NASDAQ$ANSS

ANSYS · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

ANSYS reported Q2 2024 earnings with revenue of $594.1 million and GAAP EPS of $1.48.

ANSYS announced Q2 2024 financial results, with revenue reaching $594.1 million, a 20% increase compared to Q2 2023. The company reported GAAP diluted earnings per share of $1.48 and non-GAAP diluted earnings per share of $2.50. ACV grew by 7% to $520.5 million.

  • Revenue for Q2 2024 reached $594.1 million, reflecting a 20% increase year-over-year.
  • GAAP diluted earnings per share stood at $1.48, while non-GAAP diluted earnings per share was $2.50.
  • Annual contract value (ACV) amounted to $520.5 million, representing a 7% growth compared to the prior year.
  • Deferred revenue and backlog totaled $1,394.0 million as of June 30, 2024.

Headline financials

Total Revenue

$594M

Previous: $497M+19.6%
EPS (adj)

$2.50

Previous: $1.60+56.2%
Annual Contract Value

$521M

Previous: $488M+6.6%
Capital Expenditures

-$13.3M

No prior period
Net Income

$130M

Previous: $69.5M+87.0%
Operating Income

$157M

Previous: $95.6M+64.6%
Gross Profit

$525M

Previous: $428M+22.5%
R&D Expense

$133M

No prior period
Stock-Based Comp

$66.9M

Previous: $56.3M+18.8%

Revenue & EPS history

ANSYS · Revenue · Quarterly

$594M

Q2 2024+19.6%vs Q2 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

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

  • Maintenance
    $232M

Forward guidance

Ansys has suspended quarterly earnings conference calls and is no longer providing quarterly or annual guidance due to the pending transaction with Synopsys.

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 2024

Historical avgQ2 2024

+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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