Autodesk Reports Q2 2027 Earnings with Strong Revenue Growth
Autodesk (ADSK) reported second-quarter fiscal year 2027 earnings, showing strong performance across its business segments. Total revenue reached $2.05 billion, a 16% increase driven by momentum in the new transaction model and improved sales execution. Non-GAAP EPS came in at $3.30, surpassing guidance due to operating leverage and optimized sales strategies. Billings for the quarter were $1.85 billion, up 10%, with better-than-expected linearity contributing to results. The AECO segment led growth at 17% year over year, while manufacturing revenue rose by 15%. Autodesk also announced a full-year fiscal 2027 revenue guidance of between $8.295 billion and $8.345 billion, factoring in the acquisition of MaintainX. The company repurchased 2.1 million shares for $453 million as part of its capital return strategy. Free cash flow was reported at $561 million, with a GAAP operating margin reaching 29%, up four percentage points from prior periods due to reduced stock-based compensation and improved efficiency.
Tickers: $ADSK
Topics: billings guidance non-gaap_eps revenue segment_performance