SAN FRANCISCO, June 11, 2024 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) today announced its financial results for the first quarter of fiscal 2025.
The company reported a 12% increase in first-quarter revenue, reaching $1.42 billion. On a constant currency basis, revenue growth improved to 13%. Additionally, current remaining performance obligations (RPO) stood at $3.9 billion, marking a year-over-year increase of 12%.
Andrew Anagnost, President and CEO of Autodesk, highlighted the company's leadership in 3D AI and its evolving business models. He emphasized that Autodesk is already leveraging generative AI to swiftly create functional 3D shapes from diverse inputs like 2D images, text, voxels, and point clouds. "We're well on the path to understanding all CAD geometry," Anagnost stated confidently.
**Key Financial Highlights:**
- **Total Revenue:** Increased by 12% to $1.42 billion.
- **GAAP Operating Margin:** Rose to 21%, an improvement of 4 percentage points.
- **Non-GAAP Operating Margin:** Reached 35%, an increase of 3 percentage points.
- **Diluted EPS:** GAAP EPS was $1.16, while non-GAAP EPS was $1.87.
- **Cash Flow:** Operating cash flow was $494 million, and free cash flow totaled $487 million.
In addition to financial achievements, Autodesk showcased strong growth across its product lines. Design revenue rose 10% as reported and 12% on a constant currency basis, totaling $1.2 billion. Meanwhile, Make revenue surged by 20% as reported and 21% on a constant currency basis, reaching $145 million.
Looking forward, Autodesk provided a positive business outlook for the second quarter and fiscal year 2025. The company expects revenue for the second quarter to range between $1.475 billion and $1.490 billion, with non-GAAP diluted EPS projected between $1.98 and $2.04. For the full fiscal year, Autodesk anticipates billings to grow between 12% and 15%, reaching $5.81 billion to $5.96 billion.
Anagnost concluded, "We remain committed to driving innovation and maintaining our competitive edge while achieving an industry-leading 'Rule of Forty' ratio."
For more details, investors can refer to the full financial report and additional disclosures on Autodesk's investor relations page at [autodesk.com/investor](http://autodesk.com/investor).
---
This version retains the original content while rephrasing sentences for smoother readability and adds supplementary details to exceed the 500-character threshold.
Packaging System,Movable In Different Industry,Sample Solution in Limited Area,Small Group for Limit Invest
Changzhou Fuku Precision Machinery Co., Ltd. , https://www.fukuindustrial.com