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Autodesk10-K: Recurring revenue shift

Revenue from top distributor TD Synnex drops from 39% to 14% amid shift to direct sales model.

What happened

Autodesk is fundamentally changing its go-to-market strategy by transacting directly with more customers, causing revenue from its largest distributor, TD Synnex, to fall from 39% to 14% in two years. This shift creates a need for platforms to manage direct sales, customer data, and self-service experiences.

Source

SEC EDGARMar 3, 2026

Annual report (Form 10-K)

Autodesk 10-K for FY2026

Filing excerpt

Revenue through our largest distributor, TD Synnex Corporation and its global affiliates (collectively, “TD Synnex”), accounted for 14%, 33%, and 39% of our net revenue for the fiscal years ended January 31, 2026, 2025 and 2024, respectively.

sec.gov/Archives/edgar/data/769397/000076939726000015/adsk-20260131.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Recurring revenue shift

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2026
Fiscal year end
01/31
Filed
Mar 3, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Percent
14% (Percentage of net revenue from distributor TD Synnex in fiscal year 2026, down from 0.39 in fiscal year 2024.)

Details

CIK
769397
Accession number
0000769397-26-000015
Timeframe
Current year
Filing year
2026
Why it matters
Billing/subscription tools

Topics and mentions

Vendors

  • TD Synnex

Extraction

Confidence
High
Relevance
90%
Sentiment
Neutral
Detected
Mar 10, 2026
signal_type
sec-10k
signal_subtype
recurringRevenueShift

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/569321ec-4619-4667-b815-7a95a1a53eaf returns this record as JSON. POST /v1/companies/enrich returns every signal for autodesk.com.

{
  "signal_id": "569321ec-4619-4667-b815-7a95a1a53eaf",
  "signal_type": "sec-10k",
  "signal_subtype": "recurringRevenueShift",
  "detected_at": "2026-03-10T06:43:08.908+00:00",
  "company": {
    "name": "Autodesk",
    "domain": "autodesk.com"
  },
  "data": {
    "detail": "Autodesk is fundamentally changing its go-to-market strategy by transacting directly with more customers, causing revenue from its largest distributor, TD Synnex, to fall from 39% to 14% in two years. This shift creates a need for platforms to manage direct sales, customer data, and self-service experiences.",
    "metrics": {
      "pct": 0.14,
      "timeframe": "current_year",
      "pct_context": "Percentage of net revenue from distributor TD Synnex in fiscal year 2026, down from 0.39 in fiscal year 2024."
    },
    "summary": "Revenue from top distributor TD Synnex drops from 39% to 14% amid shift to direct sales model.",
    "excerpts": "Revenue through our largest distributor, TD Synnex Corporation and its global affiliates (collectively, “TD Synnex”), accounted for 14%, 33%, and 39% of our net revenue for the fiscal years ended January 31, 2026, 2025 and 2024, respectively.",
    "relevance": 0.9,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/769397/000076939726000015/adsk-20260131.htm",
    "filing_date": "2026-03-03",
    "filing_year": 2026,
    "fiscal_year_end": "01/31",
    "sales_relevance": "Billing/subscription tools",
    "signal_category": "revenue",
    "vendors_mentioned": [
      "TD Synnex"
    ]
  }
}

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