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AUTODESK, INC. ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTS

Benzinga·
AUTODESK, INC. ANNOUNCES FISCAL 2027 FIRST QUARTER RESULTS

- First quarter revenue grew 18 percent year over year as reported; 16 percent on a constant currency basis, to $1.93 billion - Autodesk to acquire MaintainX, advancing unified platform in operations SAN FRANCISCO , May 28, 2026 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK ) today reported financial results for the first quarter of fiscal 2027, ended April 30, 2026. "Our customers need AI that produces outputs that are accurate in the real world. That requires data, context, and expertise. Each one is scarce and what differentiates Autodesk is that we have all three at scale. We can validate AI-generated outputs against real-world constraints using our existing parametric and physics-based 3D technology," said Andrew Anagnost, CEO of Autodesk. "Autodesk's assistants and MCP infrastructure provide the harness layer that makes frontier models more controllable, context-aware, and useful continuously through the full lifecycle. Autodesk's 3D foundation models provide the core AI engines that directly reason about geometry and physical relationships. This integrated approach is why we believe Autodesk will define the next generation of industrial AI." "We delivered strong first quarter results with solid execution of our plans and consistent momentum in our markets. Our sales reorganization is proceeding as expected," said Janesh Moorjani, Autodesk CFO. "We have raised our fiscal 27 guidance to reflect the strength of the business in the first quarter. Our guidance assumes that the underlying momentum of the business will remain strong and continues to reflect potential disruption from our sales restructuring consistent with the plan we set out in February. The acquisition of MaintainX will bring a strategic asset into Autodesk and support our focus on durable, long-term growth and shareholder value creation. We will include the impact of the acquisition in our guidance a

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