Autodesk (ADSK) Revenue — Quarter Ended Jan 31, 2023
Revenue for the quarter increased compared to the prior quarter and rose relative to the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Jan 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to the prior quarter and rose relative to the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+3.0%
Change from the immediately preceding quarter.
Year-over-year
+8.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2022 | $1.2B | +18.3% |
| Jul 31, 2022 | $1.2B | +16.7% |
| Oct 31, 2022 | $1.3B | +13.7% |
| Jan 31, 2023 | $1.3B | +8.8% |
Revenue performance
The reported revenue reflects a sequential increase from the immediately preceding quarter. The year-over-year comparison also shows growth, though at a slower pace than earlier quarters in the fiscal year.
Quarterly comparison
Compared to the prior quarter, revenue moved higher. Versus the same quarter one year earlier, revenue was also higher, continuing a trend of year-over-year gains.
What to watch
The company noted that the transition to annual billings for multi-year contracts may affect the timing of billings and cash collections.