ADSK Q2 2026 Earnings
Reported Aug 28, 2025 at 4:03 PM ET · SEC Source
Q2 26 EPS
$2.62
BEAT +6.90%
Est. $2.45
Q2 26 Revenue
$1.76B
BEAT +2.22%
Est. $1.72B
vs S&P Since Q2 26
-35.1%
TRAILING MARKET
ADSK -23.4% vs S&P +11.7%
Market Reaction
Did ADSK Beat Earnings? Q2 2026 Results
Autodesk delivered a strong fiscal second quarter of 2026, beating Wall Street expectations on both the top and bottom lines as revenue climbed 17.5% year-over-year to $1.76 billion, ahead of the $1.72 billion consensus, while non-GAAP EPS of $2.62 t… Read more Autodesk delivered a strong fiscal second quarter of 2026, beating Wall Street expectations on both the top and bottom lines as revenue climbed 17.5% year-over-year to $1.76 billion, ahead of the $1.72 billion consensus, while non-GAAP EPS of $2.62 topped the $2.45 estimate by 6.90%. The primary engine behind the outperformance was the Architecture, Engineering, Construction, and Operations segment, which generated $878.00 million in revenue, up 23% year-over-year, driven by sustained investment in data centers, infrastructure, and industrial buildings that more than offset softness in commercial construction. Billings surged 36% to $1.68 billion, reflecting stronger-than-expected performance from the Autodesk Store and improved revenue recognition dynamics. Free cash flow more than doubled year-over-year to $451.00 million, underscoring the improving quality of earnings. Shares jumped more than 9% in after-hours trading following the results. Management raised full-year fiscal 2026 guidance, now targeting revenue of $7.03 billion to $7.08 billion and non-GAAP EPS of $9.80 to $9.98, reflecting first-half momentum and favorable foreign exchange tailwinds.
Key Takeaways
- • AECO segment strength driven by sustained investment in data centers, infrastructure, and industrial buildings
- • Autodesk Store performance stronger than expected
- • Billings linearity during the quarter stronger than expected
- • Up-front revenue stronger than expected
- • Foreign exchange tailwinds
- • Make business grew 20% YoY driven by cloud-based product subscriptions
ADSK YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
ADSK Revenue by Segment
With YoY comparisons, source: SEC Filings
ADSK Revenue by Geography
With YoY comparisons, source: SEC Filings
“For more than a decade, Autodesk has been at the forefront of innovation — in BIM, SaaS, generative design, and now in generative AI. We have been building industry-specific foundation models and products capable of understanding and reasoning about 2D and 3D geometry, design and make data, complex structures, and even physical behavior.”
— Andrew Anagnost, Q2 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% |