Equity Compensation (Tables)

6 Months Ended

Jul. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Summary of Restricted Stock Activity

A summary of restricted stock activity for the six months ended July 31, 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, 2025	5,188	$	229.09
Granted	2,629	263.02
Vested	(2,107)	224.94
Canceled/Forfeited	(343)	230.42
Performance Adjustment (1)	6	275.23
Unvested restricted stock units at July 31, 2025	5,373	$	248.15

_______________

(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 six months ended July 31, 2025 and 2024, is as follows:

	Six Months Ended July 31,
	2025		2024
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 and six months ended July 31, 2025 and 2024, as follows:

	Three Months Ended July 31,				Six Months Ended July 31,
	2025		2024		2025		2024
Cost of subscription and maintenance revenue	$	11	$	9	$	22	$	18
Cost of other revenue	4		3		8		6
Marketing and sales	66		61		163		114
Research and development	84		76		173		142
General and administrative	26		21		55		39
Stock-based compensation expense related to stock awards and ESPP purchases	$	191	$	170	$	421	$	319

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:

	Six Months Ended July 31, 2025		Six Months Ended July 31, 2024
	Performance Stock Units (1)	ESPP (1)	Performance Stock Units	ESPP (2)
Range of expected volatilities	29.7 - 33.4%	29.1 - 29.5%	29.4 - 31.4%	28.7 - 34.5%
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	3.8 - 4.1%	4.0 - 4.3%	5.2%	4.6 - 5.4%

 _______________

(1)There were no ESPP awards or performance stock units granted during the three months ended July 31, 2025.

(2)There were no ESPP awards granted during the three months ended July 31, 2024.