While Design continues to account for the majority of Autodesk’s income, its growth during the quarter was actually slightly outpaced by that of Make, which saw a 21% increase in revenue over the same period. The company’s Design arm, including its maintenance, product subscriptions and EBAs, as well as its AutoCAD sales, generated $1.05 billion in Q4 2022, a 17% rise on the $899 million reported in Q4 2021. Image via Autodesk.Īutodesk still reports its financials under its traditional Subscription and Maintenance Plan segments, but as of FY 2021, it has also begun splitting its earnings into ‘Design’ and ‘Make’ divisions. “With consistent investment in technology and talent, and the evolution of our business model and customer experience, I’m excited and optimistic about Autodesk’s future.” Autodesk CFO Debbie Clifford has credited its Q4 revenue growth to its strong client renewal rate. “By delivering greater value to our customers through the cloud and leading them to new ways of working, we are building enduring partnerships and shared growth,” said Andrew Anagnost, President and CEO of Autodesk. 3D design software developer Autodesk (ADSK) has projected double-digit growth for the coming financial year after reporting a 16% rise in revenue during Q4 2022.Īutodesk’s revenue results, which are unusually published across financial years, show that in the three months up to January 31, 2022, it generated $1.21 billion, a 16% increase on the $1.04 billion it brought in throughout Q4 2021.Īccording to Autodesk’s CFO Debbie Clifford, this improvement was primarily driven by “robust renewal rates, strong growth in subscriptions and rapidly expanding digital sales,” with its AutoCAD program performing particularly well during Q4 2022, bringing in $345 million, 20% more than the $287 million it attracted over Q4 2021.
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