AUTODESK, INC. ANNOUNCES FISCAL 2024 FIRST QUARTER RESULTS

First  Quarter Fiscal 2024 Business Highlights

Net Revenue by Geographic Area



Three Months
Ended April 30,
2023


Three Months
Ended April 30,
2022


Change
compared to

prior fiscal year


Constant currency
change compared
to prior fiscal year

(In millions, except percentages)



$


%


%

Net Revenue:










Americas










U.S.

$                    456


$                    398


$     58


15 %


*

Other Americas

97


86


11


13 %


*

Total Americas

553


484


69


14 %


14 %

EMEA

474


449


25


6 %


11 %

APAC

242


237


5


2 %


8 %

Total Net Revenue

$                 1,269


$                  1,170


$     99


8 %


12 %

____________________

*  Constant currency data not provided at this level.

 

Net Revenue by Product Family


Our product offerings are focused in four primary product families: Architecture, Engineering and Construction ("AEC"), AutoCAD and AutoCAD LT, Manufacturing ("MFG"), and Media and Entertainment ("M&E").



Three Months
Ended April 30,
2023


Three Months
Ended April 30,
2022


Change compared to

prior fiscal year

(In millions, except percentages)


$


%

AEC (1)

$                      582


$                     537


$            45


8 %

AutoCAD and AutoCAD LT (1)

349


327


22


7 %

MFG

246


225


21


9 %

M&E

71


68


3


4 %

Other

21


13


8


62 %

Total Net Revenue

$                   1,269


$                  1,170


$            99


8 %

____________________ 

(1) During fiscal 2023, the Company corrected an immaterial classification error and reclassified certain revenue amounts between Architecture, Engineering and Construction and AutoCAD and AutoCAD LT. The results for the fiscal quarter ended April 30, 2022, were updated to conform to the current period presentation. These reclassifications did not impact total net revenue. 


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