Net Revenue by Product Family |
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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"). |
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Three Months Ended |
Change compared to
|
|||||||||||||
(In millions, except percentages) |
January 31,
|
January 31,
|
$ |
% |
||||||||||
AEC |
$ |
449.5 |
$ |
380.6 |
$ |
68.9 |
18 |
% |
||||||
AutoCAD and AutoCAD LT |
286.5 |
258.3 |
28.2 |
11 |
% |
|||||||||
MFG |
236.1 |
201.8 |
34.3 |
17 |
% |
|||||||||
M&E |
59.5 |
52.3 |
7.2 |
14 |
% |
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Other |
7.6 |
6.3 |
1.3 |
21 |
% |
|||||||||
$ |
1,039.2 |
$ |
899.3 |
$ |
139.9 |
16 |
% |
Fiscal 2021 Financial Highlights
- Total billings decreased 1 percent to $4.14 billion.
- Total revenue was $3.79 billion, an increase of 16 percent as reported, and 17 percent on a constant currency basis. Recurring revenue represents 97 percent of total.
- Design revenue was $3.37 billion, an increase of 15 percent as reported, and 16 percent on a constant currency basis.
- Make revenue was $296 million, an increase of 36 percent as reported and on a constant currency basis.
- Subscription plan revenue was $3.48 billion, an increase of 26 percent as reported, and 27 percent on a constant currency basis.
- Maintenance plan revenue was $183 million, a decrease of 53 percent as reported, and 51 percent on a constant currency basis.
- Total subscriptions increased approximately 404,000 from fiscal 2020 to 5.27 million at the end of fiscal 2021. Total subscriptions adjusted for the multi-user trade-in increased approximately 186,000 from fiscal 2020 to 5.06 million.
- Subscription plan subscriptions increased 679,000 from the end of fiscal 2020 to 5.15 million at the end of fiscal 2021.
- GAAP operating income was $629 million compared to $343 million last year. GAAP operating margin was 17 percent, up 6 percentage points.
- Total non-GAAP operating income was $1.11 billion compared to $803 million last year. Non-GAAP operating margin was 29 percent, up 5 percentage points.
- GAAP diluted net income per share was $5.44, compared to $0.96 last year, in part reflecting a $679 million deferred tax asset valuation allowance release.
- Non-GAAP diluted net income per share was $4.05, compared to $2.79 last year.
- Cash flow from operating activities increased to $1.44 billion, compared to $1.42 billion in fiscal 2020. Free cash flow decreased to $1.35 billion, compared to $1.36 billion in fiscal 2020.
Net Revenue by Geographic Area |
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Fiscal Year
|
Fiscal Year
|
Change compared to
|
Constant currency
|
||||||||||||||
(In millions, except percentages) |
$ |
% |
% |
||||||||||||||
Net Revenue: |
|||||||||||||||||
Americas |
|||||||||||||||||
U.S. |
$ |
1,281.8 |
$ |
1,108.9 |
$ |
172.9 |
16 |
% |
* |
||||||||
Other Americas |
260.6 |
226.9 |
33.7 |
15 |
% |
* |
|||||||||||
Total Americas |
1,542.4 |
1,335.8 |
206.6 |
15 |
% |
16 |
% |
||||||||||
EMEA |
1,472.6 |
1,303.5 |
169.1 |
13 |
% |
15 |
% |
||||||||||
APAC |
775.4 |
635.0 |
140.4 |
22 |
% |
22 |
% |
||||||||||
Total Net Revenue |
$ |
3,790.4 |
$ |
3,274.3 |
$ |
516.1 |
16 |
% |
17 |
% |
|||||||
Emerging Economies |
$ |
463.2 |
$ |
396.2 |
$ |
67.0 |
17 |
% |
17 |
% |
* |
Constant currency data not provided at this level. |