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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 October 31, |
| Nine Months Ended October 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 | $ | 1,070.7 |
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| $ | 884.4 |
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| $ | 3,034.9 |
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| $ | 2,528.6 |
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Maintenance | 17.6 |
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| 39.8 |
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| 53.6 |
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| 153.1 |
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Total subscription and maintenance revenue | 1,088.3 |
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| 924.2 |
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| 3,088.5 |
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| 2,681.7 |
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Other | 37.5 |
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| 28.2 |
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| 86.3 |
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| 69.5 |
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Total net revenue | 1,125.8 |
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| 952.4 |
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| 3,174.8 |
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| 2,751.2 |
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Cost of revenue: |
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Cost of subscription and maintenance revenue | 74.8 |
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| 60.7 |
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| 219.3 |
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| 176.6 |
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| Cost of other revenue | 17.7 |
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| 15.4 |
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| 47.6 |
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| 47.5 |
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| Amortization of developed technologies | 14.6 |
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| 7.6 |
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| 38.4 |
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| 22.4 |
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| Total cost of revenue | 107.1 |
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| 83.7 |
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| 305.3 |
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| 246.5 |
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| Gross profit | 1,018.7 |
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| 868.7 |
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| 2,869.5 |
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| 2,504.7 |
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| Operating expenses: |
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| Marketing and sales | 419.4 |
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| 359.3 |
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| 1,195.3 |
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| 1,051.5 |
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| Research and development | 282.1 |
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| 233.0 |
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| 824.5 |
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| 682.9 |
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| General and administrative | 112.8 |
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| 98.8 |
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| 344.1 |
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| 296.8 |
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| Amortization of purchased intangibles | 11.1 |
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| 9.6 |
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| 30.4 |
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| 28.8 |
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| Total operating expenses | 825.4 |
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| 700.7 |
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| 2,394.3 |
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| 2,060.0 |
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| Income from operations | 193.3 |
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| 168.0 |
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| 475.2 |
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| 444.7 |
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| Interest and other expense, net | (5.9) |
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| (11.9) |
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| (17.6) |
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| (69.1) |
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| Income before income taxes | 187.4 |
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| 156.1 |
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| 457.6 |
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| 375.6 |
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| Provision for income taxes | (50.7) |
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| (23.9) |
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| (49.7) |
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| (78.7) |
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| Net income | $ | 136.7 |
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| $ | 132.2 |
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| $ | 407.9 |
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| $ | 296.9 |
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| Basic net income per share | $ | 0.62 |
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| $ | 0.60 |
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| $ | 1.86 |
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| $ | 1.35 |
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| Diluted net income per share | $ | 0.61 |
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| $ | 0.59 |
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| $ | 1.83 |
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| $ | 1.34 |
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| Weighted average shares used in computing basic net income per share | 220.0 |
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| 219.6 |
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| 219.8 |
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| 219.4 |
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| Weighted average shares used in computing diluted net income per share | 222.5 |
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| 222.3 |
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| 222.3 |
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| 222.1 |
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