AUTODESK INC
ADSK
Information Technology
1
exclusion reason
1 theme
AUTODESK INC is screened out under 1 exclusion reason spanning 1 issue category.
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.
In April 2024, Autodesk disclosed an internal investigation into its free cash flow and non-GAAP operating margin reporting practices, announced via SEC Form 8-K. The company delayed its 10-K filing while the probe was underway.
Construction Dive and Bloomberg reported that Autodesk's shift to a subscription billing model may have been used to present "net revenue" figures in a more favorable light to shareholders while actual operating margins lagged. The internal probe examined whether financial metrics were being reported in ways that created a misleading picture of business performance.
In February 2025, Autodesk announced a 9% workforce reduction. While restructuring is common in the sector, the timing — immediately following the accounting probe — suggests the cost of management's reporting errors was externalized onto the workforce.
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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