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A AUTODESK . AUTODESK , INC . ANNOUNCES FISCAL 2022 SECOND QUARTER RESULTS Revenue and Current Remaining Performance Obligations Accelerate , Increasing 16 % to $ 1,060 million and 24 % to $ 2,854 million , Respectively , Driven by Strength in New Business and Resilient Subscription Model SAN FRANCISCO , Calif . , AUGUST 25 , 2021-- Autodesk , Inc. ( NASDAQ : ADSK ) today reported financial results for the second quarter of fiscal 2022 . All growth rates are compared to the second quarter of fiscal 2021 , unless otherwise noted . A reconciliation of GAAP to non - GAAP results is provided in the accompanying tables . For definitions , please view the Glossary of Terms later in this document . Second Quarter Fiscal 2022 Financial Highlights ● ● Total revenue increased 16 percent to $ 1,060 million ; GAAP operating margin was 14 percent , down 2 percentage points ; Non - GAAP operating margin was up 2 percentage points to 31 percent ; GAAP diluted EPS was $ 0.52 ; Non - GAAP diluted EPS was $ 1.21 ; Cash flow from operating activities was $ 202 million ; free cash flow was $ 186 million . " Sustained and purposeful innovation to enable digital transformation in the industries we serve is changing our relationship with our customers from software vendor to strategic partner , ” said Andrew Anagnost , Autodesk president and CEO . “ And that is enabling us to create more value through end - to - end , cloud - based solutions that connect data and workflows , and power business model evolution . By helping our customers grow , we will grow too , giving us confidence in our FY 23 goals and beyond . " " Robust growth in new product subscriptions , accelerating digital sales , and improving subscription renewal rates drove our strong second quarter results , ” said Debbie Clifford , Autodesk CFO . " Our strong start to the year means we are raising our FY22 revenue and margin guidance and shifting more of our EBA customers from multi - year paid up front to annual billings , benefiting both our customers and Autodesk . " Additional Financial Details ● Total billings increased 29 percent to $ 1,015 million . Total revenue was $ 1,060 million , an increase of 16 percent as reported , and 14 percent on a constant currency basis . Recurring revenue represents 98 percent of total . Design revenue was $ 944 million , an increase of 15 percent as reported , and 13 percent on a constant currency basis . On a sequential basis , Design revenue increased 7 percent as reported , and 6 percent on a constant currency basis . Make revenue was $ 90 million , an increase of 26 percent as reported , and 25 percent on a constant currency basis . On a sequential basis , Make revenue increased 10 percent as reported , and 9 percent on a constant currency basis . 1