SAN RAFAEL, CA, May 28, 2020 – Autodesk, Inc. reported financial results for the first quarter of fiscal 2021. This quarter’s revenue stood at $885.7M, 1.4% down compared to $899.3M of fourth quarter of fiscal 2020, with a profit of $66.5M.

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)

“We posted solid first quarter results,” said Andrew Anagnost, Autodesk president and CEO. “Our ability to succeed through challenging times is driven by our people, products, and technology and how they adapt to a rapidly changing world. Our priorities in light of COVID-19 have been the well-being of our employees, the support of our customers, and the health of the communities we work in. I’m very proud of the impact we’ve made thanks to all the Autodesk employees who have embraced these efforts at every level. We have also maintained our focus on long-term opportunities and remain confident in our growth drivers and fiscal 2023 targets.”

“Our resilient business model, backed by a strong balance sheet, gives us a sturdy foundation to weather ongoing economic challenges,” said Scott Herren, Autodesk CFO. “We posted strong revenue growth and continued to expand operating margin. Our investments in monetizing non-compliant users, construction and manufacturing will enable us to deliver double-digit growth in the near term as well as our long-term goals.”

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.