Autodesk Reports Record Revenue of $620 Million in its Second Quarter of Fiscal 2009

SAN RAFAEL, Calif., Aug. 14 /PRNewswire-FirstCall/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported revenue of $620 million for the second quarter of fiscal 2009, an increase of 18 percent over the second quarter of fiscal 2008. GAAP diluted earnings per share in the second quarter increased 3 percent to $0.39, compared to $0.38 per diluted share in the second quarter last year. Non-GAAP diluted earnings per share in the second quarter increased 27 percent to $0.56, compared to $0.44 per diluted share in the second quarter last year. A reconciliation between GAAP and non-GAAP results is provided at the end of this press release.

"We're very pleased that Autodesk was able to achieve another quarter of record revenue results," said Carl Bass, Autodesk president and CEO. "Our ability to serve diverse business segments globally with leading software design and engineering solutions drove our strong performance. The combination of a strong market position, industry and geographic diversification, a strong balance sheet, and excellent cash flow, positions Autodesk for continued success."

Operational Highlights

In addition to favorable currency exchange rates, Autodesk's performance in the second quarter of fiscal 2009 was driven by continued revenue growth of model-based 3D design solutions, 2D vertical products, emerging economies, as well as total upgrade and maintenance revenue growth.

Combined revenue from the Company's model-based 3D solutions, which includes Inventor, Revit, Civil 3D, NavisWorks, Robobat, and Moldflow, increased 36 percent over the second quarter of fiscal 2008 to $166 million and comprised 27 percent of total revenue for the quarter. Excluding Moldflow, which was acquired during the quarter, model-based 3D solutions grew 31 percent to $159 million. Autodesk shipped approximately 36,000 commercial seats of its model-based 3D design products, including approximately 10,000 commercial seats of Inventor and 26,000 seats of its Architecture Engineering and Construction products -- Revit, Civil 3D, NavisWorks, and Robobat. In addition, revenue from 2D vertical products increased 16 percent compared to the second quarter of fiscal 2008.

Revenue from the emerging economies increased 40 percent over the second quarter of fiscal 2008 to $114 million and represented 18 percent of total revenue. EMEA revenue was $267 million, an increase of 31 percent as reported over the second quarter of fiscal 2008, and 15 percent at constant currency. Revenue in Asia Pacific was $150 million, an increase of 18 percent as reported year-over-year, and 11 percent at constant currency. Revenue in the Americas increased 4 percent over the second quarter of fiscal 2008 to $203 million, despite continued economic headwinds.

Upgrade revenue and maintenance revenue combined increased 34 percent over the second quarter of fiscal 2008 to $238 million. Maintenance revenue increased 36 percent compared to the second quarter of fiscal 2008 to $180 million, or 29 percent of total revenue. Deferred maintenance revenue increased $14 million sequentially and $132 million compared to the second quarter of fiscal 2008. Total upgrade revenue increased 27 percent compared to the second quarter of fiscal 2008.

Business Outlook

The following statements are forward-looking statements which are based on current expectations and which involve risks and uncertainties some of which are set forth below.

Third Quarter Fiscal 2009

Net revenue for the third quarter of fiscal 2009 is expected to be in the range of $625 million and $635 million. GAAP earnings per diluted share are expected to be in the range of $0.40 and $0.42. Non-GAAP earnings per diluted share are expected to be in the range of $0.54 and $0.56 and exclude $0.07 related to stock-based compensation expense and $0.07 for the amortization of acquisition related intangibles.

Fourth Quarter Fiscal 2009

Net revenue for the fourth quarter of fiscal 2009 is expected to be in the range of $660 million and $680 million. GAAP earnings per diluted share are expected to be in the range of $0.52 and $0.56. Non-GAAP earnings per diluted share are expected to be in the range of $0.64 and $0.68 and exclude $0.08 related to stock-based compensation expense and $0.04 for the amortization of acquisition related intangibles.

Full Year Fiscal 2009

For fiscal year 2009, net revenue is expected to be in the range of $2.50 billion and $2.53 billion. Full year GAAP earnings per diluted share are now expected to be in the range of $1.72 and $1.78. Non-GAAP earnings per diluted share are still expected to be in the range of $2.24 and $2.30 and exclude $0.29 related to stock-based compensation expense and $0.23 for the amortization of acquisition related intangibles and in-process research and development expense.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties, including statements in the paragraphs under "Business Outlook" above, statements regarding anticipated market trends and other statements regarding our expected performance and results. Other factors that could cause actual results to differ materially include the following: general market and business conditions, our performance in particular geographies, including emerging economies, difficulties encountered in integrating new or acquired businesses and technologies, the inability to identify and realize the anticipated benefits of acquisitions, fluctuation in foreign currency exchange rates, unexpected fluctuations in our tax rate, the timing and degree of expected investments in growth opportunities, slowing momentum in maintenance revenues, failure to achieve sufficient sell-through in our channels for new or existing products, pricing pressure, failure to achieve continued cost reductions and productivity increases, failure to achieve continued migration from 2D products to 3D products, changes in the timing of product releases and retirements, failure of key new applications to achieve anticipated levels of customer acceptance, failure to achieve continued success in technology advancements, the financial and business condition of our reseller and distribution channels, interruptions or terminations in the business of the Company's consultants or third party developers, and unanticipated impact of accounting for technology acquisitions.

Further information on potential factors that could affect the financial results of Autodesk are included in the Company's reports on Form 10-K for the year ended January 31, 2008 and our Form 10-Q for the quarter ended April 30, 2008, which are on file with the Securities and Exchange Commission. Autodesk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

Earnings Conference Call and Webcast

Autodesk will host its second quarter conference call today at 5:00 p.m. EDT. The live announcement may be accessed at http://www.autodesk.com/investors or by dialing 866-700-7477 or 617-213-8840 (passcode: 68223258). An audio webcast or podcast of the call will be available at 7:00 pm EDT at http://www.autodesk.com/investors. This replay will be maintained on our website for at least twelve months. An audio replay will also be available for one month beginning at 7:00 pm EDT by dialing 888-286-8010 or 617-801-6888 (passcode: 93009896).

About Autodesk

Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com.

Note: AutoCAD, Autodesk, Civil 3D, Inventor, Revit, NavisWorks, and Robobat are either registered trademarks or trademarks of Autodesk, Inc., in the US and/or other countries. All other brand names, product names or trademarks belong to their respective holders.

     Investors:  David Gennarelli, david.gennarelli@autodesk.com, 415-507-6033
                 Katie Blanchard, katherine.blanchard@autodesk.com,
                        415-507-6034

          Press:            Pam  Pollace,  pam.pollace@autodesk.com,  415-547-2441
                                  Colleen  Rubart,  colleen.rubart@autodesk.com,  415-547-2368



        Autodesk,  Inc.
        Consolidated  Statements  of  Income
        (In  millions,  except  per  share  data)


                                                                                  Three  Months  Ended      Six  Months  Ended
                                                                                            July  31,                          July  31,
                                                                                        2008        2007                2008          2007
                                                                                          (Unaudited)                (Unaudited)
        Net  revenue:
              License  and  other                                    $440.2    $393.6            $872.4      $776.7

              Maintenance                                                  179.3      132.3              345.9        257.7

                    Total  net  revenue                                619.5      525.9          1,218.3    1,034.4

        Cost  of  license  and  other  revenue              57.4        49.6              113.2        100.1

        Cost  of  maintenance  revenue                            2.1          2.3                  4.1            4.4

              Total  cost  of  revenue                                59.5        51.9              117.3        104.5

              Gross  margin                                                560.0      474.0          1,101.0        929.9

        Operating  Expenses:

              Marketing  and  sales                                  228.8      198.8              452.7        391.3

              Research  and  development                        153.2      114.9              296.9        229.6

              General  and  administrative                      59.2        45.8              112.7          93.1

                    Total  operating  expenses                  441.2      359.5              862.3        714.0

        Income  from  operations                                  118.8      114.5              238.7        215.9

        Interest  and  other  income,  net                      6.3          3.4                13.2          13.2

        Income  before  income  taxes                          125.1      117.9              251.9        229.1

        Provision  for  income  taxes                          (35.3)    (26.3)            (67.5)      (54.2)

        Net  income                                                          $89.8      $91.6            $184.4      $174.9

        Basic  net  income  per  share                          $0.40      $0.40              $0.82        $0.76

        Diluted  net  income  per  share                      $0.39      $0.38              $0.80        $0.72

        Shares  used  in  computing  basic
          net  income  per  share                                    224.2      230.3              225.2        230.8

        Shares  used  in  computing  diluted
          net  income  per  share                                    231.1      243.0              232.1        243.7



        Autodesk,  Inc.
        Condensed  Consolidated  Balance  Sheets
        (In  millions)
                                                                                                    July  31,                  January  31,
                                                                                                        2008                              2008
                                                                                                  (Unaudited)
        ASSETS:

        Current  assets:
            Cash  and  cash  equivalents                                          $929.6                        $917.9
            Marketable  securities                                                      32.6                            31.4
            Accounts  receivable,  net                                              325.2                          386.5
            Deferred  income  taxes                                                      58.2                            98.1
            Prepaid  expenses  and  other  current
              assets                                                                                  56.9                            47.9
        Total  current  assets                                                      1,402.5                      1,481.8

        Marketable  securities                                                            8.3                              8.4
        Computer  equipment,  software,  furniture  and
          leasehold  improvements,  net                                          109.2                            80.2
        Purchased  technologies,  net                                            106.2                            64.4
        Goodwill                                                                                  626.9                          443.4
        Deferred  income  taxes,  net                                                67.5                            54.6
        Other  assets                                                                          122.9                            79.4
                                                                                                    $2,443.5                    $2,212.2


        LIABILITIES  AND  STOCKHOLDERS'  EQUITY:

        Current  liabilities:
            Accounts  payable                                                              $78.1                          $79.3
            Accrued  compensation                                                      108.0                          146.2
            Accrued  income  taxes                                                        21.2                            14.4
            Deferred  revenue                                                              440.7                          400.7
            Borrowings  under  line  of  credit                                120.0                              -
            Other  accrued  liabilities                                            101.0                            89.7
        Total  current  liabilities                                                869.0                          730.3

        Deferred  revenue                                                                  121.9                          105.4
        Long  term  income  taxes  payable                                      101.4                            86.5
        Long  term  deferred  income  taxes                                      29.2                              3.3
        Other  liabilities                                                                  62.1                            56.2

        Commitments  and  contingencies

        Stockholders'  equity:
            Preferred  stock                                                                    -                                  -
            Common  stock  and  additional  paid-in  capital        997.6                          998.3
            Accumulated  other  comprehensive  income                    19.9                            13.8
            Retained  earnings                                                            242.4                          218.4
        Total  stockholders'  equity                                          1,259.9                      1,230.5
                                                                                                    $2,443.5                    $2,212.2



        Autodesk,  Inc.
        Condensed  Consolidated  Statements  of  Cash  Flows
        (In  millions)
                                                                                                              Six  Months  Ended
                                                                                                                      July  31,
                                                                                                        2008                            2007
                                                                                                                    (Unaudited)
        Operating  Activities
            Net  income                                                                      $184.4                        $174.9
            Adjustments  to  reconcile  net  income
              to  net  cash  provided  by  operating
              activities:
                      Depreciation  and  amortization                          39.1                            28.6
                      Stock-based  compensation  expense                    48.4                            35.9
                      Charge  for  acquired  in-process
                        research  and  development                                  16.8                              1.0
                      Changes  in  operating  assets
                        and  liabilities,  net  of  business
                        combinations                                                        105.1                            87.8
        Net  cash  provided  by  operating  activities              393.8                          328.2

        Investing  Activities
            Purchases  of  available-for-sale  marketable
              securities                                                                        (5.6)                      (705.7)
            Sales  of  available-for-sale  marketable
              securities                                                                          4.7                          765.7
            Business  combinations,  net  of  cash  acquired    (257.5)                        (21.3)
            Capital  and  other  expenditures                                (39.9)                        (18.2)
        Net  cash  provided  by  (used  in)  investing
          activities                                                                        (298.3)                          20.5

        Financing  activities
            Proceeds  from  issuance  of  common
              stock,  net  of  issuance  costs                                    50.1                            83.8
            Draws  on  line  of  credit                                              690.0                              -
            Repayments  of  line  of  credit                                  (570.0)                            -
            Repurchases  of  common  stock                                    (256.5)                      (325.1)
        Net  cash  used  in  financing  activities                      (86.4)                      (241.3)

        Effect  of  exchange  rate  changes  on
          cash  and  cash  equivalents                                                2.6                              1.6

        Net  increase  in  cash  and  cash  equivalents                11.7                          109.0
        Cash  and  cash  equivalents  at  beginning  of
          fiscal  year                                                                        917.9                          665.9
        Cash  and  cash  equivalents  at  end  of  period          $929.6                        $774.9



        Autodesk,  Inc.
        Reconciliation  of  GAAP  financial  measures  to  non-GAAP  financial  measures
        (In  millions,  except  per  share  data)

        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  revenue,  non-GAAP  gross  margin,  non-GAAP
        operating  expenses,  non-GAAP  income  from  operations,  non-GAAP  interest
        and  other  income,  net  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,
        employee  tax  reimbursements  related  to  our  stock  option  review,
        litigation  expenses,  in-process  research  and  development  expenses,
        restructuring  expenses,  amortization  of  purchased  intangibles,  investment
        impairment  and  income  tax  expenses.    See  our  reconciliation  of  GAAP
        financial  measures  to  non-GAAP  financial  measures  herein.    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.

        The  following  table  shows  Autodesk's  non-GAAP  results  reconciled  to
        GAAP  results  included  in  this  release.


                                                                                Three  Months  Ended    Six  Months  Ended
                                                                                          July  31,                      July  31,
                                                                                        2008        2007            2008          2007
                                                                                        (Unaudited)                (Unaudited)

        GAAP  cost  of  license  and  other  revenue  $57.4      $49.6        $113.2    $100.1
        SFAS  123R  stock-based  compensation
          expense                                                                (1.1)      (1.1)          (2.1)      (1.7)
        Amortization  of  developed  technology        (5.3)      (2.1)          (8.8)      (4.2)
        Employee  tax  reimbursements  related
          to  stock  option  review                                    -              -                  -            (1.1)
        Non-GAAP  cost  of  license  and  other
          revenue                                                              $51.0      $46.4        $102.3      $93.1

        GAAP  gross  margin                                          $560.0    $474.0    $1,101.0    $929.9
        SFAS  123R  stock-based  compensation
          expense                                                                  1.1          1.1              2.1          1.7
        Amortization  of  developed  technology          5.3          2.1              8.8          4.2
        Employee  tax  reimbursements  related
          to  stock  option  review                                    -              -                  -              1.1
        Non-GAAP  gross  margin                                  $566.4    $477.2    $1,111.9    $936.9

        GAAP  marketing  and  sales                            $228.8    $198.8        $452.7    $391.3
        SFAS  123R  stock-based  compensation
          expense                                                              (10.0)      (9.0)        (20.5)    (15.2)
        Employee  tax  reimbursements  related
          to  stock  option  review                                    -              -                  -            (4.8)
        Non-GAAP  marketing  and  sales                    $218.8    $189.8        $432.2    $371.3

        GAAP  research  and  development                  $153.2    $114.9        $296.9    $229.6
        SFAS  123R  stock-based  compensation
          expense                                                                (7.7)      (6.5)        (16.1)    (11.3)
        In-process  research  and  development        (16.8)      (1.0)        (16.8)      (1.0)
        Employee  tax  reimbursements  related
          to  stock  option  review                                    -              -                  -            (4.4)
        Non-GAAP  research  and  development          $128.7    $107.4        $264.0    $212.9

        GAAP  general  and  administrative                $59.2      $45.8        $112.7      $93.1
        SFAS  123R  stock-based  compensation
          expense                                                                (4.4)      (4.5)          (9.7)      (7.7)
        Amortization  of  customer
          relationships  and  trademarks                      (6.4)      (2.0)          (9.3)      (3.9)
        Employee  tax  reimbursements  related
          to  stock  option  review                                    -              -                  -            (1.7)
        Non-GAAP  general  and  administrative        $48.4      $39.3          $93.7      $79.8

        GAAP  operating  expenses                              $441.2    $359.5        $862.3    $714.0
        SFAS  123R  stock-based  compensation
          expense                                                              (22.1)    (20.0)        (46.3)    (34.2)
        Employee  tax  reimbursements  related
          to  stock  option  review                                    -              -                  -          (10.9)
        Amortization  of  customer
          relationships  and  trademarks                      (6.4)      (2.0)          (9.3)      (3.9)

        In-process  research  and  development        (16.8)      (1.0)        (16.8)      (1.0)
        Non-GAAP  operating  expenses                      $395.9    $336.5        $789.9    $664.0

        GAAP  income  from  operations                      $118.8    $114.5        $238.7    $215.9
        SFAS  123R  stock-based  compensation
          expense                                                                23.2        21.1            48.4        35.9
        Employee  tax  reimbursements  related
          to  stock  option  review                                    -              -                  -            12.0
        Amortization  of  developed  technology          5.3          2.1              8.8          4.2
        Amortization  of  customer
          relationships  and  trademarks                        6.4          2.0              9.3          3.9
        In-process  research  and  development          16.8          1.0            16.8          1.0
        Non-GAAP  income  from  operations              $170.5    $140.7        $322.0    $272.9

        GAAP  provision  for  income  taxes              $(35.3)  $(26.3)      $(67.5)  $(54.2)
        Income  tax  effect  on  difference
          between  GAAP  and  non-GAAP  total
          costs  and  expenses  at  a  normalized
          rate                                                                    (11.2)      (9.4)        (20.3)    (16.7)
        Non-GAAP  provision  for  income  taxes      $(46.5)  $(35.7)      $(87.8)  $(70.9)

        GAAP  net  income                                                $89.8      $91.6        $184.4    $174.9
        SFAS  123R  stock-based  compensation
          expense                                                                23.2        21.1            48.4        35.9
        Employee  tax  reimbursements  related
          to  stock  option  review                                    -              -                  -            12.0
        Amortization  of  developed  technology          5.3          2.1              8.8          4.2
        Amortization  of  customer
          relationships  and  trademarks                        6.4          2.0              9.3          3.9
        In-process  research  and  development          16.8          1.0            16.8          1.0
        Income  tax  effect  on  difference
          between  GAAP  and  non-GAAP  total
          costs  and  expenses  at  a  normalized
          rate                                                                    (11.2)      (9.4)        (20.3)    (16.7)
        Non-GAAP  net  income                                      $130.3    $108.4        $247.4    $215.2

        GAAP  diluted  net  income  per  share            $0.39      $0.38          $0.80      $0.72
        SFAS  123R  stock-based  compensation
          expense                                                                0.10        0.09            0.21        0.15
        In-process  research  and  development          0.07          -                0.07          -
        Employee  tax  reimbursements  related
          to    stock  option  review                                  -              -                  -            0.05
        Amortization  of  developed  technology        0.02        0.01            0.03        0.02
        Amortization  of  customer
          relationships  and  trademarks                      0.03          -                0.04        0.01
        Income  tax  effect  on  difference
          between  GAAP  and  non-GAAP  total
          costs  and  expenses  at  a  normalized
          rate                                                                    (0.05)    (0.04)        (0.09)    (0.07)
        Non-GAAP  diluted  net  income  per  share    $0.56      $0.44          $1.06      $0.88

        GAAP  diluted  shares  used  in  per  share
          calculation                                                      231.1      243.0          232.1      243.7
        Impact  of  SFAS  123R  on  diluted  shares        0.8          1.3              0.5          1.3
        Non-GAAP  diluted  shares  used  in  per
          share  calculation                                          231.9      244.3          232.6      245.0



                                      Other  Supplemental  Financial  Information  (1)
        Fiscal  Year  2009                            QTR  1                QTR  2      QTR  3  QTR  4      YTD  2009
        Financial  Statistics
          (in  millions,  except
          per  share  data):
        Total  net  revenue                            $599                  $620                                      $1,218
            License  and  other  revenue        $432                  $440                                          $872
            Maintenance  revenue                    $167                  $180                                          $346

        Gross  Margin  -  GAAP                          90%                    90%                                            90%
        Gross  Margin  -  Non-GAAP                  91%                    91%                                            91%

        GAAP  Operating  Expenses                $421                  $441                                          $862
        GAAP  Operating  Margin                      20%                    19%                                            20%
        GAAP  Net  Income                                  $95                    $90                                          $184
        GAAP  Diluted  Net  Income
          Per  Share                                        $0.41                $0.39                                        $0.80

        Non-GAAP  Operating
          Expenses    (2)(3)                            $394                  $396                                          $790
        Non-GAAP  Operating
          Margin    (2)(4)                                  25%                    28%                                            26%
        Non-GAAP  Net  Income  (2)(5)          $117                  $130                                          $247
        Non-GAAP  Diluted  Net
          Income  Per  Share  (2)(6)            $0.50                $0.56                                        $1.06

        Total  Cash  and
          Marketable  Securities                  $950                  $970                                          $970
        Days  Sales  Outstanding                      51                      48                                              48
        Capital  Expenditures                        $14                    $26                                            $40
        Cash  from  Operations                      $185                  $209                                          $394
        GAAP  Depreciation  and
          Amortization                                      $17                    $22                                            $39

        Deferred  Maintenance
          Revenue  Balance                              $474                  $488                                          $488

        Revenue  by  Geography
          (in  millions):
        Americas                                              $191                  $203                                          $394
        Europe                                                  $259                  $267                                          $526
        Asia/Pacific                                      $149                  $150                                          $298

        Revenue  by  Segment  (in
          millions):
        Platform  Solutions  and
          Emerging  Business  and  Other      $278                  $270                                          $548
        Architecture,  Engineering
          and  Construction                            $129                  $144                                          $273
        Manufacturing  Solutions                $119                  $131                                          $250
        Media  and  Entertainment                  $67                    $69                                          $136
        Other                                                        $6                      $6                                            $11

        Other  Revenue  Statistics:
        %  of  Total  Rev  from
          AutoCAD  and  AutoCAD  LT                  41%                    35%                                            38%
        %  of  Total  Rev  from  3D
          design  products                                24%                    26%                                            25%
        %  of  Total  Rev  from
          Emerging  Economies                          17%                    18%                                            18%
        Upgrade  Revenue  (in  millions)      $61                    $58                                          $119

        Favorable  (Unfavorable)  Impact
          of  U.S.  Dollar  Translation
          Relative  to  Foreign
          Currencies  Compared  to
          Comparable  Prior  Year  Period
          (in  millions):
        FX  Impact  on  Total  Net  Revenue    $41                    $42                                            $83
        FX  Impact  on  Total  Operating
          Expenses                                            $(14)                $(11)                                        $(25)
        FX  Impact  on  Total  Net  Income      $27                    $31                                            $58

        Gross  Margin  by  Segment
          (in  millions):
        Platform  Solutions  and
          Emerging  Business  and
          Other                                                  $263                  $255                                          $518
        Architecture,
          Engineering  and
          Construction                                    $119                  $133                                          $252
        Manufacturing  Solutions                $110                  $122                                          $232
        Media  and  Entertainment                  $50                    $52                                          $102
        Unallocated  amounts                          $(1)                  $(2)                                          $(3)

        Common  Stock
          Statistics:
        GAAP  Shares  Outstanding  223,616,000    224,528,000                            224,528,000
        GAAP  Fully  Diluted
          Weighted  Average
          Shares  Outstanding          232,607,000    231,078,000                            232,097,000
        Shares  Repurchased                8,001,000                    -                                    8,001,000

        Installed  Base
          Statistics:
        Total  AutoCAD-based
          Installed  Base                      4,377,000        4,436,000                                4,436,000
        Total  Inventor
          Installed  Base                          794,000            819,000                                    819,000
        Total  Maintenance
          Installed  Base                      1,587,000        1,644,000                                1,644,000


        (1)  Totals  may  not  agree  with  the  sum  of  the  components  due  to  rounding.

        (2)  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  revenue,  non-GAAP  gross  margin,  non-GAAP
        operating  expenses,  non-GAAP  income  from  operations,  non-GAAP  interest  and
        other  income,  net  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,  employee  tax
        reimbursements  related  to  our  stock  option  review,  litigation  expenses,
        in-process  research  and  development  expenses,  restructuring  expenses,
        amortization  of  purchased  intangibles,  investment  impairment  and  income
        tax  expenses.    See  our  reconciliation  of  GAAP  financial  measures  to
        non-GAAP  financial  measures  herein.    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.

        Fiscal  Year  2009                            QTR  1                QTR  2      QTR  3  QTR  4      YTD  2009


        (3)  GAAP  Operating  Expenses        $421                  $441                                          $862
                  Stock-based  compensation
                    expense                                      (24)                  (22)                                          (46)
                  Amortization  of  customer
                    relationships  and
                    trademarks                                  (3)                    (6)                                            (9)
                  In-process  research  and
                    development                              -                        (17)                                          (17)
                  Non-GAAP  Operating
                    Expenses                                  $394                  $396                                          $790

        (4)  GAAP  Operating  Margin              20%                    19%                                            20%
                  Stock-based  compensation
                    expense                                        4%                      4%                                              4%
                  Amortization  of  developed
                    technology                                  1%                      1%                                              0%
                  Amortization  of  customer
                    relationships  and
                    trademarks                                  1%                      1%                                              1%
                  In-process  research  and
                    development                                0%                      3%                                              1%
                  Non-GAAP  Operating  Margin    25%                    28%                                            26%

        (5)  GAAP  Net  Income                          $95                    $90                                          $184
                  Stock-based  compensation
                    expense                                        25                      23                                              48
                  Amortization  of  developed
                    technology                                    4                        5                                                9
                  Amortization  of  customer
                    relationships  and
                    trademarks                                    3                        6                                                9
                  In-process  research  and
                    development                              -                          17                                              17
                  Income  tax  effect  on
                    difference  between  GAAP
                    and  non-GAAP  total  costs
                    and  expenses  at  a
                    normalized  rate                        (9)                  (11)                                          (20)
                  Non-GAAP  Net  Income              $117                  $130                                          $247

        (6)  GAAP  Diluted  Net
                  Income  Per  Share                  $0.41                $0.39                                        $0.80
                  Stock-based  compensation
                    expense                                    0.11                  0.10                                          0.21
                  Amortization  of  developed
                    technology                              0.01                  0.02                                          0.03
                  Amortization  of  customer
                    relationships  and
                    trademarks                              0.01                  0.03                                          0.04
                  In-process    research  and
                    development                              -                      0.07                                          0.07
                  Income  tax  effect  on
                    difference  between  GAAP
                    and  non-GAAP  total  costs
                    and  expenses  at  a
                    normalized  rate                  (0.04)              (0.05)                                      (0.09)
                  Non-GAAP  Diluted
                    Net  Income  Per  Share        $0.50                $0.56                                        $1.06
 

Web site: http://www.autodesk.com/




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