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Altair Engineering ALTR

Annual report 2024
added 02-20-2025

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Altair Engineering Financial Statements 2011-2026 | ALTR

Annual Financial Statements Altair Engineering

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

9.39 B 7.25 B 5.03 B 4.79 B 4.1 B 2.72 B 2.18 B 1.38 B - 2.71 B - - - -

Shares

84.1 M 80.6 M 79.5 M 76.2 M 73.2 M 71.5 M 67.5 M 52.5 M - 50.3 M - - - -

Historical Prices

112 90 63.3 62.9 55.9 37 32.4 26.6 - - - - - -

Net Income

14.2 M -8.93 M -43.4 M -8.79 M -10.5 M -7.54 M 13.7 M -99.4 M 10.2 M 10.9 M - - - -

Revenue

666 M 613 M 572 M 532 M 470 M 459 M 396 M 333 M 313 M 294 M - - - -

Cost of Revenue

125 M 122 M 123 M 130 M 121 M 133 M 116 M 107 M 103 M 99.2 M - - - -

Gross Profit

541 M 491 M 449 M 403 M 349 M 326 M 280 M 227 M 211 M 195 M - - - -

Operating Income

17.7 M 243 K -6.94 M 12.3 M 11.7 M 8.21 M 24.6 M -33.3 M 15.4 M 14.9 M - - - -

Interest Expense

5.84 M 6.12 M 4.38 M 12.1 M 11.6 M 6.37 M 200 K 2.16 M 2.26 M 2.42 M - - - -

EBITDA

59.8 M 39.4 M 28.6 M 38 M 35.5 M 22.6 M 32.4 M -27.8 M 18.8 M 17.6 M - - - -

Operating Expenses

523 M 491 M 456 M 390 M 337 M 318 M 256 M 260 M 195 M 180 M - - - -

General and Administrative Expenses

90.2 M 70.9 M 72.3 M 66.5 M 86.4 M 82.2 M 79.8 M 88 M 57.2 M 54.1 M - - - -

All numbers in USD currency

Quarterly Income Statement Altair Engineering

2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

84.8 M 83.6 M 82.6 M 80.4 M 80 M 80.2 M - 79.2 M 78.9 M 79.5 M - 75.8 M 75.3 M 74.7 M - 73.3 M 73 M 72.6 M - 71.8 M 71.4 M 70.8 M - 70 M 65.6 M 63.6 M - 50.6 M 50.4 M 50.1 M - 49.8 M - - - - - - - - - - - - - - - - - - - - - -

Net Income

1.78 M -5.15 M 16.5 M -4.36 M -22.3 M -1.96 M - -33.2 M -33.8 M 11.5 M - -8.11 M -13.6 M 14.4 M - -8.5 M -10.2 M 6.03 M -1.5 M -15.9 M -3.12 M 13 M -9 M 15.5 M 15.5 M 24.7 M -60.3 M -29.6 M -7.25 M -2.19 M 5.9 M 314 K 2.47 M 1.48 M - - - - - - - - - - - - - - - - - - - -

Revenue

151 M 149 M 173 M 134 M 141 M 166 M - 119 M 133 M 160 M - 121 M 120 M 150 M - 106 M 98.6 M 131 M 124 M 100 M 107 M 128 M 103 M 93.9 M 95.6 M 113 M 89.9 M 84.9 M 81.6 M 76.9 M 82.8 M 78.1 M 77.5 M 74.8 M - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

30 M 30.5 M 30.9 M 29.1 M 30.8 M 32.7 M - 27.9 M 29.5 M 31.6 M - 31.5 M 31.9 M 33.4 M - 29 M 25.1 M 34.5 M - 31.7 M 31 M 32.9 M - 27.2 M 29.5 M 29 M - 26.3 M 26.9 M 26.8 M - 25.6 M - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

121 M 118 M 142 M 105 M 110 M 133 M - 91.4 M 103 M 128 M - 89.8 M 88 M 117 M - 77.4 M 73.5 M 97 M 86.9 M 68.7 M 75.8 M 95 M 72.7 M 59.5 M 63.9 M 84.2 M 63.2 M 58.6 M 54.7 M 50.1 M 56.6 M 52.4 M 52.2 M 49.4 M - - - - - - - - - - - - - - - - - - - -

Operating Income

-4.31 M -9.9 M 20.9 M -11.3 M -16.3 M 5.19 M - -25 M -7.27 M 20.7 M - -1.93 M -8.59 M 18.2 M - -3.42 M -4.29 M 12.1 M 4.15 M -10.5 M -3.2 M 17.8 M -3.56 M 1.88 M 175 K 26.1 M -3.18 M -20.9 M -7.16 M -1.99 M 7.98 M 224 K 3.62 M 3.63 M - - - - - - - - - - - - - - - - - - - -

Interest Expense

1.32 M 1.6 M 1.58 M 1.53 M 1.53 M 1.53 M - 1.57 M 700 K 585 K - 3.04 M 2.99 M 2.97 M - 2.93 M 2.84 M 2.81 M - 2.73 M 590 K 270 K - 31 K 45 K 16 K - 634 K 548 K 611 K - 507 K - - - - - - - - - - - - - - - - - - - - - -

EBITDA

7.25 M 35 K 30.6 M -1.48 M -6.53 M 14.9 M - -16.7 M 865 K 28.4 M - 4.25 M -2.1 M 24.9 M - 2.2 M 1.34 M 17.8 M 4.15 M -5.14 M 2.07 M 23 M -3.56 M 5.25 M 4.16 M 29.7 M -3.18 M -18.1 M -2.07 M 471 K 7.98 M 2.68 M 3.62 M 3.63 M - - - - - - - - - - - - - - - - - - - -

Operating Expenses

126 M 128 M 121 M 116 M 127 M 128 M - 116 M 110 M 107 M - 91.7 M 96.6 M 98.5 M - 80.8 M 77.8 M 84.9 M - 79.2 M 79 M 77.2 M - 57.7 M 63.7 M 58.1 M - 79.6 M 61.9 M 52.1 M - 52.2 M - - - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

17.5 M 19.3 M 17.8 M 17.2 M 18.6 M 18 M - 18.3 M 18.4 M 17.4 M - 22.2 M 21.9 M 23.9 M - 20.9 M 20.2 M 22.3 M - 20.7 M 19.9 M 20.3 M - 17.2 M 17.4 M 17 M - 29.2 M 21.2 M 16.1 M - 15.8 M - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements Altair Engineering ALTR
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting Altair Engineering plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Software industry

Issuer Price % 24h Market Cap Country
Alarm.com Holdings Alarm.com Holdings
ALRM
$ 42.74 -1.85 % $ 2.13 B usaUSA
ANSYS ANSYS
ANSS
- - $ 32.7 B usaUSA
FireEye, Inc. FireEye, Inc.
FEYE
- -3.41 % $ 4.13 B usaUSA
Avaya Holdings Corp. Avaya Holdings Corp.
AVYA
- - $ 3.47 M usaUSA
Alteryx Alteryx
AYX
- - $ 3.42 B usaUSA
Aspen Technology Aspen Technology
AZPN
- - $ 16.8 B usaUSA
Powerbridge Technologies Co., Ltd. Powerbridge Technologies Co., Ltd.
PBTS
- 2.4 % $ 115 M chinaChina
Brightcove Brightcove
BCOV
- - $ 192 K usaUSA
Euronet Worldwide Euronet Worldwide
EEFT
$ 68.82 -0.66 % $ 2.88 B usaUSA
Black Knight Black Knight
BKI
- -0.02 % $ 11.7 B usaUSA
Sapiens International Corporation N.V. Sapiens International Corporation N.V.
SPNS
- - $ 2.43 B curacaoCuracao
Cadence Design Systems Cadence Design Systems
CDNS
$ 270.58 -3.71 % $ 73.4 B usaUSA
Globant S.A. Globant S.A.
GLOB
$ 44.21 -2.41 % $ 7.32 B luxembourgLuxembourg
Net Element, Inc. Net Element, Inc.
NETE
- 8.63 % $ 83.8 M usaUSA
Coupa Software Incorporated Coupa Software Incorporated
COUP
- - $ 6.12 B usaUSA
BlackBerry Limited BlackBerry Limited
BB
$ 3.84 0.39 % $ 2.27 B canadaCanada
Aurora Mobile Limited Aurora Mobile Limited
JG
$ 6.55 - $ 39 M chinaChina
Kingsoft Cloud Holdings Limited Kingsoft Cloud Holdings Limited
KC
$ 15.29 3.1 % $ 55.9 B chinaChina
Citrix Systems Citrix Systems
CTXS
- - $ 13.2 B usaUSA
Proofpoint, Inc. Proofpoint, Inc.
PFPT
- - $ 10.1 B usaUSA
American Software American Software
AMSWA
- -2.14 % $ 369 M usaUSA
Agora Agora
API
$ 3.73 1.36 % $ 1.39 B chinaChina
CYREN Ltd. CYREN Ltd.
CYRN
- -18.15 % $ 1.77 M usaUSA
AppFolio AppFolio
APPF
$ 146.85 -1.18 % $ 5.29 B usaUSA
Zix Corporation Zix Corporation
ZIXI
- 0.12 % $ 482 M usaUSA
EVERTEC EVERTEC
EVTC
$ 28.18 -1.0 % $ 1.8 B puerto-ricoPuerto-rico
Akamai Technologies Akamai Technologies
AKAM
$ 100.65 -8.17 % $ 14.6 B usaUSA
Digital Turbine Digital Turbine
APPS
$ 2.93 -2.66 % $ 304 M usaUSA
Viant Technology Viant Technology
DSP
$ 9.95 -2.83 % $ 163 M usaUSA
Manhattan Associates Manhattan Associates
MANH
$ 120.95 -2.84 % $ 7.31 B usaUSA
Ebix Ebix
EBIX
- -30.99 % $ 36.3 M usaUSA
Dropbox Dropbox
DBX
$ 21.93 -1.37 % $ 5.88 B usaUSA
ChannelAdvisor Corporation ChannelAdvisor Corporation
ECOM
- 0.02 % $ 668 M usaUSA
MongoDB MongoDB
MDB
$ 217.89 -5.05 % $ 17.7 B usaUSA
Mitek Systems Mitek Systems
MITK
$ 13.74 -2.9 % $ 640 M usaUSA
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
- - $ 18.1 B israelIsrael
Microsoft Corporation Microsoft Corporation
MSFT
$ 373.62 0.15 % $ 2.78 T usaUSA
Materialise NV Materialise NV
MTLS
$ 5.03 0.2 % $ 392 K belgiumBelgium
E2open Parent Holdings E2open Parent Holdings
ETWO
- - $ 1.02 B usaUSA
Everbridge Everbridge
EVBG
- - $ 1.42 B usaUSA
Evolving Systems Evolving Systems
EVOL
- -8.47 % $ 13.9 M usaUSA
EVO Payments EVO Payments
EVOP
- - $ 1.77 B usaUSA
Avalara Avalara
AVLR
- - $ 8.28 B usaUSA
Aware Aware
AWRE
$ 1.16 -0.85 % $ 24.6 M usaUSA
Cloudera, Inc. Cloudera, Inc.
CLDR
- 0.06 % $ 4.74 B canadaCanada
Datadog Datadog
DDOG
$ 101.92 -6.48 % $ 35.4 B usaUSA
Absolute Software Corporation Absolute Software Corporation
ABST
- - $ 811 M canadaCanada
Progress Software Corporation Progress Software Corporation
PRGS
$ 26.77 -2.37 % $ 1.15 B usaUSA
Bottomline Technologies (de), Inc. Bottomline Technologies (de), Inc.
EPAY
- - $ 2.56 B usaUSA