Overview
Altair Consulting
Altair is one of the global leader in computational science and artificial intelligence that provides software and cloud solutions in the areas of simulation, high-performance computing (HPC), data analytics, and artificial intelligence (AI). Altair's products and services leverage computational intelligence to drive innovation for a more connected, safe, and sustainable future. Its simulation and AI-driven approach to innovation is powered by its
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Read More broad portfolio of high-fidelity and high-performance physics solvers, its market-leading technology for optimization and HPC, and its end-to-end platform for developing AI and digital twin solutions. Altair's software products represent a comprehensive, open architecture solution for computational science and AI to empower decision-making for improved product design and development, manufacturing, energy management and exploration, financial services, health care, and retail operations. Americas generates more than 50% of its revenue. Altair was founded in 1985.
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Read More broad portfolio of high-fidelity and high-performance physics solvers, its market-leading technology for optimization and HPC, and its end-to-end platform for developing AI and digital twin solutions. Altair's software products represent a comprehensive, open architecture solution for computational science and AI to empower decision-making for improved product design and development, manufacturing, energy management and exploration, financial services, health care, and retail operations. Americas generates more than 50% of its revenue. Altair was founded in 1985.
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James R Scapa
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Actual
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Actual
$346.00 million
Actual
8.66%
$1,445
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NASDAQ:ALTR
Contacts
Get in Touch with 10 Principals* and 690 Contacts
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James R ScapaChairman of the Board and Chief Executive Officer
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Financial Data
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Financial data as of May 08, 2025 (12 month period) in USD
Annual Revenue
$346.00 million
USD
Modelled
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $154 | $127 | $40 |
Net Investing Cash | -$46 | -$16 | -$155 |
Net Financing Cash | -$7 | $38 | $23 |
Net Change in Cash | $101 | $149 | -$92 |
Cash at Beginning of Period | $468 | $317 | $414 |
Cash at End of Period | $562 | $468 | $317 |
Capital Expenditure | -$14 | -$10 | -$10 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $562 | $467 | $316 |
Accounts Receivable | $169 | $185 | $164 |
Inventories | $ | $ | $ |
Other Current Assets | $54 | $48 | $47 |
Asset Summary | |||
Total Current Assets | $785 | $701 | $527 |
Tangible Fixed Assets | $72 | $71 | $71 |
Intangible Assets | $73 | $84 | $108 |
Total Assets | $1,446 | $1,363 | $1,205 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $7 | $9 | $10 |
Short-Term Debt | $227 | $81 | $ |
Other Current Liabilities | $253 | $234 | $222 |
Liability Summary | |||
Total Current Liabilities | $488 | $324 | $233 |
Long-Term Debt | $ | $226 | $306 |
Other Long-Term Liabilities | $7 | $2 | $1 |
Total Liabilities | $588 | $652 | $635 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Equity | |||
Common Stock | $0 | $0 | $0 |
Retained Earnings | -$116 | -$131 | -$122 |
Equity Summary | |||
Total Equity | $857 | $711 | $570 |
Shares Outstanding | 85,574,574 | 82,054,000 | 80,022,000 |