Autodesk shares soar 9% as Q2 results and outlook exceed expectations

Published 28/08/2025, 21:08
© Shutterstock

Investing.com -- Autodesk, Inc. (NASDAQ:ADSK) shares jumped 9% after the design software giant reported second-quarter fiscal 2026 results that exceeded analyst expectations and raised its full-year guidance, driven by strong performance in its architecture, engineering, construction, and operations (AECO) segment.

The company reported adjusted earnings per share of $2.62, surpassing the analyst consensus of $2.45 by $0.17. Revenue climbed 17% YoY (18% in constant currency) to $1.76 billion, above the $1.72 billion analysts had expected. The strong performance was fueled by sustained investment in data centers, infrastructure, and industrial buildings, which more than offset softness in commercial construction.

"Q2 was another strong quarter. We saw strength in AECO, where our customers are benefiting from sustained investment in data centers, infrastructure, and industrial buildings, which is more than offsetting softness in commercial," said Janesh Moorjani, Autodesk CFO.

Autodesk raised its full-year guidance, now expecting revenue between $7.025 billion and $7.075 billion, up from the previous consensus of $6.97 billion. The company also increased its adjusted EPS forecast to $9.80-$9.98, above the prior consensus of $9.66.

For the third quarter, Autodesk projects revenue of $1.8-$1.81 billion and adjusted EPS of $2.48-$2.51, both exceeding analyst expectations.

The company’s AECO segment showed particularly strong growth, with revenue increasing 23% YoY to $878 million. Billings surged 36% to $1.68 billion, while free cash flow more than doubled, rising 122% to $451 million.

"For more than a decade, Autodesk has been at the forefront of innovation in BIM, SaaS, generative design, and now in generative AI," said Andrew Anagnost, Autodesk president and CEO. "We’re excited about the road ahead not only because of the industry-leading AI tools and foundation models we are creating."

Autodesk also announced that previously disclosed investigations by the SEC and U.S. Attorney’s Office regarding the company’s free cash flow and non-GAAP operating margin practices have been closed.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.