Ansys Announces Q3 Financial Results

1 Diluted weighted average shares were 87,814.

  Nine Months Ended
  September 30, 2023
(in thousands, except percentages and per share data) Gross Profit  % of Revenue  Operating Income  % of Revenue  Net Income  EPS - Diluted1
Total GAAP$  1,263,592 86.3% $    293,135 20.0% $   225,650  $       2.58 
Stock-based compensation expense             9,924 0.6%        158,533 10.7%        158,533             1.81 
Excess payroll taxes related to stock-based awards                303 %             5,270 0.4%            5,270             0.06 
Amortization of intangible assets from acquisitions           60,404 4.2%          77,002 5.3%          77,002                 0.88  
Expenses related to business combinations                     —   %                5,758   0.4 %               5,758                 0.07  
Adjustment for income tax effect                     —   %                      —   %           (48,222 )             (0.55 )
Total non-GAAP $   1,334,223   91.1 %   $     539,698   36.8 %   $    423,991     $        4.85  
                                       

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