$49 per month*
Become a smarter investor today.
Become a smarter investor today.
This statistic highlights AutoDesk’s Recurring Revenue from Q4 2019 onwards, reported a quarterly basis.
Autodesk is a global leader in 3D design, engineering, and entertainment software and services, providing customers with powerful technology products and services that help them run their businesses more efficiently. They work with clients in the fields of architecture, engineering, and construction, as well as product design and manufacturing, and digital media and entertainment. Their corporate headquarters are in San Rafael, California, and their executive offices are in San Francisco, California.
The portion of a company’s revenue that is expected to continue in the future is known as recurring revenue. These revenues, unlike one-time sales, are predictable, stable, and can be counted on to occur at regular intervals in the future with a high degree of certainty. Businesses, investors, and analysts pay close attention to the revenue reported on a company’s income statement. Because all expenses and taxes are subtracted from revenues to arrive at net income, the top line determines the bottom line, or profit.
One-time sales or a stream of expected periodic sales can be used to generate revenue. The latter, also known as recurring revenue, is critical for businesses that want to ensure a steady and predictable revenue stream. Companies that receive monthly payments from customers who are locked into long-term contracts that last longer than the current accounting period are examples, as are big name brands that can reasonably expect their popular, market-leading products to remain at the top of consumer shopping lists for years to come.
AutoDesk’s Recurring Revenue
|Period||Q4 2019||Q1 2020||Q2 2020||Q3 2020||Q4 2020||Q1 2021||Q2 2021||Q3 2021||Q4 2021||Q1 2022||Q2 2022|
(All figures in billions)
The recurring revenue of AutoDesk has increased by 50% from $0.69 billion in Q4 2019 to $1.03 billion in Q2 2022. The recurring revenue showed a rising trend from Q4 2019 to Q4 2021. In this period, the metric remained in a range of $0.69 to $0.98 billion. Between three quarters: Q4 2020, Q1 2021, and Q2 2021, the Recurring Revenue varied in a close range of $0.86 billion to $0.89 billion.
However, the percentage growth varied from 0.9% in Q1 2021 to 8.4% in Q2 2020. Q1 2022 witnessed a dip of 1.4% as the recurring revenue was recorded to be $0.97 billion. This was followed by a rise of 6.9% as the recurring revenue increased to $1.03 billion in Q2 2020.
Overall, we can say that AutoDesk’s Recurring Revenue has been in an uptrend between Q4 2019 and the latest quarter of 2022. With subtle variations in between, the company has still managed to drive the revenue higher and higher, finally touching the 1 billion mark in the latest quarter.
Autodesk is a US based multinational software company. Their technology is used in architecture, engineering, construction, product design, manufacturing, media, and entertainment, allowing innovators to solve problems- big and small, all over the world. The Autodesk software helps customers design and create a better world for everyone, from greener buildings to smarter products to more mesmerising blockbusters.
Autodesk softwares such as AutoCAD, Revit, Maya, 3ds Max, Fusion 360, SketchBook, and others are used by over 100 million people to unleash their creativity and solve important design, business, and environmental challenges. By visualising, simulating, and analysing real-world performance early in the design process, their customers can design, fabricate, manufacture, and build anything. AutoDesk’s customers can use these capabilities to foster innovation, streamline manufacturing and construction processes, save time and money, improve quality, deliver more sustainable outcomes, communicate plans, and collaborate with others. Their professional software is sold both directly to customers and through a network of resellers and distributors around the world. Their software runs on both personal computers and mobile devices, and it uses the cloud’s infinite computing power to help teams all over the world collaborate, design, simulate, and fabricate 3D models. Autodesk is revolutionising the way the world is designed and built.
Did you like AutoDesk’s Recurring Revenue statistic?
Access more such key performance indicator (KPI) data points, on thousands of US stocks, with Business Quant.
You can get started here.
Always know what you’ll pay. No hidden costs or surprises.
* Billed annually, local taxes extra.
* Local taxes extra.