Autodesk Reports 18% Revenue Growth to $1.85 Billion in Latest Quarter

Autodesk, Inc. reported significant financial growth in its latest quarterly results, with total net revenue reaching $1.85 billion for the three months ended October 31, 2025, an 18% increase compared to $1.57 billion in the same period last year. For the nine months ending October 31, 2025, revenue rose to $5.25 billion, up 17% from $4.49 billion in the prior year. The company's subscription revenue, which includes cloud services and enterprise business agreements, was a key driver, increasing by 19% to $1.73 billion in the third quarter and by 17% to $4.92 billion for the nine-month period.

In terms of profitability, Autodesk reported a net income of $343 million for the third quarter, up from $275 million a year earlier, resulting in a diluted net income per share of $1.60, compared to $1.27 in the previous year. For the nine-month period, net income was $808 million, slightly down from $809 million in the prior year. The company’s gross profit for the third quarter was $1.69 billion, yielding a gross margin of 91%, while operating income was $470 million, reflecting a 25% operating margin.

Strategically, Autodesk has focused on enhancing its product offerings and expanding its market presence. The company completed the acquisition of Payapps Limited, a cloud-based software platform for managing construction-related payments, which is expected to enhance its Autodesk Construction Cloud services. Additionally, Autodesk has been transitioning to a new transaction model that allows for direct sales to customers, which has resulted in a significant increase in direct revenue, accounting for approximately 66% of total revenue in the latest quarter.

Operationally, Autodesk reported a remaining performance obligation of $7.36 billion as of October 31, 2025, a 6% increase from the previous quarter, indicating strong future revenue potential. The company also noted a net revenue retention rate above 110%, reflecting robust customer engagement and satisfaction. The total number of customers and user statistics were not disclosed, but the company emphasized its commitment to expanding its global reach and enhancing product adoption rates across various industries.

Looking ahead, Autodesk anticipates continued growth driven by its cloud offerings and subscription services, despite potential challenges from global economic conditions and market fluctuations. The company expects to maintain its focus on innovation and customer experience, aiming to leverage its strategic investments in technology and acquisitions to drive long-term value.