Altair Engineering Inc.
ALTR
Rank in Stocks
#2245
Altair Engineering Inc., along with its affiliates, delivers cutting-edge... Altair Engineering Inc., along with its affiliates, delivers cutting-edge software and cloud-based solutions globally, spanning critical domains such as simulation, high-performance computing (HPC), data analytics, and artificial intelligence. The company operates through two primary divisions: Software Segment: This segment encompasses a wide array of products, including advanced solvers and optimization technologies, HPC software applications complemented by hardware, intuitive modeling and visualization tools, comprehensive data analytics platforms, and an Internet of Things (IoT) platform with integrated analytics capabilities. It also features specialized software for computational fluid dynamics (CFD), fatigue analysis, manufacturing process simulation, and cost estimation, catering to diverse sectors like marine, motorcycle, aerospace, chemical, and architecture. Beyond products, it offers expert software-related services such as consulting, implementation, and training, applying deep product design and development expertise from component-level analysis to complete product engineering across the entire lifecycle. Client Engineering Services Segment: This division focuses on providing direct engineering support to clients. Furthermore, Altair develops and markets solid-state lighting technology, specifically LED lamps designed to directly replace fluorescent tubes, utilizing its proprietary communication and control protocols. Its sophisticated, integrated software suite empowers users to optimize design performance across multiple engineering disciplines, including structural integrity, motion dynamics, fluid dynamics, thermal management, electromagnetics, system modeling, and embedded systems. Altair serves a broad and varied customer base, which includes academic institutions, governmental bodies, manufacturing enterprises, pharmaceutical companies, financial services firms (banking, finance, insurance), meteorological agencies, and electronics design companies. Founded in 1985, Altair Engineering Inc. maintains its corporate headquarters in Troy, Michigan.
Share Price
$111.85
Last synced: 2025-03-26
Market Cap
$9.00B
Change (1 day)
0.00%
Change (1 year)
0.00%
Country
US
Trade Altair Engineering Inc. (ALTR)
Category
Technology
Revenue for Altair Engineering Inc. (ALTR)
Revenue in Dec 2024 TTM: $665.79M
According to Altair Engineering Inc. latest financial reports the company's current revenue (TTM) is $665.79M. In 2023 the company made a revenue of $612.70M an increase over the revenue in the year 2022 that was $572.22M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for Altair Engineering Inc. from 2015 to 2026
Revenue at the end of each year
| Year | Revenue | Change |
|---|---|---|
| 2026 (TTM) | $665.79M | 0.00% |
| 2024 | $665.79M | 8.66% |
| 2023 | $612.70M | 7.07% |
| 2022 | $572.22M | 7.52% |
| 2021 | $532.18M | 13.25% |
| 2020 | $469.92M | 2.40% |
| 2019 | $458.92M | 15.78% |
| 2018 | $396.38M | 18.91% |
| 2017 | $333.33M | 6.41% |
| 2016 | $313.24M | 6.50% |
| 2015 | $294.13M | 0.00% |
Revenue for similar companies or competitors
| Company | Revenue | Revenue Difference | Country |
|---|---|---|---|
| $331.84B | 49,741.54% |
US
|
|
| $6.16B | 824.61% |
US
|
|
| $71.78B | 10,680.76% |
US
|
|
| $11.48B | 1,624.27% |
US
|
|
| $5.40B | 710.49% |
US
|
