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ALTAIR ENGINEERING INC.

CIK: 1701732 SIC: 7372
$665.79M
Revenue
$14.18M
Net Income
81.25%
Gross Margin
2.66%
Op. Margin
$307.69M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 7 of 22 quarterly reports available
Breakdown Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
+ Total Revenue $192.63M $151.45M $148.79M $172.91M $171.50M $134.00M $141.16M
Revenue Growth % (YoY) 12.3% 13.0% 5.4% nan% nan% nan% nan%
Cost of Revenue $33.38M $30.02M $30.52M $30.89M $29.17M $29.09M $30.80M
+ Gross Profit $159.25M $121.44M $118.28M $142.02M $142.33M $104.92M $110.36M
Gross Margin % 82.7% 80.2% 79.5% 82.1% 83.0% 78.3% 78.2%
Operating Expenses $148.29M $125.75M $128.18M $121.08M $119.74M $116.18M $126.63M
Research & Development $57.15M $56.11M $55.57M $52.33M $52.52M $51.60M $55.28M
+ Operating Income $10.96M $-4.31M $-9.90M $20.93M $22.59M $-11.26M $-16.27M
Operating Margin % 5.7% -2.8% -6.7% 12.1% 13.2% -8.4% -11.5%
Interest Expense $1.34M $1.32M $1.60M $1.58M $1.53M $1.53M $1.53M
Other Income/Expense $316.00K $10.76M $5.75M $3.96M $8.79M $1.89M $4.20M
Income Before Tax $9.94M $5.13M $-5.76M $23.32M $29.85M $-10.90M $-13.60M
Income Tax Expense $8.95M $3.35M $-610.00K $6.77M $10.18M $-6.54M $8.68M
+ Net Income $996.00K $1.78M $-5.15M $16.55M $19.68M $-4.36M $-22.28M
Net Margin % 0.5% 1.2% -3.5% 9.6% 11.5% -3.3% -15.8%
Basic EPS 0.01 0.02 -0.06 0.20 0.25 -0.05 -0.28
Diluted EPS 0.01 0.02 -0.06 0.20 0.25 -0.05 -0.28
Basic Shares Outstanding 405K 84.8M 83.6M 82.6M 392K 80.4M 80.0M
Diluted Shares Outstanding 704K 88.4M 83.6M 89.8M 392K 80.4M 80.0M
Breakdown Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Cash & Cash Equivalents $561.90M $513.37M $507.01M $557.61M $467.46M $431.19M $418.34M
Accounts Receivable $173.51M $121.34M $126.56M $127.87M $190.46M $121.86M $124.26M
Other Current Assets $28.06M $31.49M $28.58M $26.03M $26.05M $26.56M $29.68M
Total Current Assets $784.98M $687.00M $679.83M $730.40M $700.62M $592.01M $586.78M
Property Plant & Equipment $41.01M $40.91M $38.46M $38.84M $39.80M $38.17M $39.11M
Goodwill $462.46M $476.21M $459.07M $454.95M $458.12M $452.82M $453.09M
Intangible Assets $72.94M $84.90M $77.54M $75.36M $83.55M $86.49M $94.64M
Other Non-current Assets $44.38M $47.33M $40.12M $40.49M $40.68M $42.33M $43.72M
Total Assets $1.45B $1.38B $1.34B $1.38B $1.36B $1.25B $1.26B
Accounts Payable $7.32M $3.61M $4.00M $6.52M $8.99M $5.16M $4.68M
Deferred Revenue $139.09M $114.53M $123.44M $120.55M $131.36M $110.84M $121.85M
Other Current Liabilities $56.06M $40.27M $41.51M $43.82M $48.40M $50.92M $66.04M
Total Current Liabilities $487.77M $210.11M $216.82M $296.75M $324.11M $296.92M $319.25M
Other Non-current Liabilities $48.02M $53.25M $47.99M $47.11M $47.15M $43.86M $42.99M
Total Liabilities $588.46M $540.97M $544.65M $616.98M $652.16M $617.87M $635.59M
Retained Earnings $-116.33M $-117.32M $-119.10M $-113.96M $-130.50M $-150.18M $-145.82M
Total Stockholders Equity $857.19M $836.90M $791.31M $762.93M $711.33M $634.12M $620.22M
Total Liabilities & Equity $1.45B $1.38B $1.34B $1.38B $1.36B $1.25B $1.26B
Breakdown Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Net Income $996.00K $13.18M $11.40M $16.55M $19.68M $-28.60M $-24.24M
Depreciation & Amortization $11.04M $31.12M $19.56M $9.62M $9.85M $29.27M $9.74M
Stock-based Compensation $16.97M $17.36M $17.36M $16.00M $19.16M $20.53M $45.90M
Change in Receivables $58.36M $-72.92M $-61.36M $-60.24M $66.37M $-47.23M $-45.08M
Change in Payables $3.29M $-5.42M $-4.38M $-1.67M $3.62M $-5.49M $-5.53M
Operating Cash Flow $37.53M $116.55M $102.01M $73.45M $21.65M $105.66M $89.23M
Capital Expenditure $4.35M $9.74M $5.00M $2.77M $2.31M $7.88M $6.18M
Acquisitions $1.50M $25.57M $13.68M - $1.00K $3.23M $721.00K
Investing Cash Flow $-5.78M $-40.35M $-19.08M $-2.76M $-2.28M $-13.57M $-8.36M
Financing Cash Flow $23.86M $-30.90M $-40.14M $22.03M $12.80M $24.97M $21.00M
Net Change in Cash $48.60M $45.86M $39.49M $90.12M $36.16M $114.46M $101.83M
SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
Description Sep 30, 2024 Sep 30, 2024
Current Prior Year Current YTD Prior Year YTD
Total Revenue $151.45M - $473.16M -
Cost of Revenue $30.02M - $91.42M -
Gross Profit $121.44M - $381.73M -
Operating Expenses $125.75M - $375.01M -
Research & Development $56.11M - $164.01M -
Operating Income $-4.31M - $6.72M -
Interest Expense $1.32M - $4.50M -
Other Income/Expense $10.76M - $20.46M -
Income Before Tax $5.13M - $22.69M -
Income Tax Expense $3.35M - $9.51M -
Net Income $1.78M $-22.28M $13.18M -
Basic EPS 0.02 - 0.16 -
Diluted EPS 0.02 - 0.15 -
Basic Shares Outstanding $84.83M - $83.68M -
Diluted Shares Outstanding $88.42M - $87.85M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2024 Dec 31, 2023
Cash & Cash Equivalents $513.37M $467.46M
Accounts Receivable $121.34M $190.46M
Other Current Assets $31.49M $26.05M
Total Current Assets $687.00M $700.62M
Property Plant & Equipment $40.91M $39.80M
Goodwill $476.21M $458.12M
Intangible Assets $84.90M $83.55M
Other Non-current Assets $47.33M $40.68M
Total Assets $1.38B $1.36B
Accounts Payable $3.61M $8.99M
Deferred Revenue $114.53M $131.36M
Other Current Liabilities $40.27M $48.40M
Total Current Liabilities $210.11M $324.11M
Other Non-current Liabilities $53.25M $47.15M
Total Liabilities $540.97M $652.16M
Retained Earnings $-117.32M $-130.50M
Total Stockholders Equity $836.90M $711.33M
Total Liabilities & Equity $1.38B $1.36B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2024 Sep 30, 2024
Current Prior Year Current YTD Prior Year YTD
Net Income $1.78M $-22.28M $13.18M -
Depreciation & Amortization $11.56M - $31.12M -
Stock-based Compensation $17.36M - $50.71M -
Change in Receivables - - $-72.92M -
Change in Payables - - $-5.42M -
Operating Cash Flow - - $116.55M -
Capital Expenditure - - $9.74M -
Acquisitions - - $25.57M -
Investing Cash Flow - - $-40.35M -
Financing Cash Flow - - $-30.90M -
Net Change in Cash - - $45.86M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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