Altair Engineering Inc.
Altair Engineering Inc. (ALTR) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Altair Engineering Inc. (ALTR), featuring income statements, balance sheets, and cash flow data.
Altair Engineering Inc. (ALTR) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Altair Engineering Inc. ALTR financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $192.63M | $151.45M | $148.79M | $172.91M |
| Cost of Revenue | $33.38M | $30.02M | $38.15M | $30.89M |
| Gross Profit | $159.25M | $121.44M | $110.65M | $142.02M |
| Gross Profit Ratio | $0.83 | $0.80 | $0.74 | $0.82 |
| R&D Expenses | $57.15M | $56.11M | $55.57M | $52.33M |
| SG&A Expenses | $83.41M | $63.06M | $65.77M | $62.20M |
| Operating Expenses | $148.29M | $125.75M | $121.34M | $121.08M |
| Total Costs & Expenses | $181.67M | $155.76M | $159.48M | $151.98M |
| Interest Income | $5.47M | $5.90M | $5.90M | $5.72M |
| Interest Expense | $1.34M | $1.32M | $1.60M | $1.58M |
| Depreciation & Amortization | -$316000.00 | $11.56M | $9.94M | $9.62M |
| EBITDA | $10.96M | $18.009M | $5.79M | $30.70M |
| EBITDA Ratio | $0.06 | $0.12 | $0.04 | $0.18 |
| Operating Income | $10.96M | -$4.31M | -$10.69M | $20.93M |
| Operating Income Ratio | $0.06 | -$0.03 | -$0.07 | $0.12 |
| Other Income/Expenses (Net) | -$1.02M | $9.44M | $4.15M | $2.38M |
| Income Before Tax | $9.94M | $5.13M | -$5.76M | $23.32M |
| Income Before Tax Ratio | $0.05 | $0.03 | -$0.04 | $0.13 |
| Income Tax Expense | $8.95M | $3.35M | -$610000.00 | $6.77M |
| Net Income | $996000.00 | $1.78M | -$5.15M | $16.55M |
| Net Income Ratio | $0.005 | $0.01 | -$0.03 | $0.10 |
| EPS | $0.01 | $0.02 | -$0.06 | $0.20 |
| Diluted EPS | $0.01 | $0.02 | -$0.06 | $0.20 |
| Weighted Avg Shares Outstanding | $85.29M | $84.83M | $83.61M | $82.59M |
| Weighted Avg Shares Outstanding (Diluted) | $85.29M | $88.42M | $83.61M | $89.81M |
Over the last four quarters, Altair Engineering Inc. achieved steady financial progress, growing revenue from $172.91M in Q1 2024 to $192.63M in Q4 2024. Gross profit stayed firm with margins at 83% in Q4 2024 versus 82% in Q1 2024. Operating income totaled $10.96M in Q4 2024, maintaining a 6% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $10.96M. Net income dropped to $996000.00, with EPS at $0.01. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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