SourceAUTODESK, INC. ANNOUNCES FISCAL 2027 SECOND QUARTER RESULTS
Autodesk reported its fiscal 2027 second quarter financial results, featuring a 16 percent year-over-year revenue increase to $2.05 billion. The results reflect growth across most product families and the impact of the MaintainX acquisition.
Why it matters
The integration of AI and project intelligence into design and construction tools may help professionals manage resource scarcity and capacity constraints in the physical world, improving efficiency for builders and engineers.
The details
- Non-GAAP operating margin for the quarter was 41 percent. - The MaintainX acquisition incurred approximately $45 million in transaction expenses. - Autodesk is reducing multi-year discounts to improve long-term price realization. - Free cash flow for the quarter was $561 million.
What's next
Autodesk expects third quarter revenue to be between $2,125 million and $2,140 million.
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