Altair Engineering Inc. (ALTR) — Financial statements
Income statement, balance sheet, and cash flow for Altair Engineering Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 666↑8.7% | 613↑7.1% | 572↑7.5% | 532↑13.2% | 470 | |
| Cost of Revenue | 125↑2.5% | 122↓0.9% | 123↓5.2% | 130↑6.9% | 121 | |
| Gross Profit | 541↑10.2% | 491↑9.3% | 449↑11.6% | 403↑15.5% | 349 | |
| Operating Expenses | ||||||
| R&D Expenses | 221↑4.0% | 213↑14.4% | 186↑23.0% | 151↑19.8% | 126 | |
| General & Administrative Expenses | 90↑27.2% | 71↓27.4% | 98↑6.7% | 92↑5.9% | 86 | |
| Selling & Marketing Expenses | 184↑4.6% | 176↑13.5% | 155↑16.9% | 133↑19.1% | 111 | |
| SG&A Expenses | 274↑11.1% | 247↓2.3% | 253↑12.8% | 224↑13.3% | 198 | |
| Other Expenses | 28↓10.6% | 31↑76.6% | 18↑18.0% | 15↑14.9% | 13 | |
| Operating Expenses | 523↑6.7% | 491↑7.5% | 456↑16.9% | 390↑15.8% | 337 | |
| Total Costs & Expenses | 648↑5.8% | 612↑5.7% | 579↑11.4% | 520↑13.5% | 458 | |
| Operating Results | ||||||
| Operating Income | 18↑7177.8% | 0.24↑101.0% | -24↓293.2% | 12↑5.3% | 12 | |
| Depreciation & Amortization | 42↑7.8% | 39↑10.2% | 36↑38.4% | 26↑7.7% | 24 | |
| EBITDA | 81↑39.4% | 58↑395.9% | 12↓69.3% | 38↑6.9% | 36 | |
| EBIT | 38↑105.3% | 19↑178.6% | -24↓293.2% | 12↑5.3% | 12 | |
| Interest & Other Income | ||||||
| Net Interest Income | 17↑59.8% | 11↑4395.6% | -0.25↑97.8% | -12↑0.6% | -12 | |
| Interest Income | 23↑36.4% | 17↑308.4% | 4↑662.8% | 0.54 | 0.00 | |
| Interest Expense | 6↓4.6% | 6↑39.7% | 4↓63.7% | 12↑4.0% | 12 | |
| Non-Operating Income | -21↓12.4% | -18↓233.2% | 14 | 0.00 | 0.00 | |
| Other Income / Expenses | 15↑20.8% | 12↑167.8% | -18↓44.6% | -13↓30.4% | -10 | |
| Income Before Tax | 33↑158.6% | 13↑144.7% | -28↓9696.2% | -0.29↓114.2% | 2 | |
| Income Tax Expense | 18↓14.3% | 22↑41.6% | 15↑78.9% | 9↓32.1% | 13 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 14↑258.8% | -9↑79.4% | -43↓393.8% | -9↑16.2% | -11 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 14↑258.8% | -9↑79.4% | -43↓393.8% | -9↑16.2% | -11 | |
| Bottom-Line Net Income | 14↑258.8% | -9↑79.4% | -43↓393.8% | -9↑16.2% | -11 | |
| EPS (Basic) | 0.17↑254.5% | -0.11↑80.0% | -0.55↓358.3% | -0.12↑14.3% | -0.14 | |
| EPS (Diluted) | 0.17↑254.5% | -0.11↑80.0% | -0.55↓358.3% | -0.12↑14.3% | -0.14 | |
| Weighted Average Shares | 84↑4.3% | 81↑1.4% | 79↑4.3% | 76↑4.0% | 73 | |
| Weighted Average Diluted Shares | 84↑4.3% | 81↑1.4% | 79↑4.3% | 76↑4.0% | 73 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.