Premarket
$259.50
▼ 4.09% · -$11.08
Autodesk Shares Drop 4.1% After Q3 Profit Outlook Misses Forecasts Despite 16% Revenue Rise
Autodesk, Inc. dropped 4.1% after reporting a robust quarter but issuing a weaker short-term profit outlook. Shares changed hands at $259.50 as of 07:15 EDT on Friday.
NASDAQ: ADSK · earnings dashboard
Growth beat, profit bar disappoints
Market data: Aug. 28, 2026, 07:15 EDT
Financials: quarter ended July 31, 2026
Financials: quarter ended July 31, 2026
Implied value loss
≈$2.34B
211M shares × $11.08
Q2 revenue
$2.046B
▲ 16% YoY
Free cash flow
$561M
▲ 24% YoY
The expectations gap
Revenue guide above StreetEPS guide below StreetMaintainX costs included
Quarter scorecard
| Metric | Q2 FY27 | YoY |
|---|---|---|
| Billings | $1.854B | +10% |
| Revenue | $2.046B | +16% |
| GAAP operating margin | 29% | +4 pts |
| Adjusted margin | 41% | +2 pts |
| Adjusted EPS | $3.30 | +$0.68 |
Revenue mix
AECO · $1.029B · +17%
AutoCAD · $500M · +14%
Manufacturing · $385M · +15%
Media & Entertainment · $92M · +15%
Backlog visibility
| Current RPO | $5.245B | +12% |
| Total RPO | $7.433B | +2% |
| Deferred revenue | $4.258B | +11% |
| Unbilled deferred revenue | $3.175B | -8% |
Lower multi-year discounts support pricing but temporarily weigh on long-duration RPO.
Full-year FY27 guide
| Revenue | $8.295B–$8.345B |
| Billings | $8.575B–$8.650B |
| Adjusted margin | ≈39% |
| Adjusted EPS | $12.52–$12.60 |
| Free cash flow | $2.725B–$2.750B |
Free cash flow includes about $45M of MaintainX transaction expenses.
Investor lens
Autodesk is expanding revenue, current backlog and margins. The selloff says the market wants that strength to reach per-share profit faster. MaintainX can deepen the platform, but its integration now sets the next execution hurdle.
Sources: Autodesk Aug. 27, 2026 earnings release and opening commentary; MarketWatch; Barron’s; MarketBeat. Market figures may be delayed. Informational only.
Autodesk Shares Drop 5% as Revenue Outlook Increases, Cash-Flow Midpoint Decreases
Autodesk Inc. shares dropped 5.0% in extended trading as investors focused more on the expense of growth rather than a robust quarter.
NASDAQ: ADSK · Fiscal Q2 2027
Revenue lift meets a cash-conversion test
Market: Aug. 27, 2026, 4:30 p.m. ET
Financials: quarter ended July 31, 2026
Financials: quarter ended July 31, 2026
After-hours
$257.00
−5.02% from $270.58 close
Q2 revenue
$2.046B
+16% year over year
Adjusted margin
41%
+2 percentage points
Free cash flow
$561M
+24% year over year
Why shares reversed
MaintainX raises reported sales guidance, while financing and transaction costs reduce near-term cash conversion.
Guidance bridge
| Metric | May | August | Change |
|---|---|---|---|
| FY revenue midpoint | $8.185B | $8.320B | +$135M |
| FY FCF midpoint | $2.763B | $2.738B | −$25M |
| Non-GAAP margin | ~39% | ~39% | Flat |
| FY adjusted EPS | $12.53 | $12.56 | +$0.03 |
Operating signals
| AECO revenue | $1.029B | +17% |
| AutoCAD family | $500M | +14% |
| Manufacturing | $385M | +15% |
| Current RPO | $5.245B | +12% |
| Total RPO | $7.433B | +2% |
| Unbilled deferred revenue | $3.175B | −8% |
Valuation and expectations
Average analyst target vs after-hours price
$314.57
22.4% above $257.00
| Buy ratings | 30 |
| Sell ratings | 0 |
| Regular-session volume | 3.71M |
| Market value at close | about $57.1B |
Sources: Autodesk fiscal Q2 release; Yahoo Finance; Public after-hours data; Investing.com analyst compilation. Extended-hours prices can be volatile and less liquid.
Autodesk drops after posting earnings beat late Thursday
Autodesk shares fell after hours Thursday, reversing earlier gains. The design-software maker lifted its annual forecast and said it’s buying MaintainX for $3.6 billion in cash.
Autodesk stock today: ADSK slips after 1,000-job cut plan, outlook raised
Autodesk shares edged down a bit on Friday, slipping about 0.3% in early trading to $268.97. The stock had jumped 4.79% the day before, closing at $269.77.
Autodesk layoffs: AutoCAD maker to cut 1,000 jobs as it shifts spending to AI and cloud
Autodesk announced Thursday it plans to slash roughly 7% of its global workforce—around 1,000 positions—as the San Francisco-based design software company shifts investment toward artificial intelligence and its cloud platform. The bulk of the job cuts will hit customer-facing sales teams, marking the end of a multi-year sales and marketing revamp.
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