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.
