Altair Engineering Inc

Common Name

Altair Engineering

Country

United States

Sector

Technology

Industry

Software - Application

Employees

3,500

Ticker

ALTR

Exchange

NASDAQ/NGS

Website

www.altair.com

Description

Altair Engineering Inc. is a diversified technology company specializing in advanced computational software for product design and engineering. With its primary focus on simulation, high-performance c... Show more

Financial Statements of Altair Engineering

Below are the financial statements of Altair Engineering, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in thousands of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	561,898^a	467,459^a
Accounts receivable, net	173,509^a	190,461^a
Income tax receivable	21,513^a	16,650^a
Prepaid expenses and other current assets	28,058^a	26,053^a
Total current assets	784,978^a	700,623^a
Assets	—	—
Property and equipment, net	41,008^a	39,803^a
Operating lease right of use assets	31,117^a	30,759^a
Goodwill	462,459^a	458,125^a
Other intangible assets, net	72,937^a	83,550^a
Deferred tax assets	8,770^a	9,955^a
Other long-term assets	44,378^a	40,678^a
Total assets	1,445,647^a	1,363,493^a
Current liabilities	—	—
Accounts payable	7,316^a	8,995^a
Accrued compensation and benefits	50,328^a	45,081^a
Current portion of operating lease liabilities	7,876^a	8,825^a
Other accrued expenses and current liabilities	56,058^a	48,398^a
Deferred revenue	139,085^a	131,356^a
Current portion of convertible senior notes, net	227,106^a	81,455^a
Total current liabilities	487,769^a	324,110^a
Liabilities and stockholders' equity	—	—
Convertible senior notes, net	0^a	225,929^a
Operating lease liabilities, net of current portion	24,141^a	22,625^a
Deferred revenue, non-current	28,531^a	32,347^a
Other long-term liabilities	48,017^a	47,151^a
Total liabilities	588,458^a	652,162^a
Stockholders' equity	—	—
Preferred stock	0^a	0^a
Common stock	—	—
Class A common stock	6^a	5^a
Class B common stock	3^a	3^a
Additional paid-in capital	1,010,789^a	864,135^a
Accumulated deficit	-116,328^a	-130,503^a
Accumulated other comprehensive loss	-37,281^a	-22,309^a
Total stockholders' equity	857,189^a	711,331^a
Total liabilities and stockholders' equity	1,445,647^a	1,363,493^a

Verified Sources Behind Altair Engineering’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Altair Engineering’s data sources below and access millions more through our Disclosure Search.

a. Altair Engineering's 10-K 2024

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Altair Engineering Inc

Financial Statements of Altair Engineering

Verified Sources Behind Altair Engineering’s Financial Fundamentals Data

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