ADSK Autodesk

FY2026 10-K
Filed: Mar 3, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Autodesk (ADSK) filed its fiscal year 2026 10-K annual report with the SEC on Mar 3, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2026 10-K

Business Overview

  • Global leader in 3D design/engineering software sold via hybrid direct-indirect channels; subscription-based recurring revenue model across AECO, Manufacturing, and M&E verticals
  • Go-to-market overhaul: new transaction model shifts transactions directly between Autodesk and end customers, reducing TD Synnex revenue share from 39% (FY2024) to 14% (FY2026)
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Management Discussion & Analysis

  • Revenue $7.21B in FY2026, up 18% YoY ($1.075B increase); subscription revenue $6.74B, up 18%; AECO best-performing segment at $3.58B, up 22%
  • GAAP operating margin 21.9% vs 22.1% FY2025; non-GAAP operating margin 38% vs 36.4% FY2025; restructuring charges drove GAAP margin pressure
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Risk Factors

  • EU AI Act (approved March 2024) imposes compliance obligations on Autodesk's AI-embedded offerings; U.S. state AI laws adding further regulatory burden
  • International revenue 64% of total; new 10% global "temporary import surcharge" (post-Feb 2026) and prior IEEPA tariffs create trade cost/refund uncertainty
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Financial Summary
XBRL

Revenue

$7.2B

Net Income

$1.1B

Gross Margin

91.0%

Operating Margin

21.9%

Net Margin

15.6%

ROE

36.9%

Total Assets

$12.5B

EPS (Diluted)

$5.23

Operating Cash Flow

$2.5B

Source: XBRL data from Autodesk FY2026 10-K filing on SEC EDGAR. All figures in USD.

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