Autodesk (ADSK) FY2016 results: revenue $2.5 billion, down 0.3% on the year
Autodesk, Inc. (ADSK) reported revenue of $2.5 billion for fiscal 2016, the year ended 31 January 2016, down 0.3% on the year before. Net income was -$330 million, and diluted earnings per share $-1.46. The figures are the company's own, from the 10-K it filed with the SEC on 23 March 2016.
Revenue
$2.5 billion
-0.3% on the year
FY2009FY2016
Operating margin
0.1%
4.8% a year earlier
FY2009FY2016
Net income
-$330 million
FY2009FY2016
Diluted EPS
-$1.46
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
2,504
2,512
2,274
-0.3%
Cost of revenue
371
342
274
+8.4%
Gross profit
2,133
2,170
2,000
-1.7%
Gross margin
85.2%
86.4%
87.9%
Research and development
790
725
611
+8.9%
Operating income
1.3
121
285
-98.9%
Operating margin
0.1%
4.8%
12.5%
Pre-tax income
-20.3
83.0
280
Income tax
310
1.2
51.1
+25,750.0%
Effective tax rate
n/a
1.4%
18.3%
Net income
-330
81.8
229
Net margin
-13.2%
3.3%
10.1%
Diluted EPS
-$1.46
$0.35
$1.00
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
414
708
564
-41.5%
Capital expenditure
72.4
75.5
64.2
-4.1%
Free cash flow
342
633
499
-46.0%
Free cash flow margin
13.6%
25.2%
22.0%
Cash from investing
-810
-906
-194
Cash from financing
343
-240
-126
Depreciation and amortisation
146
146
129
-0.1%
Share-based compensation
197
166
132
+19.1%
Buybacks
458
372
424
+23.0%
Diluted shares, weighted
226m
232m
230m
-2.8%
Shares outstanding at period end
224m
227m
227m
-1.1%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
1,620
2,219
2,262
-27.0%
Debt
1,488
743
746
+100.2%
Other liabilities
2,408
1,952
1,587
+23.4%
Total liabilities and equity
5,515
4,914
4,595
+12.2%
Fixed assets
169
159
130
+6.3%
Goodwill
1,535
1,456
1,010
+5.4%
Intangible assets
70.8
86.5
63.1
-18.2%
Investments
1,430
889
691
+60.9%
Cash and equivalents
1,353
1,411
1,853
-4.1%
Receivables
654
459
424
+42.4%
Other assets
303
454
424
-33.1%
Total assets
5,515
4,914
4,595
+12.2%
10-K for the year ended 31 January 2016, filed 23 March 2016: the filing.