CSIMarket
 

Aspen Technology inc   (NASDAQ: AZPN)

Aspen Technology Inc 's

Competitiveness




 

AZPN Sales vs. its Competitors Q2 2024



Comparing the current results to its competitors, Aspen Technology Inc reported Revenue increase in the 2 quarter 2024 by 18.37 % year on year.
The revenue growth was below Aspen Technology Inc 's competitors' average revenue growth of 42.91 %, achieved in the same quarter.

List of AZPN Competitors

With a net margin of 6.71 % Aspen Technology Inc reported lower profitability than its competitors.

More on AZPN Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Aspen Technology inc achieved net profit of $20.34 millions compared to a net loss of $-21.50 millions recorded in the same quarter a year ago.

<<  AZPN Stock Performance Comparisons


Aspen Technology Inc 's Comment on Competition and Industry Peers


The company views intellectual property rights as important for maintaining its competitive position. Its success depends on both the legal protection of its software products and technology, as well as ongoing innovation and leadership in software development.



  

Overall company Market Share Q2 2024

Despite strong revenue increase of 18.37 % in Overall company, Aspen Technology Inc lost market share, to approximately 0.12 %.




<<  More on AZPN Market Share.
 
*Market share is calculated based on total revenue.

  News about Aspen Technology inc Contracts

Aspen Technology, Inc. (NASDAQAZPN), a global leader in industrial software, recently announced the launch ...

October 8, 2024
Innovative Progress: Aspen Technology Launches Breakthrough Microgrid Management System Amidst Impressive Financial Performance Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, recently announced the launch of the AspenTech Microgrid Management System (MMS). This cutting-edge solution is tailored for customers in sectors such as refining, chemicals, and mining industries known for their substantial electrical power demands. With the ever-growing need for reliable power alongside ambitious net-zero goals, AspenTech s MMS offers a formidable tool for managing a mix of on-site conventional and renewable power sources, actively coordinating energy loads, and optimizing storage.The MM...

Aspen Technology Charts Path to Growth and Sustainability A Strategic Overview from 2024 Investor Day,

September 18, 2024
Aspen Technology: Pioneering Industrial Innovation and Sustainability Initiatives in 2024 In a remarkable display of leadership and foresight, Aspen Technology, Inc. (NASDAQ: AZPN), a global titan in industrial software, held its 2024 Investor Day, revealing an extensive value creation strategy aimed at bolstering its commitment to customers, innovation, and sustainability. This pivotal gathering allowed management to unveil strategic priorities, growth drivers, product innovations, and ambitious financial outlooks pertinent to both current and prospective investors. A Commitment to Value CreationAt the heart of AspenTech s mission is the enhancement of operational efficiency for its clientele. The company e...

AspenTechs Grand Vision Innovating Operations, Educating Engineers, and Elevating Excellence,

September 17, 2024
By CSIMarket.com Bedford, Mass. Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, recently spotlighted its strategic priorities and achievements in a comprehensive showcase during its 2024 Investor Day. With a firm commitment to driving the future of industrial operations, the company has underlined its multifaceted approach, focusing on value creation, product innovation, education, and operational excellence. Strategic Overview: A Vision for Value CreationAspenTech s management presented a robust overview of the company’s strategic initiatives aimed at value creation, emphasizing its unwavering commitment to being a trusted partner for industries worldwide. The compan...

nn Emerging as a Global Leader: Aspen Technology Presents Revolutionary Solution for Sustainable Carbon Capture and Storage Strategies

April 27, 2024
AspenTech Strategic Planning for Sustainability Pathways is the product of a fruitful licensing agreement between Aspen Technology and Aramco, one of the world s leading energy and chemical companies. By integrating cutting-edge technology, AspenTech has created a game-changing solution to address one of the most pressing global challenges of our time.This strategic planning solution sets AspenTech apart from its competitors, as the company reported an impressive 5.56% year-on-year revenue increase in the fourth quarter of 2023. In contrast, many of its competitors experienced revenue contractions of -6.89% during the same period. Aspen Technology Inc. s ability to outperform its peers demonstrates its stron...

Aspen Technology Unveils Groundbreaking Sustainability Planning Tool Amidst Resilient Financial Performance Amid Industry Downturn

April 26, 2024
BEDFORD, Mass. - Aspen Technology, Inc. (NASDAQ:AZPN), a prominent figure in industrial software, has unveiled a novel integrated modeling and optimization solution known as AspenTech Strategic Planning for Sustainability Pathways. This uniquely curated solution aims to support firms in decision making related to carbon capture utilization, storage, and sustainability strategy investments.This pioneering tool was created under a licensing agreement with Aramco, one of the world s leading multinational petroleum and natural gas companies. It signifies a progressive step towards precise strategic planning centered on sustainable operations within industries that are traditionally known for their high carbon em...





Publicly Traded Peers of Aspen Technology inc




Rockwell Automation Inc
Share Performance



-5.02%
30 Days



Rockwell Automation Inc
Profile

Rockwell Automation Inc operates as a provider of industrial automation and information solutions, specializing in products and services that enhance manufacturing productivity, efficiency, and safety. The company focuses on integrating software and control systems to optimize industrial processes and connectivity.

More about Rockwell Automation Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 47,124.216 mill. $ 8,973.000 mill. $ 1,091.000 mill.


Esco Technologies inc
Share Performance



+23.63%
One Year



Esco Technologies inc
Profile

Esco Technologies Inc's business model revolves around providing products and solutions for electric, gas, and water utility customers. They focus on delivering innovative technologies and services to enhance the efficiency and reliability of infrastructure systems in these industries.

More about Esco Technologies inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,757.138 mill. $ 1,224.526 mill. $ 314.811 mill.


Taiwan Semiconductor Manufacturing Company Limited
Share Performance



-3.13%
30 Days



Taiwan Semiconductor Manufacturing Company Limited
Profile

Taiwan Semiconductor Manufacturing Company Limited has a foundry business model, focusing on the design and manufacturing of semiconductors for fabless companies. They operate as a pure-play foundry, supplying integrated circuit (IC) wafer production services to customers worldwide. TSMC offers advanced and specialty process technologies, while their clients provide the designs for the chips they manufacture.

More about Taiwan Semiconductor Manufacturing Company Limited's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,165,205.100 mill. $ 121,423.200 mill. $ 54,036.500 mill.


Tower Semiconductor Ltd
Share Performance



-21.56%
This Quarter



Tower Semiconductor Ltd
Profile

Tower Semiconductor Ltd is a leading global specialty foundry company that provides advanced technology and manufacturing solutions for integrated circuits (ICs) in sectors such as consumer electronics, automotive, medical, and more. The company operates on a fabless business model, partnering with customers to develop and manufacture their ICs on Tower's advanced semiconductor manufacturing platform.

More about Tower Semiconductor Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 23,428.813 mill. $ 1,566.104 mill. $ 218.814 mill.


Kulicke And Soffa Industries Inc
Share Performance



+62.96%
This Year



Kulicke And Soffa Industries Inc
Profile

Kulicke and Soffa Industries Inc operates under a business model focused on manufacturing and selling semiconductor packaging and electronic assembly equipment to various industries.

More about Kulicke And Soffa Industries Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,209.671 mill. $ 950.213 mill. $ 115.739 mill.

33 more competitors available

Sign in to see all competitors

Sources: Aspen Technology inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Aspen Technology inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.