Ansys Announces Q1 Financial Results


REVENUE BY CHANNEL


  Q1 2024  Q1 2023
Direct revenue, as a percentage of total revenue 66.5 % 76.3%
Indirect revenue, as a percentage of total revenue 33.5 % 23.7%


/ Deferred Revenue and Backlog

(in thousands) March 31, 2024  December 31, 2023  March 31, 2023
Current Deferred Revenue $ 433,167 $457,514 $396,331
Current Backlog  433,106  439,879  428,913
Total Current Deferred Revenue and Backlog  866,273  897,393  825,244
      
Long-Term Deferred Revenue  21,434  22,240  20,738
Long-Term Backlog  481,746  552,951   511,502
Total Long-Term Deferred Revenue and Backlog   503,180     575,191     532,240
           
Total Deferred Revenue and Backlog $ 1,369,453   $ 1,472,584   $ 1,357,484

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