Autodesk, Inc. (ADSK) Earnings Call Transcripts
Autodesk, Inc.'s Latest Earnings Call - Q2 FY2027
In the second quarter of fiscal year 2027, Autodesk, Inc. reported strong financial performance, with revenue of $2.2 billion, representing a 16% year-over-year increase, and earnings per share (EPS) of $1.20, exceeding the high end of guidance. The company raised its full-year billings and revenue outlook to reflect this outperformance, now expecting fiscal 2027 revenue between $8.295 billion and $8.345 billion, and billings between $8.575 billion and $8.65 billion, incorporating contributions from the recently acquired MaintainX. Management emphasized the continued strength in construction and emerging markets, alongside a strategic focus on project intelligence and AI integration, which are expected to drive future growth.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $2.2B (beat) |
| EPS | $1.20 (beat) |
| Billings | $2.5B (beat) |
| GAAP Operating Margin | 29% (positive) |
| Non-GAAP Operating Margin | 41% (positive) |
| Free Cash Flow | $561M (null) |
Guidance from management
Autodesk raised its fiscal 2027 revenue guidance to $8.295 billion to $8.345 billion and billings guidance to $8.575 billion to $8.65 billion, reflecting strong second quarter performance and the contribution from MaintainX. GAAP operating margin guidance was revised to 25% to 27%.
What management said
Yes. I think that's a great question. Customers are very much aware that we're going to be charging for APIs and machine-based usage. We've actually already charged for some of that usage. We do listen to customers. We do adjust some of our time lines and our intent to make sure that we're matching with customer expectations and customer ramp-up times. But you continue to look for us to charge for access to machine-d...
We can this year, Brent, and that's what we've factored into the model. Over time, as the AI-based workloads and offerings continue to grow, those will be gross profit dollar accretive, but they will put a little bit of compression on gross margin. But that's one of the things that we had also factored into our long-term operating margin target when we roll that out. So that is embedded in the 41% margin target for F...
What analysts pressed on
Analysts expressed concerns about the potential margin dilution from the MaintainX acquisition and the impact of the sales reorganization on new business productivity, particularly in Western Europe. There were questions about how these factors might affect future growth and profitability.
Main topics on the call
- Revenue Growth Acceleration — Autodesk reported Q2 revenue of $2.2 billion, a 16% increase year-over-year, with constant currency growth at 14%. Management stated, "We delivered another strong quarter with revenue and earnings per share above the hig...
- Guidance Revision — The company raised its fiscal 2027 revenue guidance to a range of $8.295 billion to $8.345 billion and billings guidance to $8.575 billion to $8.65 billion, reflecting strong second quarter results and the addition of Ma...
- MaintainX Acquisition Integration — Management highlighted the strategic importance of the MaintainX acquisition, stating it extends project intelligence into the asset lifecycle. Andrew Anagnost remarked, "We're going to be able to capture information and...
- Sales Reorganization Impact — The sales reorganization is yielding expected outcomes, with strong renewal rates and improved new subscription growth. Janesh Moorjani mentioned, "The overall impact on new subscription growth was once again within the ...
Read the full Autodesk, Inc. transcript (Q2 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Autodesk, Inc.
Autodesk, Inc. (ADSK) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 81 calls on record spanning February 27, 2020 to August 27, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 81 Autodesk, Inc. earnings call transcripts on record, spanning February 27, 2020 to August 27, 2026. Based on this history, Autodesk, Inc. reports quarterly. The most recent call on file is dated August 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- ADSK
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 81
- First call
- February 27, 2020
- Most recent
- August 27, 2026
- Reporting cadence
- quarterly