Autodesk Inc reported a 17% increase in revenue to $1.76 billion in Q2 FY26, surpassing estimates. The Architecture, Engineering, Construction, and Operations segment saw a 23% YoY revenue increase. GAAP EPS was $1.46, beating estimates, while non-GAAP EPS was $2.62. Cash flow from operating activities surged 117% to $460 million. The company raised its full-year guidance, reflecting confidence in its business strength.
Autodesk Inc. (NASDAQ: ADSK) reported robust financial results for the second quarter of fiscal 2026, ending July 31, 2025. The company's revenue grew by 17% to $1.763 billion, surpassing estimates, driven by strong performance in its Architecture, Engineering, Construction, and Operations (AECO) segment. This growth was further boosted by an 18% increase on a constant currency basis [2].
The company's net income for the quarter was $313 million, up from $287 million in the same period last year. Earnings per share (EPS) stood at $1.46, up from $1.30. The non-GAAP EPS was $2.62, an increase of $0.47 from the previous year [2].
Cash flow from operating activities surged 117% to $460 million, reflecting the company's strong performance across various segments. The AECO segment led growth with a 23% increase to $878 million, while AutoCAD and AutoCAD LT grew 13% to $440 million. The Manufacturing segment also showed solid performance with 13% growth to $334 million [1].
The company has raised its full-year guidance to reflect the underlying strength of the business in the first half of the year and additional foreign exchange tailwinds. The EPS guidance for the third quarter is $2.48-$2.51, with revenue guidance at $1.8-$1.81 billion. For the full year, EPS guidance is $9.80-$9.98, with revenue guidance at $7.025-$7.075 billion [2].
The company's stock price has been volatile in recent months, reflecting the 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.investing.com/news/company-news/autodesk-q2-fy26-slides-revenue-growth-accelerates-to-17-billings-surge-36-93CH-4215387
[2] https://www.ainvest.com/news/autodesk-q2-revenue-17-1-eps-advances-1-46-2508/
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