ANSYS was founded in 1970 and is headquartered in Canonsburg, US

ANSYS has an office in Canonsburg

Canonsburg, US (HQ)

2600 Ansys Dr

ANSYS's revenue was reported to be $253.4 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 253.4 m |

## Gross profit (Q1, 2017) | 216.4 m |

## Gross profit margin (Q1, 2017), % | 85% |

## Net income (Q1, 2017) | 63.3 m |

## EBIT (Q1, 2017) | 85.5 m |

## Market capitalization (17-Aug-2017) | 10.9 b |

## Cash (31-Mar-2017) | 866.2 m |

ANSYS's current market capitalization is $10.9 b.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 861.3 m | 936 m | 942.8 m | 988.5 m |

## Revenue growth, % | 9% | 1% | 5% | |

## Cost of goods sold | 146.7 m | 153.4 m | 147.2 m | 146.9 m |

## Gross profit | 714.6 m | 782.6 m | 795.5 m | 841.6 m |

## Gross profit Margin, % | 83% | 84% | 84% | 85% |

## Sales and marketing expense | 218.9 m | 246.4 m | 253.6 m | 269.5 m |

## R&D expense | 151.4 m | 165.4 m | 168.8 m | 183.1 m |

## General and administrative expense | 269.5 m | |||

## Operating expense total | 392.7 m | 435.2 m | 441.8 m | 465.4 m |

## EBIT | 321.9 m | 347.5 m | 353.7 m | 376.2 m |

## EBIT margin, % | 37% | 37% | 38% | 38% |

## Interest expense | 1.2 m | 779 k | 325 k | 221 k |

## Interest income | 2.8 m | 3 m | 2.8 m | 4.2 m |

## Pre tax profit | 322.5 m | 348.1 m | 356.8 m | 380.3 m |

## Income tax expense | 77.2 m | 93.4 m | 104.2 m | 114.7 m |

## Net Income | 245.3 m | 254.7 m | 252.5 m | 265.6 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 232.4 m | 234 m | 217.8 m | 235.5 m | 237.8 m | 225.9 m | 246.1 m | 245.9 m | 253.4 m |

## Cost of goods sold | 38.7 m | 37.2 m | 35.9 m | 37.8 m | 36.6 m | 35.3 m | 37 m | 35.6 m | 37 m |

## Gross profit | 193.7 m | 196.8 m | 181.9 m | 197.7 m | 201.3 m | 190.6 m | 209.1 m | 210.3 m | 216.4 m |

## Gross profit Margin, % | 83% | 84% | 84% | 84% | 85% | 84% | 85% | 86% | 85% |

## R&D expense | 42.1 m | 41 m | 40 m | 42.6 m | 44.8 m | 44.7 m | 47.4 m | 45.4 m | 54.4 m |

## General and administrative expense | 62.3 m | 58.2 m | 56.7 m | 63.5 m | 61.4 m | 57.8 m | 64.3 m | 61.5 m | 73.4 m |

## Operating expense total | 104.4 m | 99.2 m | 96.8 m | 106.2 m | 106.2 m | 102.4 m | 111.7 m | 107 m | 127.8 m |

## EBIT | 83.5 m | 90.8 m | 80.1 m | 86.5 m | 90.2 m | 85 m | 94.2 m | 100.1 m | 85.5 m |

## EBIT margin, % | 36% | 39% | 37% | 37% | 38% | 38% | 38% | 41% | 34% |

## Interest expense | (181 k) | (149 k) | (154 k) | (122 k) | (95 k) | (86 k) | (59 k) | (30 k) | |

## Interest income | 710 k | 655 k | 656 k | 795 k | 674 k | 950 k | 1.1 m | 1.1 m | 1.2 m |

## Pre tax profit | 83.9 m | 90.9 m | 81.3 m | 87.3 m | 90.4 m | 85.8 m | 95.5 m | 101 m | 85.6 m |

## Income tax expense | 20.8 m | 25.4 m | 25.2 m | 24.9 m | 24.3 m | 29.3 m | 25.9 m | 31.4 m | 22.3 m |

## Net Income | 63 m | 65.5 m | 56.1 m | 62.3 m | 66 m | 56.5 m | 69.6 m | 69.6 m | 63.3 m |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 742.5 m | 788.1 m | 784.2 m | 822.5 m |

## Accounts Receivable | 97.8 m | 101.2 m | 91.6 m | 107.2 m |

## Current Assets | 1.1 b | 1.1 b | 1.1 b | 1.2 b |

## PP&E | 60.5 m | 64.6 m | 61.9 m | 54.7 m |

## Goodwill | 1.3 b | 1.3 b | 1.3 b | 1.3 b |

## Total Assets | 2.7 b | 2.8 b | 2.7 b | 2.8 b |

## Accounts Payable | 7.9 m | 3.4 m | 4.9 m | 7.4 m |

## Current Liabilities | 440.4 m | 465.1 m | 484.1 m | 539.1 m |

## Non-Current Liabilities | 145.7 m | 91.5 m | 51.3 m | 53 m |

## Total Liabilities | 586.1 m | 556.6 m | 535.5 m | 592.1 m |

## Additional Paid-in Capital | 926 m | 904.8 m | 894.5 m | 883 m |

## Retained Earnings | 1.3 b | 1.5 b | 1.8 b | 2.1 b |

## Total Equity | 2.1 b | 2.2 b | 2.2 b | 2.2 b |

## Financial Leverage | 1.3 x | 1.3 x | 1.2 x | 1.3 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 782.9 m | 816.8 m | 760.4 m | 840.4 m | 776.2 m | 863.4 m | 843.4 m | 837.9 m | 866.2 m |

## Current Assets | 1.1 b | 1.1 b | 1 b | 1.1 b | 1 b | 1.1 b | 1.1 b | 1.1 b | 1.2 b |

## PP&E | 62.5 m | 65.1 m | 62.5 m | 60.7 m | 58.6 m | 60.2 m | 58.1 m | 55.6 m | 54.5 m |

## Goodwill | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b |

## Total Assets | 2.8 b | 2.8 b | 2.7 b | 2.7 b | 2.7 b | 2.8 b | 2.7 b | 2.7 b | 2.8 b |

## Accounts Payable | 4.6 m | 3.2 m | 3.7 m | 4.8 m | 3.2 m | 4.3 m | 4.2 m | 4 m | 4.8 m |

## Current Liabilities | 447 m | 407.3 m | 444.1 m | 430.3 m | 412 m | 474.8 m | 467.7 m | 454.4 m | 528.7 m |

## Non-Current Liabilities | 132.4 m | 126 m | 85.7 m | 74.4 m | 78 m | 50.1 m | 44.1 m | 46.2 m | 54.5 m |

## Additional Paid-in Capital | 917 m | 911.4 m | 891.1 m | 888.5 m | 891.9 m | 882.4 m | 884.7 m | 884.5 m | 853.5 m |

## Retained Earnings | 1.4 b | 1.5 b | 1.6 b | 1.7 b | 1.7 b | 1.8 b | 1.9 b | 2 b | 2.1 b |

## Total Equity | 2.3 b | 2.2 b | 2.2 b | 2.2 b | 2.2 b | 2.2 b | 2.2 b | 2.2 b | |

## Financial Leverage | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.3 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 245.3 m | 254.7 m | 252.5 m | 265.6 m |

## Depreciation and Amortization | 80.7 m | 81.9 m | 77.7 m | 69.6 m |

## Accounts Receivable | (3 m) | (5.6 m) | 6 m | (17.4 m) |

## Cash From Operating Activities | 333 m | 385.3 m | 367.5 m | 356.8 m |

## Capital Expenditures | (28.8 m) | (26 m) | (16.1 m) | (12.4 m) |

## Cash From Investing Activities | (33.2 m) | (129.3 m) | (62 m) | (32.2 m) |

## Long-term Borrowings | (53.1 m) | |||

## Cash From Financing Activities | (129.8 m) | (185.6 m) | (291.8 m) | (279.5 m) |

## Interest Paid | 736 k | 643 k | 620 k | 822 k |

## Income Taxes Paid | 97.7 m | 118 m | 107.2 m | 118.5 m |

## Free Cash Flow | 304.1 m | 359.3 m | 351.4 m | 344.4 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 63 m | 65.5 m | 56.1 m | 62.3 m | 66 m | 56.5 m | 69.6 m | 69.6 m | 63.3 m |

## Accounts Payable | 4.6 m | 3.2 m | 3.7 m | 4.8 m | 3.2 m | 4.3 m | 4.2 m | 4 m | 4.8 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 90.5 k |

## Financial Leverage | 1.3 x |

ANSYS's Enterprise Customers was reported to be 45 k in Q1, 2017

- Source: Company Filings Q1 FY2017

Source: 299 public H-1B filings from ANSYS

August 29, 2016

Ajei S. Gopal, who has been on the board of Ansys for more than five years, will assume the lead role in January, succeeding James E. Cashman.