{
  "id": 3836926,
  "title": "Autodesk shares fall despite Q2 beat as cash flow guidance narrows",
  "url": "https://urgent.news/2026/08/27/autodesk-shares-fall-despite-q2-beat-as-cash-flow-guidance-narrows",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T22:56:51.000Z",
  "source": {
    "name": "SiliconANGLE",
    "slug": "siliconangle",
    "url": "https://siliconangle.com/2026/08/27/autodesk-shares-fall-despite-q2-beat-as-cash-flow-guidance-narrows/"
  },
  "original_language": "en",
  "account": "Autodesk's shares dropped around 5% in late trading following the design software company surpassing Wall Street targets in its fiscal 2027 second quarter and subsequently narrowing its full-year free cash flow forecast. The company reported adjusted earnings of $3.30 per share and revenue of $2.046 billion for the quarter that ended on July 31, both up from the previous year. Billings increased by 10% year-over-year to $1.854 billion, while adjusted operating margin outperformed at 41%. However, the company reduced its midpoint free cash flow forecast for the year to $2.725 billion to $2.75 billion, roughly $25 million below the previous estimate. The reduction is attributed to Autodesk's ongoing program to reduce multi-year discounts and the winding down of multi-year Maintenance-to-Subscription renewals. Chief Executive Andrew Anagnost highlighted the potential of AI in the built world, stating that it will be determined by the platform that combines the most comprehensive context with the appropriate models. Autodesk aims to achieve this by integrating design, manufacturing, and operations in a unified data flow. The company also announced its purchase of MaintainX Inc. for approximately $3.6 billion in cash, with the deal now incorporated into the full-year guidance. The CFO, Janesh Moorjani, indicated that the acquisition and higher underlying growth expectations contributed to the guidance lift and noted that the adjusted margin outlook remains unchanged, with operating leverage offsetting dilution from the acquisition. Full-year revenue is now projected at $8.295 billion to $8.345 billion, up from the earlier range of $8.155 billion to $8.215 billion, excluding MaintainX. Adjusted earnings are expected to range from $12.52 to $12.60 per share, with billings anticipated to be $8.575 billion to $8.65 billion.",
  "summary": "Shares in Autodesk Inc. fell about 5% in late trading today after the design software company beat Wall Street targets in its fiscal 2027 second quarter and then trimmed the midpoint of its full-year free cash flow forecast. For the quarter that ended on July 31, Autodesk reported adjusted earnings of $3.30 per share, up […] The post Autodesk shares fall despite Q2 beat as cash flow guidance…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}