•
Dec 31, 2024
ANSYS Q4 2024 Earnings Report
ANSYS reported strong Q4 2024 results with revenue growth and improved profitability.
Key Takeaways
ANSYS delivered a solid Q4 2024, achieving a 9.6% YoY revenue increase to $882.17M and a 12.7% YoY rise in non-GAAP EPS. The company maintained a high gross margin of 91.8% and reported a 14.6% YoY ACV growth, demonstrating strong customer demand.
Revenue grew 9.6% YoY to $882.17M.
Net income increased 2.9% YoY to $282.69M.
Non-GAAP EPS rose 12.7% YoY to $4.44.
Annual Contract Value (ACV) grew 14.6% YoY to $1.09B.
ANSYS
ANSYS
Forward Guidance
ANSYS expects continued strong ACV growth and stable profitability in FY 2025, supported by robust demand for its simulation solutions.
Positive Outlook
- Expected double-digit ACV growth in FY 2025.
- Strong demand for simulation solutions driving revenue growth.
- High renewal rates supporting recurring revenue.
- Ongoing cost efficiency initiatives maintaining profitability.
- Pending acquisition by Synopsys expected to bring strategic synergies.
Challenges Ahead
- Macroeconomic uncertainty may impact customer budgets.
- Foreign exchange fluctuations could affect revenue growth.
- Regulatory approvals for the Synopsys acquisition still pending.
- Slight decline in operating margin YoY.
- Competitive pressures in the simulation software market.