San Francisco, CA – February 26, 2026 – Autodesk, Inc. (NASDAQ: ADSK), a leader in design and engineering software, announced robust financial results for its fourth quarter and full year of fiscal 2026, showcasing significant growth across various metrics. The company is poised for continued success as it capitalizes on advancements in artificial intelligence (AI) and cloud technologies.

1. Financial Highlights for Q4 FY26

Autodesk's fourth quarter results reflected a noteworthy performance, with the following key metrics:

Billings: $2,804 million, up 33% year-over-year.

Revenue: $1,957 million, reflecting a 19% increase compared to the previous year.

GAAP Operating Margin: Held steady at 22%.

Non-GAAP Operating Margin: Increased to 38%, a 1 percentage point improvement.

GAAP Earnings Per Share (EPS): $1.48, an increase of $0.08 from the prior year.

Non-GAAP EPS: $2.85, up $0.56 year-over-year.

Cash Flow from Operating Activities: $989 million, a substantial 43% increase.

Free Cash Flow: $972 million, also up 43%.

2. Driving Growth Across Product Lines

The growth was driven by strong performance in Autodesk's primary product lines, particularly in the Architecture, Engineering, Construction, and Operations (AECO) sector. The breakdown of net revenue by product type for Q4 FY26 included:

Design: $1,609 million (up 19%)

Make: $218 million (up 24%)

Other: $130 million (up 21%)

The geographic revenue distribution also demonstrated solid growth, with notable performances in the EMEA region (up 25%) and the Americas (up 16%).

3. Full Year Fiscal 2026 Overview

For the fiscal year ended January 31, 2026, Autodesk reported:

Total Billings: $7,771 million, a 30% increase.

Total Revenue: $7,206 million, up 18%.

GAAP Operating Margin: 22%.

Non-GAAP Operating Margin: Increased by 2 percentage points to 38%.

GAAP EPS: $5.23, a year-over-year increase of $0.11.

Non-GAAP EPS: $10.43, up $1.96 from the previous year.

Cash Flow from Operating Activities: $2,452 million, a remarkable 53% increase.

Free Cash Flow: $2,409 million, reflecting a 54% increase.

4. Leadership Commentary

CEO Andrew Anagnost emphasized the strategic positioning of Autodesk in the rapidly evolving landscape of AI and cloud computing. He stated, “Building agentic AI for the real world requires specialized data, context, and expertise. Scaling and monetizing it requires a platform and next-generation business models and go-to-market. Autodesk is building the future and the path to it. Our best days and greatest opportunities lie ahead.”

CFO Janesh Moorjani echoed this sentiment, highlighting the strong performance in the AECO sector, particularly in construction and emerging markets. He noted, “Our fiscal 2027 guidance assumes that the underlying momentum of the business will remain strong, and we have incorporated prudence to reflect temporary risk to billings and revenue as we operationalize our sales optimization plan.”

5. Business Outlook for FY27

As Autodesk looks ahead to fiscal 2027, the company has provided ambitious guidance:

Q1 FY27 Revenue: Expected between $1,885 - $1,900 million.

FY27 Billings: Projected between $8,480 - $8,580 million.

FY27 Revenue: Estimated between $8,100 - $8,170 million.

GAAP Operating Margin: Expected between 26% - 28%.

Non-GAAP Operating Margin: Projected between 38.5% - 39%.

FY27 GAAP EPS: Expected between $7.76 - $8.39.

FY27 Non-GAAP EPS: Estimated between $12.29 - $12.56.

6. Conclusion

Autodesk's strong fourth-quarter and full-year financial results underscore its strategic investments in AI and cloud technologies, positioning the company for continued growth as it adapts to the evolving needs of its diverse customer base. With an optimistic outlook for fiscal 2027 and beyond, Autodesk is set to leverage its unique advantages in the software industry, making it a key player to watch in the coming years.

For more detailed financial data and future updates, Autodesk will host a conference call today at 5 p.m. ET.

Original press release