
Annual report 2024
added 02-20-2025
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
Main types of financial statements Altair Engineering ALTRFinancial 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.
- Income Statement
Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability. - 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. - Cash Flow Statement
Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
- 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 | |
|---|---|---|---|---|---|
|
Agora
API
|
$ 4.5 | -0.77 % | $ 1.68 B | ||
|
Auddia
AUUD
|
$ 0.93 | -3.02 % | $ 2.39 M | ||
|
FireEye, Inc.
FEYE
|
- | -3.41 % | $ 4.13 B | ||
|
Aspen Technology
AZPN
|
- | - | $ 16.8 B | ||
|
Powerbridge Technologies Co., Ltd.
PBTS
|
- | 2.4 % | $ 115 M | ||
|
Bumble
BMBL
|
$ 3.57 | -1.38 % | $ 431 M | ||
|
BlackBerry Limited
BB
|
$ 3.87 | -1.28 % | $ 2.29 B | ||
|
BSQUARE Corporation
BSQR
|
- | 0.53 % | $ 38.6 K | ||
|
Bentley Systems, Incorporated
BSY
|
$ 39.39 | -0.18 % | $ 12.4 B | ||
|
Blackbaud
BLKB
|
$ 59.59 | -1.96 % | $ 3.01 B | ||
|
Sapiens International Corporation N.V.
SPNS
|
- | - | $ 2.43 B | ||
|
BlackLine
BL
|
$ 53.23 | -4.16 % | $ 3.31 B | ||
|
Bridgeline Digital
BLIN
|
$ 0.85 | -0.88 % | $ 8.85 M | ||
|
Check Point Software Technologies Ltd.
CHKP
|
$ 188.31 | 0.93 % | $ 20.8 B | ||
|
Avaya Holdings Corp.
AVYA
|
- | - | $ 3.47 M | ||
|
Net Element, Inc.
NETE
|
- | 8.63 % | $ 83.8 M | ||
|
Cadence Design Systems
CDNS
|
$ 312.31 | -3.33 % | $ 84.7 B | ||
|
American Software
AMSWA
|
- | -2.14 % | $ 369 M | ||
|
Cheetah Mobile
CMCM
|
$ 6.93 | - | $ 9.91 B | - | |
|
Citrix Systems
CTXS
|
- | - | $ 13.2 B | ||
|
A10 Networks
ATEN
|
$ 17.32 | 0.12 % | $ 1.28 B | ||
|
Avalara
AVLR
|
- | - | $ 8.28 B | ||
|
CyberArk Software Ltd.
CYBR
|
$ 460.0 | -0.15 % | $ 20.3 B | ||
|
salesforce.com
CRM
|
$ 239.25 | -0.73 % | $ 230 B | ||
|
Datadog
DDOG
|
$ 121.51 | -3.18 % | $ 40.8 B | ||
|
Proofpoint, Inc.
PFPT
|
- | - | $ 10.1 B | ||
|
Commvault Systems
CVLT
|
$ 123.92 | -1.34 % | $ 5.43 B | ||
|
Duos Technologies Group
DUOT
|
$ 10.23 | -0.82 % | $ 79.1 M | ||
|
BigCommerce Holdings
BIGC
|
- | - | $ 371 M | ||
|
Bill.com Holdings
BILL
|
$ 50.04 | -2.42 % | $ 5.18 B | ||
|
eGain Corporation
EGAN
|
$ 10.94 | -2.32 % | $ 308 M | ||
|
Black Knight
BKI
|
- | -0.02 % | $ 11.7 B | ||
|
Zix Corporation
ZIXI
|
- | 0.12 % | $ 482 M | ||
|
Diebold Nixdorf, Incorporated
DBD
|
$ 69.45 | -1.27 % | $ 2.61 B | ||
|
Box
BOX
|
$ 27.3 | -3.12 % | $ 3.94 B | ||
|
Borqs Technologies
BRQS
|
- | -23.51 % | $ 9.87 M | ||
|
DocuSign
DOCU
|
$ 62.12 | -3.7 % | $ 12.7 B | ||
|
Endava plc
DAVA
|
$ 6.99 | 5.04 % | $ 2.5 B | - | |
|
Ceridian HCM Holding
CDAY
|
- | - | $ 10.6 B | ||
|
The Descartes Systems Group Inc
DSGX
|
$ 86.13 | -2.05 % | $ 7.29 B | ||
|
Calix
CALX
|
$ 54.8 | 0.8 % | $ 3.61 B | ||
|
Everbridge
EVBG
|
- | - | $ 1.42 B | ||
|
Alteryx
AYX
|
- | - | $ 3.42 B | ||
|
EVERTEC
EVTC
|
$ 29.95 | 1.91 % | $ 1.93 B | ||
|
CDK Global
CDK
|
- | 0.06 % | $ 6.34 B | ||
|
Bit Digital
BTBT
|
$ 2.35 | -0.21 % | $ 330 M | ||
|
Future FinTech Group
FTFT
|
$ 0.7 | 4.55 % | $ 14.6 M | ||
|
CYREN Ltd.
CYRN
|
- | -18.15 % | $ 1.77 M | ||
|
Formula Systems (1985) Ltd.
FORTY
|
$ 170.0 | - | $ 1.3 B |