{
  "id": 4378072,
  "title": "Autodesk (ADSK) Grew Revenue 16% but Remaining Performance Obligations Rose Only 2%",
  "url": "https://urgent.news/2026/08/29/autodesk-adsk-grew-revenue-16-but-remaining-performance-obligations",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-29T03:18:14.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/autodesk-adsk-grew-revenue-16-031814593.html"
  },
  "original_language": "en",
  "account": "Autodesk reported a 16% increase in fiscal 2027 second-quarter revenue to $2.046 billion, while billings grew 10% to $1.854 billion. However, total remaining performance obligations rose only 2% to $7.433 billion, showing a discrepancy between revenue growth and commitment growth. Current RPO, covering revenue within the next 12 months, grew 12% to $5.245 billion. Autodesk reduced multiyear contract discounts and is winding down Maintenance-to-Subscription renewals, which impacts unbilled deferred revenue and RPO growth. Management expects better price realization, but the strategy temporarily hampers growth in long-term commitments. Profitability strengthened with a 4 percentage point rise in GAAP operating margin to 29% and a 2 percentage point increase in non-GAAP operating margin to 41%. Cash generation was strong, with operating cash flow up 25% to $575 million and free cash flow up 24% to $561 million. Autodesk increased fiscal 2027 billings and revenue outlook, but the weaker growth in total RPO and unbilled deferred revenue highlights the risks of reduced discounting. If customers opt for shorter contracts, the company gains pricing power now while potentially losing long-term revenue visibility. The acquisition of MaintainX may dilute fiscal 2027 margins, but the company expects it to contribute $60 million of revenue and $70 million of billings in the second half of 2027. The outlook for fiscal 2028 includes a full year of related costs. Hedge fund interest in Autodesk has decreased since the quarter's end.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "Okta (OKTA) Grew Remaining Performance Obligations 17% While Revenue Rose 11%. Is the Platform Reaccelerating?",
        "url": "https://urgent.news/2026/08/29/okta-okta-grew-remaining-performance-obligations-17-while-revenue",
        "published": "2026-08-29T03:17:50.000Z"
      }
    ]
  },
  "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."
}