- For the third quarter, Autodesk forecasts adjusted earnings per share (EPS) between $2.48 and $2.51, surpassing the estimate of $2.40.
- Projected revenue for the third quarter ranges from $1.80 billion to $1.81 billion, exceeding the forecasted $1.77 billion.
- In the second quarter, Autodesk’s adjusted EPS was $2.62, compared to $2.15 year-over-year, beating the estimate of $2.45.
- The company reported net revenue of $1.76 billion for the second quarter, a 17% increase year-over-year, and ahead of the $1.72 billion estimate.
- Subscription net revenue rose by 18% year-over-year, reaching $1.66 billion, slightly above the estimated $1.63 billion.
- Maintenance net revenue decreased by 18% year-over-year to $9 million, yet surpassed the $8.49 million estimate.
- Other net revenue increased by 12% year-over-year to $96 million, beyond the estimated $88.8 million.
- Remaining performance obligations were reported at $7.30 billion, a 24% increase year-over-year, considerably higher than the $5.88 billion estimate.
- The adjusted operating margin improved to 39%, up from 37% year-over-year, exceeding the estimate of 37.8%.
- Free cash flow surged to $451 million, more than double the prior year’s $203 million, and well above the expected $194.5 million.
- Despite unchanged full-year macroeconomic assumptions, Autodesk has raised its full-year guidance due to the strong business performance in the first half of the year and beneficial foreign exchange conditions.
- Following the announcements, Autodesk shares increased by 6.1% in post-market trading, reaching $306.00.
- Recent analyst ratings include 22 buys, 9 holds, and no sells.
Autodesk Inc on Smartkarma
Analyst coverage of Autodesk Inc on Smartkarma by Baptista Research reveals a positive outlook for the company. In the report titled “Transition to New Transaction Model to Maintain A Strong Foothold Amidst Macroeconomic Challenges,” Autodesk delivered solid results in the first quarter of fiscal 2026, surpassing revenue and earnings expectations. The strategic shift towards annual billings for multi-year contracts contributed significantly to the revenue growth and billing increase.
Furthermore, in the report “Is Its Strong Push Towards Cloud-Based Collaboration & AI-Driven Design Expected To Give It Any Kind Of A Competitive Edge?” Autodesk reported robust fourth-quarter and full-year results for fiscal 2025, exceeding expectations despite foreign exchange headwinds. The company’s restructuring efforts focus on optimizing strategies, enhancing partnerships, and reallocating resources towards cloud and AI, aiming to improve efficiency and non-GAAP margins in the upcoming years.
A look at Autodesk Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Autodesk Inc‘s long-term outlook seems positive based on the Smartkarma Smart Scores. With a strong Growth score of 4, the company is positioned for expansion and development. Additionally, its high Resilience and Momentum scores of 4 each indicate stability and a growing presence in the market. While the Value score is moderate at 2 and there is no Dividend score provided, the overall outlook for Autodesk Inc appears promising for investors looking at long-term prospects.
Autodesk, Inc. is a company that provides PC software and multimedia tools for various industries and home users. Their products cater to architectural design, mechanical design, geographic information systems, mapping, and visualization applications. Leveraging a global network of dealers and distributors, Autodesk Inc has established a strong foothold in the software market, evident from its favorable Smartkarma Smart Scores across different factors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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