Altair Engineering Inc. Annual Amortization of Intangible Assets in USD from 2015 to 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Altair Engineering Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2015 to 2024.
  • Altair Engineering Inc. Amortization of Intangible Assets for the quarter ending December 31, 2024 was $8.71M, a 13% increase year-over-year.
  • Altair Engineering Inc. Amortization of Intangible Assets for the twelve months ending December 31, 2024 was $33M, a 7.04% increase year-over-year.
  • Altair Engineering Inc. annual Amortization of Intangible Assets for 2024 was $33M, a 7.04% increase from 2023.
  • Altair Engineering Inc. annual Amortization of Intangible Assets for 2023 was $30.9M, a 12.1% increase from 2022.
  • Altair Engineering Inc. annual Amortization of Intangible Assets for 2022 was $27.5M, a 49.9% increase from 2021.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $33M +$2.17M +7.04% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-20
2023 $30.9M +$3.34M +12.1% Jan 1, 2023 Dec 31, 2023 10-K 2025-02-20
2022 $27.5M +$9.15M +49.9% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-20
2021 $18.4M +$1.98M +12.1% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-22
2020 $16.4M +$1.93M +13.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $14.4M +$6.7M +86.6% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-28
2018 $7.74M +$2.29M +42.1% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $5.45M +$2.13M +64% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 $3.32M +$698K +26.6% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $2.62M Jan 1, 2015 Dec 31, 2015 10-K 2018-03-21
* An asterisk sign (*) next to the value indicates that the value is likely invalid.