Ansys Announces Q1 Financial Results

1 Diluted weighted average shares were 87,780.

  Three Months Ended
  March 31, 2023
(in thousands, except percentages and per share data) Gross Profit  % of Revenue  Operating Income  % of Revenue  Net Income  EPS - Diluted 1
Total GAAP$441,795 86.7% $127,695 25.1% $100,622  $1.15 
Stock-based compensation expense 2,878 0.6%  44,171 8.7%  44,171   0.50 
Excess payroll taxes related to stock-based awards 284 0.1%  4,076 0.8%  4,076   0.05 
Amortization of intangible assets from acquisitions 19,618 3.8%  24,799  4.8 %     24,799       0.28  
Expenses related to business combinations     %     2,192   0.4 %     2,192       0.03  
Adjustment for income tax effect     %       %     (14,097 )     (0.16 )
Total non-GAAP $ 464,575   91.2 %   $ 202,933   39.8 %   $ 161,763     $ 1.85  

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