Autodesk Files 8-K on Financials

Ticker: ADSK · Form: 8-K · Filed: 2024-08-29T00:00:00.000Z

Sentiment: neutral

Topics: financial-reporting, 8-K

Related Tickers: ADSK

TL;DR

ADSK dropped an 8-K detailing financial results and operations.

AI Summary

Autodesk, Inc. filed an 8-K on August 29, 2024, reporting on its results of operations and financial condition. The filing also included Regulation FD disclosures and financial statements and exhibits. The company is incorporated in Delaware and headquartered in San Francisco, California.

Why It Matters

This 8-K filing provides investors with crucial updates on Autodesk's financial performance and operational status, impacting investment decisions.

Risk Assessment

Risk Level: low — This is a routine financial filing and does not indicate any immediate or significant risks.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing for Autodesk, Inc.?

The primary purpose is to report on Autodesk's results of operations and financial condition, along with Regulation FD disclosures and financial statements and exhibits.

On what date was this 8-K report filed?

The report was filed on August 29, 2024.

In which state is Autodesk, Inc. incorporated?

Autodesk, Inc. is incorporated in Delaware.

What is the address of Autodesk's principal executive offices?

The principal executive offices are located at One Market Street, Ste. 400, San Francisco, California.

What is the Commission File Number for Autodesk, Inc.?

The Commission File Number for Autodesk, Inc. is 000-14338.

Filing Stats: 2,319 words · 9 min read · ~8 pages · Grade level 13.7 · Accepted 2024-08-29 16:04:36

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On August 29, 2024, Autodesk, Inc. ("Autodesk" or the "Company") issued a press release reporting financial results for the second fiscal quarter ended July 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, and net revenue retention rate ("NR3"). 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 non-GAAP net earnings and historical and future non-GAAP net earnings per diluted share. For Autodesk's internal budgeting and resource allocation process and as a means to ev

01. Regulation FD Disclosures

Item 7.01. Regulation FD Disclosures. On August 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 Press release dated as of August 29, 2024 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: August 29, 2024

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