Altair Engineering Research and Development Expenses 2016-2023 | ALTR

Altair Engineering annual/quarterly research and development expenses history and growth rate from 2016 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Altair Engineering research and development expenses for the quarter ending December 31, 2023 were $0.053B, a 1.13% increase year-over-year.
  • Altair Engineering research and development expenses for the twelve months ending December 31, 2023 were $0.213B, a 4.99% increase year-over-year.
  • Altair Engineering annual research and development expenses for 2023 were $0.213B, a 4.99% increase from 2022.
  • Altair Engineering annual research and development expenses for 2022 were $0.203B, a 21.04% increase from 2021.
  • Altair Engineering annual research and development expenses for 2021 were $0.167B, a 32.72% increase from 2020.
Altair Engineering Annual Research and Development Expenses
(Millions of US $)
2023 $213
2022 $203
2021 $167
2020 $126
2019 $118
2018 $98
2017 $93
2016 $71
2015 $63
Altair Engineering Quarterly Research and Development Expenses
(Millions of US $)
2023-12-31 $53
2023-09-30 $52
2023-06-30 $55
2023-03-31 $53
2022-12-31 $52
2022-09-30 $53
2022-06-30 $50
2022-03-31 $47
2021-12-31 $54
2021-09-30 $36
2021-06-30 $39
2021-03-31 $38
2020-12-31 $35
2020-09-30 $31
2020-06-30 $29
2020-03-31 $31
2019-12-31 $30
2019-09-30 $30
2019-06-30 $30
2019-03-31 $28
2018-12-31 $26
2018-09-30 $24
2018-06-30 $25
2018-03-31 $23
2017-12-31 $24
2017-09-30 $28
2017-06-30 $23
2017-03-31 $19
2016-12-31
2016-09-30 $19
2016-06-30 $0
2015-12-31
Sector Industry Market Cap Revenue
Construction Engineering - Research & Development Services $7.514B $0.613B
Altair Engineering Inc. is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for business performance. The company serves broad industry segments. Altair Engineering Inc. is headquartered in Michigan, USA.
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