Aspen Technology Inc. (AZPN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
20 CROSBY DRIVE BEDFORD, MA 01730 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 6/30/2024 | 12/31/2023 MRQ | 6/30/2023 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 237 | 131 | 241 | |||
| Cash and cash equivalents | 237 | 131 | 241 | |||
| Receivables | 116 | 130 | 123 | |||
| Prepaid expense | 8 | 3 | 11 | |||
| Contract with customer, asset, after allowance for credit loss | 409 | 358 | 368 | |||
| Other undisclosed current assets | 106 | 88 | 90 | |||
| Total current assets: | 876 | 709 | 833 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 96 | 97 | 68 | |||
| Property, plant and equipment | 17 | 17 | 19 | |||
| Intangible assets, net (including goodwill) | 12,513 | 12,759 | 12,990 | |||
| Goodwill | 8,328 | 8,330 | 8,331 | |||
| Intangible assets, net (excluding goodwill) | 4,185 | 4,429 | 4,660 | |||
| Contract with customer, asset, after allowance for credit loss | 515 | 606 | 536 | |||
| Capitalized contract cost, net | 25 | 19 | 16 | |||
| Deferred income tax assets | 7 | 11 | 11 | |||
| Other noncurrent assets | 22 | 9 | 13 | |||
| Total noncurrent assets: | 13,196 | 13,519 | 13,653 | |||
| TOTAL ASSETS: | 14,072 | 14,228 | 14,486 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 108 | 98 | 120 | |||
| Accounts payable | 8 | 17 | 20 | |||
| Accrued liabilities | 100 | 81 | 100 | |||
| Deferred revenue | 124 | 136 | 151 | |||
| Business combination, contingent consideration, liability | ||||||
| Other liabilities | ||||||
| Other undisclosed current liabilities | 105 | 139 | 81 | |||
| Total current liabilities: | 337 | 372 | 352 | |||
| Noncurrent Liabilities | ||||||
| Liabilities, other than long-term debt | 921 | 1,007 | 1,063 | |||
| Deferred revenue | 28 | 35 | 30 | |||
| Deferred income tax liabilities | 791 | 868 | 958 | |||
| Other liabilities | 18 | 20 | 19 | |||
| Operating lease, liability | 85 | 84 | 55 | |||
| Total noncurrent liabilities: | 921 | 1,007 | 1,063 | |||
| Total liabilities: | 1,259 | 1,379 | 1,415 | |||
| Equity | ||||||
| Equity, attributable to parent | 12,813 | 12,849 | 13,071 | |||
| Common stock | 0 | 0 | 0 | |||
| Treasury stock, value | (407) | (291) | (84) | |||
| Additional paid in capital | 13,278 | 13,241 | 13,194 | |||
| Accumulated other comprehensive income (loss) | (7) | (4) | 2 | |||
| Accumulated deficit | (51) | (97) | (41) | |||
| Total equity: | 12,813 | 12,849 | 13,071 | |||
| TOTAL LIABILITIES AND EQUITY: | 14,072 | 14,228 | 14,486 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 6/30/2024 | 12/31/2023 TTM | 6/30/2023 | ||
|---|---|---|---|---|---|
| Revenues | 1,127 | 1,057 | 1,044 | ||
| Cost of revenue | (383) | (382) | (374) | ||
| Gross profit: | 745 | 675 | 671 | ||
| Operating expenses | (834) | (857) | (854) | ||
| Operating loss: | (90) | (182) | (183) | ||
| Nonoperating income (expense) | 46 | ||||
| Other nonoperating income | 13 | ||||
| Loss from continuing operations before equity method investments, income taxes: | (90) | (136) | (183) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 46 | (13) | 2 | ||
| Loss from continuing operations before income taxes: | (44) | (148) | (181) | ||
| Income tax benefit | 34 | 62 | 73 | ||
| Net loss available to common stockholders, diluted: | (10) | (86) | (108) | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 6/30/2024 | 12/31/2023 TTM | 6/30/2023 | ||
|---|---|---|---|---|---|
| Net loss: | (10) | (86) | (108) | ||
| Other comprehensive income (loss) | (0) | 0 | |||
| Other undisclosed comprehensive income (loss) | 0 | ||||
| Comprehensive loss: | (10) | (86) | (108) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (9) | 3 | 7 | ||
| Comprehensive loss, net of tax, attributable to parent: | (19) | (83) | (101) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.