Autodesk Q1 2026 Results Show Strong Growth Despite Flat Stock Reaction
Autodesk Inc. shares dipped marginally to $293.46 despite reporting a 15% year-over-year revenue increase in Q1 2026. The software company’s billings surged 29% as its cloud transition gains momentum, with $78 million attributed to its new transaction model.
Cost discipline drove non-GAAP operating margins to 37%, though GAAP margins faced pressure from restructuring costs. Management maintained guidance for fiscal 2026 revenue approaching $7 billion, signaling confidence in its enterprise transformation strategy.