Autodesk (ADSK) recently reported robust financial results for its second fiscal quarter of 2026, surpassing market expectations for earnings and revenue while significantly raising its full-year guidance. This strong performance was primarily driven by the escalating demand for its specialized design software, particularly from the rapidly expanding artificial intelligence (AI) data center sector, signaling a pivotal technological tailwind for the company’s growth trajectory.
- Adjusted EPS reached $2.62, comfortably exceeding analyst forecasts.
- Revenue increased by 17% year-over-year, hitting $1.76 billion.
- Billings jumped 36% to $1.68 billion, outperforming market estimates.
- Strong growth observed in Design, Make, and AECO software segments.
- Demand from AI data centers, infrastructure, and industrial buildings fueled AECO strength.
- AutoCad and AutoCad LT software sales increased by 13%.
Robust Second Quarter Financials
Exceeding Market Expectations
For the second fiscal quarter of 2026, Autodesk posted adjusted earnings per share (EPS) of $2.62. Revenue increased by 17% year-over-year, reaching $1.76 billion. Both figures comfortably exceeded analyst forecasts. Billings also demonstrated significant momentum, jumping 36% to $1.68 billion, similarly outperforming market estimates.
Key Segment Growth Drivers
The company’s strong quarterly showing was underpinned by notable growth across its core product segments. Sales within the Design segment rose 17% to $1.47 billion, while the Make unit’s product sales climbed 20% to $194 million. A key driver was its Architecture, Engineering, Construction, and Operations (AECO) software, which saw sales grow 23% to $878 million. CFO Janesh Moorjani attributed this strength in AECO to sustained investment in data centers, infrastructure, and industrial buildings, which more than offset any softness observed in commercial sectors. Additionally, its popular AutoCad and AutoCad LT software contributed $440 million, marking a 13% increase.
Elevated Full-Year Guidance
Revised Fiscal Year 2026 Outlook
In light of these stellar results, Autodesk has substantially upgraded its full-year guidance for fiscal year 2026, reflecting enhanced confidence in sustained demand for its software solutions.
| Metric | Previous Guidance | Revised Guidance |
| Adjusted EPS | $9.50 – $9.73 | $9.80 – $9.98 |
| Revenue | $6.925 billion – $6.995 billion | $7.025 billion – $7.075 billion |
| Billings | $7.160 billion – $7.310 billion | $7.355 billion – $7.445 billion |
Positive Investor Response
This positive financial trajectory resonated strongly with investors, leading to an 8% increase in Autodesk shares following the announcement, pushing the stock into positive territory for the year.
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