Filing Flows › Autodesk (ADSK) › Q2 FY27 › vs Q2 FY26
Autodesk (ADSK) Q2 FY27 vs Q2 FY26 (year over year)
Autodesk's revenue rose $283M (+16%) from $1.8B in Q2 FY26 to $2.0B in Q2 FY27. The biggest changes: Subscription and Circulation +$271M (+16%); Product and Service, Other −$2.0M (-2%). Gross margin 91.4% against 91.0% (+0.4 pts).
Autodesk, Q2 FY27: revenue $2.0B (+16% year over year), operating margin 29.3%, net earnings $492M, operating cash flow $575M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 91.4% | 91.0% | +0.4 pts |
| Operating margin | 29.3% | 25.2% | +4.1 pts |
| Net margin | 24.0% | 17.8% | +6.3 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Architecture, Engineering, Construction and Operations | $1.0B | $878M | $151M | +17% |
| AutoCAD and AutoCAD LT Family | $500M | $440M | $60.0M | +14% |
| Manufacturing | $385M | $334M | $51.0M | +15% |
| Other | $40.0M | $31.0M | $9.0M | +29% |
| Subscription and Circulation | $2.0B | $1.7B | $271M | +16% |
| Product and Service, Other | $94.0M | $96.0M | −$2.0M | -2% |
| Revenue | $2.0B | $1.8B | $283M | +16% |
| Gross profit | $1.9B | $1.6B | $266M | +17% |
| Cost of revenue | $176M | $159M | $17.0M | +11% |
| Operating profit | $599M | $444M | $155M | +35% |
| Operating expenses | $1.3B | $1.2B | $111M | +10% |
| Pre-tax earnings | $593M | $456M | $137M | +30% |
| Research & development | $464M | $413M | $51.0M | +12% |
| Sales & marketing | $616M | $559M | $57.0M | +10% |
| General & admin | $179M | $168M | $11.0M | +7% |
| Other operating costs | $12.0M | $20.0M | −$8.0M | -40% |
| Net earnings | $492M | $313M | $179M | +57% |
| Income tax | $101M | $143M | −$42.0M | -29% |
| Depreciation & amortization | $50.0M | $47.0M | $3.0M | +6% |
| Share-based compensation | $184M | $191M | −$7.0M | -4% |
| Working capital & other | $151M | $91.0M | $60.0M | +66% |
| Operating cash flow | $575M | $460M | $115M | +25% |
Questions
How much did Autodesk's revenue grow year over year in Q2 FY27?
Autodesk's revenue rose $283M (+16%) from $1.8B in Q2 FY26 to $2.0B in Q2 FY27.
What drove Autodesk's revenue change in Q2 FY27?
Subscription and Circulation +$271M (+16%); Product and Service, Other −$2.0M (-2%).