Autodesk Inc Q1 2026 Earnings Call Summary

Edited Brief of ADSK.OQ earnings conference call or presentation 22-May-25 9:00pm GMT

...B. Revenue and non-GAAP earnings per share topped the higher end of our guidance ranges and billings, non-GAAP margins and free cash flow exceeded our expectations. C. We are allocating more capital to share repurchases as our free cash flow stack rebuilds from the transition to annual billings for most multi-year contracts. D. Second, rebuilding our free cash flow stack after the transition to annual billings for most multi-year contracts increases our capacity to sustainably return cash to shareholders through share repurchases. E. Overall, the underlying momentum of the business was similar to prior quarters. F. We saw strength in AECO in upfront revenue from enterprise business agreements or EBAs and in the Autodesk store as friction from the new transaction model implementation process continue to ease. G. Total revenue in the first quarter grew 15% as reported and 16% in constant currency. H. The contribution from the new transaction model to revenue was $78 million in the first quarter....

Brief