Autodesk's total net revenue increased by 12% to $1.51 billion for the three months ended July 31, 2024, and to $2.92 billion for the six months ended July 31, 2024, compared to the same periods in the prior fiscal year. Subscription revenue grew by 11% for both the three and six-month periods, contributing significantly to the overall revenue increase. Recurring revenue accounted for 97% of net revenue for both the three and six months ended July 31, 2024. The net revenue retention rate (NR3) remained within the range of 100% and 110% on a constant currency basis for both the three and six months ended July 31, 2024. Deferred revenue decreased by 13% to $3.69 billion compared to the fourth quarter of the prior fiscal year. Remaining performance obligations (RPO) decreased by 4% to $5.86 billion compared to the fourth quarter of the prior fiscal year, with $3.90 billion expected to be recognized as revenue in the next 12 months. The company completed acquisitions of Payapps, PIX, and Aether Media for a total consideration of $784 million in cash. Operating cash flow decreased to $706 million for the six months ended July 31, 2024, from $858 million in the same period of the prior year. Autodesk repurchased 504 thousand shares of its common stock for $124 million during the six months ended July 31, 2024.