Ansys Announces Q4 and FY 2023 Financial Results

The difference between the GAAP and non-GAAP revenue values for the 2022 period is a result of the application of the fair value provisions applicable to the accounting for business combinations closed prior to 2022.

REVENUE BY LICENSE TYPE
            
GAAP
            
(in thousands, except percentages) Q4 QTD 2023  % of Total  Q4 QTD 2022  % of Total  % Change  % Change in Constant Currency
Subscription Lease $        399,556   49.6 % $324,688 46.8% 23.1% 22.4%
Perpetual           102,721   12.8 %  88,958 12.8% 15.5% 14.8%
Maintenance1           283,130   35.2 %  261,691 37.7% 8.2% 7.2%
Service             19,701   2.4 %     18,778   2.7 %   4.9 %   3.7 %
Total $        805,108       $ 694,115       16.0 %   15.2 %
                       
                       
(in thousands, except percentages) FY 2023   % of Total   FY 2022   % of Total   % Change   % Change in Constant Currency
Subscription Lease $        786,050   34.6 %   $ 687,665   33.3 %   14.3 %   14.4 %
Perpetual            302,698   13.3 %     301,313   14.6 %   0.5 %   0.7 %
Maintenance 1         1,103,523   48.6 %     1,004,245   48.6 %   9.9 %   10.3 %
Service              77,678   3.4 %     72,330   3.5 %   7.4 %   7.4 %
Total $    2,269,949       $ 2,065,553       9.9 %   10.2 %

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