Craft

Altair Engineering

Revenue

$665.8 M

FY, 2024

Altair Engineering Summary

Company Summary

Overview
Altair Engineering is a technology company that provides computational intelligence and enterprise software solutions. Its products include HPCWorks, a high-performance computing (HPC) and cloud platform for data-driven planning and analytics; HyperWorks, a design and simulation tool for structures, motion, fluids, thermal, electromagnetics, electronics, controls, and embedded systems; RapidMiner, a system for data analytics, AI-driven automation, etc. The company offers AI and data analytics consulting, outsourcing, industrial design, engineering, and staffing services. Altair Engineering caters to aerospace, defense, automotive, consumer goods, marine, and other sectors.
Type
Subsidiary
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

  • Srikanth Mahalingam

    Srikanth Mahalingam, Chief Technology Officer

  • Ravi Kunju

    Ravi Kunju, Chief Product and Strategy Officer

  • Nelson Dias

    Nelson Dias, Chief Revenue Officer

  • Raoul Maitra

    Raoul Maitra, Chief Legal Officer

Operating MetricsView all

Partner Products

150

FY, 2022

Billings

$124.4M
1.2%

Q3, 2023

Enterprise Customers

13K
8.3%

FY, 2022

LocationsView all

73 locations detected

  • Troy, MI HQ

    United States

    1820 E. Big Beaver Road

  • Bothell, WA

    United States

    19125 N Creek Pkwy #120

  • Cedar Park, TX

    United States

    1500 Arrow Point Dr Suite 707

  • Chelmsford, MA

    United States

    300 Apollo Dr

  • Dallas, TX

    United States

    12700 Park Central Dr Suite 1915

  • Greensboro, NC

    United States

    101 S Elm St #200

and 67 others

Altair Engineering Financials

Summary Financials

Revenue (FY, 2024)
$665.8M
Gross profit (FY, 2024)
$541.0M
Net income (FY, 2024)
$14.2M
Cash (FY, 2024)
$561.9M
EBIT (FY, 2024)
$17.7M

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