Autodesk, Inc. (ADSK) Q4 Revenue Surges 19% YoY, Exceeds Guidance Across Key Metrics

Core Insights - Autodesk, Inc. (NASDAQ:ADSK) is recognized as one of the best technology stocks and is included among the 13 Best Big Tech Stocks to Buy According to Hedge Funds [1][2]. Financial Performance - For the fourth quarter of fiscal 2026, Autodesk reported a revenue increase of 19% year over year, exceeding guidance in key metrics such as revenue, billings, non-GAAP operating margin, non-GAAP EPS, and free cash flow [3][9]. - Billings for the quarter rose by 33% overall, with a 30% increase on a constant-currency basis, and a 32% increase when excluding the new transaction model [3]. - The new transaction model contributed approximately $185 million in billings and $137 million in revenue during the quarter [4]. Margins and Stock Buybacks - The non-GAAP operating margin improved by 120 basis points to 38%, while the GAAP margin remained unchanged after a $100 million restructuring charge [4]. - The company repurchased $333 million worth of stock in the quarter, totaling nearly $1.4 billion for the entire fiscal year, which is about half of the $972 million in free cash flow generated in the quarter [4]. Future Guidance - Autodesk forecasts fiscal 2027 billings between $8.48 billion and $8.58 billion, revenue between $8.10 billion and $8.17 billion, a non-GAAP operating margin of 38.5% to 39%, and free cash flow of $2.7 billion to $2.8 billion [5].