Sep 10, 4:09 PM ET
Autodesk sold $1.0 billion of senior notes in two $500 million tranches, due 2029 and 2033, under an underwriting agreement dated September 8, 2026. The company plans to use the proceeds, along with cash on hand, to repay $1.0 billion of its term loan, so the deal refinances existing borrowing rather than adding a stated new use of funds.
- 2029 Notes: $500 million at 5.050% interest, paid semi-annually
- 2033 Notes: $500 million at 5.650% interest, paid semi-annually, first payment March 15, 2027
- Proceeds plus cash on hand to repay $1.0 billion under a term loan dated June 15, 2026
- Indenture limits liens, sale-leasebacks and certain mergers; a bankruptcy or payment default could trigger acceleration
Read the filing on SEC.gov ↗
Aug 27, 4:05 PM ET
Autodesk reported second-quarter fiscal 2027 revenue of $2.05 billion, up 16% year over year, and GAAP diluted earnings per share of $2.33 versus $1.46 a year earlier. The company raised its fiscal 2027 billings and revenue growth guidance, citing higher underlying growth expectations and the contribution from the MaintainX acquisition, while keeping its non-GAAP operating margin guidance unchanged.
- Q2 revenue of $2,046 million, up 16% (14% in constant currency); billings of $1,854 million, up 10%
- GAAP diluted EPS of $2.33 versus $1.46 a year earlier; non-GAAP EPS of $3.30, up $0.68 year over year
- FY27 revenue guidance of $8,295 million to $8,345 million; non-GAAP operating margin guidance unchanged at about 39%
- FY27 free cash flow guidance narrowed to $2,725 million to $2,750 million, including about $45 million of MaintainX transaction expenses
Read the filing on SEC.gov ↗
Jun 15, 9:13 AM ET
Autodesk amended its unsecured revolving credit facility on June 15, 2026, raising its commitments from $1.5 billion to $2 billion and easing borrowing conditions for up to $1.0 billion used at closing of its MaintainX acquisition. The company also signed a $1.0 billion, 364-day delayed draw term loan with Citibank, limited to funding that acquisition, which adds new borrowing capacity tied to the deal. The filing does not state the acquisition price or the company's current debt balance.
- Revolving credit facility increased from $1.5 billion to $2 billion, effective June 15, 2026
- $1.0 billion unsecured term loan, delayed draw and limited to funding the MaintainX acquisition closing, matures 364 days after closing
- Term loan SOFR margin of 0.625% to 1.125%, depending on the company's public debt rating
- Ticking fee of 0.050% to 0.125% per annum on undrawn term loan commitments, starting 120 days after June 15, 2026
Read the filing on SEC.gov ↗
May 28, 4:14 PM ET
Autodesk reported first-quarter fiscal 2027 revenue of $1.93 billion, up 18% from a year earlier, with GAAP net income of $491 million compared with $152 million. The company raised its fiscal 2027 guidance and said it will acquire MaintainX, with the acquisition's impact to be added to guidance after closing.
- Q1 revenue was $1.93 billion, up 18% as reported and 16% in constant currency; GAAP diluted EPS was $2.32 versus $0.70 a year earlier.
- Non-GAAP diluted EPS was $2.99; free cash flow was $876 million, up 58%.
- FY27 guidance: revenue $8.155 billion to $8.215 billion; non-GAAP EPS $12.40 to $12.65; the guidance excludes MaintainX.
- Restructuring and other exit costs were $30 million, down from $105 million a year earlier.
Read the filing on SEC.gov ↗
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