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Sep 30, 2021

ANSYS Q3 2021 Earnings Report

ANSYS reported record Q3 ACV, revenue, and cash flow, initiated Q4 2021 outlook, and increased FY 2021 outlook on ACV, revenue, EPS, and cash flow.

Key Takeaways

ANSYS reported strong Q3 2021 financial results, exceeding financial guidance across all key metrics. The company saw double-digit growth, driven by its multiphysics product leadership and strong customer relationships. Ansys also acquired Zemax, expanding its solution offering.

GAAP revenue of $441.2 million and non-GAAP revenue of $445.4 million.

GAAP diluted earnings per share of $0.97 and non-GAAP diluted earnings per share of $1.59.

GAAP operating profit margin of 24.4% and non-GAAP operating profit margin of 39.7%.

Annual contract value (ACV) of $365.4 million.

Total Revenue
$445M
Previous year: $369M
+20.7%
EPS
$1.59
Previous year: $1.36
+16.9%
ACV
$365M
Previous year: $305M
+19.7%
Gross Profit
$378M
Previous year: $314M
+20.7%
Cash and Equivalents
$1.08B
Previous year: $845M
+27.9%
Total Assets
$5.97B
Previous year: $4.85B
+23.3%

ANSYS

ANSYS

Forward Guidance

The Company currently expects the following for the quarter ending December 31, 2021: