Autodesk (ADSK) 10-K Summary — Year Ended Jan 31, 2026
Autodesk reported a year of strong financial performance with revenue growth and solid profitability. The company continues to invest in cloud-based products and subscription models while facing various macroeconomic uncertainties.
Key takeaway
Year ended Jan 31, 2026 · FY2026 10-K
Autodesk reported a year of strong financial performance with revenue growth and solid profitability. The company continues to invest in cloud-based products and subscription models while facing various macroeconomic uncertainties.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$7.2B
Revenue reported for the fiscal year.
Operating income
$1.6B
Income from operations reported for the year.
Net income
$1.1B
Net income reported for the year.
Operating cash flow
$2.5B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2023 | $5B | +14.1% |
| Jan 31, 2024 | $5.5B | +9.8% |
| Jan 31, 2025 | $6.1B | +11.5% |
| Jan 31, 2026 | $7.2B | +17.5% |
Business overview
Autodesk provides cloud-based design software and operates under a subscription business model. The company's strategy focuses on expanding its cloud offerings and subscription revenue.
Financial performance
Revenue grew compared to the prior year, driven by continued adoption of cloud and subscription offerings. Operating income and net income remained positive, and operating cash flow was robust. The company's financial performance reflects its successful transition to a subscription model.
Material risks
Material risks include supply chain disruptions, inflationary pressures, higher interest rates, a global labor shortage, and geopolitical conflicts. Economic and regulatory uncertainty, potential trade wars, and foreign exchange fluctuations also pose challenges. Additionally, the transition to annual billings for multi-year contracts may affect the timing of cash collections.
Liquidity and capital
The company maintains a strong balance sheet and generates substantial operating cash flow. However, the shift to annual billings for multi-year contracts is expected to alter the timing of billings and cash collections.
What to watch
Monitor the impact of the ongoing transition to annual billings for multi-year contracts on cash flow timing in the next filing.