Financials in USD. Standardized financial statements.
A compact view of how Altair Engineering Inc. turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $665.79M | $612.70M | $572.22M | $532.18M | $469.92M | $458.92M | $396.38M | $333.33M | $313.24M | $294.13M |
| Revenue Growth? | +8.7% | +7.1% | +7.5% | +13.2% | +2.4% | +15.8% | +18.9% | +6.4% | +6.5% | 0.0% |
| Cost of Revenue? | $124.80M | $121.79M | $122.89M | $129.67M | $121.31M | $132.60M | $115.97M | $106.59M | $102.60M | $99.21M |
| Gross Profit? | $540.99M | $490.91M | $449.33M | $402.51M | $348.62M | $326.32M | $280.41M | $226.74M | $210.64M | $194.92M |
| Gross Margin? | +81.3% | +80.1% | +78.5% | +75.6% | +74.2% | +71.1% | +70.7% | +68.0% | +67.2% | +66.3% |
| Operating Expenses? | $523.30M | $490.67M | $456.27M | $390.17M | $336.90M | $318.11M | $255.76M | $260.00M | $195.19M | $179.97M |
| Operating Income? | $17.68M | $243,000 | -$23.84M | $12.34M | $11.71M | $8.21M | $24.64M | -$33.26M | $15.45M | $14.95M |
| EBITDA? | $80.63M | $57.86M | $11.67M | $37.98M | $35.52M | $35.78M | $41.65M | -$22.50M | $25.43M | $23.32M |
| Income Before Tax | $32.63M | $12.62M | -$28.21M | -$288,000 | $2.03M | $3.39M | $27.02M | -$36.41M | $13.70M | $11.75M |
| Income Tax Expense | $18.45M | $21.55M | $15.22M | $8.51M | $12.53M | $10.93M | $13.31M | $63.00M | $3.54M | $818,000 |
| Net Income? | $14.18M | -$8.93M | -$43.43M | -$8.79M | -$10.50M | -$7.54M | $13.71M | -$99.41M | $10.16M | $10.93M |
| EPS? | $0.17 | $-0.11 | $-0.55 | $-0.12 | $-0.14 | $-0.11 | $0.19 | $-1.89 | $0.20 | $0.22 |
| Diluted EPS? | $0.17 | $-0.11 | $-0.55 | $-0.12 | $-0.14 | $-0.11 | $0.18 | $-1.89 | $0.20 | $0.22 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality