ANSYS, Inc. (ANSS)

Sector: Technology|Industry: Software - Application|Market Cap: $29.18B|Employees: 6.2K


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.

  1. Filings

Filing Highlights

Financial Performance

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

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG Initiatives

Market Environment