Net Income Per Share

6 Months Ended

Jul. 31, 2026

Basic net income per share is computed using the weighted average common shares outstanding for the period. Diluted net income per share is computed using the weighted average common shares outstanding for the period and potentially dilutive common shares, including unvested restricted stock units, performance share awards, and stock options using the treasury stock method. The following table sets forth the computation of the numerators and denominators used in the basic and diluted net income per share amounts:


	Three Months Ended July 31,				Six Months Ended July 31,
	2026		2025		2026		2025
Numerator:
Net income	$	492	$	313	$	983	$	465
Denominator:
Denominator for basic net income per share—weighted average shares	210		213		211		214
Effect of dilutive securities	1		2		1		2
Denominator for dilutive net income per share	211		215		212		216
Basic net income per share	$	2.34	$	1.47	$	4.66	$	2.17
Diluted net income per share	$	2.33	$	1.46	$	4.64	$	2.15

The computation of diluted net income per share does not include shares that are anti-dilutive under the treasury stock method because their exercise prices are higher than the average market value of Autodesk’s stock during the periods. For the three and six months ended July 31, 2026, there were 1.7 million and 1.2 million anti-dilutive shares excluded from the computation of diluted net income per share. For the three and six months ended July 31, 2025, there were none and 90 thousand anti-dilutive shares excluded from the computation of diluted net income per share.