Ansys Q1 Revenue Down 42% to $467M with $35M Profit

PITTSBURGH, PA, May 2, 2024 – Ansys announced financial results for the first quarter of 2024. Revenue for the fourth quarter of 2023 was $466.6M, 42% down compared to $805.1M for the fourth quarter of 2023. GAAP net income was $34.7M.

Comparative analysis based on Ansys’s financial results in the last 12 quarters (Result source Ansys website)

Comparative analysis based on Ansys’s financial results in the last 12 quarters (Result source Ansys website)

A complete chart of the financial results is available here.

About Ansys

When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. Founded in 1970, Ansys is headquartered south of Pittsburgh, PA, USA. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.

Visit www.ansys.com for more information.