Autodesk (ADSK) FY2023 results: revenue $5.0 billion, up 14.1% on the year
Autodesk, Inc. (ADSK) reported revenue of $5.0 billion for fiscal 2023, the year ended 31 January 2023, up 14.1% on the year before. Net income was $823 million, up 65.6%, and diluted earnings per share $3.78. The figures are the company's own, from the 10-K it filed with the SEC on 14 March 2023.
Revenue
$5.0 billion
+14.1% on the year
FY2016FY2023
Operating margin
19.8%
14.1% a year earlier
FY2016FY2023
Net income
$823 million
+65.6% on the year
FY2016FY2023
Diluted EPS
$3.78
+68.7% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
2,071
1,531
1,437
+35.2%
Capital expenditure
40.0
56.0
91.1
-28.6%
Free cash flow
2,031
1,475
1,346
+37.7%
Free cash flow margin
40.6%
33.6%
35.5%
Cash from investing
-143
-1,595
-404
Cash from financing
-1,487
-169
-1,047
Depreciation and amortisation
150
148
124
+1.3%
Share-based compensation
657
555
398
+18.3%
Buybacks
1,101
1,078
552
+2.1%
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
218m
222m
222m
-1.8%
Shares outstanding at period end
215m
218m
220m
-1.5%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
1,145
849
966
+34.8%
Debt
2,300
2,650
1,650
-13.2%
Operating lease liabilities
300
346
396
-13.2%
Other liabilities
5,693
4,762
4,268
+19.6%
Total liabilities and equity
9,438
8,607
7,280
+9.7%
Fixed assets
144
162
193
-11.1%
Goodwill
3,625
3,604
2,706
+0.6%
Intangible assets
407
494
199
-17.6%
Investments
227
281
4.0
-19.1%
Cash and equivalents
1,947
1,528
1,772
+27.4%
Receivables
961
716
643
+34.2%
Other assets
2,127
1,822
1,762
+16.7%
Total assets
9,438
8,607
7,280
+9.7%
10-K for the year ended 31 January 2023, filed 14 March 2023: the filing.