Autodesk, Inc. stock research
FY2027 Q1
Autodesk (ADSK) Gross Margin — Quarter Ended Apr 30, 2026
Revenue decreased compared to the previous quarter but increased from the same quarter last year. Gross profit was stable sequentially and higher year over year, while cost of revenue rose both sequentially and year over year, resulting in a gross margin that improved relative to the prior year but weakened slightly from the preceding quarter.
Gross margin takeaway
Quarter ended Apr 30, 2026 · FY2027 Q1
Revenue decreased compared to the previous quarter but increased from the same quarter last year. Gross profit was stable sequentially and higher year over year, while cost of revenue rose both sequentially and year over year, resulting in a gross margin that improved relative to the prior year but weakened slightly from the preceding quarter.
- The strongest observable margin driver is the year-over-year revenue growth that outpaced the increase in cost of revenue, leading to an expanded gross margin.
- Compared to the immediate preceding quarter, gross margin was slightly lower despite stable gross profit, as revenue declined and cost of revenue increased. Versus the same quarter one year earlier, gross margin improved as revenue grew more than cost of revenue.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
91.0%
Gross profit
$1.8B
Revenue
$1.9B
Cost of revenue
$175.0M
Quarter-over-quarter change
-0.6 pts
Year-over-year change
+0.7 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jul 31, 2025 | $1.8B | $1.6B | $159.0M | 91.0% |
| Oct 31, 2025 | $1.9B | $1.7B | $165.0M | 91.1% |
| Jan 31, 2026 | $2.0B | $1.8B | $166.0M | 91.5% |
| Apr 30, 2026 | $1.9B | $1.8B | $175.0M | 91.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jan 31, 2026
-0.6 pts
Year-over-year change
Apr 30, 2025
+0.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the year-over-year revenue growth that outpaced the increase in cost of revenue, leading to an expanded gross margin.
Compared to the immediate preceding quarter, gross margin was slightly lower despite stable gross profit, as revenue declined and cost of revenue increased. Versus the same quarter one year earlier, gross margin improved as revenue grew more than cost of revenue.
Monitor the trend in cost of subscription revenue, which increased from the prior year period as detailed in the filing.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Autodesk, Inc. (ADSK) | 91.0% |