PITTSBURGH – Ansys reported revenue of $694.1 million for the fourth quarter, an increase of 6% when compared to the fourth quarter of 2021.

For 2022, the company saw revenue of $2.07 billion, an 8% increase from 2021's total.

Looking ahead, Ansys forecasts revenue of $482.5 million to $507.5 million in the first quarter, and revenue of $2.24 billion to $2.32 billion for 2023 as a whole.

“2022 was an outstanding year for Ansys. Our focus on customer success, product leadership and execution drove double-digit constant currency ACV and revenue growth for the fourth quarter and full year. Our excellent performance is evidence of the significant value that our best-in-class multiphysics product portfolio delivers to our customers as well as the immense opportunity that lies ahead of Ansys,” said Ajei Gopal, Ansys president and CEO. “Our customers continue to rely on Ansys simulation to drive innovation across their next-generation products. We recently released the latest version of our portfolio, which is helping users to bring smarter, more sustainable products to market faster and at lower costs.”