ANSYS Inc (ANSS)

Gross 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
Gross profit (ttm)	US$ in thousands	2,264,990	2,190,563	2,051,318	1,954,794	1,998,651	1,896,280	1,913,286	1,896,390	1,814,912	1,768,914	1,736,792	1,707,925	1,648,731	1,617,824	1,552,982	1,502,287	1,456,033	1,336,882	1,325,836	1,322,173
Revenue (ttm)	US$ in thousands	2,544,809	2,467,743	2,324,646	2,227,107	2,269,949	2,158,956	2,172,672	2,149,923	2,065,553	2,027,105	1,995,762	1,968,566	1,906,715	1,874,734	1,800,531	1,739,538	1,681,297	1,543,839	1,520,773	1,503,747
Gross profit margin		89.00%	88.77%	88.24%	87.77%	88.05%	87.83%	88.06%	88.21%	87.87%	87.26%	87.02%	86.76%	86.47%	86.30%	86.25%	86.36%	86.60%	86.59%	87.18%	87.93%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,264,990K ÷ $2,544,809K
= 89.00%

ANSYS Inc's gross profit margin has shown a generally positive trend over the period from March 31, 2020, to December 31, 2024. The company's gross profit margin started at 87.93% in March 2020, experienced fluctuations throughout the subsequent quarters, and ended at 89.00% by December 31, 2024.

The company's gross profit margin indicates the proportion of revenue remaining after deducting the cost of goods sold. ANSYS Inc's ability to maintain a high gross profit margin suggests efficient cost management and pricing strategies, which can lead to improved profitability. The steady increase in gross profit margin over the years reflects the company's ability to generate more profit from its core operations.

Investors and stakeholders may view ANSYS Inc's consistently strong gross profit margin positively, as it signifies the company's ability to generate sufficient profits to cover operating expenses and reinvest in its business for future growth. Nonetheless, it is essential for the company to sustain or improve its gross profit margin to ensure long-term financial health and competitiveness in the market.