Altair Engineering is a technology company providing software and cloud solutions in the areas of product design and development, high-performance computing, and data analytics. It offers modeling, visualization, and physics solver solutions for a variety of engineering disciplines, simulation software for manufacturing companies, data analytics technology for data preparation, management, and analysis, as well as high-performance and cloud computing workflow tools. The company serves universities, government agencies, manufacturers, pharmaceutical firms, weather prediction agencies, and electronics design companies, and financial services organizations, such as banks and credit unions.
Type | Public | |
Founded | 1985 | |
HQ | Troy, MI, US | Map |
Website | altair.com | |
Employee Ratings | More | |
Overall Culture | A- | More |
USD | |
---|---|
Revenue (FY, 2020) | 469.9m |
Gross profit (FY, 2020) | 348.6m |
Gross profit margin (FY, 2020), % | 74.2% |
Net income (FY, 2020) | (10.5m) |
EBIT (FY, 2020) | 11.7m |
Market capitalization (26-Feb-2021) | 4.5b |
Closing stock price (26-Feb-2021) | 61.6 |
Cash (31-Dec-2020) | 241.2m |
EV | 4.5b |
USD | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | 84.9m | 91.7m | 95.6m | 93.9m | 127.9m | 106.8m | 100.4m | 131.5m | 98.6m | 106.5m |
Cost of goods sold | 26.3m | 29.0m | 29.5m | 27.2m | 32.9m | 31.0m | 31.7m | 34.5m | 25.1m | 29.0m |
Gross profit | 58.6m | 62.7m | 66.1m | 66.7m | 95.0m | 75.8m | 68.7m | 97.0m | 73.5m | 77.4m |
Gross profit Margin, % | 69% | 68% | 69% | 71% | 74% | 71% | 68% | 74% | 75% | 73% |
USD | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Cash | 16.7m | 63.2m | 199.2m | 197.4m | 39.8m | 251.8m | 246.9m | 247.1m | 250.5m | 245.4m |
Accounts Receivable | 63.5m | 83.4m | 73.8m | 69.0m | 88.4m | 85.8m | 84.1m | 87.7m | 79.2m | 88.5m |
Prepaid Expenses | 10.5m | 13.1m | 13.3m | 12.1m | 16.0m | 18.3m | 18.4m | 16.8m | 16.5m | 18.8m |
Inventories | 1.8m | 1.1m | 1.8m | 1.2m | 3.4m |
USD | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | (39.1m) | 3.9m | 5.4m | 12.7m | 13.0m | 9.9m | (6.0m) | 6.0m | (4.2m) | (12.7m) |
Depreciation and Amortization | 7.9m | 3.5m | 7.5m | 10.9m | 5.2m | 10.5m | 15.8m | 5.7m | 11.3m | 16.9m |
Accounts Payable | (1.6m) | 510.0k | 335.0k | 796.0k | (1.8m) | (2.2m) | (420.0k) | (3.0m) | (3.8m) | (3.3m) |
Cash From Operating Activities | 17.5m | 26.7m | 37.3m | 40.4m | 25.3m | 31.9m | 30.0m | 28.0m | 33.4m | 27.4m |
USD | Q3, 2017 |
---|---|
Debt/Equity | -1.5 x |
Debt/Assets | 0.3 x |
Financial Leverage | -4.8 x |
Company Name | Date | Deal Size |
---|---|---|
Wrap International (WRAP Software Business) | May 07, 2020 | |
newFASANT | January 06, 2020 | |
EDEM Simulation | November 07, 2019 | |
Polliwog | October 10, 2019 | |
Datawatch Corporation | November 05, 2018 | |
SIMSOLID | October 17, 2018 | |
FluiDyna | May 10, 2018 | |
Candi Controls | May 03, 2018 | |
Runtime Design Automation | September 28, 2017 | |
Altair Engineering Finland Oy | September 14, 2017 |
Altair Engineering revenue breakdown by business segment: 87.4% from Software, 10.7% from Client Engineering Services and 1.9% from Other
Altair Engineering revenue breakdown by geographic segment: 15.4% from Other Countries (Asia Pacific), 8.2% from Japan, 10.7% from Other countries (EMEA), 10.9% from Germany, 47.7% from United States and 7.0% from Other
Altair Engineering has 6.16k Twitter Followers. The number of followers has increased 0.5% month over month and increased 0.9% quarter over quarter
4k
Tweets
500
Following
6.2k
Followers
45
Tweets last 30 days
3.2
Avg. likes per Tweet
97.8%
Tweets with engagement
A-
79/100
A+
100/100
B
73/100
B
75/100
When was Altair Engineering founded?
Altair Engineering was founded in 1985.
Who are Altair Engineering key executives?
Altair Engineering's key executives are James R. Scapa, Howard Morof and James Dagg.
How many employees does Altair Engineering have?
Altair Engineering has 2,950 employees.
What is Altair Engineering revenue?
Latest Altair Engineering annual revenue is $469.9 m.
What is Altair Engineering revenue per employee?
Latest Altair Engineering revenue per employee is $159.3 k.
Who are Altair Engineering competitors?
Competitors of Altair Engineering include ESI Group, Alteryx and Ansys.
Where is Altair Engineering headquarters?
Altair Engineering headquarters is located at 1820 E Big Beaver Rd, Troy.
Where are Altair Engineering offices?
Altair Engineering has offices in Troy, Austin, Berkeley, Bothell and in 64 other locations.
How many offices does Altair Engineering have?
Altair Engineering has 69 offices.
Receive alerts for 300+ data fields across thousands of companies