Autodesk 2026 Q3 Earnings Revenue and Net Income Surge 18.8% and 24.7% Respectively

Autodesk (ADSK) delivered a strong Q3 2026 performance, with revenue and earnings per share (EPS) exceeding expectations. The company raised full-year guidance across all metrics, driven by robust growth in core segments and strategic initiatives.

Revenue

Autodesk’s Q3 revenue of $1.74 billion marked an 18.8% increase compared to the previous year, driven by robust performance across its subscription and maintenance segments. Subscription revenue alone accounted for $1.73 billion, reflecting sustained demand for its cloud-based solutions. Maintenance revenue contributed $8 million, while additional revenue streams, including other segments, added $111 million to the total. Total net revenue for the quarter reached $1.85 billion, underscoring the company’s ability to monetize its expanding product ecosystem.

Earnings/Net Income

Autodesk’s EPS rose 25.8% to $1.61, while net income surged 24.7% to $343 million. These results highlight the company’s disciplined cost management and operational efficiency, which have bolstered profitability.

Price Action

The stock price edged up 1.43% during the latest trading day but declined 5.90% month-to-date, reflecting mixed investor sentiment ahead of the earnings report.

Post-Earnings Price Action Review

The strategy of purchasing Autodesk shares 30 days post-earnings and holding for another 30 days yielded moderate returns but lagged behind the market. With a CAGR of 3.67%, the strategy trailed the benchmark by 62.56 percentage points. A maximum drawdown of 0% and a Sharpe ratio of 0.19 indicated a low-risk profile, suitable for investors prioritizing stability over high growth.

CEO Commentary

CEO Andrew Anagnost emphasized Autodesk’s “most far-reaching transformations in enterprise software,” citing strong Q3 performance and full-year guidance raises. He highlighted AI-driven automation and cloud innovation as key growth drivers, expressing confidence in long-term value creation despite macroeconomic uncertainties.

Guidance

Autodesk raised full-year 2026 guidance, projecting revenue of $7.15–$7.165 billion and non-GAAP EPS of $10.18–$10.25. The company also plans $1.3 billion in stock buybacks, a 50% increase from fiscal 2025, and anticipates margin expansion toward long-term goals.

Additional News

Autodesk recently shifted focus to organic growth, forgoing a potential acquisition of PTC to prioritize cloud and AI initiatives. The company also announced a 9% workforce reduction to enhance operational efficiency, aligning with cost discipline. Additionally, Autodesk’s buyback program expansion signals confidence in its financial resilience and market position.

Full-Year Outlook

The raised guidance underscores Autodesk’s momentum in AECO, manufacturing, and the Autodesk Store. With AI integration and ecosystem expansion, the company aims to solidify its leadership in design and engineering software while navigating macroeconomic headwinds.