Altair Engineering
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 470m | 532m | 572m | 613m | 653m | 713m | 775m |
% growth | 2 % | 13 % | 8 % | 7 % | 7 % | 9 % | 9 % |
EBITDA | 37.4m | 37.4m | 11.7m | 56.2m | 140m | 171m | 206m |
% EBITDA margin | 8 % | 7 % | 2 % | 9 % | 21 % | 24 % | 27 % |
Profit | (10.5m) | (8.8m) | (43.4m) | (8.9m) | 25.0m | 35.5m | 59.9m |
% profit margin | (2 %) | (2 %) | (8 %) | (1 %) | 4 % | 5 % | 8 % |
EV / revenue | 9.1x | 11.1x | 6.3x | 10.9x | 11.2x | 10.1x | 9.0x |
EV / EBITDA | 113.9x | 157.2x | 311.4x | 119.4x | 52.2x | 41.8x | 33.8x |
R&D budget | 126m | 151m | 186m | 213m | - | - | - |
R&D % of revenue | 27 % | 28 % | 32 % | 35 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Post IPO Equity | ||
$30.0m | Growth Equity VC | ||
N/A | $156m Valuation: $785m | IPO | |
* | N/A | €4.0m | Post IPO Equity |
* | N/A | N/A | Grant |
Total Funding | €27.3m |
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EditAltair is a global technology company specializing in simulation, high-performance computing (HPC), and artificial intelligence (AI). The company serves a diverse range of clients, including those in the automotive, aerospace, healthcare, and financial services sectors. Altair operates in the technology and engineering markets, providing software and cloud solutions that enable organizations to enhance product design, optimize performance, and make data-driven decisions. The business model is primarily subscription-based, offering software licenses and cloud-based services. Revenue is generated through software subscriptions, consulting services, and training programs. Altair's solutions are designed to improve productivity, reduce costs, and accelerate innovation for its clients.
Keywords: simulation, AI, HPC, product design, cloud solutions, automotive, aerospace, healthcare, financial services, innovation.