ADSK
FY2027 Q1 · Calendar Q2 2026
Autodesk, Inc.
Autodesk is extending its subscription-driven design and engineering franchise into the operate phase of the asset lifecycle. Q1 FY2027 results showed the core business remains healthy: revenue and EPS exceeded the high end of guidance, renewals stayed strong at 18% YoY subscription growth, and the MaintenX acquisition deepens the company's push into AI-driven digital twins and predictive maintenance. Despite the positive print and raised outlook, the stock sold off sharply after the call and continued to drift lower, suggesting the market is weighing integration risk, moderating billings growth, and the sustainability of transaction-model tailwinds against the raised guidance.
EPS surprise+5.3%
Market move-4.0%