Autodesk 2026 Q2 Earnings Beats Expectations with 11.0% Net Income Growth

Autodesk (ADSK) reported its fiscal 2026 Q2 earnings on Sep 02nd, 2025, delivering results that exceeded expectations. The company raised its full-year guidance amid strong revenue performance and foreign exchange tailwinds, highlighting robust operational execution and strategic momentum in key growth areas.

Revenue
Autodesk’s total revenue grew by 17.5% to $1.67 billion in 2026 Q2, up from $1.42 billion in the same period a year earlier. The subscription and maintenance model continues to drive the business, with subscription revenue accounting for nearly all of the total revenue at $1.66 billion, supplemented by $9 million in maintenance and $96 million in other revenue. The Design segment led the way with $1,472 million in revenue, reflecting strong demand for core design tools and industry collections. The Make segment, representing cloud-based product subscriptions, contributed $194 million in revenue, while the Other category added $97 million. Revenue growth was particularly strong in the Americas and EMEA, with APAC also showing steady expansion.

Earnings/Net Income
Earnings per share (EPS) increased by 12.2% to $1.47 in 2026 Q2 from $1.31 in 2025 Q2. Net income also rose by 11.0% to $313 million from $282 million, underscoring the company’s improving profitability. These results reflect the company’s ability to scale its AI and SaaS offerings while maintaining strong operational margins. The earnings growth is a positive indicator of Autodesk’s financial health and execution efficiency.

Price Action
The stock price of Autodesk has edged up 1.96% during the latest trading day, has jumped 11.85% during the most recent full trading week, and has climbed 5.30% month-to-date. The positive price movement reflects investor confidence in the company’s strategic direction and financial performance.

Post-Earnings Price Action Review
Andrew Anagnost, Autodesk President and CEO, highlighted the company’s decade-long innovation in BIM, SaaS, generative design, and generative AI, emphasizing the development of industry-specific foundation models and AI tools capable of understanding complex design and make data. He expressed optimism about the future, driven by the company’s go-to-market strategy, industry cloud, and platform ecosystem, which he believes will scale AI successfully. Anagnost noted Q2 as another strong quarter, with particular strength in the AECO sector driven by sustained investment in data centers, infrastructure, and industrial buildings, which offset softness in commercial markets.

Guidance
Autodesk raised its full-year fiscal 2026 guidance to reflect the underlying strength in the first half of the year and foreign exchange tailwinds, with revenue expected to be in the range of $7,025 to $7,075 million and non-GAAP EPS projected between $9.80 and $9.98. For Q3, the company expects revenue of $1,800 to $1,810 million and non-GAAP EPS of $2.48 to $2.51.

Additional News
On July 31, 2025, Autodesk announced its fiscal 2026 Q2 financial results, marking a significant milestone in the company's strategic transformation and innovation in AI-driven design tools. Revenue for the quarter reached $1.76 billion, representing a 17% year-over-year increase and a 18% increase on a constant currency basis. The company emphasized its advancements in generative AI and BIM, as well as the successful scaling of its industry-specific foundation models.

In a major regulatory development, the U.S. Securities and Exchange Commission (SEC) and the United States Attorney’s Office for the Northern District of California closed their investigations into Autodesk’s free cash flow and non-GAAP operating margin practices. The investigations had been ongoing since March 2024, when the company voluntarily contacted the SEC regarding potential accounting issues. The closure of these matters signifies resolution of a key risk factor and paves the way for continued investor confidence in the company’s financial reporting.

Looking ahead, Autodesk will host an earnings conference call on August 28, 2025, at 5 p.m. ET to discuss its Q2 results in detail. A live webcast of the call will be available at autodesk.com/investor, with a replay accessible later in the evening. Additional investor materials, including an investor presentation and Excel financials, will also be available on the company’s investor relations website.