Autodesk Q2 FY27: Revenue Up 16%, MaintainX Deal Closes at $3.53B
ADSK sits 41% above its 52-week low of $185.5.
Summary
Autodesk's Q2 FY27 10-Q confirms 16% revenue growth and $492M GAAP net income, and discloses that the $3.53B MaintainX acquisition closed August 3, funded by $2B in new short-term debt.
Key Events · Earnings and Guidance · ADSK
-
Q2 FY27 Revenue Up 16%
Total net revenue reached $2.05B for the quarter, up 16% year over year, with GAAP net income of $492M and diluted EPS of $2.33.
-
MaintainX Acquisition Closed
The $3.53B acquisition of MaintainX closed on August 3, 2026, funded by a $1B 364-day term loan at 4.58%, $1B in commercial paper at 4.17%, and cash on hand.
-
Balance Sheet Leverage Shift
Short-term debt rose from zero to $994M quarter over quarter, and total debt now includes $2.5B in senior notes plus the new term loan and commercial paper.
-
CEO Replaces 10b5-1 Plan
Andrew Anagnost terminated his prior 10b5-1 plan (93,097 shares) on May 29, 2026 and adopted a new plan on June 23, 2026 covering up to 66,394 shares through July 1, 2027.
Analysis · ADSK · Technology
Autodesk's 10-Q confirms the strong Q2 results previewed in yesterday's 8-K — revenue up 16% to $2.05B and GAAP net income of $492M — but adds the material detail that the $3.53B MaintainX acquisition closed on August 3, 2026, funded by $1B in new term-loan debt and $1B in commercial paper. The balance sheet now carries $994M in short-term debt versus zero a quarter ago, a meaningful leverage shift for a company that had been net-cash-rich. CEO Andrew Anagnost also replaced his 10b5-1 selling plan, reducing the planned sale from 93,097 to 66,394 shares. The quarter itself is solid, but the debt-funded acquisition and the soft Q3 EPS guidance already weighing on the stock make this a notable update for holders.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ADSK was trading at $260.66 on NASDAQ in the Technology sector, with a market capitalization of approximately $55B. The 52-week trading range was $185.50 to $329.09. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.