Autodesk (NASDAQ: ADSK) reported fourth-quarter results that exceeded analyst expectations and issued fiscal 2027 guidance above consensus, sending shares up more than 4% intra-day Friday.
The design software company posted adjusted earnings per share of $2.85, surpassing analyst estimates of $2.64. Revenue increased 19% year over year to $1.96 billion, ahead of the $1.91 billion consensus forecast.
For fiscal 2027, Autodesk projected earnings per share between $12.29 and $12.56, well above the consensus estimate of $11.65. The company expects revenue in the range of $8.48 billion to $8.58 billion, exceeding analyst expectations of $7.97 billion.
Chief Executive Andrew Anagnost stated that Autodesk has been investing in cloud and artificial intelligence capabilities for more than a decade and is building a scalable platform to monetize AI across its product portfolio.
Chief Financial Officer Janesh Moorjani said the quarter was supported by strength in architecture, engineering, construction and operations, particularly construction and emerging markets. He noted that enterprise business agreements, subscription billings and upfront revenue all exceeded expectations.
The company said its fiscal 2027 guidance assumes continued underlying business momentum while incorporating caution related to temporary risks to billings and revenue as it executes a sales optimization strategy.
