Altair Engineering Inc Revenue Growth Rates (ALTR), Current and Historic Growth - CSIMarket
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• Op. Income Y/Y
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Altair Engineering Inc   (NASDAQ: ALTR)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

ALTR's Revenue Growth by Quarter and Year

Altair Engineering Inc 's Revenue results by quarter and year



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ALTR Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
4th Quarter December 193.25
3rd Quarter September 151.44
2nd Quarter June 148.28
1st Quarter March 172.02
FY 664.99

ALTRs Annual Revenue
Altair Engineering Inc 's Revenue in the fiscal year 2024 $ 664.99 millions
Altair Engineering Inc 's Revenue in the fiscal year 2023 $ 611.91 millions
Altair Engineering Inc 's Revenue in the fiscal year 2022 $ 572.22 millions
Altair Engineering Inc 's Revenue in the fiscal year 2021 $ 532.18 millions
Altair Engineering Inc 's Revenue in the fiscal year 2020 $ 469.92 millions




ALTR Revenue fourth quarter 2024 Y/Y Growth Comment
Altair Engineering Inc achieved in the fourth quarter 2024, above Company average Revenue increase of 12.62% year on year, to $ 193.25 millions.

Looking into fourth quarter 2024 results within Software & Programming industry 86 other companies have achieved higher Revenue growth. While Altair Engineering Inc ' s Revenue growth of 12.62% ranks overall at the positon no. 1263 in the fourth quarter 2024.


ALTR Revenue ( Y/Y Growth %) 2024
 2023 2022 2021
4th Quarter December 12.62 % 6.96 % 13.94 % 5.52 %
3rd Quarter September 13.08 % 12.21 % -1.62 % 13.95 %
2nd Quarter June 5.64 % 5.8 % 10.63 % 21.66 %
1st Quarter March 3.61 % 3.91 % 6.41 % 14.22 %
FY   8.67 % 6.94 % 7.52 % -

Financial Statements
Altair Engineering Inc 's fourth quarter 2024 Revenue $ 193.25 millions ALTR's Income Statement
Altair Engineering Inc 's fourth quarter 2023 Revenue $ 171.60 millions Quarterly ALTR's Income Statement


ALTR Revenue (Quarter on Quarter Growth %)

 2024
 2023 2022 2021
4th Quarter December 27.61 % 28.14 % 34.42 % 16.07 %
3rd Quarter September 2.13 % -4.59 % -10.03 % 1.17 %
2nd Quarter June -13.8 % -15.46 % -16.97 % -20.15 %
1st Quarter March 0.24 % 3.49 % 13.48 % 12.53 %
FY (Year on Year)   8.67 % 6.94 % 7.52 % -


Back to ALTR Growth rate Comparisons >> Back to ALTR Growth rate Comparisons >>


Revenue fourth quarter 2024 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #87
Technology Sector #232
Overall #1263

Revenue Y/Y Growth Statistics
High Average Low
84.03 % 7.93 % -28.38 %
(Mar 31 2019)   (Sep 30 2018)
Revenue fourth quarter 2024 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #87
Technology Sector #232
Overall #1263
Revenue Y/Y Growth Statistics
High Average Low
84.03 % 7.93 % -28.38 %
(Mar 31 2019)   (Sep 30 2018)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Altair Engineering Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
34.42 % 2.36 % -25.03 %
(Dec 31 2022)  


ALTR's IV. Quarter Q/Q Revenue Comment
Altair Engineering Inc achieved in the IV. Quarter 2024 above company average sequential Revenue jump of 27.61%, to $ 193.25 millions, from $151.44 millions in the third quarter.

Within Software & Programming industry 16 other companies have achieved higher Revenue quarter on quarter growth. While Altair Engineering Inc 's Revenue growth quarter on quarter, overall rank is 555.


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #17
Technology Sector #75
Overall #555
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #17
Technology Sector #75
Overall #555
Revenue Q/Q Growth Statistics
High Average Low
34.42 % 2.36 % -25.03 %
(Dec 31 2022)  


ALTR's IV. Quarter Q/Q Revenue Comment
Altair Engineering Inc achieved in the IV. Quarter 2024 above company average sequential Revenue jump of 27.61%, to $ 193.25 millions, from $151.44 millions in the third quarter.

Within Software & Programming industry 16 other companies have achieved higher Revenue quarter on quarter growth. While Altair Engineering Inc 's Revenue growth quarter on quarter, overall rank is 555.


Altair Engineering Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Dec 31 2024)		 12 Months Ending
(Sep 30 2024)		 12 Months Ending
(Jun 30 2024)		 12 Months Ending
(Mar 31 2024)		 12 Months Ending
(Dec 31 2023)
Cumulative Revenue 12 Months Ending $ 664.99 $ 643.33 $ 625.81 $ 617.90 $ 611.91
Y / Y Revenue Growth (TTM) 8.67 % 7.09 % 6.76 % 6.81 % 6.94 %
Year on Year Revenue Growth Overall Ranking # 1463 # 388 # 1311 # 0 # 0
Seqeuential Revenue Change (TTM) 3.37 % 2.8 % 1.28 % 0.98 % 1.86 %
Seq. Revenue Growth (TTM) Overall Ranking # 2047 # 1471 # 1666 # 0 # 0


Cumulative Revenue growth Comment
Although Altair Engineering Inc 's Annual Revenue growth year on year were below company's average 57.66% , Revenue announced in the Dec 31 2024 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 8.67% year on year, from 7.09% in Sep 30 2024.

In the Technology sector 271 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 388 to 1463.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 133
Technology Sector # 272
Overall # 1463

Revenue TTM Y/Y Growth Statistics
High Average Low
3867.23 %
 57.66 %
-121.3 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 133
Sector # 341
S&P 500 # 2047
Cumulative Revenue growth Comment
Although Altair Engineering Inc 's Annual Revenue growth year on year were below company's average 57.66% , Revenue announced in the Dec 31 2024 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 8.67% year on year, from 7.09% in Sep 30 2024.

In the Technology sector 271 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 388 to 1463.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 133
Technology Sector # 272
Overall # 1463

Revenue TTM Y/Y Growth Statistics
High Average Low
3867.23 %
57.66 %
-121.3 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 133
Sector # 341
S&P 500 # 2047




Other Revenue Growth
Software & Programming Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
ALTR's Revenue Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




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About Altair Engineering Inc Revenue Growth Rates (ALTR), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Altair Engineering Inc (CIK 1701732).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0000950170-25-024197
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Altair Engineering Inc ’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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