ANSS Latest Report

Financial Performance

Ansys (ANSS) reported total operating revenue of $882,174,000 as of December 31, 2024, a 9.58% year-on-year increase from $805,108,000 as of December 31, 2023. This growth indicates good progress in the company's operations, reflecting increased market demand or successful sales strategies.

Key Financial Data

1. Ansys' total operating revenue increased from $805,108,000 in 2023 to $882,174,000 in 2024, a 9.58% year-on-year growth. This change demonstrates a significant improvement in revenue, possibly related to product sales growth, market expansion, or an increase in new customers.

2. Potential growth factors include increased market demand, new product releases, customer base expansion, and optimized sales strategies.

3. Ansys launched new products in 2024, including Discovery products, Ansys SCADE product suites, Ansys R1 2024 versions, and new technologies such as SimAI and AI+, which further boosted operating revenue.

4. Ansys performed well in customer base expansion, with a record revenue of $2269.9 million in 2023, a 10% year-on-year growth.

Industry Comparison

1. Industry-wide analysis: Overall, the engineering software industry may have experienced growth in 2024, especially with the increase in digital transformation and automation needs, resulting in a general rise in operating revenue for several companies in the industry. This trend may have provided a favorable external environment for Ansys' performance growth.

2. Peer evaluation analysis: Ansys' year-on-year growth rate of 9.58% in operating revenue may be relatively strong if other companies in the same industry did not achieve such growth during the same period, indicating its competitiveness and market position improvement.

Summary

Ansys achieved significant growth in its operating revenue in 2024, mainly driven by increased market demand, new product releases, and customer base expansion. The company's performance in the engineering software industry outperformed its peers, demonstrating its competitiveness in the market.

Opportunities

1. With the expansion of its product line and the introduction of new technologies, Ansys can further solidify its market position.

2. The overall growth of the engineering software industry provides opportunities for Ansys to increase its revenue, especially in the context of digital transformation.

3. Strengthening technical cooperation with major CAD suppliers can help improve the market penetration rate of its products.

Risks

1. Intensified competition in the industry may affect the company's market share.

2. Economic fluctuations may impact customers' investment decisions, affecting the company's revenue growth.

3. The market acceptance and performance of new products may affect the company's future revenue.