Filing Flows › Autodesk (ADSK) › Q2 FY27
Autodesk (ADSK) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Aug 28, 2026
Autodesk (ADSK) reported revenue of $2.0B for the second quarter fiscal 2027 (Q2 FY27), +16% from a year earlier and +6% from the quarter before. Operating margin was 29.3%, net earnings $492M (24.0% of revenue).
Autodesk, Q2 FY27: revenue $2.0B (+16% year over year), operating margin 29.3%, net earnings $492M, operating cash flow $575M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +6% | +16% |
| Gross profit | $1.9B | +6% | +17% |
| Operating profit | $599M | +11% | +35% |
| Net earnings | $492M | +0.2% | +57% |
| Operating cash flow | $575M | -36% | +25% |
| Free cash flow | $561M | — | — |
What changed
Revenue was $2.0B in Q2 FY27, up 16% year over year and up 6% from the previous quarter. Architecture, Engineering, Construction and Operations was the largest line at 50% of revenue. Architecture, Engineering, Construction and Operations added $0.15B year over year (up 17%), 53% of the total change. Product and Service, Other declined 2%.
Gross margin was 91.4%, up 0.4 points from Q2 FY26. Operating profit was $0.60B, a 29.3% margin (up 4.1 points year over year). Of the extra revenue versus Q2 FY26, 55% reached operating profit, above the 25% margin then. Operating expenses grew 10% against revenue growth of 16%. The fastest-growing cost line was Research & development (+12%). Net earnings were $0.49B, up 57% year over year. The effective tax rate was 17.0%.
Operating cash flow was $0.57B (up 25% year over year), 117% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.18B of share-based compensation. Working capital and other items used $0.15B. After capital expenditures ($0.01B), free cash flow as the company reports it was $0.56B.
Questions
What was Autodesk's revenue in the second quarter fiscal 2027?
Autodesk (ADSK) reported revenue of $2.0B for the second quarter fiscal 2027 (Q2 FY27), +16% from a year earlier and +6% from the quarter before.
Was Autodesk profitable in the second quarter fiscal 2027?
Operating profit was $599M (29.3% of revenue) and net earnings $492M.
Source: Autodesk 10-Q on SEC EDGAR.