| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $1,681 | $1,907 | $2,066 | $2,270 | $2,545 |
| Gross Profit | $1,456 | $1,649 | $1,815 | $1,999 | $2,265 |
| Operating Income | $496 | $513 | $593 | $626 | $718 |
| Net Income | $434 | $455 | $524 | $500 | $576 |

Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $1,681 | $1,907 | $2,066 | $2,270 | $2,545 |
| Gross Profit | $1,456 | $1,649 | $1,815 | $1,999 | $2,265 |
| Operating Income | $496 | $513 | $593 | $626 | $718 |
| Net Income | $434 | $455 | $524 | $500 | $576 |
Over the five-year period from 2020 to 2024, ANSYS, Inc. demonstrated steady growth across its key financial metrics. Revenue increased from $1,681 million in 2020 to $2,545 million in 2024, reflecting an overall growth of about 51%, with sequential annual increases ranging roughly from 8% to 13%. Similarly, gross profit grew from $1,456 million to $2,265 million, indicating strong operational efficiency and a consistent ability to convert revenue into profit. Operating income also improved from $496 million in 2020 to $718 million in 2024. Although there were modest fluctuations in net income—from $434 million in 2020 reaching a peak of $524 million in 2022, dipping slightly to $500 million in 2023, and recovering to $576 million in 2024—there were no dramatic year-over-year swings exceeding 20% in any of the line items. This performance is in line with trends seen within the simulation software and engineering solutions industry, where steady growth is common as companies invest in advanced technologies to drive innovation and efficiency in design processes. The relatively stable margins, with operating profit margins hovering around 28-30% and slightly contracting net income margins, suggest that ANSYS has maintained a disciplined cost structure even as it scales. Overall, the company’s increasing revenue and profit figures, coupled with consistent operating performance, point to a robust financial health and operational sustainability, reinforcing ANSYS’s position as a reliable performer in its competitive and technology-driven sector.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.