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Financial Snapshot

Revenue
TTM
$665.8M
Gross Margin
TTM
81.12%
Net Income
TTM
$14.18M
Current Assets
2024 Q4
Current Liabilities
2024 Q4
Current Ratio
2024 Q4
160.93%
Total Assets
2024 Q4
Total Liabilities
2024 Q4
Book Value
2024 Q4
857.2M
Cash
2024 Q4
P/E
TTM
677.0
Free Cash Flow
TTM
$140.0M

Stock Price

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Market Cap: $9.5962 Billion

About Altair Engineering Inc.

Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. The company is headquartered in Troy, Michigan and currently employs 3,300 full-time employees. The company went IPO on 2017-11-01. The company provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics and artificial intelligence (AI). The company operates through two segments: Software and Client Engineering Services. Software segment includes software, software services, and software-related services. The software component of this segment includes its portfolio of software products, including its solvers and optimization technology products, HPC software applications and hardware products, modeling and visualization tools, data analytics and analysis products. Client Engineering Services segment provides client engineering services to support its customers with long-term, ongoing expertise. Its solution, FlightStream, provides computational fluid dynamics (CFD) software with a footprint in the aerospace and defense sectors. The company also offers strategic consulting and training in AI and data analytics.

Industry: Services-Prepackaged Software Peers: Asana Inc BlackLine Inc Box Inc Clear Secure Inc Clearwater Analytics Holdings Inc nCino Inc NEW RELIC, INC. RingCentral Inc Salesforce Inc Workiva Inc

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