Autodesk 2026 Q3 Earnings Strong Performance as Net Income Surges 24.7%

Autodesk (ADSK) reported fiscal 2026 Q3 earnings on Nov 25, 2025, delivering results that exceeded expectations. Revenue rose 18.8% to $1.74 billion, while non-GAAP EPS hit $2.67, surpassing forecasts. The company raised full-year guidance, reflecting confidence in its growth trajectory and strategic execution.

Revenue

Total subscription and maintenance revenue reached $1.74 billion, driven by a robust $1.73 billion in subscription revenue, while maintenance revenue amounted to $8 million. The "Other" segment contributed $111 million, and total net revenue climbed to $1.85 billion. The Architecture, Engineering, Construction, and Operations (AECO) segment led growth at 23%, generating $921 million, followed by a 19% increase in the core Design business to $1.537 billion. Geographically, EMEA outperformed with a 23% year-over-year rise to $715 million, while the Americas and Asia-Pacific posted 16% and 12% growth, respectively.

Earnings/Net Income

Autodesk’s EPS surged 25.8% to $1.61, with net income climbing 24.7% to $343 million. The EPS and net income growth underscore the company’s strong financial performance and profitability expansion.

Price Action

The stock edged up 1.43% in the latest trading day but dropped 5.90% month-to-date.

Post-Earnings Price Action Review

The strategy of buying Autodesk shares 30 days post-earnings and holding for 30 days yielded moderate returns but underperformed the market. With a CAGR of 3.67%, it lagged the benchmark by 62.56 percentage points. A maximum drawdown of 0% and a Sharpe ratio of 0.19 highlight its low-risk, conservative nature, suitable for stability-focused investors.

CEO Commentary

CEO Andrew Anagnost emphasized strategic priorities: cloud-based workflow integration, AI-driven automation, and ecosystem expansion. He expressed confidence in navigating macroeconomic challenges through innovation and business model redefinition.

Guidance

Autodesk raised full-year 2026 guidance: billings to $7.465M–$7.525M, revenue to $7.15M–$7.165M, and free cash flow to $2.26M–$2.29M. Stock buybacks are targeted at $1.3B, a 50% increase from fiscal 2025.

Additional News

Autodesk faces speculation about a potential $21.5B PTC acquisition, though no final decision has been made. The CEO highlighted AI and cloud integration as key growth drivers, while the company announced a $1.3B stock buyback plan. Analysts remain optimistic about long-term value creation amid strategic advancements.

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