Autodesk (ADSK) Q4 2025 10-Q Quarterly Report

Filed: Nov 26, 2025Period ending Oct 31, 2025
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Autodesk (ADSK) 10-Q quarterly report for Q4 2025, filed with SEC EDGAR on Nov 26, 2025 for the fiscal period ending Oct 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Autodesk Q4 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $1.85B for Q3 FY2025, up 18% YoY from $1.57B Q3 FY2024; nine months $5.25B, up 17% from $4.49B prior year
  • Non-GAAP operating margin 37.9% vs 36.1% YoY for Q3; nine months non-GAAP net income $1.63B vs $1.34B prior year
  • Best segment AECO with nine-month revenue $2.61B, up from $2.14B; worst indirect sales channel down 31% to $591M Q3
  • Cash, cash equivalents & marketable securities $2.59B; operating cash flow $1.46B for nine months vs $915M prior year; repurchased 3M shares for $1.07B
  • Management anticipates increased marketing and R&D expenses, slightly lower G&A, ongoing risks from inflation, labor shortages, geopolitical uncertainty, and FX fluctuations

Risk Factors

  • New risk: 2026 restructuring plan launched in Q1 FY26 to optimize go-to-market and invest in cloud, platform, AI, with cost savings and disruption risks
  • Most material update: Audit Committee investigation on cash flow and margin practices closed in 2025 with SEC and USAO, but ongoing litigation and potential future inquiries remain
  • Regulatory risk: EU AI Act effective March 2024 imposes obligations on AI providers, raising compliance costs and potential liabilities from AI ethical and legal issues
  • Operational risk: Security breaches, heightened by AI use and geopolitical cyber threats including Ukraine-Russia and Israel-Hamas conflicts, could cause reputational and financial harm
  • Financial risk: $2.50B debt with maturities 2027–2035 plus $1.5B credit facility entered May 2025, with covenants that could be restrictive on refinancing and increase interest if downgraded

Autodesk Q4 2025 Quarterly Financials
XBRL

Revenue

$1.9B

+18.0% YoY +5.1% QoQ

Net Income

$343M

+24.7% YoY +9.6% QoQ

Gross Margin

91.1%

+46bp YoY +11bp QoQ

Operating Margin

25.4%

+333bp YoY +18bp QoQ

Net Margin

18.5%

+99bp YoY +76bp QoQ

ROE

11.9%

+134bp YoY

Total Assets

$11.2B

+10.5% YoY

EPS (Diluted)

$1.61

+26.8% YoY +11.0% QoQ

Operating Cash Flow

$439M

+110.0% YoY -4.6% QoQ

Source: XBRL data from Autodesk Q4 2025 10-Q filing on SEC EDGAR. All figures in USD.

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