Autodesk Soars 9.45% on Q2 Revenue Surge, AI Success

On August 29, 2025, Autodesk's stock price surged by 9.45% in pre-market trading, reflecting a series of positive developments in the second quarter.

Autodesk reported a 17% year-over-year increase in revenue for the second quarter, reaching $1.76 billion. This growth was driven by strong performance in the construction segment, which saw sustained revenue and new customer momentum. The company's strategic investments in AI and cloud technologies have also contributed to its success, with AI-powered features achieving high acceptance rates among users.

In response to these positive results, Autodesk raised its annual revenue and profit forecasts. The company now expects full-year billings of $7.355 billion to $7.445 billion, revenue of $7.025 billion to $7.075 billion, and a non-GAAP operating margin of approximately 37%. Autodesk's management also reiterated its long-term margin and capital allocation targets, including a 41% reported non-GAAP operating margin for fiscal 2029.

Autodesk's disciplined approach to capital allocation, which includes organic innovation and targeted M&A, has positioned the company for continued growth. The company has repurchased 2.5 million shares year-to-date for $709 million and increased its fiscal 2026 share buyback targets to $1.2 billion–$1.3 billion. This strategy allows Autodesk to maintain flexibility while focusing on extending its competitive strengths in core adjacencies through smaller acquisitions and buybacks.