Altair Historical Income Statement

ALTR Stock

USD 105.61 0.19 0.18%

Historical analysis of Altair Engineering income statement accounts such as Interest Income of 17.7 M, Depreciation And Amortization of 23.5 M or Interest Expense of 5.8 M can show how well Altair Engineering performed in making a profits. Evaluating Altair Engineering income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Altair Engineering's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Altair Engineering latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Altair Engineering is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altair Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.

About Altair Income Statement Analysis

Altair Engineering Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Altair Engineering shareholders. The income statement also shows Altair investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Altair Engineering Income Statement Chart

At this time, Altair Engineering's Interest Income is relatively stable compared to the past year. As of 12/01/2024, Selling General Administrative is likely to grow to about 86.5 M, while Depreciation And Amortization is likely to drop slightly above 23.5 M.

Tax Provision Selling General Administrative Selling And Marketing Expenses Total Revenue Ebit

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Altair Engineering generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most accounts from Altair Engineering's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Altair Engineering current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altair Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.At this time, Altair Engineering's Interest Income is relatively stable compared to the past year. As of 12/01/2024, Selling General Administrative is likely to grow to about 86.5 M, while Depreciation And Amortization is likely to drop slightly above 23.5 M.

	2022	2023	2024 (projected)
Interest Income	4.1M	16.9M	17.7M
Tax Provision	15.2M	21.5M	18.3M

Interest Income Tax Provision

Altair Engineering income statement Correlations

	Tax Provision	Interest Income	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Non Operating Income Net Other
Tax Provision		0.21	0.27	0.04	0.59	0.3	0.27	0.27	0.36	-0.81	-0.92	-0.71	0.35	-0.53	0.28	0.37	-0.7	0.1	-0.92	1.0	-0.19	0.17	0.21	0.22	-0.22
Interest Income	0.21		0.5	0.09	0.14	0.53	0.48	0.48	0.49	-0.26	-0.08	0.12	0.52	0.29	0.39	0.49	0.11	0.68	-0.08	0.21	-0.9	0.84	0.57	0.9	-0.73
Depreciation And Amortization	0.27	0.5		0.61	0.72	0.99	0.99	0.99	0.99	-0.42	-0.31	-0.19	0.99	0.4	0.83	0.99	-0.29	-0.12	-0.31	0.27	-0.42	0.17	0.99	0.6	-0.82
Interest Expense	0.04	0.09	0.61		0.57	0.62	0.66	0.64	0.64	-0.05	-0.12	0.02	0.58	0.37	0.7	0.62	-0.17	-0.35	-0.12	0.04	-0.17	-0.38	0.59	0.18	-0.24
Selling General Administrative	0.59	0.14	0.72	0.57		0.71	0.77	0.75	0.8	-0.58	-0.64	-0.48	0.73	-0.07	0.85	0.78	-0.57	-0.35	-0.64	0.59	-0.23	-0.15	0.66	0.13	-0.5
Selling And Marketing Expenses	0.3	0.53	0.99	0.62	0.71		0.99	0.99	0.99	-0.44	-0.34	-0.2	1.0	0.38	0.81	0.99	-0.31	-0.09	-0.34	0.3	-0.45	0.2	0.99	0.64	-0.83
Total Revenue	0.27	0.48	0.99	0.66	0.77	0.99		1.0	0.99	-0.37	-0.29	-0.14	0.98	0.43	0.89	0.99	-0.25	-0.12	-0.29	0.27	-0.44	0.14	0.97	0.58	-0.78
Gross Profit	0.27	0.48	0.99	0.64	0.75	0.99	1.0		0.99	-0.38	-0.29	-0.14	0.99	0.43	0.86	0.99	-0.26	-0.12	-0.29	0.27	-0.43	0.15	0.98	0.59	-0.8
Other Operating Expenses	0.36	0.49	0.99	0.64	0.8	0.99	0.99	0.99		-0.46	-0.39	-0.23	0.99	0.34	0.87	1.0	-0.34	-0.13	-0.39	0.36	-0.44	0.14	0.97	0.58	-0.79
Operating Income	-0.81	-0.26	-0.42	-0.05	-0.58	-0.44	-0.37	-0.38	-0.46		0.94	0.92	-0.46	0.64	-0.26	-0.48	0.91	0.18	0.94	-0.81	0.16	-0.13	-0.4	-0.17	0.5
Net Income From Continuing Ops	-0.92	-0.08	-0.31	-0.12	-0.64	-0.34	-0.29	-0.29	-0.39	0.94		0.91	-0.37	0.68	-0.27	-0.4	0.92	0.22	1.0	-0.92	0.03	0.04	-0.25	-0.03	0.26
Ebit	-0.71	0.12	-0.19	0.02	-0.48	-0.2	-0.14	-0.14	-0.23	0.92	0.91		-0.22	0.81	-0.08	-0.25	0.98	0.47	0.91	-0.71	-0.22	0.21	-0.14	0.22	0.19
Research Development	0.35	0.52	0.99	0.58	0.73	1.0	0.98	0.99	0.99	-0.46	-0.37	-0.22		0.36	0.81	1.0	-0.32	-0.07	-0.37	0.35	-0.45	0.22	0.98	0.64	-0.83
Ebitda	-0.53	0.29	0.4	0.37	-0.07	0.38	0.43	0.43	0.34	0.64	0.68	0.81	0.36		0.36	0.33	0.73	0.27	0.68	-0.53	-0.29	0.19	0.43	0.49	-0.22
Cost Of Revenue	0.28	0.39	0.83	0.7	0.85	0.81	0.89	0.86	0.87	-0.26	-0.27	-0.08	0.81	0.36		0.84	-0.19	-0.14	-0.27	0.28	-0.42	-0.01	0.79	0.36	-0.56
Total Operating Expenses	0.37	0.49	0.99	0.62	0.78	0.99	0.99	0.99	1.0	-0.48	-0.4	-0.25	1.0	0.33	0.84		-0.36	-0.12	-0.4	0.37	-0.43	0.16	0.97	0.59	-0.81
Income Before Tax	-0.7	0.11	-0.29	-0.17	-0.57	-0.31	-0.25	-0.26	-0.34	0.91	0.92	0.98	-0.32	0.73	-0.19	-0.36		0.53	0.92	-0.7	-0.18	0.28	-0.24	0.18	0.24
Total Other Income Expense Net	0.1	0.68	-0.12	-0.35	-0.35	-0.09	-0.12	-0.12	-0.13	0.18	0.22	0.47	-0.07	0.27	-0.14	-0.12	0.53		0.22	0.1	-0.68	0.87	-0.06	0.68	-0.15
Net Income	-0.92	-0.08	-0.31	-0.12	-0.64	-0.34	-0.29	-0.29	-0.39	0.94	1.0	0.91	-0.37	0.68	-0.27	-0.4	0.92	0.22		-0.92	0.03	0.04	-0.25	-0.03	0.26
Income Tax Expense	1.0	0.21	0.27	0.04	0.59	0.3	0.27	0.27	0.36	-0.81	-0.92	-0.71	0.35	-0.53	0.28	0.37	-0.7	0.1	-0.92		-0.19	0.17	0.21	0.22	-0.22
Minority Interest	-0.19	-0.9	-0.42	-0.17	-0.23	-0.45	-0.44	-0.43	-0.44	0.16	0.03	-0.22	-0.45	-0.29	-0.42	-0.43	-0.18	-0.68	0.03	-0.19		-0.79	-0.5	-0.8	0.69
Net Interest Income	0.17	0.84	0.17	-0.38	-0.15	0.2	0.14	0.15	0.14	-0.13	0.04	0.21	0.22	0.19	-0.01	0.16	0.28	0.87	0.04	0.17	-0.79		0.25	0.79	-0.56
Reconciled Depreciation	0.21	0.57	0.99	0.59	0.66	0.99	0.97	0.98	0.97	-0.4	-0.25	-0.14	0.98	0.43	0.79	0.97	-0.24	-0.06	-0.25	0.21	-0.5	0.25		0.66	-0.88
Extraordinary Items	0.22	0.9	0.6	0.18	0.13	0.64	0.58	0.59	0.58	-0.17	-0.03	0.22	0.64	0.49	0.36	0.59	0.18	0.68	-0.03	0.22	-0.8	0.79	0.66		-0.71
Non Operating Income Net Other	-0.22	-0.73	-0.82	-0.24	-0.5	-0.83	-0.78	-0.8	-0.79	0.5	0.26	0.19	-0.83	-0.22	-0.56	-0.81	0.24	-0.15	0.26	-0.22	0.69	-0.56	-0.88	-0.71

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Altair Engineering Account Relationship Matchups

Altair Engineering income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	10.9M	12.5M	8.5M	15.2M	21.5M	18.3M
Interest Income	426K	7.1M	541K	4.1M	16.9M	17.7M
Depreciation And Amortization	23.1M	23.8M	25.6M	35.5M	39.1M	23.5M
Interest Expense	6.4M	11.6M	12.1M	4.4M	6.1M	5.8M
Selling General Administrative	82.2M	86.4M	91.5M	97.6M	70.9M	86.5M
Selling And Marketing Expenses	106.1M	111.4M	132.8M	155.2M	176.1M	118.7M
Total Revenue	458.9M	469.9M	532.2M	572.2M	612.7M	486.8M
Gross Profit	326.3M	348.6M	402.5M	449.3M	490.9M	358.2M
Other Operating Expenses	450.7M	458.2M	519.8M	579.2M	612.5M	481.0M
Operating Income	8.2M	11.7M	12.3M	(23.8M)	243K	230.9K
Net Income From Continuing Ops	(7.5M)	(10.5M)	(8.8M)	(43.4M)	(8.9M)	(9.4M)
Ebit	8.2M	13.6M	11.8M	(23.8M)	18.7M	19.7M
Research Development	117.5M	126.1M	151.0M	185.9M	212.6M	136.7M
Ebitda	31.3M	37.4M	37.4M	11.7M	57.9M	29.9M
Cost Of Revenue	132.6M	121.3M	129.7M	122.9M	121.8M	128.7M
Total Operating Expenses	318.1M	336.9M	390.2M	456.3M	490.7M	352.4M
Income Before Tax	3.4M	2.0M	(288K)	(28.2M)	12.6M	13.2M
Total Other Income Expense Net	(4.8M)	(9.7M)	(12.6M)	(18.3M)	12.4M	13.0M
Net Income Applicable To Common Shares	(7.5M)	(10.5M)	(8.8M)	(43.4M)	(39.1M)	(37.1M)
Net Income	(7.5M)	(10.5M)	(8.8M)	(43.4M)	(8.9M)	(9.4M)
Income Tax Expense	10.9M	12.5M	8.5M	15.2M	21.5M	18.3M
Net Interest Income	(6.4M)	(11.6M)	(12.1M)	(4.4M)	10.7M	11.3M
Reconciled Depreciation	21.5M	23.8M	25.6M	35.5M	39.1M	27.0M
Non Operating Income Net Other	1.6M	1.9M	(562K)	(16.9M)	(15.2M)	(14.4M)

Pair Trading with Altair Engineering

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair Engineering position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair Engineering will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altair Stock

0.86

SentinelOne

Pair Corr

Moving against Altair Stock

0.7	VRAR	Glimpse Group	Pair Corr
0.62	VRNT	Verint Systems Earnings Call This Week	Pair Corr
0.59	VHAI	VHAI	Pair Corr
0.55	FAAS	DigiAsia Corp Symbol Change	Pair Corr
0.38	MQ	Marqeta Potential Growth	Pair Corr

The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair Engineering - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair Engineering to buy it.

The correlation of Altair Engineering is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Altair Engineering can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Altair Stock Analysis

When running Altair Engineering's price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.

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Altair Historical Income Statement

About Altair Income Statement Analysis

Altair Engineering Income Statement Chart

Tax Provision

Total Revenue

Altair Engineering income statement Correlations

Altair Engineering Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altair Engineering income statement Accounts

Pair Trading with Altair Engineering

Moving together with Altair Stock

Moving against Altair Stock

Additional Tools for Altair Stock Analysis

COMMON DESTINATIONS

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Income Tax Expense	+ 1.0	Tax Provision
Research Development	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Other Operating Expenses
Net Income	+ 1.0	Net Income From Continuing Ops
Total Operating Expenses	+ 1.0	Research Development

Income Tax Expense	- 0.92	Net Income
Income Tax Expense	- 0.92	Net Income From Continuing Ops
Net Income	- 0.92	Tax Provision
Net Income From Continuing Ops	- 0.92	Tax Provision
Minority Interest	- 0.9	Interest Income
Non Operating Income Net Other	- 0.88	Reconciled Depreciation