings increased 43 percent to $1.49 billion.

Total revenue increased 22 percent to $899 million; recurring revenue represents 95 percent of total.

Cash flow from operating activities was $698 million; free cash flow was $684 million.

Total Revenue
$899M
Previous year: $737M
+22.0%
EPS
$0.92
Previous year: $0.46
+100.0%
GAAP Operating Margin
15%
Non-GAAP Operating Margin
29%
Billings
$1.49B
Gross Profit
$816M
Previous year: $660M
+23.6%
Cash and Equivalents
$1.77B
Previous year: $886M
+100.3%
Free Cash Flow
$684M
Previous year: $294M
+132.7%
Total Assets
$6.18B
Previous year: $4.73B
+30.7%

Autodesk

Autodesk

Autodesk Revenue by Segment

Autodesk Revenue by Geographic Location

Forward Guidance

Autodesk's business outlook for the first quarter and full year fiscal 2021 takes into consideration the current economic environment and foreign exchange currency rate environment.

Revenue & Expenses

Visualization of income flow from segment revenue to net income