Altair Engineering Inc. (ALTR) financial statements (2022 and earlier)

Company profile

Business Address 1820 E. BIG BEAVER ROAD
TROY, MI 48083
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments414456260243241245251
Cash and cash equivalents414456260243241245251
Receivables147981001131259685
Inventory, net of allowances, customer advances and progress billings     33
Inventory     33
Other undisclosed current assets28262322211614
Total current assets:588580383379387360352
Noncurrent Assets
Operating lease, right-of-use asset28313334343333
Property, plant and equipment40394039363434
Intangible assets, net (including goodwill)469330330333341327292
Goodwill370269263262264271233
Intangible assets, net (excluding goodwill)99626771765758
Deferred income tax assets8888766
Other noncurrent assets28272725251921
Total noncurrent assets:575435438439443420385
TOTAL ASSETS:1,1631,014820818830780737
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities49414243433936
Accounts payable7577955
Employee-related liabilities42363637353431
Deferred revenue93758182867473
Debt2001971941913000
Other liabilities122252832312627
Other undisclosed current liabilities1010111010109
Total current liabilities:474348356359201149146
Noncurrent Liabilities
Long-term debt and lease obligation, including:2022240189216183
Finance lease, liability    0  
Operating lease, liability20222424242424
Other undisclosed long-term debt and lease obligation   (24)164192159
Liabilities, other than long-term debt56424034373027
Deferred revenue13979997
Other liabilities43333325272120
Other undisclosed noncurrent liabilities   24242424
Total noncurrent liabilities:75646459250270235
Total liabilities:549411420418451419381
Temporary equity, carrying amount1111111
Stockholders' equity
Stockholders' equity attributable to parent, including:613602399399379359355
Additional paid in capital724711496485475465456
Accumulated other comprehensive loss(9)(8)(4)(7)(3)(10)(14)
Accumulated deficit(102)(101)(93)(79)(93)(95)(87)
Other undisclosed stockholders' equity attributable to parent0000000
Total stockholders' equity:613602399399379359355
TOTAL LIABILITIES AND EQUITY:1,1631,014820818830780737

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues14112112015013310699
Cost of revenue
(Cost of Goods and Services Sold)
(33)(32)(32)(33)(33)(29)(25)
Gross profit:10890881171017773
Operating expenses(103)(92)(97)(99)(93)(81)(78)
Operating income (loss):5(2)(9)187(3)(4)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
1(0)(1)(1)01(0)
Interest and debt expense(3)(3)(3)(3)(3)(3)(3)
Income (loss) from continuing operations before income taxes:3(5)(12)144(6)(7)
Income tax expense(4)(3)(1)(0)(2)(3)(3)
Net income (loss) available to common stockholders, diluted:(1)(8)(14)142(9)(10)

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income (loss):(1)(8)(14)142(9)(10)
Other comprehensive income (loss)(1)(4)3(4)753
Comprehensive income (loss), net of tax, attributable to parent:(2)(12)(11)119(4)(8)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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