Autodesk Inc (ADSK)
NASDAQ:ADSK
Want to see ADSK full AI Analyst Report?
Earnings Data
Report Date
Aug 26, 2026After Close (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
3.12Last Year’s EPS
2.62Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: double-digit revenue and billings growth, robust margins (39% non-GAAP), sizable free cash flow, an increase in guidance, and strategic expansion into operations via the MaintenX acquisition (>$135M ARR, >50% growth). These positives were balanced by expected short-term impacts from the sales reorganization on new business, near-term RPO/unbilled revenue effects from contract term changes, discrete restructuring cash outflows, and execution/integration risks associated with a large acquisition. Management emphasized that the reorg impacts were within guidance, that margin targets and capital allocation discipline remain intact, and that MaintenX is strategically additive to Autodesk’s AI and digital twin roadmap.Company Guidance
Top-Line Growth
Total revenue grew 18% as reported and 16% in constant currency for Q1 fiscal 2027, driven by strength in AECO (particularly construction) and emerging markets. Management noted revenue and EPS above the high end of guidance for the quarter.
Billings and Transition Progress
Billings increased 18% as reported and 15% in constant currency. The new transaction model provided a tailwind (~3.5% to revenue and ~1.5% to billings in Q1). The company completed the transition to annual billings for most multiyear contracts, removing that source of noise going forward.
Margins and Profitability
Q1 GAAP operating margin was 28% and non-GAAP operating margin was 39%. GAAP operating margin increased approximately 14% (driven by the absence of one-time charges and underlying improvements) while non-GAAP operating margin rose ~2%, reflecting operating leverage and sales optimization benefits.
Strong Free Cash Flow and Capital Allocation
Q1 free cash flow was $876 million (seasonal strength). The company repurchased ~1.9 million shares for $448 million in the quarter and expects buybacks in fiscal 2027 to be similar in total dollars to fiscal 2026, with roughly 50% of flow applied to reducing share count over time.
Raised Fiscal 2027 Guidance
Autodesk raised the bottom end of billings guidance to $8.505B–$8.580B and raised revenue guidance to $8.155B–$8.215B. Non-GAAP operating margin guidance was increased to ~39% and the bottom end of free cash flow guidance was raised to $2.725B–$2.8B.
Strategic Acquisition — MaintenX
Announced definitive agreement to acquire MaintenX, a modern maintenance and asset operations solution. MaintenX is expected to achieve in excess of $135M ARR this calendar year with growth in excess of 50%. Management says the acquisition expands Autodesk's addressable market (operations TAM cited at ~$40B) and will accelerate digital twins, predictive maintenance and AI-enabled operational workflows.
Product and Commercial Momentum
Momentum in key product areas: Forma for Construction and Fusion showed accelerating growth. Multiple notable customer wins and expansions (e.g., Dome Construction, Essex Services Group, Berlin Water, Loh Services, an unnamed US automaker, Schiedel) highlighted consolidation onto Autodesk's platform across design-to-construction and manufacturing workflows.
AI and Differentiation
Management emphasized a hybrid AI approach — combining probabilistic frontier models with deterministic engineering validation using parametric and physics-based engines. Autodesk positions its geometry-rich data, workflow context, and domain expertise as differentiators for building industry-specific, agentic AI workflows and higher-fidelity 3D foundation models.
ADSK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ADSK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 28, 2026 | $240.95 | $231.31 | -4.00% |
Feb 26, 2026 | $233.45 | $245.87 | +5.32% |
Nov 25, 2025 | $294.43 | $301.38 | +2.36% |
Aug 28, 2025 | $288.49 | $314.70 | +9.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Autodesk Inc (ADSK) report earnings?
Autodesk Inc (ADSK) is schdueled to report earning on Aug 26, 2026, After Close (Confirmed).
What is Autodesk Inc (ADSK) earnings time?
Autodesk Inc (ADSK) earnings time is at Aug 26, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ADSK EPS forecast?
ADSK EPS forecast for the fiscal quarter 2027 (Q2) is 3.12.
