Autodesk's Q2 2022 results showed strong growth with revenue increasing by 16% to $1,060 million and current remaining performance obligations increasing by 24% to $2,854 million. This growth was driven by strength in new business and a resilient subscription model. The company is raising its FY22 revenue and margin guidance.
Total revenue increased 16 percent to $1,060 million.
GAAP operating margin was 14 percent, down 2 percentage points.
Non-GAAP operating margin was up 2 percentage points to 31 percent.
Free cash flow was $186 million.
Autodesk provided forward-looking statements for the third quarter and full-year fiscal 2022, taking into consideration the current economic environment and foreign exchange currency rate environment.
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