Autodesk (ADSK) shares surged 9.88% in pre-market trading on Friday, following the release of its fiscal 2026 second-quarter results that surpassed analyst expectations and prompted the company to raise its full-year guidance.

The design software company reported second-quarter revenue of $1.76 billion, beating the consensus estimate of $1.72 billion. Adjusted earnings per share came in at $2.62, significantly higher than the expected $2.45. This strong performance demonstrates Autodesk's continued growth and market strength in the face of challenging macroeconomic conditions.

Adding to investor optimism, Autodesk raised its outlook for fiscal year 2026. The company now expects full-year revenue between $7.025 billion and $7.075 billion, up from its previous forecast of $6.93 billion to $7 billion. Additionally, it increased its non-GAAP EPS guidance to a range of $9.80 to $9.98, compared to the earlier projection of $9.50 to $9.73. The improved outlook suggests confidence in sustained growth and profitability.

Autodesk's strong results were driven by robust performance in its Architecture, Engineering, Construction, and Operations (AECO) sector. The company benefited from sustained investment in data centers, infrastructure, and industrial buildings, offsetting weakness in the commercial segment. CEO Andrew Anagnost highlighted the company's strategic focus on delivering valuable and connected solutions to customers, contributing to sustained momentum and operational efficiency.

Furthermore, Autodesk's commitment to innovation in artificial intelligence and cloud technologies is expected to drive future growth. The company is investing in industry-specific foundation models and products capable of understanding and reasoning about 2D and 3D geometry, design and make data, complex structures, and physical behavior. This focus on cutting-edge technologies positions Autodesk well in the competitive software market.