Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

This company has been moved to the archive! The financial data has not been updated since December 3, 2024.

Cash Flow Statement 
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Autodesk Inc., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018
Net income (loss) 275 282 252 282 241 222 161 293 198 186 146 89 137 116 156 911 132 98 67 132 67 40 (24) 65 (24) (39) (82)
Depreciation, amortization and accretion 48 46 40 37 36 33 33 37 37 38 38 34 42 39 33 32 32 30 30 31 32 32 33 25 24 22 24
Stock-based compensation expense 181 167 149 159 182 197 165 164 171 170 152 146 144 150 116 107 97 96 98 105 94 88 75 74 64 57 54
Amortization of costs to obtain a contract with a customer 51 44 41
Deferred income taxes (20) (15) (25) 30 (51) (35) (30) (179) (55) (21) (22) (23) (10) 7 19 (792) (2) 11 4 (38) 12 11 24 (23) 17 (14) 13
Lease-related asset impairments 7 7 13 12 7 2 104
Restructuring and other exit costs, net (3) (2) 14 23
Other (2) (23) 18 (37) 18 (22) (11) (21) 24 (38) 27 5 5 (11) 19 (10) 13 3 33 (23) 15 (20) 15 (13) 16 (12) 11
Accounts receivable (300) (49) 526 (294) (179) (71) 630 (317) (211) (51) 332 (136) (223) (32) 324 (100) (50) (133) 296 (131) (173) (80) 206 (155) (75) (27) 231
Prepaid expenses and other assets (54) (98) (69) (26) (28) 9 (32) (4) 26 (2) (23) 5 19 (32) (126) 5 (10) (5) (48) 21 10 16 11 (1) 9 (1)
Accounts payable and other liabilities 31 136 (166) 65 38 53 (168) 71 123 19 (218) 77 83 31 (182) 87 85 112 (155) 3 44 35 (173) 123 20 26 (228)
Deferred revenue (35) (272) (305) 235 (201) (252) (98) 784 91 (39) (38) 448 42 (43) (28) 423 52 (129) (1) 588 171 96 62 271 (7) (8) (59)
Accrued income taxes 34 (6) 33 (21) (38) (6) 73 70 53 (12) 38 (25) 32 (24) 5 (6) 11 7 4 10 5 1 (10) (52) 6 15 (3)
Changes in operating assets and liabilities, net of business combinations (324) (289) 19 (41) (408) (267) 405 604 82 (85) 91 369 (47) (99) (6) 409 88 (147) 96 491 57 67 98 186 (56) 15 (59)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities (66) (70) 242 155 (223) (87) 562 618 271 71 288 634 134 86 181 (254) 229 (7) 261 566 210 179 245 247 63 83 66
Net cash provided by (used in) operating activities 209 212 494 437 18 135 723 911 469 257 434 723 270 202 336 658 361 91 327 698 276 219 221 312 39 43 (17)
Purchases of marketable securities (201) (211) (220) (166) (257) (345) (342) (198) (102) (68) (29) (255) (57) (4) (6) (11) (20) (3) (25) (100) (10)
Sales and maturities of marketable securities 260 168 262 235 190 176 163 148 57 43 202 34 4 6 11 23 5 275 110 72 75
Capital expenditures (10) (9) (7) (10) (5) (7) (9) (8) (9) (11) (12) (7) (13) (16) (20) (24) (21) (27) (20) (14) (10) (15) (15) (18) (13) (20) (17)
Purchases of intangible assets (18) (5) (34) (5) (15) (4) (6) (1) (1) (4) (1) (2) (7) (1) (1) (4)
Business combinations, net of cash acquired (164) (637) (26) (18) (26) (96) (65) (31) (123) (1,032) (201) (45) (1,006) (34)
Other investing activities (3) (5) (2) (6) (1) (8) (10) (1) (6) (17) (30) (2) (10) 8 (2) (1) (11) (44) (1) (1) (11) 1 2 8 (5) (1)
Net cash (used in) provided by investing activities 28 (226) (638) 22 (106) (188) (230) (59) (61) (54) 31 (296) (113) (146) (1,040) (227) (65) (34) (78) (15) (10) (3) (29) (750) 80 (88) 48
Proceeds from issuance of common stock, net of issuance costs 50 71 59 71 57 67 49 1 64 1 54 2 57 2 42 3 47 1 40 1 49
Taxes paid related to net share settlement of equity awards (36) (49) (123) (34) (33) (38) (82) (33) (35) (22) (70) (46) (86) (7) (55) (52) (65) (7) (33) (33) (49) (5) (26) (23) (68) (14) (39)
Repurchases of common stock (323) (111) (9) (65) (114) (104) (512) (207) (186) (251) (457) (596) (284) (47) (151) (152) (190) (7) (202) (181) (127) (46) (89) (32) (107) (133) (22)
Proceeds from debt, net of discount 997 499 500
Repayment of debt (350) (450) (150) (100) (125) (125)
Other financing activities (1) (7) (3) (4) (2)
Net cash provided by (used in) financing activities (309) (160) (61) (99) (88) (142) (523) (590) (164) (273) (460) (642) 669 (54) (142) (203) (201) (12) (630) 133 (234) (174) (192) 444 (135) (146) (12)
Effect of exchange rate changes on cash and cash equivalents (4) 6 (6) 6 (12) (8) 20 (19) (8) (15) (6) (2) (2) (3) 8 2 5 (4) 2 (2) (2) 5 (4) (7) (4)
Net increase (decrease) in cash and cash equivalents (76) (168) (211) 366 (188) (195) (38) 282 225 (78) (10) (221) 825 (849) 235 97 50 (385) 819 32 41 (3) 10 (20) (198) 15

Based on: 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-K (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-K (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30).


Net Income (Loss)
Net income has exhibited strong fluctuation over the periods, ranging from significant losses in early 2018 to pronounced gains in some quarters starting 2020. Notably, there is a sizeable increase in net income during 2021, peaking at 911 million USD in January, followed by generally high positive income trends thereafter, reaching values in the range of approximately 250 to 290 million USD in the latest quarters.
Depreciation, Amortization, and Accretion
Depreciation and amortization expenses have gradually increased from around 24 million USD in early 2018 to about 46-48 million USD by late 2024, reflecting a steady rise consistent with asset base growth or amortization schedules.
Stock-Based Compensation Expense
This expense has shown a continual upward trend, starting at 54 million USD in April 2018 and escalating to a peak of 197 million USD in July 2023, before a slight decrease but remaining elevated above 150 million USD through the latest period. The pattern suggests increased workforce compensation via equity incentives.
Deferred Income Taxes
Deferred income taxes fluctuated widely, with sharp negative values such as -792 million USD in January 2021, indicating potential tax asset write-offs or valuation allowances, followed by continued variability including some negative and positive values through 2024. This volatility reflects complex tax accounting impacts.
Lease-Related Asset Impairments
Lease-related impairments appeared only from 2021 onwards with peaks around 104 million USD in April 2021 and smaller amounts in subsequent quarters, suggesting nonrecurring charges related to lease assets.
Restructuring and Other Exit Costs
This category is mainly present in 2018 with smaller amounts and no activity beyond that period, implying past restructuring efforts succeeded and no recent related expenses were recorded.
Other Items
Other miscellaneous entries fluctuate between positive and negative values without a prolonged trend, reflecting normal operational variances.
Changes in Working Capital (Accounts Receivable, Prepaid Expenses, Accounts Payable, and Deferred Revenue)
Accounts Receivable
Exhibits large swings quarter to quarter, with both significant increases and decreases. Particularly sharp increases are noted around early 2023, suggesting aggressive revenue growth or collection timing shifts.
Prepaid Expenses and Other Assets
The values alternate between small increases and decreases without a sustained trend.
Accounts Payable and Other Liabilities
These also display high variability, sometimes large negative changes followed by positive, indicating fluctuating payables possibly driven by purchase cycles or payment timing.
Deferred Revenue
Deferred revenue changes are volatile, with large positive values in some quarters (e.g., 588 million USD in January 2019, 784 million USD in January 2023) showing strong customer prepayments or contract billings, balanced by significant negative values in other periods.
Net Cash Provided by Operating Activities
Operating cash flow shows a general upward movement, with some quarters experiencing substantial growth peaking at 911 million USD in January 2023. This indicates improved cash generation from core operations over the analyzed timeframe.
Investing Activities
Purchases of marketable securities increased significantly in magnitude from low-to-mid millions in early years to over 300 million USD outflows in some recent quarters, while sales and maturities fluctuate but show overall increasing activity. Business combinations are intermittent but include very large outflows, such as 1006 million USD in January 2019 and other sizeable transactions, indicating strategic acquisitions. Capital expenditures remain relatively stable at modest single-digit millions. Intangible asset purchases increased slightly in recent years.
Financing Activities
Financing cash flows have included large inflows related to debt proceeds in selected quarters (notably 500 million USD in late 2018 and 997 million USD in 2021). Significant repurchases of common stock are recorded, especially prominent during 2021 and 2022 with amounts ranging from around 150 to nearly 600 million USD in some quarters, reflecting active share repurchase programs. Issuances of common stock produce small to moderate inflows. Debt repayments occur in bursts and offset some proceeds. Overall, financing activities display periods of heavy stock repurchases and debt management.
Cash and Cash Equivalents Changes
Net changes in cash fluctuate widely from quarters with notable increases (for example, 819 million USD in January 2020, 825 million USD in October 2021) to quarters with sharp decreases such as -849 million USD in April 2021. The variability aligns closely with large financing and investing transactions, indicating substantial cash flow management dynamics.