NASDAQ$ADSK

Autodesk, Inc. · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Autodesk's Q4 2024 financial results were announced, showcasing revenue growth and stable operating margins.

Autodesk reported an 11% increase in revenue to $1.47 billion for the fourth quarter of fiscal year 2024, with a GAAP EPS of $1.31 and a non-GAAP EPS of $2.09. The company's operating margins remained flat, and current remaining performance obligations grew by 13% to $4.0 billion.

  • Total revenue increased by 11% to $1.47 billion.
  • GAAP operating margin was 21%, consistent with the prior year.
  • Non-GAAP operating margin was 36%, also consistent year-over-year.
  • Current remaining performance obligations grew 13% to $3.98 billion.

Headline financials

Total Revenue

$1.47B

Previous: $1.32B+11.5%
EPS (adj)

$2.09

Previous: $1.86+12.4%
Billings

$1.71B

Previous: $2.12B-19.3%
GAAP Operating Margin

21.0%

Previous: 21.0%+0.0%
Non-GAAP Operating Margin

36.0%

Previous: 36.0%+0.0%
Capital Expenditures

-$15M

Previous: $8M-287.5%
Net Income

$282M

Previous: $293M-3.8%
Operating Income

$315M

Previous: $277M+13.7%
Gross Profit

$1.35B

Previous: $1.19B+13.3%
R&D Expense

$352M

No prior period
Stock-Based Comp

$159M

Previous: $164M-3.0%

Revenue & EPS history

Autodesk · Revenue · Quarterly

$1.47B

Q4 2024+11.5%vs Q4 2023
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Autodesk · $739M total across 4 segments · Q3 2024

  • AutoCAD and AutoCAD LT
    $372M
  • MFG
    $269M
  • M&E
    $73M
  • Other
    $25M

Forward guidance

Autodesk provided guidance for Q1 and full-year fiscal 2025, taking into consideration the current economic and foreign exchange environment.

Tailwinds

  • Q1 FY25 revenue is expected to be between $1.385 billion and $1.400 billion.
  • Q1 FY25 GAAP EPS is projected to be $0.96 to $1.01.
  • Q1 FY25 non-GAAP EPS is expected to be $1.73 to $1.78.
  • FY25 revenue is anticipated to be between $5.990 billion and $6.090 billion, representing a 9% - 11% increase.
  • FY25 free cash flow is projected to be $1.430 billion to $1.500 billion.

Headwinds

  • Guidance considers the current economic environment and foreign exchange currency rate environment.
  • FY25 GAAP operating margin is expected to be 20% - 21%.
  • FY25 non-GAAP operating margin is expected to be 35% - 36%.
  • FY25 GAAP EPS is projected to be $4.41 to $4.63.
  • FY25 non-GAAP EPS is expected to be $7.89 to $8.11.

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 2024

Historical avgQ4 2024

-0.4%

Avg return

Earnings day

+0.0%

Avg return

5 days after

-0.1%

Avg return

30 days after

47%

34 / 73 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
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 2010-4.0%
Q3 2009-4.0%
Q2 2010-3.4%
Q2 2009-3.4%
Q4 2009-0.1%
Q1 2010-0.1%
Q1 2009-0.1%

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