XML 46 R34.htm IDEA: XBRL DOCUMENT v3.25.1
Equity Compensation (Tables)
3 Months Ended
Apr. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Summary of Restricted Stock Activity
A summary of restricted stock activity for the three months ended April 30, 2025, is as follows:
Unvested
restricted
stock units
Weighted
average grant
date fair value
per share
 (in thousands) 
Unvested restricted stock units at January 31, 20255,188 $229.09 
Granted2,434 260.61 
Vested(1,596)226.51 
Canceled/Forfeited(230)227.21 
        Performance Adjustment (1)275.23 
Unvested restricted stock units at April 30, 2025
5,802 $243.73 
_______________
(1)Based on Autodesk's financial results and relative total stockholder return for the fiscal 2025 performance period. The performance stock units were attained at rates ranging from 95% to 108% of the target award.
Schedule of Summary of the ESPP Activity
A summary of the ESPP activity for the three months ended April 30, 2025 and 2024, is as follows:
Three Months Ended April 30,
20252024
Issued shares (in thousands)343 433 
Average price of issued shares$218.20 $164.81 
Weighted average grant date fair value of shares granted under the ESPP (1)$76.56 $79.14 
 _______________
(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 months ended April 30, 2025 and 2024, as follows:
Three Months Ended April 30,
20252024
Cost of subscription and maintenance revenue $11 $
Cost of other revenue
Marketing and sales97 53 
Research and development89 66 
General and administrative29 18 
Stock-based compensation expense related to stock awards and ESPP purchases
$230 $149 
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 April 30, 2025Three Months Ended April 30, 2024
Performance Stock UnitsESPPPerformance Stock Units ESPP
Range of expected volatility
29.7 - 33.4%
29.1 - 29.5%
N/A
28.7 - 34.5%
Range of expected lives (in years)N/A
0.5 - 2.0
N/A
0.5 - 2.0
Expected dividends—%—%N/A—%
Range of risk-free interest rates
3.8 - 4.1%
4.0 - 4.3%
N/A
4.6 - 5.4%