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Equity Compensation (Tables)
9 Months Ended
Oct. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Summary of Restricted Stock Activity
A summary of restricted stock activity for the nine months ended October 31, 2024, is as follows:
Unvested
restricted
stock units
Weighted
average grant
date fair value
per share
 (in thousands) 
Unvested restricted stock units at January 31, 20245,371 $203.87 
Granted3,036 242.19 
Vested(2,537)205.79 
Canceled/Forfeited(274)212.60 
        Performance Adjustment (1)(33)193.79 
Unvested restricted stock units at October 31, 2024
5,563 $224.48 
_______________
(1)Based on Autodesk's financial results and relative total stockholder return for the fiscal 2024 performance period. The performance stock units were attained at rates ranging from 75% to 96% of the target award.
Schedule of Summary of the ESPP Activity
A summary of the ESPP activity for the nine months ended October 31, 2024 and 2023, is as follows:
Three Months Ended October 31,Nine Months Ended October 31,
2024202320242023
Issued shares (in thousands)299 357 732 791 
Average price of issued shares$167.45 $164.30 $165.89 $163.91 
Weighted average grant date fair value of shares granted under the ESPP (1)$78.92 $67.29 $78.93 $68.70 
 _______________
(1)Calculated as of the award grant date using the Black-Scholes Merton (“BSM”) option pricing model.
Schedule of Stock-based Compensation Expense
The following table summarizes stock-based compensation expense for the three and nine months ended October 31, 2024 and 2023, as follows:
Three Months Ended October 31,Nine Months Ended October 31,
2024202320242023
Cost of subscription and maintenance revenue$$$27 $28 
Cost of other revenue11 
Marketing and sales64 66 178 202 
Research and development80 78 222 233 
General and administrative25 24 64 69 
Stock-based compensation expense related to stock awards and ESPP purchases
181 181 500 543 
Tax (benefit) expense(8)(2)(25)
Stock-based compensation expense related to stock awards and ESPP purchases, net of tax
$173 $179 $475 $544 
Schedule of Assumptions to Estimate the Fair Value of Stock-based Awards Autodesk uses the following assumptions to estimate the fair value of stock-based awards:
Three Months Ended October 31, 2024Three Months Ended October 31, 2023
Performance Stock UnitsESPPPerformance Stock Units ESPP
Range of expected volatilityN/A
29.1 - 32.0%
N/A
29.4 - 37.4%
Range of expected lives (in years)N/A
0.5- 2.0
N/A
0.5 - 2.0
Expected dividendsN/A—%N/A—%
Range of risk-free interest ratesN/A
3.6 - 4.6%
N/A
5.0 - 5.5%
 Nine Months Ended October 31, 2024Nine Months Ended October 31, 2023
 Performance Stock UnitsESPPPerformance Stock UnitsESPP
Range of expected volatilities
29.4 - 31.4%
28.7 - 34.5%
40.9 - 42.5%
29.4 - 42.4%
Range of expected lives (in years)N/A
0.5 - 2.0
N/A
0.5 - 2.0
Expected dividends—%—%—%—%
Range of risk-free interest rates
5.2%
3.6 - 5.4%
4.3 - 4.7%
4.3 - 5.5%