Altair Engineering Gross Margin 2016-2024 | ALTR
- Altair Engineering average gross margin for 2023 was 79.05%, a 2.01% increase from 2022.
- Altair Engineering average gross margin for 2022 was 77.49%, a 2.64% increase from 2021.
- Altair Engineering average gross margin for 2021 was 75.5%, a 4.2% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.