Autodesk (ADSK) financial statements
Autodesk reported revenue of $7.2B in fiscal 2026, up 15.1% a year over 9 years.
Net income was $1.1B and the operating margin 21.9%, against -24.6% in 2017.
Free cash flow was $2.4B, and the company returned $1.4B in net buybacks.
The diluted share count fell 3% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Autodesk's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0B | $2.1B | $2.6B | $3.3B | $3.8B | $4.4B | $5.0B | $5.5B | $6.1B | $7.2B |
| Cost of revenue | $342M | $303M | $286M | $325M | $337M | $418M | $480M | $511M | $578M | $650M |
| Gross profit | $1.7B | $1.8B | $2.3B | $2.9B | $3.5B | $4.0B | $4.5B | $5.0B | $5.6B | $6.6B |
| Research and development | $766M | $756M | $725M | $851M | $932M | $1.1B | $1.2B | $1.4B | $1.5B | $1.6B |
| Selling, general and admin | $1.3B | $1.4B | $1.5B | $1.7B | $1.9B | $2.2B | $2.3B | $2.4B | $2.6B | $3.1B |
| Operating income | -$500M | -$509M | -$25M | $343M | $629M | $618M | $989M | $1.1B | $1.4B | $1.6B |
| Interest expense | — | — | — | — | — | — | $83M | $71M | $71M | $80M |
| Pre-tax income | -$524M | -$557M | -$43M | $295M | $547M | $565M | $946M | $1.1B | $1.4B | $1.6B |
| Income tax | $58M | $10M | $38M | $80M | -$661M | $68M | $123M | $230M | $272M | $479M |
| Net income | -$582M | -$567M | -$81M | $214M | $1.2B | $497M | $823M | $906M | $1.1B | $1.1B |
| EPS (diluted) | -$2.61 | -$2.58 | -$0.37 | $0.96 | $5.44 | $2.24 | $3.78 | $4.19 | $5.12 | $5.23 |
| Diluted shares | 223M | 220M | 219M | 222M | 222M | 222M | 218M | 216M | 217M | 215M |
| Gross margin | 83.2% | 85.2% | 88.9% | 90.1% | 91.1% | 90.5% | 90.4% | 90.7% | 90.6% | 91.0% |
| Operating margin | -24.6% | -24.8% | -1.0% | 10.5% | 16.6% | 14.1% | 19.8% | 20.5% | 22.1% | 21.9% |
| Net margin | -28.7% | -27.6% | -3.1% | 6.6% | 31.9% | 11.3% | 16.4% | 16.5% | 18.1% | 15.6% |
Balance sheet
Fiscal years, from Autodesk's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $1.9B | $1.3B | $954M | $1.8B | $1.8B | $1.8B | $2.1B | $2.2B | $1.9B | $2.6B |
| Receivables | $452M | $438M | $474M | $652M | $643M | $716M | $961M | $876M | $1.0B | $1.4B |
| Total current assets | $2.5B | $1.9B | $1.6B | $2.7B | $2.6B | $2.8B | $3.3B | $3.6B | $3.5B | $4.9B |
| Property, plant and equipment | $159M | $145M | $150M | $162M | $193M | $162M | $144M | $121M | $117M | $121M |
| Goodwill | $1.6B | $1.6B | $2.5B | $2.4B | $2.7B | $3.6B | $3.6B | $3.7B | $4.2B | $4.3B |
| Total assets | $4.8B | $4.1B | $4.7B | $6.2B | $7.3B | $8.6B | $9.4B | $9.9B | $10.8B | $12.5B |
| Total current liabilities | $2.2B | $2.1B | $2.3B | $3.2B | $3.3B | $4.0B | $4.0B | $4.4B | $5.2B | $5.8B |
| Total liabilities | $4.1B | $4.4B | $4.9B | $6.3B | $6.3B | $7.8B | $8.3B | $8.1B | $8.2B | $9.4B |
| Shareholders' equity | $734M | -$256M | -$211M | -$139M | $965M | $849M | $1.1B | $1.9B | $2.6B | $3.0B |
| Net debt | -$1.2B | -$1.1B | -$886M | -$1.8B | -$1.8B | -$1.5B | -$1.9B | -$1.9B | -$1.6B | -$2.2B |
Cash flow
Fiscal years, from Autodesk's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $170M | $900,000 | $377M | $1.4B | $1.4B | $1.5B | $2.1B | $1.3B | $1.6B | $2.5B |
| Capital spending | $76M | $51M | $67M | $53M | $91M | $56M | $40M | $31M | $40M | $43M |
| Free cash flow | $94M | -$50M | $310M | $1.4B | $1.3B | $1.5B | $2.0B | $1.3B | $1.6B | $2.4B |
| Stock-based compensation | $222M | $261M | $250M | $362M | $398M | $555M | $657M | $703M | $683M | $788M |
| Dividends paid | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Share buybacks (net) | -$622M | -$699M | -$294M | -$442M | -$552M | -$1.1B | -$1.1B | -$795M | -$852M | -$1.4B |
| Net borrowing | $0 | $497M | $500M | $499M | $0 | $997M | $0 | $0 | $0 | $499M |
| Free cash flow margin | 4.6% | -2.4% | 12.1% | 41.6% | 35.5% | 33.6% | 40.6% | 23.3% | 25.6% | 33.4% |
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Open ADSK in InvestinglyQuestions
What was Autodesk's revenue in 2026?
$7.2B in fiscal 2026, from its 10-K filing.
How much free cash flow does Autodesk generate?
$2.4B in fiscal 2026 (operating cash flow minus capital spending).
From Autodesk's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.