Autodesk

  Make 244   194   468   373   Other 94   97   192   190   Total net revenue $ 2,046   $ 1,763   $ 3,980   $ 3,396   Payments for subscriptions are typically due in annual installments or upfront. Autodesk does not have any material variable consideration, such as obligations for returns, refunds, warranties, or amounts due to

customers for which significant estimation or judgment is required as of the reporting date. Remaining performance obligations consist of tota l short-term, long-term, a nd unbilled deferred revenue. As of July 31, 2026, Autodesk had remaining performance obligations of $ 7.43 billion, which represents the total transaction price allocated to remaining performance obligations, which are generally

recognized over the next three years . We expect to recognize $ 5.24 billion or 71 % of our remaining performance obligations as revenue during the next 12 months. We expect to recognize the remaining $ 2.19 billion or 29 % of our remaining performance obligations as revenue thereafter. The amount of remaining performance obligations may be impacted by the specific timing, duration, and size of

customer subscription and support agreements, the specific timing of customer renewals, and foreign currency fluctuations. Contract Balances We receive payments from customers based on a billing schedule as established in our contracts. Contract assets relate to performance completed in advance of scheduled billings. Contract assets were not material as of July 31, 2026 and January 31, 2026.

61   $ 21   $ —   $ 2,282   ____________________  (1) Included in “Cash and cash equivalents” in the accompanying Condensed Consolidated Balance Sheets. These investments are classified as debt securities. (2) Consists primarily of corporate debt securities. (3) Consists primarily of agency mortgage-backed securities and agency discount bonds. (4)

Consists primarily of agency bonds and sovereign government bonds. (5) Investments in debt and equity securities that are held in a rabbi trust under non-qualified deferred compensation plans, $ 14 million was classified as current in “Prepaid expenses and other current assets” and $ 123 million was classified as non-current in “Long-term other assets” in the accompanying

Condensed Consolidated Balance Sheets. The liability balance was $ 137 million in the accompanying Condensed Consolidated Balance Sheets. The following table summarizes the fair values of investments classified as marketable debt securities by contractual maturity date as of July 31, 2026: Fair Value Due within 1 year $ 45   Due after 1 year through 5 years 197   Due after 5 years

through 10 years 14   Due after 10 years 3   Total $ 259        As of both July 31, 2026, and January 31, 2026, Autodesk had no material unrealized losses, individually and in the aggregate, for marketable debt securities that are in a continuous unrealized loss position for greater than 12 months. Total unrealized gains for securities with net gains in

accumulated other comprehensive income were not material for the six months ended July 31, 2026. 11 Autodesk monitors all marketable debt securities for potential credit losses by reviewing indicators such as, but not limited to, current credit rating, change in credit rating, credit outlook, and default risk. There were no allowances for credit losses as of both July 31, 2026, and

January 31, 2026. There were

65 Item 6. Exhibits 66 Signatures 67 PART I. FINANCIAL INFORMATION   ITEM 1. FINANCIAL STATEMENTS AUTODESK, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In millions, except per share data) (Unaudited)   Three Months Ended July 31, Six Months Ended July 31, 2026 2025 2026 2025 Net revenue: Subscription (1) $ 1,952   $ 1,667   $ 3,788   $ 3,207   Other 94

  96   192   189   Total net revenue 2,046   1,763   3,980   3,396   Cost of revenue: Cost of subscription revenue (1) 130   114   259   225   Cost of other revenue 22   22   43   46   Amortization of developed technologies 24   23   49   48   Total cost of revenue 176   159   351  

319   Gross profit 1,870   1,604   3,629   3,077   Operating expenses: Marketing and sales 616   559   1,209   1,125   Research and development 464   413   885   807   General and administrative 179   168   341   330   Amortization of purchased intangibles 13   14   25   27   Restructuring,

other exit costs, and facility reductions ( 1 ) 6   29   111   Total operating expenses 1,271   1,160   2,489   2,400   Income from operations 599   444   1,140   677   Interest and other income (expense), net ( 6 ) 12   52   13   Income before income taxes 593   456   1,192   690   Provision for income taxes

( 101 ) ( 143 ) ( 209 ) ( 225 ) Net income $ 492   $ 313   $ 983   $ 465   Basic net income per share $ 2.34   $ 1.47   $ 4.66   $ 2.17   Diluted net income per share $ 2.33   $ 1.46   $ 4.64   $ 2.15   Weighted average shares used in computing basic net income per share 210   213   211   214   Weighted average shares

used in computing diluted net income per share 211   215   212   216   ____________________ (1) During fiscal year 2027, the Company began classifying maintenance revenue within “Subscription revenue”. Prior period amounts have been reclassified to conform to the current period presentation. The reclassification did not impact total net revenue. See accompanying

ADSK: gross margin for the quarter ending 31 July 2026 was 91.4%.

ADSK: net profit for the quarter ending 31 July 2026 was $492,000,000.00.