• Total billings decreased 11 percent to $5.18 billion.
• Total revenue was $5.50 billion, an increase of 10 percent as reported, and 13 percent on a constant currency basis. Recurring revenue represents 98 percent of total.
• Design revenue was $4.65 billion, an increase of 9 percent as reported, and 12 percent on a constant currency basis.
• Make revenue was $523 million, an increase of 16 percent as reported, and 18 percent on a constant currency basis.
• Subscription plan revenue was $5.12 billion, an increase of 10 percent as reported, and 13 percent on a constant currency basis.
• Total subscriptions increased approximately 785 thousand from the end of fiscal 2023 to 7.53 million at the end of fiscal 2024. Total subscriptions adjusted for the multi-user trade-in increased approximately 715 thousand from fiscal 2023 to 6.97 million.
• GAAP operating income was $1.13 billion, compared to $989 million last year. GAAP operating margin was 21 percent, up 1 percentage point.
• Total non-GAAP operating income was $1.96 billion, compared to $1.79 billion last year. Non-GAAP operating margin was 36 percent, flat compared to the prior period.
• GAAP diluted net income per share was $4.19, compared to $3.78 last year.
• Non-GAAP diluted net income per share was $7.60, compared to $6.63 last year.
• Cash flow from operating activities decreased to $1.31 billion, compared to $2.07 billion in fiscal 2023. Free cash flow decreased to $1.28 billion, compared to $2.03 billion in fiscal 2023.

Net Revenue by Geographic Area