NASDAQ$ANSS

ANSYS · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

ANSYS announced financial results with record Q4 and FY 2020 revenue, ACV and operating cash flow.

ANSYS reported strong Q4 2020 results with double-digit revenue growth and industry-leading margins. The company achieved record quarterly and annual revenue, driven by the operating leverage of its business model. ACV grew by 20% in constant currency for the quarter, reaching record levels of recurring sources at 83%.

  • GAAP revenue of $623.7 million and non-GAAP revenue of $627.8 million
  • GAAP diluted earnings per share of $2.46 and non-GAAP diluted earnings per share of $2.96
  • Annual contract value (ACV) of $665.5 million, growth of 23% in reported currency and 20% in constant currency
  • GAAP operating profit margin of 41.6% and non-GAAP operating profit margin of 51.6%

Headline financials

Total Revenue

$628M

Previous: $492M+27.5%
EPS (adj)

$2.96

Previous: $2.24+32.1%
Annual Contract Value

$666M

Previous: $440M+51.2%
Net Income

$216M

Previous: $142M+52.2%
Operating Income

$259M

Previous: $133M+94.4%
Gross Profit

$556M

Previous: $437M+27.3%
Cash & Equivalents

$913M

Previous: $872M+4.7%
Total Assets

$5.94B

Previous: $4.84B+22.8%
Stock-Based Comp

$42.4M

Previous: $31.4M+34.9%

Revenue & EPS history

ANSYS · Revenue · Quarterly

$628M

Q4 2020+27.5%vs Q4 2019
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 first 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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