Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

Income Statement 

Autodesk Inc., consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Jan 31, 2024 Jan 31, 2023 Jan 31, 2022 Jan 31, 2021 Jan 31, 2020 Jan 31, 2019
Subscription 5,116 4,651 4,156 3,479 2,752 1,802
Maintenance 54 65 76 183 387 635
Subscription and maintenance revenue 5,170 4,716 4,233 3,662 3,139 2,437
Other 327 289 154 128 136 132
Net revenue 5,497 5,005 4,386 3,790 3,274 2,570
Cost of subscription and maintenance revenue (381) (343) (299) (242) (224) (216)
Cost of other revenue (82) (79) (67) (64) (67) (54)
Amortization of developed technologies (48) (58) (53) (31) (35) (16)
Cost of revenue (511) (480) (419) (337) (325) (286)
Gross profit 4,986 4,525 3,968 3,453 2,949 2,284
Marketing and sales (1,823) (1,745) (1,623) (1,440) (1,310) (1,184)
Research and development (1,373) (1,219) (1,115) (933) (851) (725)
General and administrative (620) (532) (572) (414) (406) (340)
Amortization of purchased intangibles (42) (40) (41) (38) (39) (18)
Restructuring and other exit costs, net (1) (42)
Operating expenses (3,858) (3,536) (3,350) (2,824) (2,606) (2,309)
Income (loss) from operations 1,128 989 618 629 343 (25)
Interest and investment income (expense), net 26 (71) (65) (51) (54) (52)
Gain on foreign currency 10 15 4 4 5
Gain (loss) on strategic investments (32) 1 4 (42) (3) 13
Other income 4 12 8 7 5 17
Interest and other income (expense), net 8 (43) (53) (82) (48) (18)
Income (loss) before income taxes 1,136 946 565 547 295 (43)
(Provision) benefit for income taxes (230) (123) (68) 662 (80) (38)
Net income (loss) 906 823 497 1,208 215 (81)

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).

Income statement item Description The company
Net revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Autodesk Inc. net revenue increased from 2022 to 2023 and from 2023 to 2024.
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Autodesk Inc. income (loss) from operations increased from 2022 to 2023 and from 2023 to 2024.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Autodesk Inc. income (loss) before income taxes increased from 2022 to 2023 and from 2023 to 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Autodesk Inc. net income (loss) increased from 2022 to 2023 and from 2023 to 2024.