NASDAQ$ANSS

ANSYS · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

ANSYS announced financial results with record Q2 revenue and ACV increases.

Ansys reported Q2 2023 GAAP and non-GAAP revenue growth of 5% and 4% respectively. The company reported diluted earnings per share of $0.80 and $1.60 on a GAAP and non-GAAP basis, respectively. Additionally, the company reported second quarter ACV growth of 6%.

  • GAAP and non-GAAP revenue of $496.6 million
  • GAAP diluted earnings per share of $0.80 and non-GAAP diluted earnings per share of $1.60
  • GAAP operating profit margin of 19.3% and non-GAAP operating profit margin of 36.4%
  • Annual contract value (ACV) of $488.3 million

Headline financials

Total Revenue

$497M

Previous: $476M+4.4%
EPS (adj)

$1.60

Previous: $1.77-9.6%
Annual Contract Value

$488M

Previous: $460M+6.1%
Net Income

$69.5M

Previous: $98.8M-29.6%
Operating Income

$95.6M

Previous: $128M-25.3%
Gross Profit

$428M

Previous: $411M+4.1%
Cash & Equivalents

$478M

Previous: $517M-7.6%
Total Assets

$6.61B

Previous: $6.12B+8.0%
Stock-Based Comp

$56.3M

Previous: $39.5M+42.5%

Revenue & EPS history

ANSYS · Revenue · Quarterly

$497M

Q2 2023+4.4%vs Q2 2022
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

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

  • Maintenance
    $232M

Forward guidance

The Company's third quarter and updated FY 2023 revenue, diluted earnings per share and ACV guidance is provided.

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 2023

Historical avgQ2 2023

+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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