Autodesk Files 8-K on Financial Results and Operations

Ticker: ADSK · Form: 8-K · Filed: 2024-02-29T00:00:00.000Z

Sentiment: neutral

Topics: financial-results, regulation-fd, corporate-filing

Related Tickers: ADSK

TL;DR

**Autodesk just dropped an 8-K on Feb 29, 2024, covering their latest financial results and operations.**

AI Summary

Autodesk, Inc. filed an 8-K on February 29, 2024, to report on its results of operations and financial condition, as well as for Regulation FD Disclosure and to include financial statements and exhibits. The filing indicates that the earliest event reported was also on February 29, 2024. This report was filed under the Securities Exchange Act of 1934.

Why It Matters

This filing provides an update on Autodesk's financial performance and operational status, offering transparency to investors and the market regarding the company's health.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and operations, not indicating any immediate new risks.

Key Players & Entities

FAQ

What was the date of the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on February 29, 2024.

What items of information were included in this 8-K filing by Autodesk, Inc.?

The 8-K filing included information on Results of Operations and Financial Condition, Regulation FD Disclosure, and Financial Statements and Exhibits.

Under which Act was this current report filed?

This current report was filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.

What is the business address of Autodesk, Inc. as stated in the filing?

The business address of Autodesk, Inc. is One Market Street, Ste. 400, San Francisco, California 94105.

What is the Central Index Key (CIK) for Autodesk, Inc.?

The Central Index Key (CIK) for Autodesk, Inc. is 0000769397.

Filing Stats: 2,330 words · 9 min read · ~8 pages · Grade level 13.9 · Accepted 2024-02-29 16:06:42

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On February 29, 2024, Autodesk, Inc. ("Autodesk" or the "Company") issued a press release reporting financial results for the fourth quarter ended January 31, 2024. The press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. The exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Key Performance Metrics In order to help better understand Autodesk's financial performance, Autodesk uses several key performance metrics including billings, recurring revenue, net revenue retention rate ("NR3"), and subscriptions. These metrics are key performance metrics and should be viewed independently of revenue and deferred revenue as these metrics are not intended to be combined with those items. Autodesk uses these metrics to monitor the strength of its recurring business. Autodesk believes these metrics are useful to investors because they can help in monitoring the long-term health of Autodesk's business. Autodesk's determination and presentation of these metrics may differ from that of other companies. The presentation of these metrics is meant to be considered in addition to, not as a substitute for or in isolation from, Autodesk financial measures prepared in accordance with GAAP. Non-GAAP Financial Measures To supplement Autodesk's condensed consolidated financial statements presented on a GAAP basis, the press release furnished herewith as Exhibit 99.1 provides investors with certain non-GAAP measures, including but not limited to historical and future non-GAAP operating margin, non-GAAP income from operations, non-GAAP free cash flow, and non-GAAP diluted net income per share. For Autodesk's internal

01. Regulation FD Disclosures

Item 7.01. Regulation FD Disclosures On February 29, 2024, Autodesk posted supplemental investor materials on its investors.autodesk.com website. Autodesk uses its investors.autodesk.com website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor Autodesk's investor relations website in addition to following Autodesk's press releases, SEC filings and public conference calls and webcasts. The information in this current report on Form 8-K and the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Earnings press release dated as of February 2 9 , 20 24 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AUTODESK, INC. By: /s/ STEPHEN W. HOPE Stephen W. Hope Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) Date: February 29, 2024

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