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.
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.
Visualization of income flow from segment revenue to net income