Autodesk, Inc. (NASDAQ: ADSK) reported financial results for the fourth quarter of fiscal 2021.
Autodesk’s Total revenue was $1.04 billion, an increase of 16 percent as reported and on a constant currency basis. Recurring revenue represents 94 percent of the total.
Autodesk’s Total revenue was $3.79 billion, an increase of 16 percent as reported, and 17 percent on a constant currency basis. Recurring revenue represents 97 percent of the total.
Total billings decreased 1 percent to $1.47 billion.
Autodesk’s Design revenue was $899 million, an increase of 13 percent as reported, and 14 percent on a constant currency basis. On a sequential basis, Design revenue increased 6 percent as reported and on a constant currency basis.
Make revenue was $82 million, an increase of 28 percent as reported, and 27 percent on a constant currency basis. On a sequential basis, Make revenue increased 7 percent as reported, and 6 percent on a constant currency basis.
Autodesk’s Subscription plan revenue was $950 million, an increase of 22 percent as reported and on a constant currency basis. On a sequential basis, subscription plan revenue increased 7 percent as reported and on a constant currency basis.
Maintenance plan revenue was $30 million, a decrease of 62 percent as reported, and 61 percent on a constant currency basis. On a sequential basis, maintenance plan revenue decreased 24 percent as reported, and 22 percent on a constant currency basis.
Source: https://investors.autodesk.com/investor-relations
Maya Grinberg is a careers Reporter for Tech News vision make it. Prior to joining Tech News Vision, she worked as a fiction stories and a freelancer for magazine, where she eventually worked her way up to careers editor. During this time, she created daily content for own website and worked with the research team to create content. she developed some own Newswebsite.
