Autodesk Q2 Earnings Analysis: Revenue Up 17.1%, EPS Up 22.1%

Autodesk reported Q2 2025 revenue of $1.76 billion, up 17.1% YoY, and EPS of $2.62, up from $2.15 YoY. Billings reached $1.68 billion, exceeding the $1.57 billion estimate. Net revenue from subscription and maintenance was $1.67 billion, up 17.5% YoY. Net revenue by product family showed significant growth in AECO (23.1%), MFG (12.8%), and AutoCAD and AutoCAD LT (13.1%).

Autodesk Inc. (NASDAQ: ADSK) reported its Q2 2025 financial results, showcasing robust performance that exceeded Wall Street's expectations. The company's revenue surged 17.1% year-over-year (YoY) to $1.76 billion, driven by strong growth in its Architecture, Engineering, Construction, and Operations (AECO) segment [1]. The company's earnings per share (EPS) stood at $2.62, up from $2.15 YoY, while billings reached $1.68 billion, exceeding the $1.57 billion estimate.

Net revenue from subscription and maintenance was $1.67 billion, up 17.5% YoY. Net revenue by product family showed significant growth in AECO (23.1%), MFG (12.8%), and AutoCAD and AutoCAD LT (13.1%) [2]. The company's net income for the quarter was $313 million, up from $287 million in the same period last year.

Autodesk's guidance for the next quarter (Q3 2025) was better than expected, with revenue projected to be between $1.8 billion and $1.81 billion, and non-GAAP EPS expected to range from $2.48 to $2.51 per share. For the full year, the company lifted its revenue guidance to $7.05 billion and raised its full-year adjusted EPS guidance to $9.89 [1].

The company's CFO, Janesh Moorjani, highlighted the strength in the AECO segment, where sustained investment in data centers, infrastructure, and industrial buildings offset softness in commercial segments. The Autodesk Store, billings linearity, and up-front revenue were also stronger than expected [1].

Autodesk's business outlook considers the current economic environment and foreign exchange currency rate environment. The company's free cash flow for the third quarter is expected to be $2,200-$2,275, and for the full year, it is projected to be $2,200-$2,275 [1].

The company's stock price has been volatile in recent months, reflecting broader market conditions and investor sentiment. However, the latest earnings report suggests a positive outlook for the company's future performance.

References:
[1] https://www.ainvest.com/news/autodesk-q2-revenue-17-1-eps-advances-1-46-2508/
[2] https://www.ainvest.com/news/autodesk-q2-earnings-exceed-expectations-shares-surge-10-2508/