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Mar 31

ANSYS Q1 2025 Earnings Report

Ansys reported steady revenue and margin growth in Q1 2025 with strong cash flow and profitability metrics.

Key Takeaways

Ansys delivered solid Q1 2025 results, achieving $504.9M in revenue and a significant increase in both GAAP and non-GAAP EPS, while operating cash flow and margins remained robust.

Revenue reached $504.9 million, up 8.2% YoY

GAAP EPS rose to $0.59 and non-GAAP EPS to $1.64

Net income grew to $51.9 million, up from $34.8 million last year

Operating cash flow was a strong $398.9 million, with a non-GAAP operating margin of 33.5%

Total Revenue
$505M
Previous year: $467M
+8.2%
EPS
$1.64
Previous year: $1.39
+18.0%
Annual Contract Value
$410M
Previous year: $407M
+0.7%
Operating Cash Flow
$399M
Previous year: $283M
+41.1%
Unlevered Op. Cash Flow
$407M
Previous year: $293M
+39.1%
Gross Profit
$432M
Previous year: $398M
+8.6%
Cash and Equivalents
$1.83B
Previous year: $1.07B
+70.8%
Free Cash Flow
$407M
Previous year: $272M
+49.5%
Total Assets
$7.98B
Previous year: $7.15B
+11.6%

ANSYS

ANSYS

ANSYS Revenue by Segment

ANSYS Revenue by Geographic Location

Forward Guidance

Ansys did not provide specific quarterly or annual guidance due to the pending acquisition by Synopsys, but reiterated expectations for double-digit ACV growth in FY 2025.

Positive Outlook

  • Q1 results met company expectations
  • Double-digit ACV growth expected for FY 2025
  • Strong regulatory clearance progress for Synopsys deal
  • High operating cash flow shows financial strength
  • Solid profitability with improving margins

Challenges Ahead

  • Guidance suspended due to pending acquisition
  • Potential disruption from acquisition process
  • Uncertainty in timing of transaction closure
  • Macroeconomic risks including inflation and FX volatility
  • Geopolitical risks may impact global operations

Revenue & Expenses

Visualization of income flow from segment revenue to net income