Ansys Announces Q4 and FY 2023 Financial Results

Supplemental Financial Information

/ Annual Contract Value

(in thousands, except percentages) Q4 QTD 2023  Q4 QTD 2023 in Constant Currency  Q4 QTD 2022  % Change  % Change in Constant Currency
ACV $        955,161   $         947,815  $818,009 16.8% 15.9%
          
(in thousands, except percentages) FY 2023  FY 2023 in Constant Currency  FY 2022  % Change  % Change in Constant Currency
ACV $    2,300,466   $      2,303,344  $2,031,744 13.2% 13.4%

ACV by License Type

*Subscription lease ACV includes the bundled arrangement of time-based licenses with related maintenance.
**Perpetual and service ACV includes perpetual licenses, with related maintenance, and services.

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.

FY 2023 ACV by Industry

FY 2022 ACV by Industry


/ Reve nue

(in thousands, except percentages) Q4 QTD 2023  Q4 QTD 2023 in Constant Currency   Q4 QTD 2022   % Change   % Change in Constant Currency
GAAP Revenue $        805,108   $         799,681   $ 694,115   16.0 %   15.2 %
Non-GAAP Revenue $        805,108   $         799,681   $ 694,690   15.9 %   15.1 %
                   
(in thousands, except percentages) FY 2023   FY 2023 in Constant Currency   FY 2022   % Change   % Change in Constant Currency
GAAP Revenue $    2,269,949   $     2,275,702   $ 2,065,553   9.9 %   10.2 %
Non-GAAP Revenue $    2,269,949   $     2,275,702   $ 2,072,886   9.5 %   9.8 %

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