Autodesk (ADSK) Revenue — Quarter Ended Apr 30, 2023
Revenue for the quarter increased compared with the same quarter one year earlier, but declined from the immediately preceding quarter. The sequential decrease marks a reversal from the prior period's growth.
Key takeaway
Quarter ended Apr 30, 2023 · FY2024 Q1
Revenue for the quarter increased compared with the same quarter one year earlier, but declined from the immediately preceding quarter. The sequential decrease marks a reversal from the prior period's growth.
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
-3.7%
Change from the immediately preceding quarter.
Year-over-year
+8.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.1B
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 |
|---|---|---|
| Jul 31, 2022 | $1.2B | +16.7% |
| Oct 31, 2022 | $1.3B | +13.7% |
| Jan 31, 2023 | $1.3B | +8.8% |
| Apr 30, 2023 | $1.3B | +8.5% |
Revenue performance
Reported revenue was higher than the same quarter last year, reflecting continued year-over-year expansion. However, the quarter-over-quarter decline indicates a slowdown in the most recent period.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased. Compared with the same quarter one year earlier, revenue increased.
What to watch
The sequential revenue decline warrants attention, particularly given the prior quarters of consistent growth.