Autodesk Q3 Revenue Up 6% to $1.13B with $137M Profit

SAN FRANCISCO, CA, Nov 24, 2021 – Autodesk, Inc. reported financial results for the third quarter of fiscal 2022. This quarter’s revenue stood at $1125.8M, 6.2% up compared to $1,059.7M of second quarter of fiscal 2022, with a profit of $136.7M.

Comparative analysis based on Autodesk’s financial results in the last 12 quarters (Result source Autodesk website)

Comparative analysis based on Autodesk’s financial results in the last 12 quarters (Result source Autodesk website)

“Our customers continue to embrace and prioritize digital transformation to drive growth, efficiency and sustainability, generating strong demand for Autodesk’s platform,” said Andrew Anagnost, Autodesk president and CEO. “We are rapidly innovating and optimizing our business to enable more customers to experience our ecosystem, and realize the opportunities ahead.”

“Demand was robust in Q3, driving strong new subscriptions growth and renewal rates. We expect it to remain so in Q4,” said Debbie Clifford, Autodesk CFO. “However, supply chain disruption and resulting inflationary pressures, a global labor shortage, and the ebb and flow of COVID, are impacting the pace of our recovery and outlook.”

A complete chart of the financial results is available here.

About Autodesk

Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with their software. Autodesk gives you the power to make anything.

For more information, visit autodesk.com.