Autodesk Q1 revenue rises 15% to $1.6 billion; GAAP profit falls 40%
Autodesk reported first-quarter fiscal 2026 revenue of $1,633 million, up 15% from a year earlier, and non-GAAP diluted EPS of $2.29, up $0.42. GAAP diluted EPS fell to $0.70 from $1.16 as net income dropped to $152 million from $252 million, with a $105 million restructuring charge among the factors. The company also said its chief accounting officer, Stephen W. Hope, will step down, with CFO Janesh Moorjani taking on the principal accounting officer role.
Key points
- Q1 fiscal 2026 revenue of $1,633 million, up 15% (16% in constant currency); GAAP diluted EPS $0.70, down $0.46 year over year
- Net income $152 million versus $252 million a year earlier; restructuring, other exit costs, and facility reductions were $105 million in the quarter
- Q2 fiscal 2026 revenue guidance $1,720 million to $1,730 million; full-year revenue guidance $6,925 million to $6,995 million
- Stephen W. Hope to step down as principal accounting officer after the Form 10-Q filing and leave the company at the end of August 2025; CFO Janesh Moorjani to also serve as principal accounting officer
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.