ADSK Q1 2026 Earnings
Reported May 22, 2025 at 4:01 PM ET · SEC Source
Q1 26 EPS
$2.29
BEAT +6.67%
Est. $2.15
Q1 26 Revenue
$1.63B
BEAT +1.64%
Est. $1.61B
vs S&P Since Q1 26
-44.3%
TRAILING MARKET
ADSK -19.8% vs S&P +24.4%
Market Reaction
Did ADSK Beat Earnings? Q1 2026 Results
Autodesk opened fiscal 2026 on a firm footing, posting first-quarter revenue of $1.63 billion, up 15.7% year-over-year and ahead of the $1.61 billion consensus, while non-GAAP EPS of $2.29 topped the $2.15 estimate by 6.67%, underlining the durabilit… Read more Autodesk opened fiscal 2026 on a firm footing, posting first-quarter revenue of $1.63 billion, up 15.7% year-over-year and ahead of the $1.61 billion consensus, while non-GAAP EPS of $2.29 topped the $2.15 estimate by 6.67%, underlining the durability of the company's subscription-driven model. The standout engine behind the beat was the AECO segment, which grew 20% to $809 million as demand for architecture, engineering, and construction tools accelerated, complemented by a 29% surge in billings to $1.43 billion that signals healthy future revenue visibility. Non-GAAP operating margin expanded three percentage points to 37%, though a $105 million restructuring charge weighed on GAAP results, pulling GAAP EPS down to $0.70. Shares rose more than 3% on the results, reflecting investor confidence in management's continued push into cloud, platform, and AI capabilities. Looking ahead, Autodesk guided full-year FY26 revenue of $6.93 billion to $7.00 billion and non-GAAP EPS of $9.50 to $9.73, with leadership acknowledging macroeconomic uncertainty as a measured factor in those assumptions.
Key Takeaways
- • AECO product family grew 20% YoY, the fastest-growing product family
- • Make business grew 23% YoY driven by cloud-based product subscriptions
- • Billings surged 29% YoY to $1,434 million
- • Non-GAAP operating margin expanded 3 percentage points to 37%
- • Remaining performance obligations grew 21% YoY to $7,157 million
- • Subscription revenue grew to $1,532 million from $1,330 million YoY
ADSK YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
ADSK Revenue by Segment
With YoY comparisons, source: SEC Filings
ADSK Revenue by Geography
With YoY comparisons, source: SEC Filings
“Against an uncertain geopolitical, macroeconomic, and policy backdrop, our strong performance in the first quarter of fiscal 26 set us up well for the year. We continue to make the right decisions to drive long-term shareholder value by focusing on our strategic priorities in cloud, platform, and AI; optimizing our sales and marketing to drive higher margins; and allocating more capital to share repurchases as our free cash flow grows.”
— Andrew Anagnost, Q1 2026 Earnings Press Release
ADSK Earnings Trends
ADSK vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ADSK EPS Trend
Earnings per share: estimate vs actual
ADSK Revenue Trend
Quarterly revenue: estimate vs actual
ADSK Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 BEAT FY | $2.64 | $2.85 | +7.95% | $1.96B | +2.43% |
| FY Full Year | $10.24 | $10.43 | +1.86% | $7.21B | +0.65% |
| Q3 26 BEAT | $2.50 | $2.67 | +6.89% | $1.85B | +2.57% |
| Q2 26 BEAT | $2.45 | $2.62 | +6.90% | $1.76B | +2.22% |
| Q1 26 BEAT | $2.15 | $2.29 | +6.67% | $1.63B | +1.64% |