Autodesk Q2 Revenue Up 6% to $1.35B with $222M Profit

SAN FRANCISCO, CA, Aug 24, 2023 – Autodesk, Inc. reported financial results for the second quarter of fiscal 2024. This quarter’s revenue stood at $1,345M, 6% up compared to $1,269M of first quarter of fiscal 2024, with a profit of $222M.

Comparative analysis based on Autodesk’s financial results in the last 12 quarters (Result source Autodesk website)

Comparative analysis based on Autodesk’s financial results in the last 12 quarters (Result source Autodesk website)

“Augmented design, powered by Autodesk, will enable our customers to go further and faster to design and make a better world for all,” said Andrew Anagnost, Autodesk president and CEO. “We’ve been laying the foundation to build enterprise-level AI for years. We are building the future with focus, purpose, and optimism.”

“Our sustained momentum in the second quarter, and early expansion of some enterprise business agreements expected to renew later in the year, reduce the likelihood of our more cautious forecast scenarios,” said Debbie Clifford, CFO of Autodesk. “Given that, we are raising the lower end of our guidance ranges.”

A complete chart of the financial results is available here.

About Autodesk

Autodesk is changing how the world is designed and made. Their technology spans architecture, engineering, construction, product design, manufacturing, media and entertainment, empowering innovators everywhere to solve challenges big and small. From greener buildings to smarter products to more mesmerizing blockbusters, Autodesk software helps their customers to design and make a better world for all.

For more information, visit autodesk.com.