Craft

Altair

Stock Price

$85.2

2024-01-26

Market Capitalization

$7 B

2024-01-26

Revenue

$572.2 M

FY, 2022

Altair Summary

Company Summary

Overview
Altair Engineering is a technology company that provides software and cloud services in the areas of product design and development, high-performance computing, data analytics, and AI. It offers modeling, visualization, and physics solver solutions for engineering disciplines, simulation software for manufacturing companies, artificial intelligence technology for data preparation, data science, management solutions, as well as high-performance and cloud computing workflow tools. The company serves universities, government agencies, manufacturers, pharmaceutical firms, weather prediction agencies as well as electronics design companies and banking, financial services, and insurance (BFSI) organizations.
Type
Public
Status
Active
Founded
1985
HQ
Troy, MI, US | view all locations
Website
https://www.altair.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • James R. Scapa

    James R. Scapa, Founder, Chairman, and Chief Executive Officer

  • Matthew Brown

    Matthew Brown, Chief Financial Officer

  • Srikanth Mahalingam

    Srikanth Mahalingam, Chief Technology Officer

  • Stephanie Buckner

    Stephanie Buckner, Chief Operating Officer

Operating MetricsView all

Billings

$147.8M
17.8%

Q2, 2023

Partner Products

150

FY, 2022

Enterprise Customers

13K
8.3%

FY, 2022

LocationsView all

67 locations detected

  • Troy, MI HQ

    United States

    1820 E Big Beaver Rd

  • Austin, TX

    United States

    7800 Shoal Creek Blvd 200N

  • Berkeley, CA

    United States

    2100 Shattuck Ave

  • Chelmsford, MA

    United States

    300 Apollo Dr

  • Dallas, TX

    United States

    12700 Park Central Dr Suite 1915

  • Glendale, WI

    United States

    5150 N Port Washington Rd #101

and 61 others

Altair Financials

Summary Financials

Revenue (Q3, 2023)
$134.0M
Gross profit (Q3, 2023)
$104.9M
Net income (Q3, 2023)
($4.4M)
Cash (Q3, 2023)
$431.2M
EBIT (Q3, 2023)
($11.3M)
Enterprise value
$6.6B

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