Quarterly ResultMay 29, 2026, 04:15 PM
Autodesk Q1 Net Income +223% to $491M; Revenue +18% to $1.93B
AI Summary
Autodesk, Inc. reported strong financial results for the three months ended April 30, 2026, with net income soaring 223% to $491 million and diluted EPS increasing 231% to $2.32. Total net revenue grew 18.4% year-over-year to $1.93 billion, driven by robust performance across all product families and geographic regions. The company also generated significant operating cash flow, which increased by 58.3% to $893 million, and maintained substantial remaining performance obligations of $7.81 billion.
Key Highlights
- Net income surged 223% to $491 million for the three months ended April 30, 2026.
- Diluted net income per share increased 231% to $2.32 for the quarter.
- Total net revenue grew 18.4% to $1.93 billion compared to the prior year period.
- Net cash provided by operating activities rose 58.3% to $893 million.
- Remaining performance obligations totaled $7.81 billion as of April 30, 2026.
- Architecture, Engineering, Construction and Operations revenue increased to $970 million.
- Goodwill increased by $46 million due to additions from acquisitions during the period.
- Strategic investments in privately held companies reached $406 million.
Price Impact
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