Autodesk Reports Record Revenues of $436 Million

To supplement our consolidated financial statements presented on a GAAP basis, Autodesk provides investors with certain non-GAAP measures including non-GAAP net income, non-GAAP net income per share, non-GAAP cost of license and other revenues, non-GAAP gross margin, non-GAAP operating expenses, non- GAAP income from operations and non-GAAP provision for income taxes. These non-GAAP financial measures are adjusted to exclude certain costs, expenses, gains and losses, including stock based compensation expense, litigation expenses and amortization of purchased intangibles. We believe these exclusions are appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future, as well as to facilitate comparisons with our historical operating results. These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of Autodesk's underlying operational results and trends and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside our core operating results. In addition, these non- GAAP financial measures are among the primary indicators management uses as a basis for our planning and forecasting of future periods.

There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies. The non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact upon our reported financial results. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with generally accepted accounting principles in the United States. Investors should review the reconciliation of the non-GAAP financial measures to their most directly comparable GAAP financial measures as provided in the tables accompanying this press release.

     Autodesk

    Fiscal Year 2007     QTR 1     QTR 2      QTR 3       QTR 4     YTD2007
    Financial Statistics (in millions):
    Total net
     revenues           $436.0                                      $436.0
      License and
       other
       revenues         $349.4                                      $349.4
      Maintenance
       revenues          $86.6                                       $86.6

    GAAP Operating
     Expenses           $326.8                                      $326.8
    GAAP Operating
     Margin                14%                                         14%
    GAAP Net Income      $48.5                                       $48.5
    GAAP Diluted
     Net Income
     Per Share           $0.20                                       $0.20

    Non-GAAP
     Operating
     Expenses (1) (2)   $287.7                                      $287.7
    Non-GAAP
     Operating
     Margin (1) (3)        23%                                         23%
    Non-GAAP
     Net
     Income (1) (4)      $80.0                                       $80.0
    Non-GAAP Diluted
     Net Income Per
     Share (1) (5)       $0.32                                       $0.32

    Total Cash and
      Marketable
     Securities         $385.8                                      $385.8
    Days Sales
     Outstanding            58                                          58
    Capital
     Expenditures        $11.4                                       $11.4
    Cash from
     Operations          $90.2                                       $90.2
    GAAP
     Depreciation and
     Amortization        $12.5                                       $12.5

    Revenue by Geography (in millions):
    Americas            $170.2                                      $170.2
    Europe              $164.3                                      $164.3
       Asia/Pacific                $101.5                                                                            $101.5

        Revenue  by  Division  (in  millions):
        Design  Solutions
          Segment                        $386.7                                                                            $386.7
            Platform
              Technology

              Division  and
              other                        $207.3                                                                            $207.3
            Manufacturing
              Solutions
              Division                    $75.0                                                                              $75.0
            Building
              Solutions
              Division                    $53.2                                                                              $53.2
            Infrastructure
              Solutions
              Division                    $51.2                                                                              $51.2
            Media  and
              Entertainment
              Segment                      $46.8                                                                              $46.8

        Other  Revenue  Statistics:
        Upgrade  Revenue
          (in  millions)              $75.2                                                                              $75.2

          %  of  Revenue
            from  AutoCAD,
            AutoCAD  upgrades
            and  AutoCAD  LT              44%                                                                                  44%
          %  of  Revenue
            from  3D  design
            products                          20%                                                                                  20%
          %  of  revenue
              from  emerging
              economies                      12%                                                                                  12%

        Deferred  Maintenance  Revenue  (in  millions):
        Deferred
          Maintenance
          Revenue  Balance        $252.4                                                                            $252.4

        Favorable  (Unfavorable)  Impact  of  U.S.  Dollar  Translation  Relative  to
          Foreign  Currencies  Compared  to  Comparable  Prior  Year  Period  (in
          millions):
        Total  Net
          Revenues                      $(19.3)                                                                          $(19.3)
        Total
          Operating
          Expenses                        $  3.7                                                                                $3.7
        Net  Income                    $(15.6)                                                                          $(15.6)

        Operating  Income  (Loss)  by  Segment  (in  millions):
        Design  Solutions        $180.7                                                                            $180.7
        Media  and
          Entertainment                $0.6                                                                                $0.6
        Unallocated
          amounts                      $(122.0)                                                                        $(122.0)

        Common  Stock  Statistics:
        Shares
          Outstanding      231,296,000                                                                  231,296,000
        Fully  Diluted
          Shares
          Outstanding      244,698,000                                                                  244,698,000
        Shares
          Repurchased          1,700,000                                                                      1,700,000

        Installed  Base  Statistics:
        Total
          AutoCAD-based
          Installed
          Base                        3,928,400                                                                      3,928,400
        Total  Inventor
          Installed  Base        577,700                                                                          577,700
        Total
          Subscription
          Installed  Base        989,800                                                                          989,800
 


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