Key Takeaways:
- Autodesk reported Q1 EPS of $2.99, beating the $2.84 consensus by 5.3%
- Revenue rose 18% year over year to $1.93 billion, topping estimates
- Management raised full-year guidance, with EPS now seen at $12.53
Key Takeaways:

Autodesk (ADSK) reported fiscal first-quarter earnings of $2.99 per share, topping the $2.84 consensus estimate, as revenue climbed 18% to $1.93 billion.
"Our customers need AI that produces outputs that are accurate in the real world," Chief Executive Officer Andrew Anagnost said. "That requires data, context, and expertise. Each one is scarce and what differentiates Autodesk is that we have all three at scale."
The design software company's revenue beat the $1.89 billion consensus by 2.2%, while earnings surpassed the average analyst estimate by 5.3%. A year earlier, Autodesk earned $2.29 per share on $1.63 billion in revenue. Operating margin expanded to 28% from 14.3% in the same quarter last year. Billings totaled $1.69 billion, up 17.7% year over year.
Autodesk slightly raised its full-year revenue guidance to $8.19 billion at the midpoint, up from $8.14 billion previously. Management also lifted its adjusted EPS forecast to $12.53 from $12.38. For the current quarter, the company expects revenue of about $2.01 billion, above the $1.99 billion analysts had projected.
The beat extends Autodesk's streak of surpassing consensus EPS estimates to four consecutive quarters, with an average surprise of 7.5% over that period. The company has also topped revenue estimates in each of the last four quarters.
Shares fell 4.8% to $230.48 in after-hours trading following the results, suggesting investors expected more from the print despite the beat. The stock has declined about 20% year to date, underperforming the S&P 500's 9.9% gain.
The guidance raise signals continued demand for Autodesk's design and construction software, particularly as AI-driven capabilities drive adoption. Investors will watch the upcoming earnings call for updates on segment margins and the pace of the company's cloud transition.
This article is for informational purposes only and does not constitute investment advice.