Altair Engineering Inc (ALTR) Gross Profit Margin starting from the fourth quarter 2024 to fourth quarter 2023, Profitability Trends and Ranking, Fundamental Ratios - CSIMarket
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Altair Engineering Inc   (NASDAQ: ALTR)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology


Altair Engineering Inc 's Gross Profit Margin by quarter

Trends, Rankings, Statistics



ALTR Gross Profit Margin (Dec 31 2024)
Q4
(Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
Y / Y Revenue Change 12.62 %
Seq. Revenue Change 27.61 %
Revenue In Millions $193.25
Gross Profit Margin 82.41 %
Gross Profit Margin Total Ranking # 609
Gross Profit In Millions $159.25
Y / Y Gross Profit Change 11.89 %
Seq. Gross Profit Change 31.14 %


Commenting fourth quarter 2024 Gross Profit Margin
Altair Engineering Inc Gross Profit grew by 31.14 % in Q4 sequentially to 159 millions, while Revenue increased by 27.61 %, this led to improvement in the company's Gross Profit Margin to 82.41 %, above the Altair Engineering Inc average Gross Profit Margin.


Observing fourth quarter 2024 results within Software & Programming industry 38 other companies have achieved higher Gross Profit Margin. While Gross Profit Margin total ranking has impoved so far to 609, from total ranking in the previous quarter at 679.
Learn about Gross Margin
ALTR's Gross Profit Margin fourth quarter 2024 Company Ranking
Within: No.
Software & Programming Industry # 39
Technology Sector # 72
Overall # 603

Gross Profit Margin Statistics
High Average Low
82.95 % 70.2 % 55.35 %
(Dec 31 2023)   (Mar 31 2018)




Other Gross Profit Margin Profitability Ratios
ALTR's Cumulative Gross Profit Margin
Software & Programming Industry Gross Profit Margin Trends and Statistics
Technology Sector Gross Profit Margin Statistics
Gross Profit Margin Profitability Trends for overall market
ALTR's Gross Profit Margin Profitability versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Gross Profit Margin
Lowest Ranking Gross Profit Margin
Gross Profit Margin Profit Margin for ALTR's Competitors
Gross Profit Margin Profit Margin for Altair Engineering Inc 's Suppliers
Gross Profit Margin Profit Margin for ALTR's Customers

You may also want to know
ALTR's Annual Growth Rates ALTR's Profitability Ratios ALTR's Asset Turnover Ratio ALTR's Dividend Growth
ALTR's Roe ALTR's Valuation Ratios ALTR's Financial Strength Ratios ALTR's Gross Profit Growth
ALTR's Roa ALTR's Inventory Turnover Ratio ALTR's Growth Rates ALTR's Dividend Comparisons


Companies with similar Gross Profit Margin in the quarter ending Dec 31 2024, within Software & Programming Industry Gross Profit MarginDec 31 2024 MRQ Gross ProfitDec 31 2024 MRQ Revenue
Intuit Inc   99.07 %$ 3,926.000  Millions$ 3,963.000  Millions
Darkpulse Inc   98.03 %$ 0.070  Millions$ 0.071  Millions
Leafly Holdings Inc   97.95 %$ 7.681  Millions$ 7.842  Millions
Cerence Inc   97.07 %$ 33.072  Millions$ 34.072  Millions
Zoominfo Technologies Inc   95.88 %$ 255.900  Millions$ 266.900  Millions
Oracle Corporation  95.64 %$ 25,621.000  Millions$ 26,788.000  Millions
Wm Technology Inc   95.20 %$ 45.380  Millions$ 47.670  Millions
Apptech Payments Corp   94.23 %$ 0.049  Millions$ 0.052  Millions
Aware Inc   93.43 %$ 4.482  Millions$ 4.797  Millions
Ansys Inc   91.76 %$ 809.486  Millions$ 882.174  Millions
Autodesk Inc   90.60 %$ 1,485.000  Millions$ 1,639.000  Millions
Intellicheck Inc   89.66 %$ 4.577  Millions$ 5.105  Millions
Asana Inc   89.59 %$ 168.730  Millions$ 188.334  Millions
Solarwinds Corporation  89.58 %$ 189.099  Millions$ 211.099  Millions
Femto Technologies Inc   89.48 %$ 0.115  Millions$ 0.129  Millions
Monday com Ltd   89.33 %$ 868.304  Millions$ 971.995  Millions
Gitlab Inc   89.18 %$ 188.562  Millions$ 211.431  Millions
Adobe Inc   89.01 %$ 4,990.000  Millions$ 5,606.000  Millions
Porch Group Inc   88.98 %$ 89.300  Millions$ 100.361  Millions
Marketwise Inc   88.70 %$ 86.464  Millions$ 97.478  Millions
Couchbase Inc   88.61 %$ 48.664  Millions$ 54.922  Millions
Cadence Design Systems Inc   88.40 %$ 1,198.732  Millions$ 1,355.981  Millions
Fatpipe Inc  87.93 %$ 2.769  Millions$ 3.149  Millions
Check Point Software Technologies Ltd   87.55 %$ 2,245.700  Millions$ 2,565.000  Millions
Destiny Media Technologies Inc   87.27 %$ 1.071  Millions$ 1.227  Millions
Nutanix Inc   87.01 %$ 569.433  Millions$ 654.433  Millions
Great Elm Group Inc   86.94 %$ 3.049  Millions$ 3.507  Millions
Cxapp Inc   85.97 %$ 1.428  Millions$ 1.661  Millions
Hubspot Inc   85.22 %$ 599.842  Millions$ 703.842  Millions
Uipath Inc   84.77 %$ 359.112  Millions$ 423.646  Millions




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