Filing Flows › Autodesk (ADSK) › Q1 FY26
Autodesk (ADSK) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed May 29, 2025
Autodesk (ADSK) reported revenue of $1.6B for the first quarter fiscal 2026 (Q1 FY26), +15% from a year earlier and -0.4% from the quarter before. Operating margin was 14.3%, net earnings $152M (9.3% of revenue).
Autodesk, Q1 FY26: revenue $1.6B (+15% year over year), operating margin 14.3%, net earnings $152M, operating cash flow $564M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | -0.4% | +15% |
| Gross profit | $1.5B | -0.8% | +15% |
| Operating profit | $233M | -36% | -22% |
| Net earnings | $152M | -50% | -40% |
| Operating cash flow | $564M | -18% | +14% |
| Free cash flow | $556M | — | — |
What changed
Revenue was $1.6B in Q1 FY26, up 15% year over year and roughly flat from the previous quarter. Architecture, Engineering, Construction and Operations was the largest line at 50% of revenue. Architecture, Engineering, Construction and Operations added $0.14B year over year (up 20%), 62% of the total change.
Gross margin was 90.2%, down 0.1 points from a year earlier. Operating profit was $0.23B, a 14.3% margin (down 6.8 points year over year). Operating profit fell $0.07B even though revenue rose $0.22B versus a year earlier, so costs grew faster than sales. Operating expenses grew 26% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+973%). Net earnings were $0.15B, down 40% year over year. The effective tax rate was 35.0%.
Operating cash flow was $0.56B (up 14% year over year), 371% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.23B of share-based compensation. Working capital and other items added $0.13B. After capital expenditures ($0.01B), free cash flow as the company reports it was $0.56B.
Questions
What was Autodesk's revenue in the first quarter fiscal 2026?
Autodesk (ADSK) reported revenue of $1.6B for the first quarter fiscal 2026 (Q1 FY26), +15% from a year earlier and -0.4% from the quarter before.
Was Autodesk profitable in the first quarter fiscal 2026?
Operating profit was $233M (14.3% of revenue) and net earnings $152M.
Source: Autodesk 10-Q on SEC EDGAR.