Autodesk reports Q1 non-GAAP EPS $2.29, consensus $2.15

Reports Q1 revenue $1.63B, consensus $1.61B. “Against an uncertain geopolitical, macroeconomic, and policy backdrop, our strong performance in the first quarter of fiscal 26 set us up well for the year,” said CEO Andrew Anagnost. “We continue to make the right decisions to drive long-term shareholder value by focusing on our strategic priorities in cloud, platform, and AI; optimizing our sales and marketing to drive higher margins; and allocating more capital to share repurchases as our free cash flow grows.” “Q1 was another strong quarter. We have not seen changes in overall business momentum when compared to recent quarters,” said Janesh Moorjani, CFO. “Our guidance for Q2 and the rest of the year now includes currency movements since February partly offset by additional caution in our growth assumptions to reflect greater macro economic uncertainty.”