Craft

Altair

Stock Price

$110.7

2024-10-29

Market Capitalization

$9.4 B

2024-10-29

Revenue

$612.7 M

FY, 2023

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 operates through two segments: Software and Client Engineering Services. The Software segment offers a portfolio of software products, including solvers and optimization technology products, computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, IoT platform and analytics tools, and complementary software products. The Client Engineering Services segment provides client engineering services of simulation specialists, industrial designers, design engineers, materials experts, development engineers, manufacturing engineers, data scientists, and information technology specialists. The company serves aerospace and defense, automotive, electronics, energy, healthcare, technology, rail, marine, consumer goods, and other industries.
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

Partner Products

150

FY, 2022

Billings

$124.4M
1.2%

Q3, 2023

Enterprise Customers

13K
8.3%

FY, 2022

LocationsView all

74 locations detected

  • Troy, MI HQ

    United States

    1820 E. Big Beaver Road

  • Berkeley, CA

    United States

    2100 Shattuck Ave

  • 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

and 68 others

Altair Financials

Summary Financials

Net income (Q3, 2024)
($5.1M)
Cash (Q3, 2024)
$513.4M
Enterprise value
$8.9B

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