Shares in Autodesk Inc. rose more than 5% in late trading today after the computer-aided design company reported earnings and revenue ahead of expectations in its fiscal 2026 fourth quarter and also provided stronger-than-expected guidance for the year ahead.

For the quarter that ended on Jan. 31, Autodesk reported adjusted earnings per share of $2.85, up from $2.29 in the same quarter of the previous fiscal year, on revenue of $1.957 billion, up 19% year-over-year. Both figures came in ahead of the $2.64 per share and revenue of $1.91 billion in revenue expected by analysts.

The company reported a surge in billings in the quarter, up 33% year-over-year, to $2.804 billion. By product type, Autodesk’s Design segment revenue rose 19% year-over-year, to $1.609 billion, Make net revenue rose 24%, to $218 million, and other revenue rose 21%, to $130 million.

Business highlights in the quarter included the launch of a new Autodesk Platform Services model designed to provide more flexible and predictable access to its cloud application programming interfaces, a major update to the company’s cloud-based product development platform Fusion 360 and a milestone expansion of its education footprint.

The revamped Autodesk Platform Services model simplifies how developers and enterprise customers consume cloud-based design and data APIs. The new structure is focused on offering clearer pricing, improved scalability and greater predictability for organizations building custom workflows and integrations on top of Autodesk’s platform.

In January, the company rolled out a Fusion 360 product update that delivers enhancements across design, simulation, manufacturing and data management features.

In a milestone for Autodesk, the company also announced that it has reached 150 million students and educators globally through its education programs by expanding access to professional-grade design and engineering tools. The milestone is part of Autodesk’s long-term strategy of embedding its software early in academic environments to cultivate future professionals already trained on its platform.

For its full fiscal year 2026, Autodesk reported adjusted earnings per share of $10.42, up from $8.47 in the previous fiscal year, on revenue of $7.206 billion, up 18% year-over-year.

“Building agentic AI for the real world requires specialized data, context and expertise. Scaling and monetizing it requires a platform and next-generation business models and go-to-market,” Chief Executive Andrew Anagnost said in the company’s earnings release. “Few companies have all these advantages. Autodesk does. We have been preparing for and working towards the cloud and AI for more than a decade. Our best days and greatest opportunities lie ahead.”

For its fiscal 2027 first quarter, Autodesk expects adjusted earnings of $2.82 to $2.86 and revenue of $1.885 billion to $1.9 billion and for the full year, earnings of $12.29 to $12.56 and revenue of $8.1 billion to $8.17 billion. The full-year outlook was ahead of the analyst consensus of $11.65 per share and revenue of $7.97 billion.

Photo: Autodesk