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Sep 30, 2024
Aspen Technology Q1 2025 Earnings Report
Aspen Technology reported solid results for Q1 2025, driven by strong customer demand for products and solutions.
Key Takeaways
Aspen Technology's Q1 2025 revenue was $215.9 million, with a net loss of $60.5 million, or $0.96 per diluted share. The company saw a 9.4% year-over-year increase in ACV, reaching $941.4 million. AspenTech reaffirmed its fiscal year 2025 guidance.
ACV increased 9.4% year-over-year to $941.4 million.
Total revenue was $215.9 million, compared to $249.3 million in the first quarter of fiscal 2024.
Net loss was $60.5 million, or $0.96 per diluted share.
AspenTech announced an agreement to acquire Open Grid Systems to enhance its Digital Grid Management suite.
Aspen Technology
Aspen Technology
Aspen Technology Revenue by Segment
Forward Guidance
AspenTech reaffirmed its fiscal 2025 guidance based on information as of November 4, 2024.
Positive Outlook
- ACV growth of approximately 9.0% year-over-year
- GAAP operating cash flow of approximately $357 million
- Free cash flow of approximately $340 million
- Total bookings of approximately $1.17 billion
- Total revenue of approximately $1.19 billion
Challenges Ahead
- GAAP total expense of approximately $1.21 billion
- Non-GAAP total expense of approximately $675 million
- GAAP operating loss of approximately $24 million
- Non-GAAP operating income of approximately $514 million
- GAAP net income of approximately $52 million
- Non-GAAP net income of approximately $478 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income