v3.26.1
Derivative Instruments
 3 Months Ended
Apr. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments Derivative Instruments
The effects of derivatives designated as hedging instruments on Autodesk’s Condensed Consolidated Statements of Operations were as follows for the three months ended April 30, 2026 and 2025 (amounts presented include any income tax effects):
Three Months Ended April 30,
20262025
Amount of gain (loss) recognized in accumulated other comprehensive income, net of tax, (effective portion)
$10 $(23)
Amount and location of gain (loss) reclassified from accumulated other comprehensive loss into income (effective portion)
Net revenue$(10)$8 
Operating expenses— (5)
Total$(10)$3 

The amount and location of gains or losses recognized in net income of derivatives not designated as hedging instruments on Autodesk’s Condensed Consolidated Statements of Operations were as follows for the three months ended April 30, 2026 and 2025, (amounts presented include any income tax effects):
 Three Months Ended April 30,
20262025
Amount and location of (loss) gain recognized in net income
Operating income (expense)$3 $— 
Interest and other income (loss), net6 (31)

See Note 5, “Financial Instruments” for the fair values of derivative instruments in Autodesk’s Condensed Consolidated Balance Sheets as of April 30, 2026, and January 31, 2026.

Foreign currency contracts designated as cash flow hedges

Autodesk uses foreign currency contracts to reduce the exchange rate impact on a portion of the net revenue or operating expense of certain anticipated transactions. These currency collars and forward contracts are designated and documented as cash flow hedges. The notional amounts of these contracts are presented net settled and were $2.27 billion at April 30, 2026, and $2.06 billion at January 31, 2026. Outstanding contracts are recognized as either assets or liabilities on the Company's Condensed Consolidated Balance Sheet at fair value. The majority of the net loss of $7 million remaining in “Accumulated other comprehensive loss” as of April 30, 2026, is expected to be recognized into earnings within the next 24 months.

Derivatives not designated as hedging instruments
Autodesk uses foreign currency contracts that are not designated as hedging instruments to reduce the exchange rate risk associated primarily with foreign currency denominated receivables, payables, and cash. The notional amounts of these foreign currency contracts are presented net settled and were $450 million at April 30, 2026, and $858 million at January 31, 2026.