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Jan 31, 2021

Autodesk Q4 2021 Earnings Report

Reported a revenue increase of 16% and EPS of $4.10, driven by strong enterprise and cloud-based sales.

Key Takeaways

Autodesk reported strong Q4 fiscal 2021 results, with total revenue increasing by 16% to $1.04 billion and GAAP diluted EPS at $4.10. The company saw growth in design and make revenues, as well as a record number of enterprise agreements.

Total revenue increased 16 percent to $1.04 billion.

GAAP operating margin was 18 percent, up 3 percentage points.

Non-GAAP operating margin was 30 percent, up 1 percentage point.

GAAP diluted EPS was $4.10, non-GAAP diluted EPS was $1.18.

Total Revenue
$1.04B
Previous year: $899M
+15.5%
EPS
$1.18
Previous year: $0.92
+28.3%
GAAP Operating Margin
18%
Previous year: 15%
+20.0%
Non-GAAP Operating Margin
30%
Previous year: 29%
+3.4%
Billings
$1.47B
Previous year: $1.49B
-1.3%
Gross Profit
$949M
Previous year: $816M
+16.2%
Cash and Equivalents
$1.77B
Previous year: $1.77B
-0.1%
Free Cash Flow
$634M
Previous year: $684M
-7.3%
Total Assets
$7.28B
Previous year: $6.18B
+17.8%

Autodesk

Autodesk

Autodesk Revenue by Segment

Autodesk Revenue by Geographic Location

Forward Guidance

Autodesk provided its business outlook for the first quarter and full-year fiscal 2022, taking into consideration the current economic and foreign exchange environment.

Positive Outlook

  • Revenue (in millions): $955 - $970
  • EPS GAAP: $0.39 - $0.44
  • EPS non-GAAP (2): $0.91 - $0.96
  • Billings (in millions) (2): $4,850 - $4,975 Up 17% - 20%
  • Revenue (in millions) (3): $4,265 - $4,345 Up 13% - 15%

Challenges Ahead

  • GAAP operating margin 17% - 18%
  • Non-GAAP operating margin (4) 31% - 32%
  • EPS GAAP $2.39 - $2.69
  • EPS non-GAAP (5) $4.78 - $5.08
  • Free cash flow (in millions) (6) $1,575 - $1,650

Revenue & Expenses

Visualization of income flow from segment revenue to net income