Autodesk Sees Q3 EPS $2.08-$2.14 Vs $2.12 Est.; Revenue $1.555B-$1.570B Vs $1.54B Est.; FY25 EPS $8.18-$8.31 Vs $8.12 Est.; Revenue $6.08B-$6.13B Vs $6.05B Est.
Autodesk Sees Q3 EPS $2.08-$2.14 Vs $2.12 Est.; Revenue $1.555B-$1.570B Vs $1.54B Est.; FY25 EPS $8.18-$8.31 Vs $8.12 Est.; Revenue $6.08B-$6.13B Vs $6.05B Est.
Business Outlook
業務展望
The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties, some of which are set forth below under "Safe Harbor Statement." Autodesk's business outlook for the third quarter and full-year fiscal 2025 considers the current economic environment and foreign exchange currency rate environment. A reconciliation between the fiscal 2025 GAAP and non-GAAP estimates is provided below or in the tables following this press release.
下列內容是基於當前預期和假設的前瞻性陳述，涉及風險和不確定性，其中一部分在下面的「安全港聲明」中說明。Autodesk對2025財年第三季度和全年的業務展望考慮了當前經濟環境和匯率期貨環境。在本新聞稿之後的表格中提供了2025財年按GAAP和非GAAP估計的調和表格。
Third Quarter Fiscal 2025
2025財年第三季度
| Q3 FY25 Guidance Metrics |
Q3 FY25 (ending October 31, 2024) |
| Revenue (in millions) | $1,555 - $1,570 |
| EPS GAAP | $1.21 - $1.27 |
| EPS non-GAAP (1) | $2.08 - $2.14 |
| 2024財年第三季度指南數據 | 2025財年第三季 （截至2024年10月31日） |
| 營業收入（百萬美元） | $1,555 - $1,570 |
| GAAP每股收益 $4.71 - $4.93 | 1.21美元 - 1.27美元 |
| EPS非GAAP（1） | 2.08美元 - 2.14美元 |
| ____________________ |
| (1) Non-GAAP earnings per diluted share excludes $0.83 related to stock-based compensation expense, $0.16 for the amortization of both purchased intangibles and developed technologies, and $0.05 for acquisition-related costs, partially offset by ($0.17) related to GAAP-only tax charges. |
| ____________________ |
| （1）非GAAP每股攤薄收益不含0.83美元的股權酬勞費用，以及購買無形資產和開發技術的攤銷0.16美元，以及收購相關費用0.05美元，部分抵消了（0.17）美元的僅適用於GAAP的稅務費用。 |
Full Year Fiscal 2025
財年2025全年
| FY25 Guidance Metrics |
FY25 (ending January 31, 2025) |
| Billings (in millions) | $5,880 - $5,980 Up 13% - 15% |
| Revenue (in millions) (1) | $6,080 - $6,130 Up approx. 11% |
| GAAP operating margin | 21% - 22% |
| Non-GAAP operating margin (2) | 35% - 36% |
| EPS GAAP | $4.88 - $5.01 |
| EPS non-GAAP (3) | $8.18 - $8.31 |
| Free cash flow (in millions) (4) | $1,450 - $1,500 |
| FY25指導數據 | FY25 (截至2025年1月31日) |
| 賬單（以百萬計） | 5,880 - 5,980美元 增長13% - 15% |
| 營業收入（以百萬計）（1） $5,990 - $6,090 增長9% - 11% 21% - 22% （2）非GAAP營業利潤率 35% - 36% GAAP每股收益 $4.71 - $4.93 （3）非GAAP每股收益 $7.99 - $8.21 自由現金流（以百萬計）（4） $1,430 - $1,500 （1）不考慮外匯匯率和套期保值損益的影響，營收指導範圍將增加約1個百分點。 （2）非GAAP營業利潤率排除與股票-based補償費用相關的約11％，與購買的無形資產和開發技術的約2％的攤銷以及與收購相關的約1％的費用。 （3）非GAAP攤薄每股收益排除與股票-based補償費用相關的$3.16，購買的無形資產和開發技術的$0.57以及與收購相關的$0.20，部分抵消了與僅適用於GAAP的稅收有關的（$0.65）。 （4）自由現金流是從運營活動中產生的現金流減去約$30百萬的資本支出。 第二季度和2025財年全年展望假定GAAP和非GAAP結果的預計年有效稅率分別爲21％和19％。地理盈利能力的變化繼續影響年度有效稅率，原因是各個司法管轄區的稅率存在顯着差異。因此，年度有效稅率的假設定期進行評估，並可能基於收益的預計地理組合而發生變化。 | 6,080 - 6,130美元 大約增長11% |
| 營業利潤率 | 21%-22% |
| 非公認會計原則下的營業利潤率 (2) | 35%-36% |
| GAAP每股收益 $4.71 - $4.93 | 4.88 - 5.01 |
| 非GAAP每股收益 $7.99 - $8.21 | 8.18 - 8.31 |
| 自由現金流（以百萬計）（4） $1,430 - $1,500 | $1,450 - $1,500 |
| ____________________ |
| (1) Excluding the impact of foreign currency exchange rates and hedge gains/losses, revenue guidance range would be approximately 1 percentage point higher. |
| (2) Non-GAAP operating margin excludes approximately 11% related to stock-based compensation expense, approximately 2% for the amortization of both purchased intangibles and developed technologies, and approximately 1% related to acquisition-related costs. |
| (3) Non-GAAP earnings per diluted share excludes $3.14 related to stock-based compensation expense, $0.60 for the amortization of both purchased intangibles and developed technologies, $0.22 related to acquisition-related costs, and $0.03 related to losses on strategic investments, partially offset by ($0.69) related to GAAP-only tax charges. |
| (4) Free cash flow is cash flow from operating activities less approximately $30 million of capital expenditures. |
| ____________________ |
| （1）不考慮外匯匯率和套期保值損益的影響，營收指導範圍將增加約1個百分點。 |
| (2) Non-GAAP營業利潤率不包括約11%的與股權補償費用相關的費用，約2%的購買無形資產和開發技術攤銷費用，以及約1%的收購相關費用。 |
| (3) 非GAAP每股攤薄收益不包括$3.14的與股權補償費用相關的費用，$0.60的購買無形資產和開發技術攤銷費用，$0.22的收購相關費用，以及$0.03的戰略投資損失，但部分抵消了($0.69)的與僅適用於GAAP的稅費。 |
| 自由現金流是從運營活動中產生的現金流減去約$30百萬的資本支出。 |
The third quarter and full-year fiscal 2025 outlook assume a projected annual effective tax rate of 20 percent and 19 percent for GAAP and non-GAAP results, respectively. Shifts in geographic profitability continue to impact the annual effective tax rate due to significant differences in tax rates in various jurisdictions. Therefore, assumptions for the annual effective tax rate are evaluated regularly and may change based on the projected geographic mix of earnings.
第三季度和2025財年全年展望假設GAAP和非GAAP結果的年度有效稅率分別爲20%和19%。地理盈利能力的變化繼續影響年度有效稅率，因爲各個司法管轄區的稅率存在顯著差異。因此，年度有效稅率的假設會定期進行評估，並可能根據預計的地理收益構成而變化。