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Autodesk Inc.
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Autodesk Inc.

Autodesk Announces Acquisition of MaintainX and Strong Q1 Results

| 8-K |Technology

Summary

Autodesk, Inc. reported strong financial results for the first quarter of fiscal 2027, with revenue growing 18% year over year to $1.93 billion. The company also announced the acquisition of MaintainX, a strategic move to advance its platform in operations. Autodesk raised its fiscal 2027 guidance to reflect the strength of the business in the first quarter.

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About Autodesk Inc.

Autodesk Inc. is a global leader in 3D design, engineering, and entertainment software. Its primary function is to provide cutting-edge digital tools that empower professionals across various industries such as architecture, engineering, construction, manufacturing, media, and entertainment to visualize, simulate, and analyze real-world performance in a virtual environment. The company's flagship products include AutoCAD, a computer-aided design software used widely by architects and engineers; Revit, which supports building information modeling for architects and construction professionals; and Maya, a sophisticated software used by animators in the film and gaming industries. Autodesk’s software solutions are critical in project planning, design, and implementation, facilitating increased productivity and innovation. Operating a subscription-based business model, Autodesk has transitioned to cloud-based platforms, enhancing collaboration and flexibility for users globally. With its commitment to sustainability and reducing environmental impact through design, Autodesk holds a significant role in transforming how products are made, evolving the fields it touches through technology.

Exchange: NASDAQ Industry: Software - Application Company Website →

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