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About Autodesk
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Autodesk, Inc. |
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Condensed Consolidated Statements of Operations | |||
(In millions, except per share data) |
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| Three Months Ended April 30, | ||
| 2024 |
| 2023 |
| (Unaudited) | ||
Net revenue: |
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Subscription | $ 1,330 |
| $ 1,193 |
Maintenance | 11 |
| 14 |
Total subscription and maintenance revenue | 1,341 |
| 1,207 |
Other | 76 |
| 62 |
Total net revenue | 1,417 |
| 1,269 |
Cost of revenue: |
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Cost of subscription and maintenance revenue | 100 |
| 96 |
Cost of other revenue | 20 |
| 20 |
Amortization of developed technologies | 17 |
| 11 |
Total cost of revenue | 137 |
| 127 |
Gross profit | 1,280 |
| 1,142 |
Operating expenses: |
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Marketing and sales | 469 |
| 456 |
Research and development | 346 |
| 327 |
General and administrative | 155 |
| 132 |
Amortization of purchased intangibles | 11 |
| 10 |
Total operating expenses | 981 |
| 925 |
Income from operations | 299 |
| 217 |
Interest and other income, net | 10 |
| 4 |
Income before income taxes | 309 |
| 221 |
Provision for income taxes | (57) |
| (60) |
Net income | $ 252 |
| $ 161 |
Basic net income per share | $ 1.17 |
| $ 0.75 |
Diluted net income per share | $ 1.16 |
| $ 0.75 |
Weighted average shares used in computing basic net income per share | 215 |
| 215 |
Weighted average shares used in computing diluted net income per share | 217 |
| 216 |