Autodesk, Inc. (ADSK)财务
NASDAQ · Technology · Software - Application · 员工14,300人 · CEO Andrew Anagnost
- 股价
- $249.61 +3.26%
- 市值
- $522亿
- 企业价值
- $518亿
- 最近财报
- Q2 '27 2026-08-28提交
- 下次财报
- 2026-11-24 EPS预期 $3.07
营收(TTM)$77.9亿+17.9% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)27.5%+4.6 百分点 对比去年同期营业利润 $21.5亿
净利润(TTM)$16.4亿+57.4% 对比去年同期税后,含营业外收益
自由现金流(TTM)$28.3亿+50.3% 对比去年同期资本支出 $6400万
稀释EPS(TTM)$7.73+60.0% 对比去年同期最近4个季度之和
净现金$4.5亿+190.4% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $522亿 EV $518亿
- 营收
- $77.9亿 过去12个月
- 营收增速
- +16% FY2027年一致预期
- 净利润率
- 21.1% 净利润 / 营收,TTM
- P/E
- 32.1× 预期 19.8×(FY2027)
- P/S
- 6.7× 股价 / 营收,TTM
- EV / EBITDA
- 22.4× TTM
- 自由现金流
- $28.3亿 过去12个月
- 净利润
- $16.4亿 过去12个月
- 营收预期
- $83.2亿 FY2027年一致预期
- 盈利
- 2026-11-24 营收预期 $21.3亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-27):营收超预期1.7%,EPS 超预期5.8%营收$20.5亿,预期$20.1亿(+1.7%);EPS $3.30,预期$3.12(+5.8%)。
- 营收增长放缓:同比16.1%Q2 '27营收$20.5亿,此前四个季度的平均值为18.3%。
- 营业利润率27.5%(TTM),较去年同期+4.6 百分点营收增长17.9%,营业利润增长41.7%。
- 资本支出占营收的0.8%(去年为0.6%)最近4个季度投入$6400万(同比+56.1%)。自由现金流$28.3亿,相当于净利润的172.5%。
- 股东回报$15.9亿 = 自由现金流的56.2%回购$15.9亿(去年为$14.4亿),股息$0,股权激励$7.06亿(TTM)。
- 稀释股数一年内减少1.9%Q2 '27稀释股数2.11亿,一年前为2.15亿。
- 净现金 $4.5亿现金 + 短期投资 $41.6亿,含租赁债务 $37.1亿;一年前净债务 $4.98亿。
上一季度:Q2 '27
截至2026-07-31的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '27 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $20.5亿 | $17.6亿 | +16.1% |
| 毛利率 | 91.4% | 91.0% | +0.4 百分点 |
| 营业利润 | $5.99亿 | $4.5亿 | +33.1% |
| 营业利润率 | 29.3% | 25.5% | +3.8 百分点 |
| 净利润 | $4.92亿 | $3.13亿 | +57.2% |
| 稀释EPS | $2.33 | $1.46 | +59.6% |
| 经营现金流 | $5.75亿 | $4.6亿 | +25.0% |
| 资本支出 | $1400万 | $200万 | +600.0% |
| 自由现金流 | $5.61亿 | $4.58亿 | +22.5% |
| R&D | $4.64亿 | $4.13亿 | +12.3% |
| 股权激励费用 | $1.84亿 | $1.91亿 | -3.7% |
实际 vs 一致预期
2026-08-27| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $20.5亿 | $20.1亿 | +1.7% |
| EPS(一致预期口径) | $3.30 | $3.12 | +5.8% |
来自2026-08-27发布的Q2 '27财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Architecture Engineering And Construction | $10.3亿 | +17.2% | 50.3% | – | – | |
| AutoCAD and AutoCAD LT Family | $5亿 | +13.6% | 24.4% | – | – | |
| Manufacturing | $3.85亿 | +15.3% | 18.8% | – | – | |
| Media And Entertainment [member] | $9200万 | +15.0% | 4.5% | – | – | |
| Other | $4000万 | +29.0% | 2.0% | – | – |
按地区划分的营收
占总额比例| 分部 | Q2 '27 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Americas | $8.98亿 | +14.2% | 43.9% | – | – | |
| EMEA | $8.04亿 | +19.1% | 39.3% | – | – | |
| Asia Pacific | $3.44亿 | +13.9% | 16.8% | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $29亿
- 资本支出
- -$6400万
- 股票回购
- -$15.9亿
- 股息
- $0
- 收购
- -$5500万
- 债务净发行
- $9.93亿
- 股权激励费用
- $7.06亿
- 自由现金流
- $28.3亿
- 股东回报 / FCF
- 56.2%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 32.1× | 67.1× | 47.9× – 110.5× |
| EV / EBITDA | 22.4× | 45.5× | 28.5× – 71.5× |
| EV / 营收 | 6.6× | 10.2× | 7.5× – 12.9× |
| 股价 / FCF | 18.4× | 33.7× | 22.4× – 42.8× |
| 股价 / 净资产 | 15.5× | 35.6× | 17.7× – 64.6× |
| FCF收益率 | 5.4% | 3.2% | 2.3% – 4.5% |
| 投入资本回报率 | 21.2% | 15.4% | 10.8% – 18.2% |
| 净资产收益率 | 52.5% | 51.7% | 36.9% – 71.9% |
分析师
一致目标价 $301.13 (+20.6%)
区间 $215.00 – $341.00 · 评级 Buy
强烈买入0
买入39
持有9
卖出4
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $83.2亿 | +15.5% | $12.59 | +140.8% | 19.8× | 21 |
| FY2028 | $92.4亿 | +11.0% | $14.17 | +12.5% | 17.6× | 21 |
| FY2029 | $101亿 | +9.8% | $16.18 | +14.2% | 15.4× | 10 |
| FY2030 | $114亿 | +12.3% | $18.08 | +11.7% | 13.8× | 4 |
| FY2031 | $121亿 | +6.0% | $0.00 | -100.0% | – | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Autodesk, Inc.在近期10-Q / 10-K文件中标记的全部295项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $4.57亿 | $3.24亿 | +41.0% | $4.22亿 | $2.42亿 | +74.4% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $6.84亿 | $5.32亿 | +28.6% | $14.4亿 | $10.1亿 | +42.8% |
| Accounts Receivable, Allowance for Credit Loss | $400万2026-01-31 | $300万 | +33.3% | $400万 | $300万 | +33.3% |
| Accounts Receivable, before Allowance for Credit Loss | $15.4亿2026-01-31 | $10.9亿 | +41.3% | $15.4亿 | $10.9亿 | +41.3% |
| Accrued Income Taxes, Current | $6300万 | $6000万 | +5.0% | $5400万 | $6200万 | -12.9% |
| Accrued Income Taxes, Noncurrent | $2.03亿 | $2.1亿 | -3.3% | $1.81亿 | $2亿 | -9.5% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $4.66亿 | $4.83亿 | -3.5% | $4.83亿 | $4.61亿 | +4.8% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$2.33亿 | -$2.54亿 | +8.3% | -$2.32亿 | -$2.85亿 | +18.6% |
| Advertising Expense | – | – | – | $6900万 | $5400万 | +27.8% |
| Amortization | $1200万2026-04-30 | $1000万 | +20.0% | $4300万 | $5300万 | -18.9% |
| Amortization of Intangible Assets | $1300万 | $1400万 | -7.1% | $5300万 | $4900万 | +8.2% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 170万 | 0 | – | 6.7万 | 9.2万 | -27.2% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $1.88亿 | $1.94亿 | -3.1% | $8.02亿 | $6.94亿 | +15.6% |
| Asset Impairment Charges | -$1900万2026-01-31 | $0 | – | $0 | $0 | – |
| Assets | $130亿 | $109亿 | +19.6% | $125亿 | $108亿 | +15.1% |
| Assets, Current | $56.7亿 | $34.9亿 | +62.5% | $49.4亿 | $34.8亿 | +41.9% |
| Assets, Fair Value Disclosure | $9.27亿 | $19.2亿 | -51.8% | $22.8亿 | $14.4亿 | +58.1% |
| Capitalized Computer Software, Gross | $02026-01-31 | $0 | – | $0 | $0 | – |
| Capitalized Contract Cost, Amortization | $1.75亿 | $1.23亿 | +42.3% | $5.36亿 | $2.12亿 | +152.8% |
| Capitalized Contract Cost, Impairment Loss | $0 | $0 | – | $0 | $0 | – |
| Capitalized Contract Cost, Net | $7.94亿 | $6.92亿 | +14.7% | $9.13亿 | $4.67亿 | +95.5% |
| Capitalized Contract Cost, Net, Current | $3.68亿 | – | – | $5.5亿 | $2.82亿 | +95.0% |
| Cash and Cash Equivalents, at Carrying Value | $41亿 | $20亿 | +104.6% | $22.5亿 | $16亿 | +40.7% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $41亿 | $20亿 | +104.6% | $22.5亿 | $16亿 | +40.7% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $14.3亿 | $1.87亿 | +663.1% | $6.5亿 | -$2.93亿 | +321.8% |
| Common Stock, Par or Stated Value Per Share | $0.012026-01-31 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 7.5亿2026-01-31 | 7.5亿 | 0.0% | 7.5亿 | 7.5亿 | 0.0% |
| Common Stock, Shares, Issued | 2.12亿2026-01-31 | 2.14亿 | -0.9% | 2.12亿 | 2.14亿 | -0.9% |
| Common Stock, Shares, Outstanding | 2.12亿2026-01-31 | 2.14亿 | -0.9% | 2.12亿 | 2.14亿 | -0.9% |
| Common Stocks, Including Additional Paid in Capital | $48.5亿 | $44.6亿 | +8.8% | $47.1亿 | $42.4亿 | +11.1% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $4.93亿 | $3.07亿 | +60.6% | $11.8亿 | $10.6亿 | +10.9% |
| Contract with Customer, Liability, Current | $40.4亿 | $35.5亿 | +13.7% | $44.1亿 | $37.9亿 | +16.3% |
| Contract with Customer, Liability, Noncurrent | $2.22亿 | $2.94亿 | -24.5% | $2.87亿 | $3.41亿 | -15.8% |
| Contract with Customer, Liability, Revenue Recognized | $13.3亿 | $11.4亿 | +16.7% | $37.8亿 | $34.9亿 | +8.3% |
| Cost of Revenue | $1.76亿 | $1.59亿 | +10.7% | $6.5亿 | $5.78亿 | +12.5% |
| Cost, Amortization | $2400万 | $2300万 | +4.3% | $9700万 | $8500万 | +14.1% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$6500万 | $1.38亿 | -147.1% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $2.44亿 | $2.29亿 | +6.6% |
| Current State and Local Tax Expense (Benefit) | – | – | – | -$100万 | $1900万 | -105.3% |
| Debt Securities, Available-for-sale, Allowance for Credit Loss | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Writeoff | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Held-to-Maturity, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 | $300万 | $800万 | -62.5% | $600万 | $1800万 | -66.7% |
| Debt Securities, Held-to-Maturity, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 | $1400万 | $1500万 | -6.7% | $2000万 | $1500万 | +33.3% |
| Debt Securities, Held-to-Maturity, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $1.97亿 | $2.86亿 | -31.1% | $3.84亿 | $2.67亿 | +43.8% |
| Debt Securities, Held-to-Maturity, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $4500万 | $2.06亿 | -78.2% | $3.14亿 | $2.54亿 | +23.6% |
| Debt Securities, Held-to-maturity, Maturity, Allocated and Single Maturity Date, Fair Value | $2.59亿 | $5.15亿 | -49.7% | $7.24亿 | $5.54亿 | +30.7% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $2.57亿 | -$8700万 | +395.4% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $3000万 | -$2200万 | +236.4% |
| Deferred Income Tax Assets, Net | $8.08亿 | $10.5亿 | -23.3% | $8.42亿 | $12.1亿 | -30.1% |
| Deferred Income Tax Liabilities, Net | $5300万 | $3000万 | +76.7% | $4000万 | $3200万 | +25.0% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $1400万 | -$500万 | +380.0% |
| Deferred Tax Assets, Deferred Income | $02026-01-31 | $4.27亿 | -100.0% | $0 | $4.27亿 | -100.0% |
| Deferred Tax Assets, Gross | $11.9亿2026-01-31 | $15.1亿 | -21.3% | $11.9亿 | $15.1亿 | -21.3% |
| Deferred Tax Assets, in Process Research and Development | $3.92亿2026-01-31 | $6.96亿 | -43.7% | $3.92亿 | $6.96亿 | -43.7% |
| Deferred Tax Assets, Net | $8.02亿2026-01-31 | $11.7亿 | -31.6% | $8.02亿 | $11.7亿 | -31.6% |
| Deferred Tax Assets, Net of Valuation Allowance | $10.3亿2026-01-31 | $13.8亿 | -25.1% | $10.3亿 | $13.8亿 | -25.1% |
| Deferred Tax Assets, Operating Loss Carryforwards | $3.04亿2026-01-31 | $1400万 | +2,071.4% | $3.04亿 | $1400万 | +2,071.4% |
| Deferred Tax Assets, Other | $6500万2026-01-31 | $4000万 | +62.5% | $6500万 | $4000万 | +62.5% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-07-31, 10-Q 2026-04-30, 10-K 2026-01-31, 10-Q 2025-10-31, 10-Q 2025-07-31, 10-Q 2025-04-30, 10-K 2025-01-31, 10-Q 2024-10-31, 10-Q 2024-07-31
数据截至 2026-11-02