Autodesk delivered a strong second quarter for fiscal 2027, with both revenue and earnings exceeding analyst expectations. Growth was supported by consistent execution in its sales reorganization and go-to-market optimization, alongside the integration of the MaintainX acquisition. Consequently, the company raised its full-year guidance for both billings and total revenue.
Key Highlights
- Total revenue grew 16% year-over-year to $2.05 billion, surpassing the analyst estimate of $2.01 billion.
- Non-GAAP EPS of $3.30 outperformed the expected $3.12, reflecting improved operating leverage and margin expansion.
- Full-year fiscal 2027 revenue guidance was raised to a range of $8.30 billion to $8.35 billion, up from previous projections.
- Architecture, Engineering, Construction, and Operations (AECO) revenue increased 17% to $1.03 billion, while the 'Make' product type saw a 26% surge.