ANSYS, Inc.

ANSS
Sector

Technology

Industry

Software - Application

Market Cap

$29.18B

Employees

6.2K

Company Overview

ANSYS, Inc. develops and globally markets engineering simulation software and services used by engineers, designers, researchers, and students across a broad spectrum of industries and academia. The company's core business model revolves around providing open and flexible solutions that enable users to analyze designs on-premises and/or via the cloud, offering a common platform for product development. ANSYS distributes its technologies through direct sales offices and a global network of independent resellers and distributors.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Total revenue reached $2.27 billion, a 9.9% increase from the previous year, with subscription lease licenses and maintenance revenue being key contributors. The company experienced growth in these areas, indicating a strong demand for their simulation software and related services.

Operating income rose to $626.1 million, a 5.6% increase, but would have been higher without the adverse impact of fluctuations in the U.S. dollar. This indicates that while the core business is performing well, external factors are affecting profitability.

Net income decreased to $500.4 million, a 4.3% decrease from the previous year. This decrease was driven by an increase in income tax provision. This suggests that the company's profitability is being affected by external factors.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights