NASDAQ$ADSK

Autodesk, Inc. · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported record fourth quarter and full-year revenue, cash flow from operating activities, and free cash flow.

Autodesk's Q4 2022 saw a 17% increase in total revenue, reaching $1.21 billion. Non-GAAP operating margin was 35 percent, up 5 percentage points. Non-GAAP diluted EPS was $1.50.

  • Total revenue increased 17 percent to $1.21 billion.
  • GAAP operating margin was 12 percent, down 6 percentage points, including lease-related charges of $104 million.
  • Non-GAAP operating margin was 35 percent, up 5 percentage points.
  • Non-GAAP diluted EPS was $1.50.

Headline financials

Total Revenue

$1.21B

Previous: $1.04B+16.7%
EPS (adj)

$1.50

Previous: $1.18+27.1%
Billings

$1.66B

Previous: $1.47B+12.9%
GAAP Operating Margin

12.0%

Previous: 18.0%-33.3%
Non-GAAP Operating Margin

35.0%

Previous: 30.0%+16.7%
Capital Expenditures

$6.5M

Previous: $23.5M-72.3%
Free Cash Flow

$716M

Previous: $634M+12.9%
Net Income

$89.1M

Previous: $911M-90.2%
Operating Income

$142M

Previous: $184M-22.8%
Gross Profit

$1.1B

Previous: $949M+15.8%
Cash & Equivalents

$1.53B

Previous: $1.77B-13.8%
Total Assets

$8.61B

Previous: $7.28B+18.2%
Stock-Based Comp

$146M

Previous: $107M+36.2%

Revenue & EPS history

Autodesk · Revenue · Quarterly

$1.21B

Q4 2022+16.7%vs Q4 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Autodesk · $674M total across 3 segments · Q4 2022

  • AutoCAD and AutoCAD LT
    $345M+20.5%
  • MFG
    $246M+4.2%
  • M&E
    $82.4M+38.5%

Forward guidance

Autodesk provided guidance for Q1 2023 and full year fiscal 2023, taking into consideration the current economic environment and foreign exchange currency rate environment.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

-0.4%

Avg return

Earnings day

-0.0%

Avg return

5 days after

-0.1%

Avg return

30 days after

46%

34 / 74 earnings

Positive

+17.0%

Q1 2018

Best reaction

-18.9%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-0.8%-2.2%
Q4 2026-1.8%+10.5%-1.5%
Q3 2026-3.6%+3.6%+2.1%
Q2 2026+8.9%+10.1%+11.9%
Q1 2026+0.2%+1.4%+0.7%
Q4 2025-2.9%-5.4%-7.3%
Q3 2025-9.0%-8.6%-6.0%
Q2 2025+1.5%+1.3%+6.8%
Q1 2025+2.2%+3.5%+14.0%
Q4 2024+3.7%-3.1%+2.0%
Q3 2024-7.8%-7.4%+10.1%
Q2 2024+4.0%+8.2%+1.7%
Q1 2024+1.1%-0.9%+2.7%
Q4 2023-11.2%-8.3%-7.6%
Q3 2023-4.6%-2.8%-8.9%
Q2 2023+3.1%-3.7%-13.6%
Q1 2023+13.3%+11.4%+3.2%
Q4 2022+5.1%+2.4%+1.5%
Q3 2022-17.3%-18.1%-9.5%
Q2 2022-9.1%-8.1%-13.6%
Q1 2022-2.3%-3.8%-1.3%
Q4 2021-7.7%-7.0%-10.0%
Q3 2021+5.4%+6.0%+17.2%
Q2 2021-1.4%-1.8%-12.2%
Q1 2021+1.6%+9.9%+16.6%
Q4 2020+0.1%-5.3%-25.8%
Q3 2020+6.7%+7.1%+9.1%
Q2 2020-5.2%-3.4%+0.9%
Q1 2020-7.4%-7.4%-1.8%
Q4 2019-2.7%-5.8%-5.1%
Q3 2019+7.4%+5.5%-0.6%
Q2 2019+14.8%+14.5%+11.3%
Q1 2019-4.7%-7.0%-2.0%
Q4 2018+15.8%+17.2%+7.7%
Q3 2018-16.0%-17.8%-19.3%
Q2 2018+3.9%+0.6%+1.0%
Q1 2018+17.0%+20.2%+11.6%
Q4 2017-4.1%-7.7%-2.8%
Q3 2017-3.4%-6.1%-0.3%
Q2 2017+9.0%+7.7%+13.5%
Q1 2017-2.7%
Q4 2016+4.1%
Q3 2016-1.1%
Q2 2016-3.3%
Q1 2016-1.4%
Q4 2015+3.6%
Q3 2015+4.8%
Q2 2015-5.6%
Q1 2015+7.5%
Q4 2014-0.7%
Q3 2014+8.3%
Q2 2014+9.2%
Q1 2014-5.9%
Q4 2013-3.0%
Q3 2013+3.4%
Q2 2013-15.1%
Q1 2013-15.7%
Q4 2012-0.4%
Q3 2012+5.9%
Q2 2012-18.9%
Q1 2012-4.4%
Q4 2011+6.3%
Q3 2011+0.7%
Q2 2011+5.7%
Q1 2011+0.6%
Q4 2008+0.3%
Q4 2010+0.3%
Q3 2009-4.0%
Q3 2010-4.0%
Q2 2010-3.4%
Q2 2009-3.4%
Q1 2010-0.1%
Q1 2009-0.1%
Q4 2009-0.1%

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