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About Autodesk
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© 2021 Autodesk, Inc. All rights reserved.
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Autodesk, Inc. |
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Condensed Consolidated Statements of Operations |
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(In millions, except per share data) |
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Three Months Ended January 31, |
Fiscal Year Ended January 31, |
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2021 |
2020 |
2021 |
2020 |
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(Unaudited) |
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Net revenue: |
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Subscription |
$ |
950.3 |
$ |
777.4 |
$ |
3,478.9 |
$ |
2,751.9 |
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Maintenance |
30.2 |
79.9 |
183.3 |
386.6 |
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Total subscription and maintenance revenue |
980.5 |
857.3 |
3,662.2 |
3,138.5 |
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Other |
58.7 |
42.0 |
128.2 |
135.8 |
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Total net revenue |
1,039.2 |
899.3 |
3,790.4 |
3,274.3 |
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Cost of revenue: |
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Cost of subscription and maintenance revenue |
65.5 |
57.0 |
242.1 |
223.9 |
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Cost of other revenue |
16.6 |
17.9 |
64.1 |
66.5 |
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Amortization of developed technologies |
8.5 |
8.3 |
30.9 |
34.5 |
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Total cost of revenue |
90.6 |
83.2 |
337.1 |
324.9 |
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Gross profit |
948.6 |
816.1 |
3,453.3 |
2,949.4 |
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Operating expenses: |
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Marketing and sales |
388.8 |
349.5 |
1,440.3 |
1,310.3 |
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Research and development |
249.6 |
217.1 |
932.5 |
851.1 |
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General and administrative |
117.1 |
106.0 |
413.9 |
405.6 |
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Amortization of purchased intangibles |
8.7 |
9.7 |
37.5 |
38.9 |
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Restructuring and other exit costs, net |
— |
— |
— |
0.5 |
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Total operating expenses |
764.2 |
682.3 |
2,824.2 |
2,606.4 |
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Income from operations |
184.4 |
133.8 |
629.1 |
343.0 |
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Interest and other expense, net |
(13.3) |
(10.5) |
(82.4) |
(48.2) |
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Income before income taxes |
171.1 |
123.3 |
546.7 |
294.8 |
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Benefit (provision) for income taxes |
740.2 |
8.5 |
661.5 |
(80.3) |
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Net income |
$ |
911.3 |
$ |
131.8 |
$ |
1,208.2 |
$ |
214.5 |
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Basic net income per share |
$ |
4.15 |
$ |
0.60 |
$ |
5.51 |
$ |
0.98 |
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Diluted net income per share |
$ |
4.10 |
$ |
0.59 |
$ |
5.44 |
$ |
0.96 |
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Weighted average shares used in computing basic net income per share |
219.7 |
220.0 |
219.4 |
219.7 |
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Weighted average shares used in computing diluted net income per share |
222.5 |
222.5 |
222.1 |
222.5 |
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