NASDAQ$ANSS

ANSYS · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

ANSYS reported record Q1 ACV, revenue, and operating cash flow, initiating Q2 2021 outlook and increasing FY 2021 outlook on ACV, revenue, EPS, and cash flow.

ANSYS reported a strong first quarter in 2021, with double-digit revenue and earnings growth. GAAP revenue reached $363.2 million and non-GAAP revenue reached $372.1 million. The company saw strong channel and small- and medium-sized account performance, contributing to both ACV and revenue growth.

  • GAAP revenue of $363.2 million and non-GAAP revenue of $372.1 million.
  • GAAP diluted earnings per share of $0.82 and non-GAAP diluted earnings per share of $1.12.
  • GAAP operating profit margin of 13.8% and non-GAAP operating profit margin of 33.5%.
  • Annual contract value (ACV) of $319.4 million.

Headline financials

Total Revenue

$372M

Previous: $309M+20.5%
EPS (adj)

$1.12

Previous: $0.83+34.9%
Annual Contract Value

$319M

Previous: $301M+6.1%
Net Income

$72.4M

Previous: $46.1M+57.2%
Operating Income

$50M

Previous: $34.1M+46.8%
Gross Profit

$301M

Previous: $255M+18.1%
Cash & Equivalents

$988M

Previous: $718M+37.6%
Total Assets

$5.82B

Previous: $4.53B+28.5%
Stock-Based Comp

$35.1M

Previous: $30.9M+13.5%

Revenue & EPS history

ANSYS · Revenue · Quarterly

$372M

Q1 2021+20.5%vs Q1 2020
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

ANSYS · $232M total across 1 segment · Q2 2021

  • Maintenance
    $232M

Forward guidance

The Company's second quarter and fiscal year 2021 revenue and diluted earnings per share guidance is provided below. The Company is also providing its fiscal year 2021 guidance for ACV and operating cash flows.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports

Historical avg

+0.3%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+2.4%

Avg return

30 days after

46%

30 / 65 earnings

Positive

+13.0%

Q2 2012

Best reaction

-9.9%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2025-0.7%+0.3%+2.8%
Q4 2025+1.1%-1.9%-3.7%
Q3 2025+9.6%+6.8%+6.3%
Q2 2024+1.8%-2.5%+5.6%
Q1 2024-3.2%-1.1%-2.4%
Q4 2023+2.5%+1.3%+5.2%
Q3 2023-1.9%+1.0%+5.5%
Q2 2023-9.3%-8.9%-5.2%
Q1 2023-1.9%-4.7%+5.2%
Q4 2022+10.9%+11.2%+18.8%
Q3 2022-3.3%+1.0%+17.0%
Q2 2022+6.0%+2.3%-11.5%
Q1 2022-2.6%-11.0%-7.4%
Q4 2021+4.5%+7.0%+1.9%
Q3 2021+6.7%+5.7%+0.3%
Q2 2021+0.7%+0.3%-0.6%
Q1 2021-5.1%
Q4 2020-9.9%
Q3 2020+3.9%
Q2 2020+2.1%
Q1 2020-0.6%
Q4 2019-8.4%
Q3 2019+3.3%
Q2 2019+1.5%
Q1 2019-2.3%
Q4 2018+1.4%
Q3 2018+11.0%
Q2 2018-0.3%
Q1 2018-0.1%
Q4 2017-4.1%
Q3 2017+8.8%
Q2 2017-5.3%
Q1 2017+7.8%
Q4 2016+2.5%
Q3 2016-6.6%
Q2 2016+5.0%
Q1 2016-5.9%
Q4 2015-2.9%
Q3 2015-4.3%
Q2 2015-2.4%
Q1 2015-1.2%
Q4 2014-0.4%
Q3 2014+1.2%
Q2 2014+2.7%
Q1 2014-3.0%
Q4 2013-1.1%
Q3 2013-5.2%
Q2 2013+12.0%
Q1 2013-6.7%
Q4 2012+2.0%
Q3 2012-3.6%
Q2 2012+13.0%
Q1 2012+2.2%
Q4 2011-3.3%
Q3 2011+6.7%
Q2 2011-0.9%
Q1 2010-0.7%
Q1 2011-0.5%
Q4 2008+4.1%
Q4 2010+4.1%
Q3 2010+1.4%
Q3 2009+1.4%
Q2 2010-5.1%
Q2 2009-5.1%
Q4 2009-5.1%

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