ANSYS

ANSYS, Inc. engages in the development and marketing of engineering simulation software and services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa, and Asia-Pacific. The firm's solutions include automotive, aerospace and defense, construction, energy, materials and chemical processing, autonomous engineering, and electrification. The company was founded by John A. Swanson in 1970 and is headquartered in Canonsburg, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ANSYS surpasses Q4 targets, eyes sustainable growth and innovation

ANSYS' exceptional Q4 performance and achievement of long-term financial goals underscore its market strength and growth potential.
While facing challenges like revenue recognition volatility and margin impact from acquisitions, the company's strategic focus and strong fundamentals position it well for the future.
Opportunities in diverse industries, sustainability initiatives, and technological advancements offer ANSYS avenues for continued innovation and market leadership.
With robust guidance for 2023 and a focus on solving complex problems, ANSYS is poised for sustained growth, supported by strong operating leverage and disciplined investments.

ANSYS exceeds Q1 expectations, raises guidance amidst market uncertainties

ANSYS reported outstanding Q1 results, surpassing expectations and raising full-year guidance. The company's strengths lie in diversified revenue growth, strategic partnerships, and a focus on innovation. While facing challenges related to macroeconomic uncertainties, ANSYS is well-positioned to leverage opportunities in high-performance computing, AI/ML technologies, and domain-specific applications.

ANSYS surpasses Q2 expectations, focuses on sustainability and partnerships

ANSYS reported outstanding Q2 results, exceeding expectations and raising full-year guidance. The company's emphasis on sustainability, strong partnerships, and recognition for environmental efforts position it well for continued growth. Challenges include uncertainties in the tech ecosystem impact and revenue recognition anomalies.

ANSYS overcomes China hurdles, raises guidance, eyes sustainable growth

ANSYS navigated China challenges to deliver a strong quarter, showcasing resilience and growth in key industries. The company's focus on sustainability, innovation, and global demand positions it well for future success. Despite short-term hurdles, ANSYS remains optimistic about overcoming challenges and achieving long-term growth targets.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ANSYS, Inc. engages in the development and marketing of engineering simulation software and services. The firm's solutions include automotive, aerospace and defense, construction, energy, materials and chemical processing, autonomous engineering, and electrification. The company was founded by John A. Swanson in 1970 and is headquartered in Canonsburg, PA.

/ Q2 2024 Results Revenue of $594.1 million GAAP diluted earnings per share of $1.48 and non-GAAP diluted earnings per share of $2.50 GAAP operating profit margin of 26.5% and non-GAAP operating profit margin of 44.9% Operating cash flows of $80.7 million and unlevered operating cash flows of $90.7 million Annual contract value (ACV) of $520.5 million Deferred revenue and backlog of $1,394.0 million on June 30, 2024       PITTSBURGH, July 31, 2024 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ: ANSS), today reported second quarter 2024 revenue of $594.1 million, an increase of 20% and 22% in reported and constant currency, respectively, when compared to the second quarter of 2023. For the second quarter of 2024, the Company reported diluted earnings per share of $1.48 and $2.50 on a GAAP and non-GAAP basis, respectively, compared to $0.80 and $1.60 on a GAAP and non-GAAP basis, respectively, for the second quarter of 2023.

Ansys Announces Q2 Financial Results

ANSYS' (ANSS) Q2 performance is likely to have been gained from favorable demand for its simulation solutions across various verticals, including automotive, aerospace and high-tech.

Factors to Note Ahead of ANSYS' (ANSS) Q2 Earnings Release

Apple

Amazon

Boeing

ProShares Ultra Nasdaq Biotechnology

F5 Networks

Alphabet

Hershey

IDEX

Intel

McDonald's

Microsoft

Smurfit WestRock PLC

Tesla

All eyes will remain on big tech this week with Microsoft, Amazon, Meta, and Apple set to report for Q2. Outlier earnings this week include - McDonald's & Boeing. During this second peak week of the Q2 season, nearly 2,500 companies are set to report.

Will The Next Batch Of Tech Earnings Encourage Investors To Rotate Back In?

Latest release fuels collaboration and digital transformation by connecting workflows, integrating AI, and optimizing complex design tasks / Key Highlights Unified Ansys technology reduces the need for engineers to connect multiple, disparate software technologies, streamlining the product design process by providing advanced multiphysics simulation insights The latest release introduces two new products — Ansys TwinAI™ software for enhancing simulation with artificial intelligence (AI) for accurate, evolving digital twins and Ansys HFSS-IC™ solver for deep electromagnetic analysis of integrated circuits (IC) PITTSBURGH , July 23, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) 2024 R2 redefines the boundaries of product design by enabling customers to move beyond the limits of single-physics simulation to gain multidimensional insight into the performance of today's complex products. R2 enhancements focused on accelerating run times, scaling capacity, enabling digital transformation, and providing hardware flexibility are making Ansys multiphysics simulations more accessible and powerful than ever before.

Ansys 2024 R2 Delivers Multiphysics Innovation Across Industries and Engineering Domains

ANSYS, Inc. ANSS recently strengthened its collaboration with NVIDIA and Supermicro to offer Turnkey hardware solutions that dramatically enhance Ansys Multiphysics simulation capabilities. This partnership focuses on customizing hardware for Ansys' simulation software, resulting in remarkable speed enhancements of up to 1,600 times in computational tasks.

Ansys (ANSS), NVIDIA, Super Micro Team Up to Enhance Simulation

PITTSBURGH , July 18, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its second quarter earnings on Wednesday, July 31, 2024, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance.

Ansys to Release Second Quarter 2024 Earnings on July 31, 2024

Collaboration optimizes Ansys solutions and AI capabilities, boosts simulation speeds up to 1,600x / Key Highlights Turnkey hardware optimized for Ansys multiphysics simulation provides flexible configurations through collaborations with Supermicro and NVIDIA Supercharged simulation reduces time-to-market and facilitates rich design exploration for automotive crash testing and external aerodynamics, aerospace gas turbine engines, 5G/6G antennas, biopharmaceutical development, and more Ansys' open ecosystem streamlines integration of diverse technologies within its multiphysics platform PITTSBURGH, Pa. , July 18, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) is collaborating with Supermicro and NVIDIA to deliver turnkey hardware, enabling unmatched acceleration for Ansys multiphysics simulation solutions.

Ansys Works with Supermicro and NVIDIA to Deliver Unmatched Multiphysics Simulation with Turnkey Hardware

ANSYS, Inc. ANSS recently announced that Ansys System Tool Kit (STK), a top-tier software for digital mission engineering and systems analysis, is now accessible in the AWS Marketplace. Ansys STK is a comprehensive tool for modeling, analyzing and visualizing aerospace and defense systems in their operational environments.

Ansys (ANSS) Offers Seamless STK Access to AWS Customers

/ Key Highlights Ansys STK™ is now available in AWS Marketplace for use in the AWS GovCloud (US) Region Together, the Ansys solution and platform meet strict government standards for security and compliance, protect data, and remove geographical barriers to support fast and scalable deployment for critical government tasks PITTSBURGH , July 9, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) announced today that Ansys System Tool Kit (STK), an industry-leading software for digital mission engineering and systems analysis, is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). With the availability of Ansys STK in AWS Marketplace for use in the AWS GovCloud (US) Region, US-based customers can procure necessary software and automate machine provisioning without the stress and expense of managing on-premises resources.

Ansys Launches STK Availability in AWS Marketplace

Ansys STK is now available to US Government Customers in ICMP PITTSBURGH , July 9, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) a global leader in engineering simulation software solutions, today announced that it is listing Ansys STK™ in the AWS Marketplace for the US Intelligence Community (ICMP). ICMP is a curated digital catalog from Amazon Web Services (AWS) that makes it easy to discover, purchase, and deploy software packages and applications from vendors that specialize in supporting government customers.

Ansys Listed in AWS "ICMP" for the US Federal Government

Certification of Ansys power integrity platforms includes revolutionary new technology for power distribution on advanced chips  / Key Highlights Ansys RedHawk-SC™ and Ansys Totem™ power integrity platforms are certified for Samsung's SF2Z manufacturing technology Ansys solutions enable early adopters to reliably design leading-edge semiconductor products for high-performance computing (HPC), smartphones, artificial intelligence (AI), data center communication, and graphics processors PITTSBURGH , June 26, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) power integrity solutions have been certified by Samsung Foundry for use with Samsung's new SF2Z 2nm gate-all-around manufacturing technology. SF2Z includes advanced technology that moves the power distribution network to the backside of the chip — saving space, lowering costs, and improving performance.

Ansys Multiphysics Signoff Solutions Certified for Samsung's 2nm Power Backside Delivery Technology

Ansys is developing thermal management technology for the Intel 18A silicon process to enable HPC, graphics, and AI products supporting U.S. national security applications / Key Highlights Ansys joins the Intel Foundry Accelerator United States Military, Aerospace, and Government (USMAG) Alliance to deliver secure design methodologies and flows for U.S. security applications Ansys deepens its technical collaboration with Intel Foundry – enhancing Ansys Redhawk-SC™ to deliver a comprehensive thermal management flow for the Intel 18A advanced process technology to enable reliable, high-performance chip design   PITTSBURGH , June 24, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced it is joining the Intel Foundry Accelerator USMAG Alliance to support the design of secure and efficient chips for national security and government applications. Through this alliance, Ansys' semiconductor simulation tools will be optimized to deliver secure design methodologies and workflows to meet the requirements of Intel Foundry's process design kits (PDKs) — essential to fully achieve the requirements of military, aerospace, and government applications.

Ansys Joins Intel Foundry's United States Military, Aerospace, and Government (USMAG) Alliance

Ansys (ANSS) introduces a SaaS-based Ansys ConceptEV solution to fuel the development and design of electric vehicle powertrain systems.

Ansys (ANSS) Unveils ConceptEV Platform to Advance EV Designs

Ansys (ANSS) will be combining its capabilities with NVIDIA's Omniverse to boost the designing of 3D integrated circuits.

Ansys (ANSS) Uses NVIDIA Omniverse Platform for 3D-IC Designs

ConceptEV optimizes the development of electric vehicle powertrains for improved driving range and battery charge times / Key Highlights Ansys ConceptEV™ , a software-as-a-service (SaaS) solution tailor-made for the automotive concept design stage, delivers simultaneous optimization of electric vehicle (EV) powertrain architectures and components including the battery, inverter, motor, and transmission The solution complements existing simulation workflows, empowering system and component design engineering teams to collaborate on a shared system model connected to requirements PITTSBURGH , June 20, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced the availability of a new SaaS cloud-native offering, Ansys ConceptEV. The solution enables component and system engineers to work together on EV powertrain concept designs through a model-based approach — facilitating early design decisions for improved EV driving range and battery charge times, lower development costs, and faster time-to-market.

Ansys Debuts ConceptEV to Boost Electric Vehicle Drive Range

Ansys to demonstrate 3D multiphysics visualization of electromagnetic and thermal effects in semiconductor packages at Design Automation Conference  / Key Highlights Existing Ansys capabilities with NVIDIA Omniverse platform supercharge 3D integrated circuit (3D-IC) design by enabling designers to optimize semiconductor chips within the context of a system-on-a-chip By transforming data into meaningful visual insights, the Ansys multiphysics platform empowers IC designers to interact with models of electromagnetic fields and thermal effects for faster diagnostics and optimization PITTSBURGH, June 19, 2024 /PRNewswire/ -- Ansys  (NASDAQ: ANSS) today announced that it is adopting NVIDIA Omniverse  application programming interfaces (APIs) to offer 3D-IC designers valuable insights from Ansys' physics solver results through real-time visualization. Ansys is ushering in the next generation of semiconductor system design to improve outcomes in applications including 5G/6G, Internet of Things (IoT), artificial intelligence (AI)/machine learning (ML), cloud computing, and autonomous vehicles.

Ansys Enables 3D Multiphysics Visualization of Next-Generation 3D-IC Designs with NVIDIA Omniverse

Ansys (ANSS) reported earnings 30 days ago. What's next for the stock?

Ansys (ANSS) Up 1.7% Since Last Earnings Report: Can It Continue?

The expanded collaboration between Ansys and Microsoft delivers Ansys products optimized for high-performance computing to customers for flexible control over cost and deployment / Key Highlights Starting May 30, customers can deploy Ansys Access on Microsoft Azure via Azure Marketplace, which supports a growing list of pre-configured Ansys applications optimized for high performance computing (HPC) on Azure infrastructure The collaboration provides a cost-effective, secure, and flexible way for customers to achieve rapid simulation-driven insights and reduce time to market across industries including automotive, semiconductors and more PITTSBURGH , May 29, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced the launch of Ansys Access on Microsoft Azure to enable seamless deployment of pre-configured Ansys products on Azure cloud platform infrastructure. Available May 30, customers using their own Azure subscription with existing Ansys licenses can benefit from a more scalable, secure, and cost-effective approach to running HPC simulations in the cloud.

Ansys Launches Ansys Access on Microsoft Azure

Ansys (ANSS) is set to get acquired by Synopsys in the first half of 2025 for approximately $35 billion.

Ansys (ANSS) Shareholders Approve Acquisition by Synopsys

Synopsys

Represents Key Milestone Toward Completion of Transaction with Synopsys PITTSBURGH , May 22, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced that at the special meeting of stockholders (the "Special Meeting") held earlier today, its stockholders voted to approve the proposed acquisition of Ansys by Synopsys, Inc. (NASDAQ: SNPS). Under the terms of the merger agreement, Ansys stockholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock for each Ansys share they own, representing an enterprise value of approximately $35 billion based on the closing price of Synopsys common stock on December 21, 2023.

Ansys Stockholders Approve Transaction with Synopsys

The chip software maker disclosed in a regulatory filing that China's State Administration for Market Regulation took the position that Synopsys must have the tie-up cleared by regulators before it can go forward.

Chinese Regulator Flags Synopsys Acquisition of Ansys

Collaboration enables accelerated material s  discovery to optimize product development / Key Highlights Ansys and Schrödinger are collaborating to develop an integrated computational materials engineering (ICME) approach to product development that infuses virtual materials discovery into the early stages of design The predictive accuracy of Ansys multiphysics solutions combined with Schrödinger's materials solutions help engineers identify suitable materials for their designs before manufacturing begins PITTSBURGH , May 7, 2024 /PRNewswire/ -- Ansys  (NASDAQ: ANSS) and Schrödinger are collaborating to deliver an ICME approach that bridges the gap between materials discovery and product development. Together, Ansys and Schrödinger will accelerate the discovery of new materials by using a multiscale framework, leading to more optimized materials, components, and manufacturing workflows for customers.

Ansys' Collaboration with Schrödinger will Accelerate Materials Development with Unprecedented Multiscale Simulation

ANSYS' (ANSS) first-quarter sales register a year-over-year decline of 8%. Management continues to expect the deal with Synopsys to close in the first half of 2025.

ANSYS (ANSS) Q1 Earnings & Revenues Miss Estimates, Fall Y/Y

/ Q1 2024 Results Revenue of $466.6 million GAAP diluted earnings per share of $0.40 and non-GAAP diluted earnings per share of $1.39 GAAP operating profit margin of 9.3% and non-GAAP operating profit margin of 32.2% Operating cash flows of $282.8 million and unlevered operating cash flows of $292.7 million Annual Contract Value (ACV) of $407.4 million Deferred revenue and backlog of $1,369.5 million on March 31, 2024       PITTSBURGH, May 01, 2024 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ: ANSS), today reported first quarter 2024 revenue of $466.6 million, a decrease of 8% in reported and constant currency, when compared to the first quarter of 2023. For the first quarter of 2024, the Company reported diluted earnings per share of $0.40 and $1.39 on a GAAP and non-GAAP basis, respectively, compared to $1.15 and $1.85 on a GAAP and non-GAAP basis, respectively, for the first quarter of 2023.

Ansys Announces Q1 Financial Results

Ansys multiphysics platforms support TSMC's latest silicon technologies, enabling advanced semiconductor vendors to create faster, lower power designs / Key Highlights Ansys RedHawk-SC™ and Ansys Totem™ power integrity platforms are certified for TSMC's latest N2 nanosheet-based process technology  Ansys RaptorX™ solution for on-chip electromagnetic modeling is certified for TSMC's N5 process PITTSBURGH , April 30, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced the certification of its power integrity platforms for TSMC's N2 technology full production release. Both Ansys RedHawk-SC and Ansys Totem are certified for power integrity signoff on the N2 process, delivering significant speed and power advantages for high performance computing, mobile chips, and 3D-IC designs.

News for ANSYS Stock (ANSS)