NASDAQ$ADSK

Autodesk, Inc. · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Autodesk's Q2 2025 financial results were announced, showcasing revenue growth and increased profitability.

Autodesk reported a 12% increase in revenue to $1.51 billion and a GAAP EPS of $1.30. The company's strong performance led to raised guidance for billings, revenue, EPS, and free cash flow.

  • Total revenue increased by 12 percent to $1.51 billion.
  • GAAP operating margin was 23 percent, up 4 percentage points.
  • Non-GAAP operating margin was 37 percent, up 1 percentage point.
  • Free cash flow was $203 million.

Headline financials

Total Revenue

$1.51B

Previous: $1.35B+11.9%
EPS

$1.30

Previous: $1.91-31.9%
Capital Expenditures

-$16M

Previous: -$16M+0.0%
Free Cash Flow

$690M

Previous: $842M-18.1%
Net Income

$282M

Previous: $222M+27.0%
Operating Income

$343M

Previous: $262M+30.9%
Gross Profit

$1.37B

Previous: $1.22B+12.1%
Cash & Equivalents

$1.51B

Previous: $1.71B-11.7%
Total Assets

$9.96B

Previous: $9.11B+9.4%
R&D Expense

$368M

No prior period
Stock-Based Comp

$167M

Previous: $197M-15.2%

Revenue & EPS history

Autodesk · Revenue · Quarterly

$1.51B

Q2 2025+11.9%vs Q2 2024
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Autodesk · $739M total across 4 segments · Q3 2024

  • AutoCAD and AutoCAD LT
    $372M
  • MFG
    $269M
  • M&E
    $73M
  • Other
    $25M

Forward guidance

Autodesk provided the following guidance for Q3 FY25 and Full Year FY25:

Tailwinds

  • Q3 FY25 Revenue is expected to be between $1,555 million and $1,570 million.
  • Q3 FY25 EPS GAAP is expected to be between $1.21 and $1.27.
  • Q3 FY25 EPS non-GAAP is expected to be between $2.08 and $2.14.
  • FY25 Billings are expected to be between $5,880 million and $5,980 million, up 13% - 15%.
  • FY25 Revenue is expected to be between $6,080 million and $6,130 million, up approximately 11%.

Headwinds

  • FY25 GAAP operating margin is expected to be 21% - 22%.
  • FY25 Non-GAAP operating margin is expected to be 35% - 36%.
  • FY25 EPS GAAP is expected to be between $4.88 and $5.01.
  • FY25 EPS non-GAAP is expected to be between $8.18 and $8.31.
  • FY25 Free cash flow is expected to be between $1,450 million and $1,500 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-0.4%

Avg return

Earnings day

+0.0%

Avg return

5 days after

-0.1%

Avg return

30 days after

47%

34 / 73 earnings

Positive

+17.0%

Q1 2018

Best reaction

-18.9%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q4 2026-1.8%+10.5%-1.5%
Q3 2026-3.6%+3.6%+2.1%
Q2 2026+8.9%+10.1%+11.9%
Q1 2026+0.2%+1.4%+0.7%
Q4 2025-2.9%-5.4%-7.3%
Q3 2025-9.0%-8.6%-6.0%
Q2 2025+1.5%+1.3%+6.8%
Q1 2025+2.2%+3.5%+14.0%
Q4 2024+3.7%-3.1%+2.0%
Q3 2024-7.8%-7.4%+10.1%
Q2 2024+4.0%+8.2%+1.7%
Q1 2024+1.1%-0.9%+2.7%
Q4 2023-11.2%-8.3%-7.6%
Q3 2023-4.6%-2.8%-8.9%
Q2 2023+3.1%-3.7%-13.6%
Q1 2023+13.3%+11.4%+3.2%
Q4 2022+5.1%+2.4%+1.5%
Q3 2022-17.3%-18.1%-9.5%
Q2 2022-9.1%-8.1%-13.6%
Q1 2022-2.3%-3.8%-1.3%
Q4 2021-7.7%-7.0%-10.0%
Q3 2021+5.4%+6.0%+17.2%
Q2 2021-1.4%-1.8%-12.2%
Q1 2021+1.6%+9.9%+16.6%
Q4 2020+0.1%-5.3%-25.8%
Q3 2020+6.7%+7.1%+9.1%
Q2 2020-5.2%-3.4%+0.9%
Q1 2020-7.4%-7.4%-1.8%
Q4 2019-2.7%-5.8%-5.1%
Q3 2019+7.4%+5.5%-0.6%
Q2 2019+14.8%+14.5%+11.3%
Q1 2019-4.7%-7.0%-2.0%
Q4 2018+15.8%+17.2%+7.7%
Q3 2018-16.0%-17.8%-19.3%
Q2 2018+3.9%+0.6%+1.0%
Q1 2018+17.0%+20.2%+11.6%
Q4 2017-4.1%-7.7%-2.8%
Q3 2017-3.4%-6.1%-0.3%
Q2 2017+9.0%+7.7%+13.5%
Q1 2017-2.7%
Q4 2016+4.1%
Q3 2016-1.1%
Q2 2016-3.3%
Q1 2016-1.4%
Q4 2015+3.6%
Q3 2015+4.8%
Q2 2015-5.6%
Q1 2015+7.5%
Q4 2014-0.7%
Q3 2014+8.3%
Q2 2014+9.2%
Q1 2014-5.9%
Q4 2013-3.0%
Q3 2013+3.4%
Q2 2013-15.1%
Q1 2013-15.7%
Q4 2012-0.4%
Q3 2012+5.9%
Q2 2012-18.9%
Q1 2012-4.4%
Q4 2011+6.3%
Q3 2011+0.7%
Q2 2011+5.7%
Q1 2011+0.6%
Q4 2008+0.3%
Q4 2010+0.3%
Q3 2010-4.0%
Q3 2009-4.0%
Q2 2010-3.4%
Q2 2009-3.4%
Q4 2009-0.1%
Q1 2010-0.1%
Q1 2009-0.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro