Autodesk Posts Better-Than-Expected Q1 Results, Raises Outlook

Bill McColl

Fri, May 23, 2025, 8:56 AM 2 min read

Autodesk topped fiscal 2026 first-quarter profit and sales forecasts as its billings increased 29%.
The software maker also raised its guidance despite facing "greater macro economic uncertainty."
Autodesk sees full-year EPS of $9.50 to $9.73 and revenue of $6.925 billion to $6.995 billion. Previously, it anticipated EPS of $9.34 to $9.67 and revenue of $6.895 billion to $6.965 billion.

Software maker Autodesk (ADSK) reported stronger-than-estimated quarterly results and lifted its full-year outlook as billings soared.

After the bell Thursday, Autodesk posted fiscal 2026 first-quarter adjusted earnings per share (EPS) of $2.29, with revenue up 15% year-over-year to $1.63 billion. Both exceeded Visible Alpha forecasts.

Billings jumped 29% to $1.43 billion, also more than estimates. Sales of its Design unit grew 14% to $1.36 billion, and Make division sales were 23% higher to $179 million. Autodesk’s most popular product family, Architecture, Engineering, Construction, and Operations, led the way with a 20% increase in sales to $809 million.

CEO Andrew Anagnost praised the company's performance despite facing "an uncertain geopolitical, macroeconomic, and policy backdrop." CFO Janesh Moorjani added that Autodesk hasn't seen "changes in overall business momentum when compared to recent quarters." However, Moorjani noted the company was taking a cautious outlook in its growth assumptions "to reflect greater macro economic uncertainty."

Autodesk sees full-year EPS of $9.50 to $9.73 and revenue of $6.925 billion to $6.995 billion. Previously, it anticipated EPS of $9.34 to $9.67 and revenue of $6.895 billion to $6.965 billion.

Autodesk shares edged lower in recent trading and are basically flat year-to-date.