At a glance
Autodesk Inc is worth $53.90B, about 49 times its fiscal 2026 earnings. Revenue grew 17.5% to $7.21B in fiscal 2026, with 15.6% kept as profit; over 5 years it has grown 13.7% a year. It pays no dividend; it spent $5.23B buying back its shares over FY2022–FY2026. The stock returned −14.4% over the past year with dividends reinvested and −3.9% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 35.5% in the 2020 crash (S&P 500: 33.7%) and 42.1% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 3 months and 28 months after the lows.
The business in plain English
Autodesk makes software for designing and building things. Architects, engineers, construction firms, manufacturers, and film and game studios use it to draw, model and test designs on screen before anything is built. Its products include AutoCAD, a computer-aided design (CAD) program for drafting, and Revit, used for building information modeling (BIM): 3D building models that carry data about each part. Fusion and Inventor serve product designers. Maya and 3ds Max are used for animation and visual effects.
Customers mainly pay for subscription plans that combine desktop software with cloud features, so revenue recurs as long as they renew. Autodesk reaches customers through partner companies and directly: large enterprise accounts, its online store, and a newer model in which partners prepare the quote but the customer pays Autodesk itself.
In fiscal 2026, which ended January 31, 2026, revenue was $7.2 billion, up 17.5%. Software for architecture, engineering, construction and operations, including Revit and the civil engineering tool Civil 3D, brought in 49.7%. AutoCAD and AutoCAD LT added 24.8%, manufacturing tools 19.1%, and media and entertainment 4.6%. Europe, the Middle East and Africa supplied 38.8% of revenue, the United States 35.6%, Asia Pacific 17.1% and the rest of the Americas 8.5%.
Price history
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ADSK -14.4% over the year to Nov 2, 2026, total return with dividends reinvested.
How it makes money
By product or service
| Architecture Engineering , Construction And Operation | $3.58B | 49.7% |
| AutoCAD and AutoCAD LT | $1.79B | 24.8% |
| Manufacturing | $1.38B | 19.1% |
| Media And Entertainment | $332.0M | 4.6% |
| Other | $125.0M | 1.7% |
| Maintenance | $33.0M | 0.5% |
By geography
| EMEA | $2.79B | 38.8% |
| United States | $2.57B | 35.6% |
| Asia Pacific | $1.23B | 17.1% |
| Other Americas | $612.0M | 8.5% |
Latest results
- In Q2 FY2027 (ended Jul 31, 2026), revenue was $2.05B, up 16.1% from a year earlier, and net income was $492.0M (+57.2%).
- For fiscal 2026, revenue was $7.21B (+17.5% year over year; +13.7% a year from FY2021 to FY2026) with a 15.6% net margin.
Financial health check
| Revenue growth a year (FY2021–FY2026) | +13.7% good |
|---|---|
| Operating margin | 21.9% good |
| Free cash flow margin | 33.4% good |
| Return on equity (FY2026) | 36.9% good |
| Return on assets (FY2026) | 9% good |
| Net cash (cash minus debt) | $863.0M good |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $3.79B | $1.21B | $1.35B |
| FY2022 | $4.39B | $497.0M | $1.48B |
| FY2023 | $5.00B | $823.0M | $2.03B |
| FY2024 | $5.50B | $906.0M | $1.28B |
| FY2025 | $6.13B | $1.11B | $1.57B |
| FY2026 | $7.21B | $1.12B | $2.41B |
Valuation snapshot
| Market value | $53.90B |
|---|---|
| P/E ratio | 49.3 |
| Dividend yield | 0% |
Rank among 1514 US companies
Market value at each year end
Autodesk’s market value went from $16.47B at the end of 2016 to $53.90B on Nov 2, 2026, about 3.3 times as much; since the end of 2025 it is down 14%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Nov 2, 2026 | $53.90B | -14.1% |
| 2025 | $62.75B | -1.2% |
| 2024 | $63.55B | +22.0% |
| 2023 | $52.08B | +29.2% |
| 2022 | $40.32B | -34.8% |
| 2021 | $61.85B | -7.9% |
| 2020 | $67.14B | +66.5% |
| 2019 | $40.32B | +43.2% |
| 2018 | $28.17B | +22.0% |
| 2017 | $23.09B | +40.2% |
| 2016 | $16.47B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| ADSK price data to Nov 2, 2026 | -12.9% | -14.4% | +9.0% | -3.9% | +14.1% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | -12.9% |
| 2025 | +0.1% |
| 2024 | +21.4% |
| 2023 | +30.3% |
| 2022 | -33.5% |
| 2021 | -7.9% |
| 2020 | +66.4% |
| 2019 | +42.6% |
| 2018 | +22.7% |
| 2017 | +41.6% |
| 2016 | +21.5% |
| 2015 | +1.4% |
| 2014 | +19.4% |
| 2013 | +42.4% |
| 2012 | +16.6% |
| 2011 | -20.6% |
| 2010 | +50.3% |
| 2009 | +29.3% |
| 2008 | -60.5% |
| 2007 | +23.0% |
| 2006 | -5.8% |
| 2005 | +13.2% |
| 2004 | +209.3% |
| 2003 | +72.5% |
| 2002 | -22.9% |
| 2001 | +38.9% |
| 2000 | -19.9% |
| 1999 | -20.6% |
| 1998 | +15.8% |
| 1997 | +32.6% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 76.8% over that stretch · deepest drop along the way 76.9%, back to its old high 58 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 31.6% over that stretch · deepest drop along the way 35.5%, back to its old high 2.7 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 31.7% over that stretch · deepest drop along the way 42.1%, back to its old high 28 months after the low |
Insider activity
Form 4 filings from 2025-10-27 to 2026-10-27 (25 read): 5 open-market purchases ($2.2M) and 0 sales ($0.00).
| Date | Insider | Type | Value |
|---|---|---|---|
| May 29, 2026 | Stacy J Smith Director | buy | $634K |
| Jun 16, 2026 | Andrew Anagnost President and CEO, Director | buy | $499K |
| Jun 15, 2026 | Janesh Moorjani EVP, Chief Financial Officer | buy | $494K |
| Jun 23, 2026 | John T Cahill Director | buy | $378K |
| May 29, 2026 | Stacy J Smith Director | buy | $160K |
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 11% | Jun 30, 2026 |
| Vanguard Capital Management | 7.52% | Mar 31, 2026 |
| Vanguard Portfolio Management | 5.52% | Jun 30, 2026 |
ETFs with the most weight in ADSK
| BULD Pacer BlueStar Engineering the Future ETF | 7.98% |
| MAKX ProShares S&P Kensho Smart Factories ETF | 6.96% |
| BRNY Burney U.S. Factor Rotation ETF | 4.62% |
| LSGR Natixis Loomis Sayles Focused Growth ETF | 4.51% |
| IBOT Vaneck Robotics ETF | 4.18% |
| PRNT 3D Printing ETF | 3.87% |
| FMET Fidelity Metaverse ETF | 3.62% |
| GGME Invesco Next Gen Media and Gaming ETF | 3.51% |
What could go wrong
- Heavy reliance on AutoCAD-based products. A substantial portion of revenue comes from a few offerings, including AutoCAD-based software and collections. AutoCAD and AutoCAD LT alone made up 24.8% of fiscal 2026 revenue. Weak demand there would hurt results.
- Internal investigation has led to lawsuits. The board's Audit Committee conducted an internal investigation that Autodesk calls time-consuming and expensive. It has already led to lawsuits and could bring more costs or litigation.
- Subscription renewals are hard to predict. Autodesk says it may not be able to predict how many subscribers renew. Pricing and plan changes, including a shift to named-user plans and a new sales model, may not suit customers.
- Dependence on sales partners. Autodesk relies partly on partner companies to reach customers. If those relationships sour, partners run into financial trouble, or incentives are misjudged, its ability to generate revenue would suffer.
- Competition and the race to add AI. Rivals and rapid technology change could cut revenue and profits. Autodesk devotes significant resources to AI features. If customers don't adopt them or they fail to work as expected, its reputation and results could suffer.
- Most sales come from outside the US. The United States supplied only 35.6% of fiscal 2026 revenue. Currency swings, export controls, foreign taxes and political tensions abroad can all hurt Autodesk's reported results and cash flow.
Recent events
- Major agreement signed; New debt or financial obligation; Other company announcement
- Quarterly results released; Investor presentation or announcement
- Other company announcement
- Other company announcement
- Bylaws or fiscal year changed; Shareholder vote results
- Major agreement signed; New debt or financial obligation
- Quarterly results released; Investor presentation or announcement
- Major agreement signed; Investor presentation or announcement
- Executive or board change
- Quarterly results released; Investor presentation or announcement
For income and retirement investors
Autodesk does not pay a dividend: it paid none in fiscal 2021 through 2026, and its yield was 0% as of October 28, 2026. Income investors would get no regular payouts; cash would come only from selling shares. Autodesk instead repurchases its own shares. Buybacks totaled $5.2 billion in fiscal 2022 through 2026, including $1.4 billion in fiscal 2026, against $2.4 billion of free cash flow (cash left after running and investing in the business). The share count fell 4.9% between August 2021 and August 2026.
The stock has fallen hard in downturns. It dropped 76.9% in the 2008 financial crisis, regaining its peak only in January 2014. It fell 35.5% in the 2020 COVID crash but recovered by June 2020. In the 2022 bear market it lost 42.1% and took until October 2024 to recover. Single stocks like Autodesk carry more risk than diversified funds.
Questions investors ask
How does Autodesk make money?
Autodesk sells design and engineering software through subscription plans. It sells both directly and through resellers. In the fiscal year ended January 31, 2026, tools for architecture, engineering, construction and operations, such as Revit, Civil 3D and Autodesk Build, brought in 49.7% of its $7.21 billion in revenue. AutoCAD and AutoCAD LT added 24.8%. Manufacturing software such as Fusion and Inventor added 19.1%, and media and entertainment tools such as Maya and 3ds Max added 4.6%. Europe, the Middle East and Africa supplied 38.8% of sales.
Does Autodesk pay a dividend?
No. Autodesk paid no dividends in fiscal years 2022 through 2026, and its dividend yield was 0% as of October 29, 2026. Instead, it returns cash by repurchasing its own shares. It spent $5.23 billion on repurchases over those five years. Repurchases can shrink the share count, which gives each remaining share a bigger slice of profits. Autodesk's share count fell 4.9% between August 27, 2021, and August 21, 2026. Investors who rely on portfolio income would receive none from this stock.
Is Autodesk stock expensive?
Measured against earnings, the shares are priced high. As of October 29, 2026, they traded at 46.2 times earnings per share of $5.23 for the fiscal year ended January 31, 2026. This price-to-earnings (P/E) ratio shows how many dollars investors pay for each dollar of yearly profit. Revenue grew 17.5% that year, but net income rose only 1.1%, to $1.12 billion. Profit picked up in the quarter ended July 31, 2026, when net income rose 57.2% from a year earlier. A high P/E leaves less room for disappointment.
How did Autodesk stock do in past market crashes?
It fell hard in each of the three big market sell-offs since 2007. In the 2008 financial crisis, the shares dropped 76.9% from their December 26, 2007, peak to the March 9, 2009, low. They then took 58 months to recover. In the 2022 market slide they fell 42.1% and did not regain the old high until October 14, 2024. The 2020 COVID crash cost 35.5%, but the stock recovered in 2.7 months. In the year to October 29, 2026, the shares lost 18.6%, with a peak-to-trough fall of 40.1%.
Does Autodesk have a lot of debt?
Not compared with its cash, as of July 31, 2026. On that date it held $4.36 billion in cash and investments against $3.49 billion of total debt. Net cash, meaning cash and investments minus debt, was $863 million. That picture may have changed since. In a September 10, 2026, filing, the company reported a major agreement and a new debt or financial obligation, which came after those figures were measured. Its annual report also lists debt payments among the risks that could strain its finances and cash flow.