Autodesk Reports 15% Q1 Revenue Growth, Raises FY26 Guidance

Autodesk reported strong fiscal first-quarter 2026 results, surpassing analyst expectations with adjusted earnings of $2.29 per share on $1.63 billion in revenue, marking a 15% year-over-year increase. The company also provided an upbeat outlook for the second quarter and full fiscal year, projecting adjusted earnings of $2.46 per share and revenue of $1.73 billion for Q2, both above consensus estimates, and slightly raised full-year guidance. Despite a decline in GAAP operating margin and EPS due to a one-time non-cash charge, Autodesk's non-GAAP operating margin improved, and free cash flow increased by 14%. Growth was broad-based across product categories and geographies, with significant billings growth of 29% year-over-year and strong contributions from both its core Design business and Make segment. The positive financial performance and raised guidance resulted in a notable stock price increase in after-hours trading, reflecting investor confidence amid an uncertain macroeconomic and geopolitical environment. Overall, Autodesk continues to demonstrate sustained momentum and solid financial health in the competitive design software industry.