NASDAQ$ANSS

ANSYS · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

ANSYS reported record Q2 ACV and revenue, initiated Q3 2021 outlook, and increased FY 2021 outlook on ACV, revenue, non-GAAP EPS and cash flow.

ANSYS reported a strong second quarter with GAAP revenue of $446.7 million and non-GAAP revenue of $452.6 million, driven by a 25% increase in ACV. The company's broad-based growth validates its strategy of Pervasive Simulation. Due to this momentum, ANSYS increased its full-year 2021 guidance.

  • GAAP revenue of $446.7 million and non-GAAP revenue of $452.6 million
  • GAAP diluted earnings per share of $1.06 and non-GAAP diluted earnings per share of $1.85
  • GAAP operating profit margin of 26.1% and non-GAAP operating profit margin of 41.7%
  • Annual contract value (ACV) of $430.5 million

Headline financials

Total Revenue

$453M

Previous: $390M+16.1%
EPS (adj)

$1.85

Previous: $1.55+19.4%
Annual Contract Value

$431M

Previous: $344M+25.0%
Net Income

$93.7M

Previous: $96.6M-3.0%
Operating Income

$117M

Previous: $113M+3.5%
Gross Profit

$382M

Previous: $332M+15.3%
Cash & Equivalents

$958M

Previous: $745M+28.6%
Total Assets

$5.89B

Previous: $4.67B+26.1%
Stock-Based Comp

$42.9M

Previous: $34.1M+25.7%

Revenue & EPS history

ANSYS · Revenue · Quarterly

$453M

Q2 2021+16.1%vs Q2 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 third 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 · overlaid with Q2 2021

Historical avgQ2 2021

+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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