Ansys Announces Q1 Financial Results


Supplemental Financial Information

/ Annual Contract Value

(in thousands, except percentages) Q1 2024  Q1 2024 in Constant Currency  Q1 2023  % Change  % Change in Constant Currency
ACV $ 407,405  $ 410,433 $399,407 2.0% 2.8%


Trailing Twelve-Month Recurring ACV

Recurring ACV includes both subscription lease ACV and all maintenance ACV (including maintenance from perpetual licenses). It excludes perpetual license ACV and service ACV.

Q1 2024 Trailing Twelve-Month ACV by Industry

Q1 2023 Trailing Twelve-Month ACV by Industry

/ Revenue

(in thousands, except percentages) Q1 2024  Q1 2024 in Constant Currency  Q1 2023  % Change  % Change in Constant Currency
Revenue $ 466,605  $ 470,508 $509,447 (8.4)% (7.6)%


REVENUE BY LICENSE TYPE


(in thousands, except percentages) Q1 2024   % of Total   Q1 2023   % of Total   % Change   % Change in Constant Currency
Subscription Lease $ 94,800   20.3 %   $ 147,922   29.0 %   (35.9)%   (35.5)%
Perpetual   65,521   14.0 %     71,230   14.0 %   (8.0)%   (7.7)%
Maintenance 1   289,340   62.0 %     268,593   52.7 %   7.7 %   8.8 %
Service   16,944   3.6 %     21,702   4.3 %   (21.9)%   (21.3)%
Total $ 466,605       $ 509,447       (8.4)%   (7.6)%

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