1. Fourth quarter revenue grew 12% to $1.6 billion, strong financial results. 2. Autodesk initiates optimization of sales and marketing to meet customer needs. 3. Restructuring plan includes 9% workforce cut, costing $135-$150 million. 4. Strong growth in AECO product family, key focus in strategic areas. 5. Guidance for FY26 indicates robust revenue and cash flow expectations.
Despite restructuring, strong revenue growth and strategic focus indicate healthy performance.
Financial results and future guidance suggest stability and potential growth, impacting investor confidence.
The optimization phase and growth strategies suggest prolonged benefits to ADSK's performance.
Fourth quarter revenue grew 12 percent as reported and on a constant currency basis, to $1.6 billion. Autodesk initiates optimization phase of its sales and marketing plan; and reallocates internal resources to accelerate its strategic priorities.
Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the fourth quarter and full year of fiscal 2025. All growth rates are compared to the fourth quarter and full year of fiscal 2024, respectively, unless otherwise noted. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. For definitions, please view the Glossary of Terms later in this document.
"Autodesk is focused on the convergence of design and make in the cloud, enabled by platform, industry clouds, and AI. We are reallocating internal resources toward these critical areas and beginning the optimization of our go-to-market functions to better meet the evolving needs of our customers and channel partners," said Andrew Anagnost, Autodesk president and CEO. "We expect consistent growth momentum and disciplined execution, reinforced by persistent share repurchases, to deliver sustainable shareholder value over many years."
"The fourth quarter and full year fiscal 25 results are strong," said Janesh Moorjani, Autodesk CFO. "The completion of the new transaction model launch in the fourth quarter marked a significant milestone, and we have now initiated the optimization phase of our sales and marketing plan. Once our sales and marketing optimization is complete, we expect to deliver GAAP margins among the best in the industry."
Following a review of our business, Autodesk has announced today a worldwide restructuring plan that includes a reduction in force that will result in the termination of approximately 9 percent of our workforce, or approximately 1,350 employees, other exit costs, and facility reductions. We anticipate incurring total pre-tax restructuring charges of approximately $135 million to $150 million, a substantial majority of which would result in cash expenditures. For more information, please see our Current Report on Form 8-K filed with the SEC on February 27, 2025.
| Geographic Area | Revenue (in millions) | Change (%) |
|---|---|---|
| Americas | $730 | 11% |
| Europe, Middle East and Africa | $623 | 14% |
| Asia Pacific | $286 | 7% |
| Total Net Revenue | $1,639 | 12% |
The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties, some of which are set forth below under "Safe Harbor Statement." Autodesk's business outlook for the first quarter and full-year fiscal 2026 takes into consideration the current economic environment and foreign exchange currency rate environment.
Autodesk will host its fourth quarter conference call today at 5 p.m. ET. The live broadcast can be accessed at autodesk.com/investor. A transcript of the opening commentary will also be available following the conference call.
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