Altair Engineering Inc (ALTR)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 14,175 | 32,854 | 26,713 | 9,580 | -8,926 | -16,536 | -45,422 | -56,916 | -43,429 | -56,891 | -31,752 | -11,626 | -8,794 | -5,199 | -5,595 | -2,170 | -10,500 | -14,200 | -21,634 | -14,531 |
| Revenue (ttm) | US$ in thousands | 665,788 | 644,660 | 627,213 | 619,579 | 612,701 | 601,631 | 586,979 | 578,474 | 572,221 | 552,585 | 554,541 | 541,797 | 532,179 | 524,823 | 509,972 | 488,621 | 469,921 | 460,357 | 454,307 | 462,519 |
| Net profit margin | 2.13% | 5.10% | 4.26% | 1.55% | -1.46% | -2.75% | -7.74% | -9.84% | -7.59% | -10.30% | -5.73% | -2.15% | -1.65% | -0.99% | -1.10% | -0.44% | -2.23% | -3.08% | -4.76% | -3.14% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $14,175K ÷ $665,788K
= 2.13%
Altair Engineering Inc's net profit margin has displayed fluctuating performance over the periods provided. The margin was negative throughout most of the data series, indicating that the company's expenses exceeded its revenues during those quarters. However, there was a notable improvement in profitability starting from the first quarter of 2024, as reflected in positive net profit margins of 1.55%, 4.26%, and 5.10% in successive quarters. This positive trend suggests that Altair Engineering Inc was able to control its costs and increase its profitability during that period. It will be crucial for investors and analysts to monitor future financial performance to assess the company's ability to sustain and further improve its profitability levels.
Peer comparison
Dec 31, 2024