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About Autodesk
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© 2021 Autodesk, Inc. All rights reserved.
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 July 31, |
| Six Months Ended July 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 | $ | 1,016.7 |
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| $ | 841.2 |
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| $ | 1,964.2 |
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| $ | 1,644.2 |
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Maintenance | 16.9 |
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| 51.2 |
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| 36.0 |
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| 113.3 |
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Total subscription and maintenance revenue | 1,033.6 |
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| 892.4 |
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| 2,000.2 |
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| 1,757.5 |
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Other | 26.1 |
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| 20.7 |
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| 48.8 |
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| 41.3 |
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Total net revenue | 1,059.7 |
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| 913.1 |
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| 2,049.0 |
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| 1,798.8 |
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Cost of revenue: |
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Cost of subscription and maintenance revenue | 76.0 |
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| 58.5 |
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| 144.5 |
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| 115.9 |
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| Cost of other revenue | 15.8 |
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| 15.0 |
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| 29.9 |
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| 32.1 |
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| Amortization of developed technologies | 13.6 |
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| 7.4 |
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| 23.8 |
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| 14.8 |
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| Total cost of revenue | 105.4 |
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| 80.9 |
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| 198.2 |
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| 162.8 |
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| Gross profit | 954.3 |
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| 832.2 |
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| 1,850.8 |
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| 1,636.0 |
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| Operating expenses: |
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| Marketing and sales | 398.8 |
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| 350.9 |
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| 775.9 |
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| 692.2 |
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| Research and development | 276.9 |
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| 232.5 |
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| 542.4 |
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| 449.9 |
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| General and administrative | 119.4 |
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| 93.2 |
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| 231.3 |
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| 198.0 |
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| Amortization of purchased intangibles | 11.1 |
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| 9.5 |
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| 19.3 |
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| 19.2 |
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| Total operating expenses | 806.2 |
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| 686.1 |
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| 1,568.9 |
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| 1,359.3 |
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| Income from operations | 148.1 |
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| 146.1 |
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| 281.9 |
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| 276.7 |
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| Interest and other expense, net | (9.3) |
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| (17.1) |
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| (11.7) |
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| (57.2) |
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| Income before income taxes | 138.8 |
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| 129.0 |
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| 270.2 |
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| 219.5 |
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| (Provision) benefit for income taxes | (23.2) |
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| (30.8) |
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| 1.0 |
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| (54.8) |
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| Net income | $ | 115.6 |
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| $ | 98.2 |
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| $ | 271.2 |
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| $ | 164.7 |
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| Basic net income per share | $ | 0.53 |
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| $ | 0.45 |
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| $ | 1.23 |
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| $ | 0.75 |
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| Diluted net income per share | $ | 0.52 |
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| $ | 0.44 |
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| $ | 1.22 |
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| $ | 0.74 |
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| Weighted average shares used in computing basic net income per share | 219.8 |
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| 219.2 |
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| 219.7 |
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| 219.2 |
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| Weighted average shares used in computing diluted net income per share | 222.5 |
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| 222.2 |
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| 222.2 |
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| 222.0 |
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