Autodesk Inc. (NASDAQ: ADSK), a prominent player in 3D design, engineering, and entertainment technology, has released its financial results for the third quarter of fiscal 2026, showcasing robust growth and strategic advancements. The company continues to leverage its innovative technology across various sectors, including architecture, engineering, construction, product design, manufacturing, and media.

1. Financial Highlights

Income Statement Overview

For the third quarter ending October 31, 2026, Autodesk reported a net income of $343 million, reflecting a significant increase from the $275 million reported in the same quarter of the previous year. This 25% increase in net income underscores the company’s strong operational performance and successful execution of its strategic priorities.

Revenue: Autodesk achieved a total revenue of $1.85 billion, up from $1.57 billion in Q3 2025, marking a 17.8% year-over-year increase.

Expenses: Total costs and expenses rose to $1.38 billion, compared to $1.22 billion in the prior year, driven largely by increased research and development (R&D) investments and general administrative expenses.

Income Statement of Autodesk Inc

	Dec 2024	Nov 2025
Net Income	1.09B	1.11B
Profit	1.09B	1.11B
Net Income Continuing	1.09B	1.11B
Income Tax Expense	258M	419M
Pretax Income	1.34B	1.53B
Non-operating Income	46M	17M
Operating Income	1.30B	1.51B
Revenue	5.96B	6.88B
Costs and Expenses	4.65B	5.37B
Cost of Revenue	554M	638M
Operating Expenses	4.10B	4.73B
Depreciation, Depletion & Amortization	48M	52M
Research & Development	1.44B	1.61B
Selling, General & Administrative	2.61B	2.93B
Other Operating Expenses	0	131M

Balance Sheet Strength

As of October 31, 2026, Autodesk’s total assets reached $11.19 billion, up from $10.13 billion a year prior. The growth in assets reflects a robust liquidity position, with cash and cash equivalents amounting to $1.98 billion. The company's liabilities also increased to $7.72 billion, which included a current deferred revenue of $3.57 billion.

Equity: Total equity rose to $2.89 billion, indicating a healthy balance sheet and investor confidence.

Balance Sheet of Autodesk Inc

	Dec 2024	Nov 2025
Total Assets	10.13B	11.19B
Total Current Assets	2.89B	3.89B
Cash and Equivalents	1.43B	1.98B
Short-term Investments	276M	300M
Accounts Receivable	702M	806M
Prepaid Expenses	484M	800M
Total Non-current Assets	7.23B	7.30B
Intangible Assets	4.85B	4.77B
Long-term Investments	264M	302M
Non-current Deferred Tax Assets	1.15B	936M
Net PP&E	116M	118M
Lease Assets	184M	152M
Other Non-current Assets	670M	1.02B
Total Liabilities and Equity	10.13B	11.19B
Other Equity and Liabilities	455M	576M
Total Liabilities	7.06B	7.72B
Total Current Liabilities	4.46B	4.73B
Accounts Payable and Accrued Liabilities	831M	1.10B
Current Debt	360M	57M
Current Deferred Revenue	3.27B	3.57B
Total Non-current Liabilities	2.59B	2.99B
Long-term Debt	1.98B	2.48B
Non-current Accounts Payable and Accrued Liabilities	192M	216M
Non-current Deferred Revenue	381M	269M
Non-current Deferred Tax Liabilities	35M	27M
Total Equity and Non-controlling Interests	2.61B	2.89B
Total Equity	2.61B	2.89B

Cash Flow Insights

The cash flow statement revealed a net change in cash of -$14 million for the quarter, impacted by significant cash outflows for share repurchases and investment activities. However, Autodesk generated a positive cash flow from operations amounting to $439 million, showcasing the efficiency of its core operations.

Cash Flow Statement of Autodesk Inc

	Dec 2024	Nov 2025
Net Change in Cash	-89M	552M
Effect of Exchange Rate Changes	2M	1M
Net Cash from Operating Activities	1.35B	2.15B
Operating Profit	1.09B	1.11B
Adjustment to Operating Profit	261M	1.04B
Net Cash from Investing Activities	-814M	-168M
Business & Interest in Affiliates	827M	24M
Investments	-127M	51M
Productive Assets	98M	72M
Other Investing Activities	-16M	-21M
Net Cash from Financing Activities	-629M	-1.43B
Debt	0	199M
Equity Issuance/Repurchase	-387M	-1.34B
Other Financing Activities	-242M	-292M

2. Strategic Focus and Product Evolution

Autodesk is committed to transforming the way the world is designed and made, and its strategic initiatives are evident in its product evolution. The company has emphasized its cloud offerings, including Autodesk Construction Cloud, which integrates automation, data, and insights to enhance business outcomes.

The acquisition of Payapps Limited has further strengthened Autodesk’s capabilities in the AECO sector, providing enhanced payment management solutions that increase transparency and reduce risks. Additionally, the introduction of Industry Collections allows customers access to a comprehensive suite of tools tailored to their specific needs.

Global Market Reach

Operating on a global scale, Autodesk is transitioning its sales approach, increasingly emphasizing direct sales through its online platform. This shift is anticipated to enhance revenue growth while maintaining essential relationships with distributors, particularly in emerging markets.

3. Challenges and Risks

Despite the positive financial results, Autodesk faces challenges that could impact future performance. Material scarcity, supply chain disruptions, inflationary pressures, and geopolitical conflicts remain prevalent risks. Furthermore, the shift to annual billings for multi-year contracts is expected to affect billing timing and cash collections, which the company is closely monitoring.

4. Conclusion

Autodesk Inc. continues to demonstrate resilience and adaptability in a rapidly changing market. With strategic investments in technology, a focus on enhancing customer experiences, and a commitment to digital transformation, the company is well-positioned for future growth. As Autodesk navigates ongoing challenges, its strong financial foundation will support its ambitious initiatives and drive long-term success.

Original filing: sec.gov