Autodesk delivered strong Q1 fiscal 2025 results with total revenue increasing 12% to $1.42 billion, driven by 10% growth in Design revenue and 20% growth in Make revenue. Operating margin improved to 21% GAAP and 35% non-GAAP, up 4 and 3 percentage points respectively. Diluted EPS reached $1.16 GAAP and $1.87 non-GAAP.The company maintained solid recurring revenue at 97% of total revenue, with subscription plan revenue growing 11% to $1.33 billion. Current remaining performance obligations increased 12% year-over-year to $3.92 billion, while net revenue retention rate remained within 100-110%. Cash flow from operations was $494 million with free cash flow of $487 million.Looking ahead, Autodesk provided Q2 guidance with revenue expected between $1.475-1.490 billion and full year fiscal 2025 revenue guidance of $5.99-6.09 billion, representing 9-11% growth. The company emphasized its leadership in 3D AI and industry clouds, aiming to achieve an industry-leading "Rule of Forty" ratio of 45 or more.

Autodesk delivered strong Q1 fiscal 2025 results with total revenue increasing 12% to $1.42 billion, driven by 10% growth in Design revenue and 20% growth in Make revenue. Operating margin improved to 21% GAAP and 35% non-GAAP, up 4 and 3 percentage points respectively. Diluted EPS reached $1.16 GAAP and $1.87 non-GAAP.The company maintained solid recurring revenue at 97% of total revenue, with subscription plan revenue growing 11% to $1.33 billion. Current remaining performance obligations increased 12% year-over-year to $3.92 billion, while net revenue retention rate remained within 100-110%. Cash flow from operations was $494 million with free cash flow of $487 million.Looking ahead, Autodesk provided Q2 guidance with revenue expected between $1.475-1.490 billion and full year fiscal 2025 revenue guidance of $5.99-6.09 billion, representing 9-11% growth. The company emphasized its leadership in 3D AI and industry clouds, aiming to achieve an industry-leading "Rule of Forty" ratio of 45 or more.