Autodesk (ADSK) FY2015 results: revenue $2.5 billion, up 10.5% on the year
Autodesk, Inc. (ADSK) reported revenue of $2.5 billion for fiscal 2015, the year ended 31 January 2015, up 10.5% on the year before. Net income was $82 million, down 64.2%, and diluted earnings per share $0.35. The figures are the company's own, from the 10-K it filed with the SEC on 18 March 2015.
Revenue
$2.5 billion
+10.5% on the year
FY2008FY2015
Operating margin
4.8%
12.5% a year earlier
FY2008FY2015
Net income
$82 million
-64.2% on the year
FY2008FY2015
Diluted EPS
$0.35
-65.0% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
2,512
2,274
2,312
+10.5%
Cost of revenue
342
274
238
+24.7%
Gross profit
2,170
2,000
2,074
+8.5%
Gross margin
86.4%
87.9%
89.7%
Research and development
725
611
600
+18.7%
Operating income
121
285
306
-57.6%
Operating margin
4.8%
12.5%
13.2%
Pre-tax income
83.0
280
310
-70.3%
Income tax
1.2
51.1
62.6
-97.7%
Effective tax rate
1.4%
18.3%
20.2%
Net income
81.8
229
247
-64.2%
Net margin
3.3%
10.1%
10.7%
Diluted EPS
$0.35
$1.00
$1.07
-65.0%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
708
564
559
+25.7%
Capital expenditure
75.5
64.2
56.4
+17.6%
Free cash flow
633
499
503
+26.7%
Free cash flow margin
25.2%
22.0%
21.7%
Cash from investing
-906
-194
-647
Cash from financing
-240
-126
541
Depreciation and amortisation
146
129
128
+13.2%
Share-based compensation
166
132
156
+25.3%
Buybacks
372
424
431
-12.1%
Diluted shares, weighted
232m
230m
232m
+1.2%
Shares outstanding at period end
227m
227m
224m
+0.1%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
2,219
2,262
2,043
-1.9%
Debt
743
746
746
-0.4%
Other liabilities
1,952
1,587
1,520
+23.0%
Total liabilities and equity
4,914
4,595
4,308
+6.9%
Fixed assets
159
130
115
+22.2%
Goodwill
1,456
1,010
872
+44.2%
Intangible assets
86.5
63.1
76.0
+37.1%
Investments
889
691
753
+28.6%
Cash and equivalents
1,411
1,853
1,612
-23.9%
Receivables
459
424
495
+8.3%
Other assets
454
424
386
+7.1%
Total assets
4,914
4,595
4,308
+6.9%
10-K for the year ended 31 January 2015, filed 18 March 2015: the filing.